For Sale House MLS# 2026002529

16632 Captiva DR

CAPTIVA, FL 33924

$5,699,000

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About 16632 Captiva DR

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

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
1969
Stories
2
Living area
3,681 sqft
Price / sqft
$1,548
Lot
1.062
Full baths
4
Furnished
Unfurnished
Original price
$5,950,000
MLS #
2026002529

Interior

Features
true, Central Electric, Formal, Fire Sprinkler, Volume Ceiling, In Garage, Carpet, Tile, Electric Cooktop, Microwave, Refrigerator, Washer
Appliances
Electric Cooktop, Microwave, Refrigerator, Washer
Flooring
Carpet, Tile
Heating
true, Central Electric
Cooling
true, Central Electric
Laundry
In Garage

Exterior & lot

Features
Below Ground, Florida, Single Family, Screened Lanai/Porch, Gazebo, Detached, Parking spaces: 1
Construction
Stucco, 2, Tile
Roof
Tile
Lot
Gulf, View, RSC-2, BEG 1600 FT S OF NE COR GOVT LOT 3 W TO WLY SI CO RD NOW EXISTING SLY ALG, 03-46-21-00-00015.0000, None/Other
View
Gulf
Pool
Below Ground
Waterfront
Gulf Frontage
Parking
Detached
Garage spaces
1

Schools

District
Lee County School District

Utilities

Utilities
Septic Tank, Central
Water
Central
Sewer
Septic Tank
Security
Fire Sprinkler System

Financial

Financial
Florida Gulf Coast
Annual tax
$62,321
Tax year
2024
Parcel
03-46-21-00-00015.0000
Legal
BEG 1600 FT S OF NE COR GOVT LOT 3 W TO WLY SI CO RD NOW EXISTING SLY ALG

Location

Subdivision
METES AND BOUNDS
Area
METES AND BOUNDS
County
Lee
Community
Lee, Beach - Private, 0.0, Florida Gulf Coast

Location

Neighborhood
METES AND BOUNDS
School district
Lee County School District

Ask about this property

Questions on 16632 Captiva DR, CAPTIVA, FL 33924, or want to see it in person?

Listed by Sue Plein, Kingfisher Real Estate, Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.