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16632 Captiva Drive, Captiva, FL 33924

$5,699,000 · Active

MLS #2026002529

16632 Captiva Drive, Captiva, FL 33924
Price
$5,699,000
Status
Active
Bedrooms
5
Bathrooms
4
Living area
3,681 sq ft
Home type
SingleFamilyResidence
Year built
1969
Lot size
1.06 acres
Full bathrooms
4
Half bathrooms
0
Private pool
Yes
Waterfront
Yes
HOA
No
55+ community
No
County
Lee
Garage spaces
1
Annual property taxes
$62,320.66
Subdivision
METES AND BOUNDS
Style
Florida
Appliances & Equipment
ElectricCooktop · Microwave · Refrigerator · Washer
Bathrooms
4 total bathrooms · 4 full bathrooms
Bedrooms
5 total bedrooms
Building
Built in 1969 · Living area: 3681.0 · Building faces East · 2 stories · Entry level: 1 · Construction Materials: Stucco
Community
1 units in community · BoatFacilities · NonGated
Cooling
CentralAir · Electric
Exterior Features
Patio/Porch Features: Lanai, Porch, Screened
Floors
Carpet · Tile
Garage
1 spaces
Heating
Central · Electric
Home Owner's Association
Association Fee: $0 · Fee Includes: None · Amenities: BeachRights
Interior Features
Bathtub · SeparateFormalDiningRoom · HighCeilings · SeparateShower · SplitBedrooms
Laundry
InGarage
Lot
1.062 acres · Dimensions: 97 x 481 x 98 x 484 · RectangularLot
Parking
1 covered spaces · Detached · Garage
Pets Policy
Allowed: Yes
Pool
InGround
Property
TearDownValueInLand · Other structures: Gazebo · Gulf
Roof
Tile
Sewer
SepticTank
Utilities
CableAvailable · Water Source: Public
Water Features
Gulf
Windows
SingleHung · Sliding

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About this home

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!

Courtesy of Sue Plein, Kingfisher Real Estate, Inc..

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Contact LPT Realty at (877) 366-2213 to ask about this home.