$10,000

closing credit¹

1649 Edith Esplanade Cape Coral, FL 33904

$895,000
4 beds
4 full
0.2 acres
Multi-Family

Property details

About 1649 Edith Esplanade

"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.

Highlights

Home typeDuplex
HeatingWall Furnace
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Lot size0.232 Acres
Year built1961
MLS #224098456
WaterfrontBasin, Navigable Water, Seawall

Summary

  • MLS Number: 224098456
  • MLS Name: SWFL
  • Office Name: Keller Williams Realty Fort Myers and the Islands
  • Office Phone: (239) 319-7878
  • Listing Agent: Beth Tittsworth

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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 has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

ranch-style home with a sunroom and a front lawn

$895,000

1649 Edith Esplanade

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$763,459$9,196
2022$581,434$7,672
2021$447,417$7,672
2020$284,837$6,982
2019$247,877$5,311
2018$244,877$5,347
2017$292,078$6,306

History based on county public records data.

Nearby schools

8

Cape Elementary School

Public District KG-5

0.8 mi

4519 Vincennes Blvd

7

Heights Elementary School

Public District KG-5

2.8 mi

15200 Alexandria Ct

7

Pelican Elementary School

Public District KG-5

3.1 mi

3525 SW 3rd Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,500. The majority of Cape Coral, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

38%
<35k
52%
35k-100k
5%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
6%
Single, with Kids
38%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
3%
12-17 yrs old
11%
18-34 yrs old
49%
35-64 yrs old
30%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Chico'sChico's
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Cracker BarrelCracker Barrel
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • MazdaMazda
  • BuickBuick
  • LincolnLincoln

What do the neighbors listen to?

  • RockRock
  • Soft Adult ContemporarySoft Adult Contemporary
  • ClassicalClassical
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1649 Edith Esplanade in Cape Coral, FL and zip code 33904 in the Caloosahatchee neighborhood. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 8, 2024 and is currently priced at $895,000.

While more than 28 listings in Cape Coral, FL in January 2025 were sold above asking price, there were more than 55 listings sold at asking price, and more than 220 were sold below. The number of listings in Cape Coral, FL increased by 16.9% between December and January 2025. Listings spent 78 days on the market in January 2025, and had a median list price of $389,888 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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