Waterfront Multi-Family Investment
1649 Edith Esplanade, Cape Coral, FL 33904
- Added:
- Apr 15, 2026
- Days on Market:
- 31
- Last Refresh:
- May 15 at 4:06 am
Property Features for 1649 Edith Esplanade
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 1
- 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
- Ceiling Fan(s), Electric, Central Air
- Water source
- Public
- Water front features
- Navigable Water, Seawall, Canal Access, Lake
- 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 access.
- Multi‑family zoning with approvals to build up to 10 units.
- Priced below appraised value (appraised in April 2026 for $750,000).
- Located in an exclusive neighborhood of multi‑million dollar homes.
- Water views of both the river and basin from the front and back of the spacious lot.
- Existing duplex did not flood during Hurricane Ian.
Overview
This gulf access property features direct canal frontage with no bridges, offering deep water access to open water and the Gulf of Mexico. Located on Bikini Basin in an exclusive neighborhood, the property includes a spacious lot with water views of both the river and basin. The existing duplex did not flood during Hurricane Ian. It can remain as-is or be converted into a 4-plex. The property is zoned for multi-family use with approvals to build up to 10 units. This location is suitable for building a spacious home, developing a multi-unit investment property, or creating a vacation rental/Airbnb opportunity. The property was recently appraised in April 2026. It offers river access and proximity to Fort Myers.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
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?
Duplex - Gulf access property with multi-family zoning and income potential.
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 $735,000.
What are key features of this property?
This property features: Direct gulf access with no bridges, offering deep water access.; Multi‑family zoning with approvals to build up to 10 units.; Priced below appraised value (appraised in April 2026 for $750,000).
