3505 SE 16TH PLACE, Cape Coral, FL, 33904 | $745,000

Welcome to your dream oasis in the desirable Palaco Grande Neighborhood, located on the picturesque Rainbow Canal! This stunning, fully remodeled pool home is offered completely turnkey, nestled in the sought-after Flood Zone X500 with no flooding concerns. Featuring impact windows throughout, this charming residence boasts a brand-new roof, AC, flooring, kitchen with quartz countertops, bathrooms, stylish window treatments, beautiful landscaping, and recent exterior paint. Step inside to an open floor plan with stylish furniture, offering a seamless flow throughout the home. Enjoy breathtaking views of the canal right from the front door. Massive sliding doors open to the lanai, providing the perfect setting for indoor-outdoor living. Perfect for boating enthusiasts, this property includes massive pilings for a large yacht and offers sailboat access with no bridges. The great entertaining space under truss is ideal for gatherings and relaxation. Additional features include a spacious 2-car garage and an extra patio with loungers and a seating area at the dock. Enjoy the convenience of utilities being paid and a proven rental history, making it an ideal investment or vacation home. With everything included, just bring your suitcase and toothbrush. One look, and you’ll be hooked. Don’t miss out on this incredible opportunity!

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 80 x 125 x 80 x 125
  • Laundry: In Garage
  • Year Built: 1967
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,370
  • Acreage: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Est. Taxes: $8,162
  • Pool: Gunite
  • Pet Policy: Yes
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: C7513451
  • Days on Market: 131 days
  • Website: https://www.raveis.com
    /prop/C7513451/3505se16thplace_capecoral_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 2/11/2026 1:51:17 AM)
Listing courtesy of FLORIDA COMPLETE REALTY   Phone: 239-205-7200

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

3505 SE 16TH PLACE, Cape Coral, FL, 33904

$745,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $596,000 $596,000 $596,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 5.990% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.112% 6.156% 5.522%
Monthly Tax Payment $680 $680 $680
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,291 $3,569 $4,791
Total Monthly Payment $4,063 $4,341 $5,563

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.