1649 Edith Esplanade Cape Coral, FL 33904
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $459
Subdivision Cape Coral
MLS Listing ID 2026017519
Style Resale Property
Bedrooms 4
Full Baths 4
Year Built 1961
Annual Tax Amount $9,128
Tax Year 2025
Lot Size 10,105 Sqft
Acres 0.232
Property Sub-Type Duplex
Source Florida Gulf Coast
Property Description
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 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.
Location
State FL
County Lee
Community Boating, Non-Gated
Area Cape Coral
Zoning RML
Interior
Heating Central Electric
Flooring Tile
Fireplace No
Heat Source Central Electric
Exterior
Exterior Feature Boat Dock Private, Concrete Dock, Dock Deeded
Amenities Available None, Underground Utility
Waterfront Description Canal Front,Lake,Navigable,Seawall
Roof Type Shingle
Porch Patio
Garage No
Private Pool No
Building
Lot Description Regular
Water Assessment Paid, Central
Architectural Style Duplex
Structure Type Concrete Block,Stucco
New Construction No
Others
Pets Allowed Yes
Senior Community No
Tax ID 17-45-24-C1-00075.0360
NEARBY SCHOOL & BUSINESS
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