1649 Edith Esplanade, Cape Coral, FL 33904

$695,000
4
BD
4
BA
1,600
SqFt

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List Price
$695,000
Listing Price
$695,000
Price Change
▼ $5,000 1789180049
Days on Market
150
MLS#
2026017519
Neighborhood
Cape Coral
Development
Cape Coral
Building Design
Duplex
County
Lee
Region
CC11 - Cape Coral Unit 1, 2, 4-6
Subdivision
Cape Coral
Year Built
1961
Lot Size
10,106

Property Description

Build your dream home on this exceptional waterfront property about 1000 Feet to the River! 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 structure did not flood during Hurricane Ian. 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

Tax Year
2025
Bathrooms
4
Approximate Living Area
1,600
Building Description
Duplex
Lot Size
0.232
Amenities
None, Underground Utility
Exterior Features
Boat Dock Private, Concrete Dock, Dock Deeded
Water
Assessment Paid, Central
Cooling
Ceiling Fan(s), Central Electric
Waterfront Description
Canal Front, Lake, Navigable, Seawall
Boat Access
Boat Dock Private, Concrete Dock, Dock Deeded
Community Type
Boating, Non-Gated
Gulf Access
Yes
Waterfront
Yes

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Courtesy of RE/MAX Realty Team.

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