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
193
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

Property 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!

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

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Calculator source: Real Geeks

Listing courtesy of Kingfisher Real Estate, Inc..