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
Status
ACTIVE
Days on Market
192
Price Change
▲ $30,000 1777433839
MLS#
2026002529
Subtype
Residential
Style
Florida
Architectural Style
Florida
Year Built
1969
Bedrooms
5
Bathrooms
4
Full Baths
4
Living Area
3,681
Acres
1.06
Subdivision
Metes And Bounds
Neighborhood
Metes And Bounds
MLS Area Major
CI01 - Captiva Island

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

Amenities
Beach Rights
Interior Features
Bathtub, Separate/Formal Dining Room, High Ceilings, Separate Shower, Split Bedrooms
Exterior Features
Other
Taxes
$62,320
Property Description
Florida
Zoning
RSC-2
Flooring
Carpet, Tile
Appliances
Electric Cooktop, Microwave, Refrigerator, Washer
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Exterior Construction
Other, Stucco
Roof
Tile
Pool
Yes
Pool Type
In Ground
Parking Features
Detached, Garage
Garage Spaces
1
View
Gulf

Courtesy of Kingfisher Real Estate, Inc.

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