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!
| MLS # | 2026002529 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1969 |
| Days On Site | 242 |
| Listing Provided By | Kingfisher Real Estate, Inc. | Sue Plein |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,681 |
| Garage | 1 |
| Pool | Yes |
| Story(s) | 2 |
| Zoning | RSC-2 |
| Acreage | 1.06 |
| Water Front | Yes |
| Property View | Yes |
| Lot Features | Rectangular Lot |
|---|
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Detached, Garage |
| Tax Annual Amount | 62320.66 |
|---|
| Community Features | Boat Facilities, Non Gated |
|---|
| State | FL |
|---|---|
| County | Lee |
| City | Captiva |
| Zip Code | 33924 |
| Area | CI01 Captiva Island |
| Community Name | METES AND BOUNDS |
| Listing VS Median (in METES AND BOUNDS) | |
Price: $5,699,000 low | high Med: $2,972,500 sqft: 3,681 low | high Med: 1,734 $ / sqft: $1,548 low | high Med: $1,844 On site: 242 low | high Med: 642 | |
| State | FL |
|---|---|
| County | Lee |
| City | Captiva |
| Zip Code | 33924 |
| Area | CI01 Captiva Island |
| Community Name | METES AND BOUNDS |
| Listing VS Median (in METES AND BOUNDS) | |
Price: $5,699,000 low | high Med: $2,972,500 sqft: 3,681 low | high Med: 1,734 $ / sqft: $1,548 low | high Med: $1,844 On site: 242 low | high Med: 642 | |
![]() | $9,700,00016770 Captiva DrCaptiva, FL 33924 |