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16632 Captiva Dr, Captiva, FL 33924

$5,699,000
: 5
BD
: 4
BA
: 3,681
SqFt

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List Price: $5,699,000
Listing Price: $5,699,000
Price Change: ▲ $30,000 1777435058
Days on Market: 282
MLS#: 2026002529
Bedrooms: 5
Bathrooms: 4
Living Sq. Ft: 3,681
Total Area: 4,853
Property Class: Single Family Residential
Building Design: Florida
County: Lee
Region: CI01 - Captiva Island
Development: Metes And Bounds
Subdivision: Metes And Bounds

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Property Description

Positioned and priced primarily for its underlying land value, the gulf front property presents a compelling opportunity for builders, developers, and discerning buyers seeking to create a custom Gulf front residence, multigenerational compound, or thoughtfully designed redevelopment project. Existing improvements include a three bedroom, three bath main residence, separate two bedroom guest home, private pool, detached garage, beachside cabana, and screened gazebo, providing additional flexibility for restoration or future development. A rare opportunity to create an extraordinary gulf front legacy estate on Captiva Island. Offering approximately 100 feet of direct Gulf frontage, this exceptional estate parcel combines coveted beachfront acreage with established multifamily zoning and estate entitlement, a distinctive combination increasingly difficult to replicate under today's coastal development regulations. The property's established zoning distinguish it from conventional beachfront offerings, presenting possibilities for an exceptional coastal vision while complementing the low density character of prestigious Captiva Drive. Adding further value is a grandfathered shared bayside bulkhead providing access to Captiva's boating waters. Opportunities combining substantial Gulf frontage, beachfront acreage, and distinctive development entitlements are exceedingly limited. Surrounded by some of Captiva's most notable estates, this extraordinary property offers a rare canvas to restore, reimagine, or create a lasting Gulf front legacy.

(239) 908-1310

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Additional Information

Year Built: 1969
Garage Spaces: 1
furnished: Unfurnished
Pets: No Approval Needed
Amenities: Beach - Private, Boating, Non-Gated
View: Gulf
Boat Access: None
Waterfront Description: Gulf Frontage
Pool: Yes
Pool Description: In Ground
Lot Description: Regular
Lot Frontage: 97
Construction: Stucco
Parking: Detached
Roof: Tile
Flooring: Carpet, Tile
Windows: Single Hung, Sliding
Water: Central
Sewer: Septic Tank
Cooling: Central Electric
Irrigation: Central
Interior Features: Split Bedrooms, Volume Ceiling
Equipment/Appliances Included: Electric Cooktop, Microwave, Refrigerator, Washer
Dining Description: Formal
Master Bath Description: Separate Tub And Shower
Total Tax Bill: $62,320
Tax Year: 2024
Total Floors: 2
Min. Days Of Lease: 7
Num of Leases/Yr: 52