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16632 Captiva DriveCaptiva, FL 33924

METES AND BOUNDS · Lee County

$5,699,000List price
5Beds
4Baths
4,853Sq Ft
1969Year built
1.06Acre lot
1Garage
2Stories
8 months agoOn market

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
251
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

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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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Connect with a Local Real Estate Expert

  • Ken Doran

    Broker of Record

    EXIT Gulf Coast Realty

  • Pat Wisch

    Sales Representative

    EXIT Gulf Coast Realty

  • Thomas Derrow

    Sales Representative

    EXIT Gulf Coast Realty