$5,699,000
5 Bed Pool Home for Sale in Metes And Bounds
16632 Captiva Drive, Captiva, FL, 33924
About this home
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!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1969
- Interior
- 3,681 sqft
- Lot size
- 46,260.72 sqft
- Acreage
- 1.06 acres
- Garage
- 1 car
- Days on market
- 163
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $79,786/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — Gulf frontage
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Septic Tank
- New construction
- No
- Pets
- Yes
- County
- Lee
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.
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Market trends, Captiva
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $251,000 (4.2%) from the original list price.
| Apr 28, 2026 | Price reducedfrom $5,669,000 | $5,699,000 |
| Jan 17, 2026 | Listed | $5,950,000 |
The good, the trade-offs & the location
- Private pool
- Gulf access (Direct — Gulf frontage)
- Built 1969 — pre-2002 construction may carry older wind codes and higher insurance
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.