16632 Captiva Dr, Captiva, FL, 33924
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
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Lee County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $28,817 | $345,804 |
| Home Insurance * | $720 | $8,640 |
| Property Taxes | $6,894 | $82,728 |
| Electricity | $370 | $4,445 |
| Total | $36,801 | $441,612 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-28 | Price change | $5,699,000 |
| 2026-04-28 | Price change | $5,669,000 |
| 2025-07-10 | Price change | $5,950,000 |
| 2025-04-15 | Listed for sale | $6,250,000 |
| 2025-02-16 | Pending sale | $6,250,000 |
| 2025-01-08 | Listed for sale | $6,250,000 |
| 2024-12-03 | Listing removed | $6,250,000 |
| 2024-11-06 | Price change | $6,250,000 |
| 2024-10-24 | Price change | $6,900,000 |
| 2024-03-20 | Price change | $7,500,000 |
| 2023-11-02 | Price change | $7,950,000 |
| 2023-06-12 | Listed for sale | $8,750,000 |
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