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Duplex with Gulf Access Canal Frontage
For Sale
$700,000

1649 Edith Esplanade, Cape Coral, FL 33904

MULTI_FAMILY - Other - Cape Coral, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market125

Property Features for 1649 Edith Esplanade

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RML
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 4, Bedroom 1
Patio and Porch features Patio
Pets allowed Yes
Exterior features SprinklerIrrigation, Patio, RoomForPool, WaterFeature
Subdivision CAPE CORAL
Lot features Rectangular Lot, Sprinklers Automatic
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
Legal Description CAPE CORAL UNIT 6 PART 3 BLK.75 PB 11 PG 71 LOTS 36 + 37

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Ceiling Fan(s), Electric
Water source Public
Water front features Navigable Water, Seawall, Lake, Canal Access
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 · RE/MAX International
Listed By: Phil Derry · License #258004233
Added: Apr 15 Changed: Aug 13 Last Checked: Aug 17 at 8:06AM
MLS# 2026017519

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.

Duplex property with direct canal frontage and gulf access, featuring navigable water and canal access with a seawall. The existing duplex (built in 1961) includes tile flooring, block/concrete/stucco construction, central air with electric heating, and electric ceiling fans. Outdoors, the property offers a patio, sprinkler irrigation, and room for a pool. Public water and public sewer services are in place.

The site is described as having direct passage to open water and the Gulf of Mexico with no bridges, positioned on Bikini Basin in an established area surrounded by multi-million dollar homes. The lot is 0.232 acres, with water views from the front and back.

The property is zoned for multi-family use, with approvals to build up to 10 units. The duplex is described as having not flooded during Hurricane Ian and can remain as-is or be converted into a 4-plex, creating flexibility for an owner-occupant or an investor focused on multi-family or short-term rental use.

Key Highlights

  • 0.232‑acre gulf‑access canal frontage site on Bikini Basin with seawall
  • Direct canal access with navigable water and passage to open water and the Gulf of Mexico with no bridges
  • Duplex built in 1961 with block/concrete/stucco construction and tile flooring

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Daycare Center Locksmith Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,795
Businesses Nearby

Demographics for 33904, FL

32,029
Population
20,401
Households
1.6
Avg Household Size
56
Median Age
29%
College-Educated
95%
High-School Grad
9.7 sq mi
ZIP Area
3,302
Density / Sq Mi
$66,933
Median Household Income
$43,829
Median Earnings
$1,665
Median Rent
$347,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex on a small gulf-access waterfront lot with public utilities and multi-family zoning with approvals for up to ten units.
Where is this duplex 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: 0.232‑acre gulf‑access canal frontage site on Bikini Basin with seawall; Direct canal access with navigable water and passage to open water and the Gulf of Mexico with no bridges; Duplex built in 1961 with block/concrete/stucco construction and tile flooring
More about this property
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