Address
16632 Captiva Drive, Captiva, FL
Price
$ 5,699,000
Property Attributes
  • MLS#2026002529
  • TypeSingle Family
  • Listing Status Active
  • CountyLee
  • CityCaptiva
  • AreaCI01 - Captiva Island
  • NeighborhoodMETES AND BOUNDS
  • Zip33924
  • StyleFlorida
  • Year Built1969
  • Taxes$ 62320
  • Price$ 5,699,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3681
  • Lot Size1.062 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description

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!

Price History
2/20/2026 Listed $5,950,000
4/28/2026 5$5,669,000
4/28/2026 1$5,699,000

General Features

Sewer Septic Tank
Heating Central,Electric
Cooling Central Air,Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Tile
Appliances Electric Cooktop,Microwave,Refrigerator,Washer
Garage Spaces 1
Association Fee Includes None
Patio/Porch Features Lanai,Porch,Screened
Architectural Style Florida
Pool Features In Ground
Security Features Fire Sprinkler System
Construction Materials Other,Stucco
Pets Allowed Yes
Year Built 1969
View Gulf
Property Subtype Single Family Residence
Tax Year 2024
Ownership Single Family
Waterfront Features Gulf
Community Features Boat Facilities,Non-Gated
County Lee
Property Type Residential
Association Amenities Beach Rights
HOA false
Attached Garage false
Subdivision Name METES AND BOUNDS
Facing Direction East
Garage Y/N true
Other Structures Gazebo
Full Baths 4
Status Active
City Captiva
Disclosures Owner Has Flood Insurance
Senior Community Y/N false
Zoning Description RSC-2
MLS Area CI01 - Captiva Island
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 62320.66
Property Condition Tear Down / Value in Land
Virtual Tour https://youtu.be/dZc4R8ul9D4
Standard Status Active
Tax Lot 3
Property Sub Type Additional Single Family Residence
PostalCity Captiva
Legal Description BEG 1600 FT S OF NE COR GOVT LOT 3 W TO WLY SI CO RD NOW EXISTING SLY ALG

Interior Features

Interior Amenities Bathtub,Separate/Formal Dining Room,High Ceilings,Separate Shower,Split Bedrooms
Flooring Carpet,Tile
Furnished Y/N Unfurnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Window Features Single Hung,Sliding
Laundry Features In Garage
Total Bedrooms 5
Entry Level 1
Room Type Screened Porch
LivingAreaSource Appraiser
Total Baths 4

Exterior Features

Gulf Access false
Exterior Amenities Other
Parking Features Detached,Garage
Lot Features Rectangular Lot
Water Source Public
Lot Size Area 1.062
Spa false
Building Area Total 4853
Lot Dimensions 97 x 481 x 98 x 484
Lot Size Acres 1.062
Private Pool true
Lot Size Source Appraiser
Waterfront Y/N true
Covered Spaces 1
LotDimensionsSource Appraiser

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33924

Price
AVG $3.54M
$5.7M
Taxes
AVG $27,717
$62,320
Year Built
AVG 1991
1969

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