1649 Edith Esplanade, Cape Coral, FL 33904
- $700,000
- 4
- BD
- 4
- BA
- List Price
- $700,000
- Listing Price
- $700,000
- Price Change
- ▼ $35,000 1780100840
- Days on Market
- 107
- MLS#
- 2026017519
- Development
- Cape Coral
- Building Design
- Duplex
- County
- Lee
- Region
- CC11 - Cape Coral Unit 1, 2, 4-6
- Development
- Cape Coral
- Subdivision
- Cape Coral
- Year Built
- 1961
- Total Area
- 10,105
Property Description
This exceptional gulf access property features direct canal frontage with no bridges, offering deep water access and quick, easy passage to open water and the Gulf of Mexico. Nestled on Bikini Basin in an exclusive neighborhood surrounded by multi-million dollar homes, the property includes a spacious lot with water views of both the river and basin from the front and back. The existing duplex did not flood during Hurricane Ian and can remain as-is or be easily converted into a 4-plex, providing excellent flexibility for owners or investors. Recently the land was appraised in April 2026 for $750,000, the property is zoned for multi-family use with approvals to build up to 10 units. This makes it the perfect location for building your spacious dream home, developing a multi-unit investment property, or creating a profitable vacation rental/Airbnb opportunity. Enjoy convenient river access and quick proximity to Fort Myers, combining prime waterfront living with strong income potential.
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Additional Information
- Units
- 2
- Bathrooms
- 4
- Lot Description
- Regular
- Lot Frontage
- 81
- Construction
- Concrete Block, Stucco
- Amenities
- None, Boating, Non-Gated
- Windows
- Jalousie, Sliding
- Exterior Features
- Dock, Concrete Dock, Dock Deeded, Room for Pool, Sprinkler Auto, Water Display
- Water
- Assessment Paid, Central
- Sewer
- Assessment Paid, Central
- Cooling
- Ceiling Fan(s), Central Electric
- Irrigation
- Assessment Paid, Central
- Waterfront Description
- No Bridge(s)/Water Direct, Canal Front, Lake Front, Navigable Water, Seawall
- Boat Access
- Dock, Concrete Dock, Dock Deeded
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Listing courtesy of RE/MAX Realty Team.