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bedrooms
bedrooms
4
bathrooms
bathrooms
4
square feet
square feet
0
acreage
Acreage
0.232
open houses
Open Houses
-
year built
year built
1961
full baths
Full Baths
4
half baths
Half Baths
0
"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
Subdivision Cape Coral
County Lee
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 224098456
Listing agent: Beth Tittsworth #258025163
Copyright © 2025 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.   [source]
Last update: Wednesday, January 15 2025 at 3:01 a.m. EST
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