16632 Captiva Drive

Captiva, FL 33924

3,681 sq ft | 5 beds | 4 baths
$5,950,000
For Sale
Listed: January 17, 2026
MLS#: 2026002529

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!

Key Details

Price
5,950,000
Bedrooms
5
Bathrooms
4
Living Area
3,681 SqFt
Year Built
1969
Lot Size
1.062 Acres
Property Type
Residential
Property Subtype
SingleFamilyResidence
County
Lee
Subdivision
METES AND BOUNDS
Pool
Yes (InGround)
Cooling
Yes (CentralAir,Electric)
Heating
Yes (Central,Electric)
Flooring
Carpet,Tile
Roof
Tile
Taxes (Annual)
$82,611.64 (Year: 2024)

Location

Community

No community information available for METES AND BOUNDS.

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Listing courtesy of: Sue Plein, Kingfisher Real Estate, Inc.
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