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16632 Captiva DR
1/38
Price cutPoolWaterfront

Single Family Residence · For sale

$5,699,000↓ $251,000

5bd·4ba·3,681sq ft

16632 Captiva DR, CAPTIVA, FL 33924

Single Family ResidenceProperty type
$1,548Price per sq ft
1 spaceGarage
1969Year built

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About this home

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

Property type
Single Family Residence
Year built
1969
Lot size
1.06 acres
Garage
1 space
Stories
2
Pool
Yes
Waterfront
Yes
Furnished
Unfurnished
Community
METES AND BOUNDS
County
Lee

Location