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16632 Captiva Drive $5,699,000

Updated
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.
General Amenities
Interior Amenities
Exterior Amenities
Landscape Amenities
Community Amenities
Appliance Amenities
Accessibility Amenities
Beds
5
Baths
4.00
Ft2
3,681
Lot Acres
1.06
Year Built
1969
Heat
Central,Electric
Roof
Tile
Virtual Tour
16632 Captiva Drive
Captiva, Florida 33924
United States
Subdivision: METES AND BOUNDS
County: Lee
Sale Type: For Sale
Ref #: 2026002529
Last Updated: Wednesday, 21 October 2026 06:57
Type of Home: Single Family
Listed by Kingfisher Real Estate, Inc. on Saturday, 17 January 2026 [For Sale]
Beds
5
Baths
4.00
Ft2
3,681
Lot Acres
1.06
Heat
Central,Electric
Cooling
CentralAir,Electric
Roof
Tile
Year Built
1969
Garage Size
1
Frontage
Yes
Beds
5
Baths
4.00
Ft2
3,681
Lot Acres
1.06
Year Built
1969
Heat
Central,Electric
Roof
Tile
Virtual Tour
16632 Captiva Drive
Captiva, Florida 33924
United States
Subdivision: METES AND BOUNDS
County: Lee
Sale Type: For Sale
Ref #: 2026002529
Last Updated: Wednesday, 21 October 2026 06:57
Type of Home: Single Family
Listed by Kingfisher Real Estate, Inc. on Saturday, 17 January 2026 [For Sale]