16632 Captiva DriveCaptiva, FL 33924
METES AND BOUNDS · Lee County
Description
A rare Gulf-front estate opportunity on Captiva Island featuring approximately 100 feet of direct beachfront and estate owned multifamily entitlement, a combination virtually impossible to replicate under current zoning and coastal regulations. The property includes a 3 bedrooms, 3 baths main home with a 2 bedroom guest home, private pool, detached garage and beachside cabana and screened gazebo. The estate zoning with multifamily use sets this property apart for a custom legacy residence, multigenerational compound, or future redevelopment, while preserving the low density character of this stretch of Captiva Drive. Opportunities of this scale, frontage, and zoning are exceedingly limited and rarely come to market. A grandfathered shared bulkhead adds lasting value and provides direct bay access. Positioned among Captiva’s most notable properties, this estate parcel delivers exceptional value to renovate or explore redevelopment opportunities!
Property Information
- Property type
- Residential
- Sub-type
- Single Family Residence
- Style
- Florida
- Year built
- 1969
- Stories
- 2
- Living area
- 3,681 Sq Ft
- Lot size
- 1.06 acres
- Lot dimensions
- 97 x 481 x 98 x 484
- Garage spaces
- 1
- Ownership
- Single Family
- Days on market
- 247
- MLS® Listing#
- 2026002529
Property Features
- Interior
- High Ceilings
- Exterior
- Other
- Appliances
- Electric Cooktop · Microwave · Refrigerator · Washer
- Cooling
- Central Air · Electric
- Heating
- Central · Electric
- Flooring
- Carpet · Tile
- Pool
- In Ground · Private
- Parking
- Detached · Garage
- Laundry
- In Garage
- Patio
- Screened · Porch
- Lot features
- Rectangular Lot · Waterfront
- Construction
- Other · Stucco
- Roof
- Tile
- Security
- Fire Sprinkler System
- Other structures
- Gazebo
- Utilities
- Cable Available
- Sewer
- Septic Tank
- Water source
- Public
Financial Details
- HOA
- None
- Annual taxes
- $62,321Tax year 2024
- Parcel number
- 03-46-21-00-00015.0000
Listing Courtesy: Kingfisher Real Estate, Inc. - 2394724411
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Captiva Market Statistics
How this home compares to 83 active listings in Captiva, FL
| Captiva median | This listing | |
|---|---|---|
| Median listing price | $1,000,000+ | $5,699,000 |
| Median days on market | 200 | 247 |
| Median Sq Ft | 1,680 | 3,681 |
| Median price / Sq Ft | $918 | $1,548 |
Market statistics compiled from active EXIT Realty® and MLS listings in Captiva, FL.
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 15899 Captiva Drive, Captiva, FL | $5,250,000 | 4 | 3 | 2,897 |
| 4577 Waters Edge Lane, Sanibel, FL | $5,200,000 | 4 | 4 | 2,459 |
