$1,500,000
3 Bed 3 Bath SingleFamilyResidence for Sale in CAPTIVA PALMA UNRECORDED SUBDIVISION, FL
551 Gulf Lane, Captiva, FL, 33924
About this home
A charming and dreamy beach side home with that New England character of shake vinyl siding and lots of French doors. Outside is a large wrap-around deck overlooking the gulf & the sunsets. Perfect area for entertaining, grilling and chilling. A hot tub is sunken into the back deck with views of the starry starry night sky. Upstairs' deck view is stunning and a wonderful place to catch the sunset over the Gulf. There are wide plank pine wood floors upstairs. The beach is just across the street with no structures blocking the views. The lot across the street is owned by Sanibel Captiva Conservancy. The past hurricane caused no damage to the house and there was no flooding of the property. It sits on a high ridge that runs along the shoreline. Located on Upper Captiva Island with 3 restaurants, a private airstrip and 4 miles of white sand beach. Golf carts are the island transportation... no cars. Please make an appointment to see this beauty of a home.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1986
- Interior
- 2,211 sqft
- Lot size
- 12,719.52 sqft
- Acreage
- 0.29 acres
- Garage
- None
- Days on market
- 160
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $21,000/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- Exposure
- East
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- Yes
- Natural gas
- Yes
- Water
- Well
- Sewer
- Septic Tank
- New construction
- No
- Pets
- Yes
- County
- Lee
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read — ask Rick for a personalized CMA.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home — what you love, what to ask about — saved to your account and shared with your agent.
Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 4460 Smugglers Drive | Sep 2025 | $1,350,000 | 4/3 | 2,358 | $573 |
| Average | 1 comps | $1,350,000 | $573 |
Market trends — Captiva
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $320,000 (18.3%) from the original list price.
| Jan 6, 2026 | Sold | $1,430,000 |
| Jul 4, 2025 | Price reducedfrom $1,750,000 | $1,500,000 |
| May 22, 2025 | Listed | $1,750,000 |
The good, the trade-offs & the location
- Built 1986 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Similar homes nearby
$1,225,000
MLS# 2026026019120 Swallow Drive, Captiva, FL, 33924
$1,300,000
MLS# 20260131224510 Oyster Shell Drive, Upper Captiva, FL, 33924
$1,499,000
MLS# 2240907264500 Seair Lane, Captiva, FL, 33924
$1,350,000
MLS# 202602698111546 Laika Lane, Captiva, FL, 33924
Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.