UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $459
Subdivision Cape Coral
MLS Listing ID 2026017519
Style Duplex
Bedrooms 4
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1961
Annual Tax Amount $9,128
Tax Year 2025
Lot Size 10,105 Sqft
Acres 0.232
Lot Dimensions Appraiser
Property Sub-Type Duplex
Property Description
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
State FL
County Lee
Community Cape Coral
Area Cc11 - Cape Coral Unit 1, 2, 4-6
Rooms
Bedroom Description NaN
Interior
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Tile
Furnishings Furnished
Fireplace No
Window Features Jalousie,Sliding
Exterior
Exterior Feature Sprinkler/ Irrigation, Patio, Room For Pool, Water Feature
Community Features Boat Facilities, Non- Gated
Utilities Available Cable Available, Underground Utilities
Amenities Available None
Waterfront Description Canal Access, Lake, Navigable Water, Seawall
Water Access Desc Assessment Paid,Public
Roof Type Shingle
Porch Patio
Garage No
Private Pool No
Building
Lot Description Rectangular Lot, Sprinklers Automatic
Dwelling Type Duplex
Sewer Assessment Paid, Public Sewer
Water Assessment Paid, 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
Disclosures Owner Has Flood Insurance
Listing Terms All Financing Considered, Cash
Pets Allowed Yes
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026017519
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EverySWFLHome Team
Broker / Team Leader | License ID: BK3449476
Broker / Team Leader License ID: BK3449476