1649 Edith Esplanade, Cape Coral, FL 33904

$700,000
4
BD
4
BA
1,600
SqFt

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Courtesy of RE/MAX Realty Team.

List Price
$700,000
Status
ACTIVE
Days on Market
111
Price Change
▼ $35,000 1780100708
MLS#
2026017519
Subtype
Residential Income
Style
Duplex
Year Built
1961
Bedrooms
4
Bathrooms
4
Full Baths
4
Living Area
1,600
Lot Size
10,106
Acres
0.23
Subdivision
Cape Coral
Neighborhood
Cape Coral
MLS Area Major
CC11 - Cape Coral Unit 1, 2, 4-6

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.

Additional Information

Amenities
None, Underground Utility
Exterior Features
Boat Dock Private, Concrete Dock, Dock Deeded
Taxes
$9,128
Property Description
Duplex
Zoning
RML
Flooring
Tile
Heating
Central Electric
Air Conditioning
Ceiling Fan(s), Central Electric
Roof
Shingle
Foundation
Concrete Block

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