1649 Edith Esplanade , CAPE CORAL, FL 33904
CAPE CORAL, FL 33904
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.
Details
| MLS# | 224098456 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 45 |
| Listing Provided By | Keller Williams Realty Fort Myers and the Islands | Beth Tittsworth |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| Units | 2 |
| Zoning | R3-W |
| Acreage | 0.23 |
| Water Front | Yes |
Market Activity 33904
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Learn More About This Property
| State | FL |
|---|---|
| County | Lee |
| City | CAPE CORAL |
| Zip Code | 33904 |
| Area | CAPE CORAL |
| Community Name | CAPE CORAL |
| Listing VS Median (in CAPE CORAL) | |
Price: $895,000 low | high Med: $415,000 On Site: 45 low | high Med: 6.000000 | |