Hello---the best thing to do after check-in would be to take a walk. Maybe walk east along Strada Nuova---a wide street in Cannareggio--- and then turn south toward the Rialto Bridge which should be quieter in early evening than at mid-day. Ascend the bridge and watch the boat traffic on the Grand Canal. You'll know you are really in Venice.
A good choice for dinner in Cannareggio, if you like casual places and seafood, is Paradiso Perduto. You can read reviews here:
http://www.tripadvisor.com/Restaurant_Review-g187870-d2102004-Reviews-Paradiso_Perduto-Venice_Veneto.html
Your question about a pass for the "water taxi" suggests you are not aware of the Venice transport system. Water taxis are small private boats, very expensive to ride. The public transport system boat is called the vaporetto. These are large, the equivalent of a bus on the land. This is what you will take to go to Murano and back. ( Unless you join one of the "free" tours offered by the glass companies, which often include transport to Murano in a small boat. This is NOT recommended as the pressure to buy glass after the tour is extreme. People have described the feeling of being held hostage until they gave in and purchased an expensive piece of glass. So resist the free tours and go on your own).
A single-ride ticket on the vaporetto costs 7€. You will need one for each direction, to and from Murano, so 14€ each. For very little more, you could get a 24-hour pass and use it to ride down the Grand Canal after dark that evening to see the palazzi all lit up. Then you could walk over the Accademia bridge to Dorsoduro for dinner, and take a vaporetto back to the stop nearest your hotel. And you could ride the vaporetto again the following morning, before your departure, if you like. Maybe go to Piazza San Marco early ( around 8:00) to see it before it is crowded with people, and visit the basilica if you haven't already done so.
Last tip: You could time your departure from Murano back to Venice for sunset---really lovely and romantic, especially if you board first and sit outside.