1 / 26$700,000
1649 Edith Esplanade
location_onCAPE CORAL, FL 33904 · Lee County
About This Property
This exceptional gulf access property features direct canal frontage with no bridges, offering deep water access and quick, easy passage to open water and the Gulf of Mexico. 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 duplex did not flood during Hurricane Ian and can remain as-is or be easily converted into a 4-plex, providing excellent flexibility for owners or investors. 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.
infoProperty Details
- Property Type
- Duplex
- Year Built
- 1961
- Lot Size
- 0.23 acres
- Bedrooms
- 4
- Bathrooms
- 4
- Days on Market
- 44
- List Date
- Apr 15, 2026
- Annual Taxes
- $9K (2025)
chairInterior Features
Flooring
Cooling
Heating
yardExterior & Lot
Construction
Roof
Waterfront
Listed By
RE/MAX Realty Team
239-242-2000