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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
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: $62,320.66
Tax Year: 2024
Garage:
1
Furnishings: Unfurnished
Pets Allowed: Yes
Interior Features:
Fire Sprinkler
Volume Ceiling
Amenities:
Beach - Private
Financial Information:
Taxes: $62,320.66
Tax Year: 2024
Exterior Features:
Screened Lanai/Porch
Equipment:
Cooktop - Electric
Microwave
Refrigerator
Washer
View:
Gulf
Waterfront Description:
Gulf Frontage
Additional Information:
Building Design: Single Family
Community Type: Boating, Non-Gated
MLS Area: Ci01 - Captiva Island
Price per Square Feet: $1,616.41
Total Floors: 2
Water: Central
Construction: Stucco
Foreclosure: No
Short Sale: No
Date Listed: 2026-01-17 00:00:00
Pool: Yes
Pool Type: Below Ground
Pool Description: Below Ground
Private Spa: No
Furnished: Unfurnished
Parking: Detached
Garage Spaces: 1
Flooring: Carpet, Tile
Roof: Tile
Heating: Central Electric
Cooling: Central Electric
Fireplace: No
Storm Protection: Other
Security: Fire Sprinkler System
Laundry: In Garage
Irrigation: Central
55+ Community: No
Pets: Yes
Restrictions: None/Other
Maintenance: None
Rear Exposure: W
Sewer: Septic Tank
Lot Desc.: Regular
Amenities: Beach - Private
Map of 16632 Captiva Dr, Captiva, FL 33924
Listing Courtesy Of: Kingfisher Real Estate, Inc.
sueplein@gmail.com