16632 Captiva Drive, 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 1777433839
Days on Market
192
MLS#
2026002529
Bedrooms
5
Bathrooms
4
Living Sq. Ft
3,681
Property Class
Single Family Residential
Building Design
Single Family
Status Type
Tear Down / Value in Land
Status
ACTIVE
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
Yes
Amenities
Beach Rights
Community Type
Boat Facilities, Non-Gated
View
Gulf
Waterfront Description
Gulf
Pool
Yes
Building Description
Florida
Lot Size
1.062
Construction
Other, Stucco
Rear Exposure
W
Roof
Tile
Flooring
Carpet, Tile
Exterior Features
Other
Water
Public
Sewer
Septic Tank
Cooling
Central Air, Electric
Interior Features
Bathtub, Separate/Formal Dining Room, High Ceilings, Separate Shower, Split Bedrooms
Waterfront
Yes
Unit Floor
1
Furnished Description
Unfurnished

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Courtesy of Kingfisher Real Estate, Inc.

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