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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.
Property Details
Price: $5,699,000
Sq Ft: 3,681
($1,548 per
sqft)
Bedrooms: 5
Bathrooms: 4
Unit On Floor: 1
City: Captiva
County: Lee
Type: Single Family
Development: Metes And Bounds
Acres: 1.0620
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:
Electric Cooktop
Microwave
Refrigerator
Washer
View:
Y
Waterfront Description:
Gulf Frontage
Additional Information:
Building Description: Florida, Single Family
Community Type: Boating, Non-Gated
MLS Area: Metes And Bounds
Total Square Footage: 4,853
Total Floors: 2
Water: Central
Construction: Stucco
Date Listed: 2026-01-17 00:00:00
Pool: Y
Pool Description: Below Ground
Furnished: Unfurnished
Parking: Detached
Garage Spaces: 1
Flooring: Carpet, Tile
Roof: Tile
Heating: Central Electric
Cooling: Central Electric
Storm Protection: Other
Security: Fire Sprinkler System
Laundry: In Garage
Irrigation: Central
Pets: Yes
Restrictions: None/Other
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