Waterfront Multi-Family Investment
1649 Edith Esplanade, Cape Coral, FL 33904
- Added:
- Apr 15, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 1 at 1:06 am
Property Features for 1649 Edith Esplanade
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 4, Bathroom 2, Bedroom 3
- 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
- Electric (Heating), Central
- Cooling system
- Central Air, Electric, Ceiling Fan(s)
- Water source
- Public
- Water front features
- Navigable Water, Lake, Canal Access, Seawall
- 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 agent Phil Derry License #258004233 (239) 209-7777
Listing office RE/MAX Realty Team 2326 Del Prado Blvd, Cape Coral, FL (239) 242-2000
Listing date Apr 15, 2026
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.
HighLights
- Direct gulf access with no bridges, offering deep water and quick passage to the Gulf of Mexico.
- Multi‑family zoning with approvals to build up to 10 units, ideal for development or investment.
- Located in an exclusive neighborhood of multi‑million dollar homes on Bikini Basin.
- Spacious lot with water views of both the river and basin.
- Existing duplex did not flood during Hurricane Ian.
- Land appraised for $750,000 in April 2026.
Overview
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.
Location Intelligence
Current Use by Public Records
Waterfront Land
Location Insight
- Map
- Local Demand
- City
- Cape Coral
- County
- Lee
- State
- Florida
- Longitude
- -81.939749
- Latitude
- 26.559589
Nearby Similar for Sale
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 gulf access with no bridges, offering deep water and quick passage to the Gulf of Mexico.; Multi‑family zoning with approvals to build up to 10 units, ideal for development or investment.; Located in an exclusive neighborhood of multi‑million dollar homes on Bikini Basin.
