1649 Edith Esplanade CAPE CORAL, FL 33904

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: 107
List Date: Apr 15, 2026
Annual Taxes: $9K (2025)

chairInterior Features

Flooring

Tile

Cooling

Ceiling Fan(s)Central Electric

Heating

Central Electric

yardExterior & Lot

Construction

Concrete BlockStucco

Roof

Shingle

Waterfront

No Bridge(s)/Water DirectCanal FrontLake FrontNavigable WaterSeawall

$700,000