16632 Captiva DR, Captiva, FL 33924
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16632 Captiva DR, Captiva, FL 33924
16632 Captiva DR, Captiva, FL 33924
16632 Captiva DR, Captiva, FL 33924
16632 Captiva DR, Captiva, FL 33924
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$ 5,699,000
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16632 Captiva DR Captiva, FL 33924

5 Beds

4 Baths

3,681 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,681 sqft

Price per Sqft $1,548

Subdivision Metes And Bounds

MLS Listing ID 2026002529

Style Florida

Bedrooms 5

Full Baths 4

Construction Status Tear Down / Value in Land

HOA Y/N No

Year Built 1969

Annual Tax Amount $62,320

Tax Year 2024

Lot Size 1.062 Acres

Acres 1.062

Lot Dimensions Appraiser

Property Sub-Type Single Family Residence

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.

Location

State FL

County Lee

Community Metes And Bounds

Area Ci01 - Captiva Island

Direction East

Rooms

Bedroom Description 5 Bed

Interior

Interior Features Bathtub, Separate/ Formal Dining Room, High Ceilings, Separate Shower, Split Bedrooms

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Tile

Furnishings Unfurnished

Fireplace No

Window Features Single Hung,Sliding

Appliance Electric Cooktop, Microwave, Refrigerator, Washer

Laundry In Garage

Exterior

Exterior Feature Other

Parking Features Detached, Garage

Garage Spaces 1.0

Garage Description 1.0

Pool In Ground

Community Features Boat Facilities, Non- Gated

Utilities Available Cable Available

Amenities Available Beach Rights

Waterfront Description Gulf

View Y/N Yes

Water Access Desc Public

View Gulf

Roof Type Tile

Porch Lanai, Porch, Screened

Garage Yes

Private Pool Yes

Building

Lot Description Rectangular Lot

Faces East

Story 2

Sewer Septic Tank

Water Public

Architectural Style Florida

Additional Building Gazebo

Unit Floor 1

Structure Type Other,Stucco

Construction Status Tear Down / Value in Land

Others

Pets Allowed Yes

HOA Fee Include None

Senior Community No

Tax ID 03-46-21-00-00015.0000

Ownership Single Family

Security Features Fire Sprinkler System

Acceptable Financing All Financing Considered, Cash

Disclosures Owner Has Flood Insurance

Listing Terms All Financing Considered, Cash

Pets Allowed Yes

Virtual Tour https://youtu.be/dZc4R8ul9D4


Listed by Kingfisher Real Estate, Inc. • Sue Plein

Nearby Locations

Peter DeRobertis

Peter DeRobertis

Agent

+1(551) 265-2888

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16632 Captiva DR