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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!
Property Details
Price: $5,950,000
Sq Ft: 3,681
($1,616 per sqft)
Bedrooms: 5
Bathrooms: 4
Unit On Floor: 1
City: Captiva
County: Lee
Type: Single Family
Development: Metes And Bounds
Acres: 1.06
Virtual Tour/Floorplan:
View
Year Built: 1969
Listing Number: 2026002529
Status Code: A-Active
Taxes: $82,611.64
Tax Year: 2024
Garage:
2.00
Furnishings: Unfurnished
Pets Allowed: Yes
Interior Features:
Bathtub
Separate Formal Dining Room
High Ceilings
Separate Shower
Split Bedrooms
Amenities:
Beach Rights
Financial Information:
Taxes: $82,611.64
Tax Year: 2024
Exterior Features:
Other
Equipment:
Electric Cooktop
Microwave
Refrigerator
Washer
View:
Y
Waterfront Description:
Gulf
Additional Information:
Building Description: Florida
MLS Area: Ci01 - Captiva Island
Total Square Footage: 4,853
Total Floors: 2
Water: Public
Construction: Other, Stucco
Date Listed: 2026-01-17 14:43:11
Pool: Y
Pool Description: In Ground
Furnished: Unfurnished
Windows: Single Hung, Sliding
Parking: Detached, Garage
Garage Spaces: 2
Flooring: Carpet, Tile
Roof: Tile
Heating: Central, Electric
Cooling: Central Air, Electric
Security: Fire Sprinkler System
Laundry: In Garage
Irrigation: Municipal
Pets: Yes
Sewer: Septic Tank
Lot Desc.: Rectangular Lot
Amenities: Beach Rights
Map of 16632 Captiva Dr, FL 33924
Listing Courtesy Of: Kingfisher Real Estate, Inc.
sueplein@gmail.com