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
MLS#
2026002529
Price Change
▲ $30,000 1777433839
Bedrooms
5
Bathrooms
4
Living Area
3,681
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

Taxes
$62,320
Building Design
Single Family
Year Built
1969
Community Type
Boat Facilities, Non-Gated
Construction
Other, Stucco
Living Area
3,681
Acres
1.06
Interior Features
Bathtub, Separate/Formal Dining Room, High Ceilings, Separate Shower, Split Bedrooms
Amenities
Beach Rights
Cooling
Central Air, Electric
Heating
Central, Electric
Flooring
Carpet, Tile
Garage Spaces
1
Exterior Features
Other
View
Gulf
Waterfront
Yes
Waterfront Description
Gulf
Water
Public
Sewer
Septic Tank
Pool Description
In Ground
Pets
Yes

Listing courtesy of Kingfisher Real Estate, Inc..

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