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MAJOR PRICE REDUCTION. EVEN BIGGER OPPORTUNITY. NOW $6.2 MILLION! This may be one of the most compelling beachfront opportunities Captiva Island has seen in years. Once offered at $12 million and having attracted multiple offers at substantially higher levels, this exceptional Gold Coast estate is now being offered at a price approaching land value. The sellers are ready to make a move, creating an extraordinary opportunity for the next owner. Located along one of the most coveted stretches of Captiva’s Gold Coast, 16512 Captiva Drive sits among some of the island’s finest beachfront estates. This stretch is known for its exceptional beach, beautiful natural dunes, wide sandy shoreline and spectacular Gulf and sunset views. The location, the beach and the land are simply irreplaceable. And unlike many properties trading near land value, there is already a substantial and beautiful estate here. The main residence and separate guest house offer 7 bedrooms and 5.5 baths, soaring ceilings, dramatic walls of glass overlooking the Gulf, hardwood and shell-stone floors, beautiful woodwork, a beachfront pool, expansive screened lanais and a rooftop sundeck.Enjoy it as it is, renovate and put your own signature on it, or take advantage of the exceptional homesite and create something truly extraordinary. The possibilities, and the upside, are tremendous. At $6.2 million, opportunities like this simply do not come along often on Captiva. Compare the location. Compare the beachfront. Compare the land. Compare the surrounding sales. Then compare the price. This is an exceptional opportunity to own a premier Gold Coast estate at a value that demands attention.
Property Details
Price: $6,200,000
Sq Ft: 5,813
($1,067 per
sqft)
Bedrooms: 6
Bathrooms: 5
Partial Baths: 1
City: Captiva
County: Lee
Type: Single Family
Development: Not Applicable
Acres: 1.0719
Virtual Tour/Floorplan:
View
Year Built: 2009
Listing Number: 222057371
Status Code: A-Active
Taxes: $75,901.00
Tax Year: 2025
Application Fee: $0.00
Garage:
Furnishings: Furnished
Pets Allowed: Yes
Interior Features:
Fire Sprinkler
Laundry Tub
Pantry
Smoke Detectors
Window Coverings
Amenities:
See Remarks
Financial Information:
Taxes: $75,901.00
Tax Year: 2025
Exterior Features:
Open Porch/Lanai
Screened Lanai/Porch
Equipment:
Dishwasher
Disposal
Dryer
Microwave
Range
Refrigerator
Washer
View:
Y
Waterfront Description:
Gulf Frontage
Additional Information:
Building Description: Two Story, Contemporary, Single Family
Community Type: No Subdivision
MLS Area: Not Applicable
Total Square Footage: 8,658
Total Floors: 3
Water: Central
Short Sale: No
Date Listed: 2022-08-05 00:00:00
Pool: Y
Pool Description: Below Ground, Equipment Stays
Furnished: Furnished
Kitchen Description: Island
Windows: Window Coverings
Parking: Covered, Driveway Unpaved, Guest, Under Bldg Open, Detached Carport
Flooring: Wood
Roof: Metal
Heating: Central Electric
Cooling: Ceiling Fan(S), Central Electric, Zoned
Storm Protection: Impact Resistant Windows
Security: Security System, Fire Sprinkler System, Smoke Detector(S)
Laundry: Laundry In Residence, Laundry Tub
Irrigation: Central
Pets: Yes
Restrictions: None/Other
Rear Exposure: W
Lot Desc.: Regular
Amenities: See Remarks
Map of 16512 Captiva Dr, Captiva, FL 33924
Listing Courtesy Of: Royal Shell Real Estate, Inc.
mike@mcmurrayandmembers.com