1649 Edith Esplanade, Cape Coral, FL 33904

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

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List Price
$700,000
Listing Price
$700,000
Price Change
▼ $35,000 1780100348
Days on Market
105
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

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

Units
2
Bathrooms
4
Approximate Living Area
1,600
Building Description
Duplex
Lot Size
0.232
Construction
Block, Concrete, Stucco
Amenities
None
Exterior Features
Sprinkler/Irrigation, Patio, Room For Pool, Water Feature
Water
Assessment Paid, Public
Sewer
Assessment Paid, Public Sewer
Cooling
Central Air, Ceiling Fan(s), Electric
Waterfront Description
Canal Access, Lake, Navigable Water, Seawall
Community Type
Boat Facilities, Non-Gated
Gulf Access
Yes
Waterfront
Yes

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Realty Team.