Waterfront Multi-Family Investment
1649 Edith Esplanade Cape Coral, FL 33904
1649 Edith Esplanade, Cape Coral, FL, 33904
$700,000
For Sale
$700,000
MULTI_FAMILY - Other - Cape Coral, FL
Lot Size0.23 Acres
Days on Market94
Property Features for 1649 Edith Esplanade
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 4, Bathroom 2
- Patio and Porch features
- Patio
- Pets allowed
- Yes
- Exterior features
- SprinklerIrrigation, Patio, RoomForPool, WaterFeature
- Standard status
- Active
- APN
- 17-45-24-C1-00075.0360
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CAPE CORAL UNIT 6 PART 3 BLK.75 PB 11 PG 71 LOTS 36 + 37
- Tax Annual Amount
- 9128
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric, Ceiling Fan(s)
- Water source
- Public
- Water front features
- Seawall, Canal Access, Lake, Navigable Water
- Water front
- 1
Building Details
- Year built
- 1961
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block, Concrete, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
RE/MAX Realty Team
(239) 242-2000
2326 Del Prado Blvd, Cape Coral, FL
Listed by
Phil Derry · License #258004233
(239) 209-7777
Added: Apr 15 Checked: Jul 17 at 8:06 am
MLS# 2026017519
Listing URL
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This gulf access property features direct canal frontage without bridges, providing deep water access to open water and the Gulf of Mexico. Located on Bikini Basin in an exclusive neighborhood, the spacious lot offers water views of both the river and basin. The existing duplex did not flood during Hurricane Ian. The property is zoned for multi-family use with approvals to build up to 10 units, making it suitable for a spacious home, a multi-unit investment property, or a vacation rental. The land was appraised in April 2026. The property offers convenient river access and proximity to Fort Myers, combining waterfront living with income potential.
Key Highlights
- Direct canal frontage with no bridges, providing gulf access and navigable water access
- Waterfront features include a seawall and lake/canal access, with water views from the front and back
- Year built 1961 with block, concrete, and stucco construction; shingle roof
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Waterfront Land
Similar For Sale Nearby
FAQs
What type of property is this?
Waterfront Land - Gulf access property with multi-family zoning and income potential.
Where is this waterfront land located?
The property is located at 1649 Edith Esplanade Cape Coral, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Direct canal frontage with no bridges, providing gulf access and navigable water access; Waterfront features include a seawall and lake/canal access, with water views from the front and back; Year built 1961 with block, concrete, and stucco construction; shingle roof
