About This Home
This 5-bedroom, 4-bathroom single family at 16632 Captiva Drive in Captiva, FL is listed for $5,699,000 ($1,548 per sqft). Built in 1969, the home offers 3,681 sqft of living space on a 1.06 acres lot.
Key Features
- Built in 1969
- 1.06 acre lot
- 2 stories
- Private pool
- Waterfront
Property Details
Amenities
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!
Monthly Cost Estimate
$30,479/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
16632 Captiva Drive
Captiva, FL 33924
METES AND BOUNDS
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Pool Features
Outdoor Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 4-bathroom single family at 16632 Captiva Drive is listed at $5,699,000 ($1,548/sqft). The estimated monthly payment is $30,479 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1969, 1.06 acre lot, 2 stories, Private pool, Waterfront. Interior Features: Bathtub, SeparateFormalDiningRoom, HighCeilings.
This property is listed by Sue Plein and can be reached at 2395608265.
