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16777 Captiva Dr, Captiva, FL, 33924

6beds
7baths
5,346sqft
$9,450,000
$1,768price/sqft
$60,097/moest. monthly cost
$2,403,880/yrincome needed

About This Home

A one of a kind offering with 150ft of water frontage laden with rich national history. President Theodore Roosevelt began frequenting Captiva in 1908. In 1917 he staged his houseboat at this very location for his legendary Devil Fish expedition of which he hunted and gathered for the Smithsonian. In the 1930s this property served as one of only two locations to deliver goods to Captiva mainly of which was building materials, delivered by barge. The oversized grandfathered dock was built in 1939 by the WPA which was founded by Franklin Roosevelt. The romantic boathouse, which is cantilevered over the water and is also grandfathered in, was constructed in 1953 by Harold Bixby. Bixby was one of Charles Lindbergh's primary backers in 1927 when Lindbergh accomplished his transatlantic flight in The Spirit of St Louis. The boathouse with two bedrooms and caretaker cottage with one bedroom stand today in superb condition with a recently installed composite roof with a 100 year life expectancy. As you approach the main house, you are greeted with the charm of olde world Southern architecture. Inside you will find soaring ceilings of cypress, and beautiful views of Roosevelt Channel along with three spacious bedrooms, a library and an office. Resting on over 1.3 acres with deeded beach access.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

9/10
The Sanibel SchoolGrades PK-85.2 mi
5/10
Cypress Lake High SchoolGrades 9-1217.8 mi
2/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1988

Materials

  • Foundation: Raised,Partially Elevated,Piling Wood,Slab
  • Roof: Composition,Fiberglass,Flat,Pitched
  • Construction materials: Const. Complete,Frame,Stucco,Aluminum Siding,Trim Wood,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Old Florida
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Additional Refrigerator,Cooktop,Dishwasher,Disposal,Dryer,Microwave,Electric Range,Refrigerator-Ice maker,Washer/Dryer Stacked,Washer,Water Heater 2+
  • Laundry features: Laundry Room,Sink

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 7
  • Full bathrooms: 6
  • 1/2 bathrooms: 1

Features

  • Storage,High Ceilings,8 Ft Ceilings,Cathedral Ceiling(s),Vaulted Ceiling(s),Split Bedrooms
  • Door features: French Doors,Sliding Doors
  • Window features: Sliding
  • Flooring: Carpet,Tile,Wood
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s),Central Air,Zoned 3+ Cooling

Interior Area

  • Total structure area: 6,030
  • Total interior livable area: 5,346 sqft

Master Bathroom

  • Features: Double Vanity,Sep. Shower,Sep. Tub

Master Bedroom

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

Property

Details

  • Parcel number: 02462100000100000

Features

  • Private pool: Yes
  • Pool features: In Ground,Diamond Brite,Electric Heat,Equipment Stays,Private
  • Patio & porch: Open Porch,Patio,Porch
  • Exterior features: Boat Lift,Dock,Electric at Dock,Water at Dock
  • Has view: Yes
  • View description: Bay
  • Has water view: Yes
  • Water view: Bay
  • On waterfront: Yes
  • Waterfront features: Bayfront,Gulf Access

Lot

  • Lot size: 1.32 Acres
  • Features: Bulkhead/Seawall,Irregular Lot

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Covered,Double Garage,Under Bldg
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    Coastal FloodingVery High
  • Hurricane
    HurricaneVery High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Tsunami

FEMA Declared Disasters in Lee County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

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

MonthlyAnnual
Mortgage $47,784$573,408
Home Insurance *$1,194$14,328
Property Taxes $10,581$126,972
Electricity $538$6,456
Total$60,097$721,164
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,060,468/yr
40% on housing$1,802,910/yr
45% on housing$1,602,586/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

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.

Insurance Growth Rate5-year average: 15.2%
15.2%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,768This listing

vs Other Active Listings

Avg $/sqft

ZIP 33924$991
Lee County$283

vs Homes Sold Last Month

Median $/sqft

ZIP 33924$647
Lee County$222

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

DateEventPrice
2025-02-03Listed for sale$9,450,000
1997-07-24Sold$1,475,000

For Sale by Agent

AgentPhaidra A McDermott
BrokerageKingfisher Real Estate Inc.

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