Homes for sale - 1649 Edith Esplanade, Cape Coral, FL 33904

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Mon

Dec

Tue

Dec

Wed

Dec

Adam Shue

ashue@amerivestrealty.com +1(239) 405-2614

$ 895,000

Est. payment | -/mo

4 Beds

4 Baths

10,105 Sqft Lot

Save Virtual Tour

$ 895,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

4 Baths

10,105 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Cape Coral

MLS Listing ID 224098456

Bedrooms 4

Full Baths 4

HOA Y/N Yes

Originating Board Florida Gulf Coast

Year Built 1961

Annual Tax Amount $9,196

Tax Year 2023

Lot Size 10,105 Sqft

Acres 0.232

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.

Location

State FL

County Lee

Area Cape Coral

Zoning R3-W

Interior

Heating Wall Unit

Flooring Tile

Fireplace No

Heat Source Wall Unit

Exterior

Exterior Feature Boat Dock Private, Concrete Dock

Amenities Available None

Waterfront Description Basin,Navigable,Seawall

Roof Type Shingle

Porch Patio

Garage No

Private Pool No

Building

Lot Description Across From Waterfront, Regular

Water Central

Architectural Style Duplex

Structure Type Concrete Block,Stucco

New Construction No

Others

Pets Allowed Yes

Senior Community No

Tax ID 17-45-24-C1-00075.0360

Listed by Keller Williams Realty Fort Myers and the Islands • Beth Tittsworth

Property Details

1649 Edith Esplanade Cape Coral, FL 33904