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1649 Edith Esplanade

Cape Coral, FL 33904
  • $895,000
  • STATUS: Active
  • ON SITE: 68 Days
  • MLS #: 224098456
UPDATED: 40 min ago
$895,000
  • 4
    BEDS
  • 0.23
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1961
County:
Lee

School Ratings & Info

Description

"As the old saying goes, "they aren't making any more land", so here is your rare opportunity to take advantage of this beautiful spot right on the Bikini Basin at the mouth of the river with direct, deep-water gulf access. This property is all about location. As an investment opportunity use this old-Florida style multi-family home with 2 bedroom/2bath each side as a vacation or annual rental. If you choose seasonal or short-term rental, you can have four separate units for rent as it sits now. Each side has a bedroom/bath combination with a separate entrance off the screened front lanai. The other two units would each have a bedroom/bath combination and living room with kitchen. Land use allows for multi-family of less than 10 so build new with nine units and increase your income potential with this unique property. The location is a short distance to downtown Cape Coral restaurants and shopping and just across the bridge from Ft. Myers. The beautiful water views and quick, easy access to the gulf make it ideal for a private residence too. Build your perfect dream home right on the water. Sit out back and enjoy the basin or sit out front and enjoy the view of the river.

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© 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Clausen Properties, Inc.. Data last updated 2025-02-15T20:31:29.063.
www.clausenproperties.com/homes/158584720
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1649 Edith Esplanade Cape Coral, FL 33904

  • Price: $895,000
  • Status: Active
  • On Site: 68 Days
  • Updated: 40 min ago
  • MLS #: 224098456
4
Beds
4
Baths
0
½ Baths
0.23
Acres
1961
Built
Neighborhood:
Cape Coral
County:
Lee
Area:
Cc11 - Cape Coral Unit 1, 2, 4-6
Property Description
"As the old saying goes, "they aren't making any more land", so here is your rare opportunity to take advantage of this beautiful spot right on the Bikini Basin at the mouth of the river with direct, deep-water gulf access. This property is all about location. As an investment opportunity use this old-Florida style multi-family home with 2 bedroom/2bath each side as a vacation or annual rental. If you choose seasonal or short-term rental, you can have four separate units for rent as it sits now. Each side has a bedroom/bath combination with a separate entrance off the screened front lanai. The other two units would each have a bedroom/bath combination and living room with kitchen. Land use allows for multi-family of less than 10 so build new with nine units and increase your income potential with this unique property. The location is a short distance to downtown Cape Coral restaurants and shopping and just across the bridge from Ft. Myers. The beautiful water views and quick, easy access to the gulf make it ideal for a private residence too. Build your perfect dream home right on the water. Sit out back and enjoy the basin or sit out front and enjoy the view of the river.
Exterior Features

Architectural Style Duplex Construction Materials Block Concrete Stucco Covered Spaces 0 Exterior Features Fruit Trees Patio Patio And Porch Features Patio Pool Private YN No Road Responsibility Public Maintained Road Roof Shingle Spa YN No Structure Type Duplex

Interior Features

Cooling Central Air Ceiling Fan(s) Electric Cooling YN Yes Flooring Tile Heating Wall Furnace Heating YN Yes Window Features Jalousie

Property Features

Association Amenities None Association Fee 0 Association Fee2 0 Association Fee3 0 Building Area Total 1600 Community Features Boat Facilities Non- Gated Disclosures Owner Has Flood Insurance Irrigation Source None Land Lease Amount 0 Listing Terms All Financing Considered Cash Lot Features Rectangular Lot Dead End Net Operating Income 0 Pets Allowed Yes Possession Close Of Escrow Subject To Tenant Rights Property Condition Resale Property Sub Type Duplex Property Sub Type Additional Duplex Restrictions Sewer Public Sewer Tax Annual Amount 9196.08 Tax Year 2023 Tenant Pays Cable TV Electricity Internet Utilities Cable Available Water Source Public Waterfront Features Basin Navigable Water Seawall Waterfront YN Yes Zoning Description R3- W

Listing courtesy of Keller Williams Realty Fort Myers and the Islands.


© 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Clausen Properties, Inc.. Data last updated 2025-02-15T20:31:29.063.
 
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