Florida, Single Family
16632 Captiva DR
CAPTIVA, FL 33924
MLS#: 2026002529
$5,699,000
Property
Beds
5
Full Baths
4
1/2 Baths
None
Year Built
1969
Sq.Footage
3,681
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.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
4
-
Cooling YN
YES
-
Cooling
N/A
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
Yes
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Stucco
-
Parking
Detached
-
Patio and Porch Features
Screened
-
Pool
Yes
-
Pool Features
Private
-
Waterfront YN
YES
-
View
Water
Area & Lot
-
Lot Features
Waterfront
-
Lot Size(acres)
1.062
-
Lot Size(square feet)
46,261
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Florida, Single Family
Price
-
Sales Price
$5,699,000
-
Tax Amount
$62,320.66
-
Sq. Footage
3,681
-
Price/SqFt
$1,548
HOA
-
Association
No
Property Resources
-
Horse Property
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
New Construction
NO
-
Ownership
Single Family
-
Senior Community YN
NO
-
Sewer
Septic Tank
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Location
County
Lee
Elementary School
Middle School
High School
Listing Courtesy of Sue Plein, Kingfisher Real Estate, Inc.
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