For sale Home

Listed Jan 17, 2026

$5,699,000 Est. $37,694/mo

16632 Captiva Drive

  • 5

    Beds

  • 4

    Baths

  • 3,681

    Sq ft

The story

  • Pool
  • Waterfront

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.

Facts & features

Home type

Home

Year built

1969

Floors

2

Lot size

1 acres

Price per sq ft

$1,548

Parking

1-car garage

Included features

  • Pool

    Yes

  • Cooling

    Central Electric

  • Heating

    Central Electric

  • Appliances

    Electric Cooktop, Microwave, Refrigerator, Washer

  • Flooring

    Carpet, Tile

  • Roof

    Tile

  • Lot Information

    Regular

  • Exterior

    Screened Lanai/Porch

  • Water Source

    Central

  • Sewer

    Septic Tank

Mortgage calculator

Estimated monthly payment

$37,694 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $30,332
  • Property tax $5,699
  • Insurance $1,662

Includes principal, interest, taxes & insurance.

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Listing Broker

Kingfisher Real Estate, Inc.

Broker Name

Kingfisher Real Estate, Inc.

Agent

Sue Plein