1649 Edith Esplanade

Cape Coral, FL 33904

$895,000
Price
4
Beds
4
Baths
1,600 Sq. Ft.
$559 / Sq. Ft.
1,600
Sq. Ft.
$559
per Sq. Ft.

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...."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.
  1. Listed by Beth Tittsworth • Keller Williams Realty Fort Myers and the Islands • 239-319-7878

Property Details for 1649 Edith Esplanade

Development
CAPE CORAL
Building Design
Duplex
Community Type
Boating, No Subdivision, Non-Gated
Waterfront
Yes
Waterfront Desc
Basin, Navigable Water, Seawall
Waterfront Desc
Basin, Navigable, Seawall
View
None/Other
LISTING UPDATED: 12/20/2024 07:34 AM

Property Details for 1649 Edith Esplanade

StatusActive
MLS #224098456
Days on Market14
Taxes$9,196 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
Lot Size0.23 AC / 10,105 SF
CountyLee County

Building Information for 1649 Edith Esplanade

Stories-Residences2Year Built1961Building Size-Lot Size0.23 AC / 10,105 SF

Property Information for 1649 Edith Esplanade

Summary
Location and General Information
  • City: Cape Coral
  • Directions: Del Prado south of Cape Coral Parkway, take the first left onto Wakiki then first right onto Edith Esplande
  • Human Modified: Yes
  • Latitude: 26.56
  • Longitude: -81.94
  • MLS Area Major: CC11 - Cape Coral Unit 1, 2, 4-6
  • Pets: No Approval Needed
  • Postal Code: 33904
  • Road Responsibility: Public Maintained Road
  • Street Name: Edith Esplanade
  • Street Number: 1649
  • Block: 75
  • Full Address: 1649 Edith Esplanade
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Association Fee Total Frequency: Annually
  • Association Fee 2: $.00
  • Tax Annual Amount: $9,196.08
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: CAPE CORAL
  • Parcel Number: 17-45-24-C1-00075.0360
  • Property Type: Residential Income
  • Section: 17
  • Lot Unit: 36
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Rectangular Lot, Dead End
  • Acres: 0.232
  • Lot Size Area: 0.232
  • Lot Size Dimensions: 81 x 127 x 81 x 126
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: CAPE CORAL UNIT 6 PART 3 BLK.75 PB 11 PG 71 LOTS 36 + 37
Property and Assessments
  • Total Area: 1600.0
  • Possession: Close Of Escrow, Subject To Tenant Rights
  • Property Condition: Resale
  • Property Sub Type: Duplex
  • Township: 45
  • Range: 24E
  • Special Assessment: 0.00
  • Sub Condo Name: CAPE CORAL
  • Year Built Numeric: 1961
  • Property Sub Type Additional: Duplex
  • Zoning Code: R3-W
Lease Information
  • Land Lease Fee: $.00
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Central
  • Utilities: Cable Available
  • Water Source: Public
  • Water: Central
Multi Family
Multi-Family Information
  • Gross Rental Income: $22,252.00
  • Annual Net Operating Income: $.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 2
  • Annual Expenses: $24,869.00
  • Other Fee: $.00
  • Units in Building: 2
Unit 1 Information
  • Monthly Gross Income: $1,300.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Description: Laundry in Residence,Open Lanai/Porch,Screened Lanai/Porch,Cable Available,Ceiling Fan(s),Dryer,Range,Smoke Detector,Washer,Window Covering
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 1300
  • Unit Type Type: Two Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 800.0
Unit 2 Information
  • Monthly Gross Income: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Description: Great Room,Laundry in Residence,Open Lanai/Porch,Screened Lanai/Porch,Cable Available,Ceiling Fan(s),Dryer,Microwave,Range,Refrigerator,Smoke Detector,Washer,Window Covering
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 0
  • Unit Type Type: Two Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 800.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Duplex
  • Association Amenities: None
  • Canal Width: Canal Width 81-120
  • Community Features: Boat Facilities, Non Gated
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: Fruit Trees, Patio
  • Exterior Features: Fruit Trees, Patio
  • Irrigation Source: None
  • Patio And Porch Features: Patio
  • Private Pool: No
  • Roof: Shingle
  • Structure Type: Duplex
  • Gulf Access Type: No Bridges, Water Direct
  • Gulf Access: Yes
  • Spa: No
Interior Features
  • Baths Full: 4
  • Bathrooms Total Integer: 4.0
  • Beds Total: 4
  • Cooling: Central Air, Ceiling Fans, Electric
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Tile
  • Heating: Wall Furnace
  • Heating: Yes
  • Window Features: Jalousie
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 1649 Edith Esplanade

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1649 Edith Esplanade

Taxable ValueLand$642,052Additions$121,407Total$763,459
Tax Record2023$9,196 ($766 / month)
Home Facts
Total Finished SqFt800 SqFtAbove Grade Finished SqFt800 SqFtStories1Lot Size10,080 SqFtStyleDuplexYear Built1961Year Renovated1987ZoningR3-WCountyLEEAPN17-45-24-C1-00075.0360

Schools near 1649 Edith Esplanade

This home is within Lee.
Rating
School
Type
Grades
Distance
Pelican Elementary School
Public - PK to 5
Skyline Elementary School
Public - PK to 5
Gulf Elementary School
Public - PK to 5
Cape Elementary School
Public - PK to 5
Rating
School
Distance
Pelican Elementary School
PublicPK to 5

Skyline Elementary School
PublicPK to 5

Gulf Elementary School
PublicPK to 5

Cape Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1649 Edith Esplanade, Cape Coral, FL 33904

1649 Edith Esplanade is a multi-family home for sale in Cape Coral, FL 33904. This property was listed for sale on December 8, 2024 by Keller Williams Realty Fort Myers and the Islands, it's currently listed at $895,000. This listing's school district is Lee. Nearby schools include Pelican Elementary School, Skyline Elementary School and Gulf Elementary School. 1649 Edith Esplanade is a 4-bed, 4-bath, 1,600 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty Fort Myers and the Islands, Beth Tittsworth

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.