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
Listing Price
$5,699,000
Price Change
▲ $30,000 1777433839
Days on Market
285
MLS#
2026002529
Bedrooms
5
Bathrooms
4
Living Sq. Ft
3,681
Property Class
Single Family Residential
Building Design
Single Family
Status Type
Tear Down / Value in Land
Status
ACTIVE
County
Lee
Region
CI01 - Captiva Island
Neighborhood
Metes And Bounds
Subdivision
Metes And Bounds

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

Tax Amount
$62,320
Year Built
1969
Garage Spaces
1
furnished
Unfurnished
Pets
Yes
Amenities
Beach Rights
Community Type
Boat Facilities, Non-Gated
View
Gulf
Waterfront Description
Gulf
Pool
Yes
Building Description
Florida
Lot Size
1.062
Construction
Other, Stucco
Rear Exposure
W
Roof
Tile
Flooring
Carpet, Tile
Exterior Features
Other
Water
Public
Sewer
Septic Tank
Cooling
Central Air, Electric
Interior Features
Bathtub, Separate/Formal Dining Room, High Ceilings, Separate Shower, Split Bedrooms
Waterfront
Yes
Unit Floor
1
Furnished Description
Unfurnished

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Courtesy of Kingfisher Real Estate, Inc.

The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida MLS Listing Service. Properties listed with brokerage firms other than our company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2026 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this limited electronic display may no longer be available. Data last updated .