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eXp Realty
16632 Captiva Drive, Captiva, FL 33924
- $5,699,000
- 5
- BD
- 4
- BA
- 3,681
- SqFt
- List Price
- $5,699,000
- Status
- ACTIVE
- Days on Market
- 293
- 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
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
- 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.