1649 Edith Esplanade, Cape Coral, FL 33904

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

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List Price
$700,000
Status
ACTIVE
MLS#
2026017519
Price Change
▼ $35,000 1780100348
Bedrooms
4
Bathrooms
4
Living Area
1,600
Development
Cape Coral
Subdivision
Cape Coral

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

Taxes
$9,128
Building Design
Duplex
Year Built
1961
Community Type
Boat Facilities, Non-Gated
Construction
Block, Concrete, Stucco
Living Area
1,600
Acres
0.23
Amenities
None
Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Central, Electric
Flooring
Tile
Exterior Features
Sprinkler/Irrigation, Patio, Room For Pool, Water Feature
Gulf Access
Yes
Gulf Access Type
No Bridge(s)/Water Direct
Waterfront
Yes
Waterfront Description
Canal Access, Lake, Navigable Water, Seawall
Water
Assessment Paid, Public
Sewer
Assessment Paid, Public Sewer
Pets
Yes

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Realty Team.