16632 Captiva DR, Captiva, FL 33924

$5,699,000
5
BD
4
BA
3,681
SqFt

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List Price
$5,699,000
Status
ACTIVE
Days on Market
290
Price Change
▲ $30,000 1777434579
MLS#
2026002529
Subtype
Residential
Style
Florida, Single Family
Year Built
1969
Bedrooms
5
Bathrooms
4
Full Baths
4
Living Area
3,681
Lot Size
46,261
Acres
1.06
Subdivision
Metes And Bounds
Neighborhood
Metes And Bounds
MLS Area Major
CI01 - Captiva Island

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

Amenities
Beach - Private
Interior Features
Fire Sprinkler, Volume Ceiling
Exterior Features
Screened Lanai/Porch
Taxes
$62,320
Property Description
Florida, Single Family
Zoning
RSC-2
Flooring
Carpet, Tile
Appliances
Electric Cooktop, Microwave, Refrigerator, Washer
Heating
Central Electric
Air Conditioning
Central Electric
Stories
2
Levels
2
Roof
Tile
Pool
Yes
Parking Features
Detached
Garage Spaces
1
View
Gulf

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