11525 Laika Lane

Captiva, FL 33924

Property Description

Introducing Starfish East & West - Hitting the market for the first time since it was built generations ago, the family who built these cottages are ready for another lucky island family to enjoy them as much as they have. This grandfathered multifamily beach cottage located in the desirable north end of the Captiva Village on picturesque Laika Lane, a graded shell and sand street lined with crooked palms leading your way to the sands of Captiva's beaches. Offering a flexibility that cannot be duplicated today, this duplex cottage is comprised of two completely separate 2-bedroomresidences each with their own laundry and own private entrance located off a shared open deck. The properties have the ability to be rented separately to maximize the potential return or if desired an owner could use one unit while keeping the other side for guests or leasing the other unit to offset costs. The options are what make this property perfect for a multitude of needs. Elevated on wood pilings with a new gable style shingle roof in 2023, this property is resilient to tropical conditions, keeping the cost to insure low. The 75' wide property is comprised of one and a half lots offering unparalleled privacy as well as an abundance of space for the addition of a pool and outdoor living amenities or for potential redevelopment in the future.

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