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 1777434579
MLS#
2026002529
Status
ACTIVE
Bedrooms
5
Beds + Den
5 Bed
Bathrooms
4
Living Sq. Ft
3,681
Property Class
Single Family Residential
Building Design
Single Family Residence
Status Type
Land Value
County
Lee
Region
CI01 - Captiva Island
Development
Metes And Bounds
Subdivision
Metes And Bounds

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.

Additional Information

Year Built
1969
Garage Spaces
1
furnished
Unfurnished
Pets
Yes
Amenities
Beach - Private
Community Type
Boating, Non-Gated
View
Gulf
Boat Access
None
Waterfront Description
Gulf Frontage
Pool
Yes
Building Description
Florida
Acres
1.06
Restrictions
None/Other
Rear Exposure
W
Roof
Tile
Flooring
Carpet, Tile
Exterior Features
Screened Lanai/Porch
Water
Central
Sewer
Septic Tank
Cooling
Central Electric
Interior Features
Fire Sprinkler, Volume Ceiling
Equipment/Appliances Included
Cooktop - Electric, Microwave, Refrigerator, Washer
Rooms
Laundry in Garage, Screened Lanai/Porch
Tax Year
2024

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