# 1649 Edith Esplanade, Cape Coral, FL 33904

> **TL;DR:** 4bd/4ba residential multi family, $735,000, built 1961.
> Waterfront, A/C. Est. $3,185/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $735,000 |
| Bedrooms | 4 |
| Bathrooms | 4 full |
| Year Built | 1961 |
| Lot Size | 10,106 sqft (0.23 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,185 |
| **Total** | **$3,185** |

## Key Amenities

- Waterfront
- A/C

## Property Highlights

- Built in 1961
- 0.23 acre lot
- Waterfront

## Description

### Agent Description
Priced below appraised value, 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 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.

## Location

- **Address:** 1649 Edith Esplanade, Cape Coral, FL 33904
- **County:** Lee
- **Neighborhood:** CAPE CORAL
- **Coordinates:** 26.559589, -81.939749
- **Google Maps:** https://www.google.com/maps?q=26.559589,-81.939749

## Listing Agent

- **Name:** Phil Derry
- **Brokerage:** RE/MAX Realty Team
- **Phone:** 2392097777
- **Email:** derryrealestate@gmail.com

## Primary Photo

![1649 Edith Esplanade - Primary Photo](http://lh.rdcpix.com/9588039097a4b17eea3c41ce7add8ab5l-f646348363r.jpg)

*26 total photos available on [listing page](https://www.propertysimple.com/listing/1649-edith-esplanade-cape-coral-fl-33904-26017519)*

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**MLS#:** 2026017519 | **Updated:** 2026-04-27
**Source:** listhub

*Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1649-edith-esplanade-cape-coral-fl-33904-26017519)

---

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