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16632 Captiva Dr, Captiva, FL, 33924

5beds
4baths
3,681sqft
$5,699,000
$1,548price/sqft
$36,801/moest. monthly cost
$1,472,040/yrincome needed

About This Home

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!

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

9/10
The Sanibel SchoolGrades PK-85.5 mi
5/10
Cypress Lake High SchoolGrades 9-1217.9 mi
2/10

Construction

Condition

  • Year built: 1969

Materials

  • Roof: Tile
  • Construction materials: Frame,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Refrigerator
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Vaulted Ceiling(s)
  • Door features: Sliding Doors
  • Window features: Single Hung
  • Flooring: Carpet,Tile
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,853
  • Total interior livable area: 3,681 sqft

Master Bedroom

  • Features: Walk-In Closet(s)
  • Level: Second

Property

Details

  • Parcel number: 03462100000150000

Features

  • Private pool: Yes
  • Pool features: In Ground,Fenced,Gunite,Private
  • Patio & porch: Screened
  • Exterior features: Dock
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Gulf,See Remarks

Lot

  • Lot size: 1.06 Acres
  • Features: Bulkhead/Seawall,Estate Zoned,Other,Irregular Lot

Parking

  • Parking features: Separate Garage
  • Has garage: Yes