1649 Edith Esplanade Active

Cape Coral,FL 33904

$ 895000

4 Beds

4 Baths

1600 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $559

Subdivision Cape Coral

MLS Listing ID 224098456

Style Duplex

Bedrooms 4

Full Baths 4

Construction Status Resale

HOA Y/N No

Year Built 1961

Annual Tax Amount $9,196

Tax Year 2023

Lot Size 10,105 Sqft

Acres 0.232

Lot Dimensions Appraiser

Property 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. 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.

Location

State FL

County Lee

Community Cape Coral

Area Cc11 - Cape Coral Unit 1, 2, 4-6

Rooms

Bedroom Description NaN

Interior

Heating Wall Furnace

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Tile

Fireplace No

Window Features Jalousie

Exterior

Exterior Feature Fruit Trees, Patio

Community Features Boat Facilities, Non- Gated

Utilities Available Cable Available

Amenities Available None

Waterfront Description Basin, Navigable Water, Seawall

Water Access Desc Public

Roof Type Shingle

Porch Patio

Garage No

Private Pool No

Building

Lot Description Rectangular Lot, Dead End

Dwelling Type Duplex

Sewer Public Sewer

Water Public

Architectural Style Duplex

Structure Type Block,Concrete,Stucco

Construction Status Resale

Others

Pets Allowed Yes

Senior Community No

Tax ID 17-45-24-C1-00075.0360

Acceptable Financing All Financing Considered,Cash

Listing Terms All Financing Considered,Cash

Pets Allowed Yes

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