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.
Equipment:
- Dishwasher
- Disposal
- Dryer
- Microwave
- Range
- Refrigerator
- Washer
Interior Features:
- Fire Sprinkler
- Laundry Tub
- Pantry
- Smoke Detectors
- Window Coverings
Exterior Features:
- Open Porch/Lanai
- Screened Lanai/Porch
View:
- Y
Amenities:
- See Remarks
Financial Information:
- Taxes: $75,901.00
- Tax Year: 2025
Room Dimensions:
- Laundry: Laundry in Residence, Laundry Tub
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
- Foreclosure: N
- Short Sale: No
- Date Listed: 2022-08-05 00:00:00
- Pool: Y
- Pool Description: Below Ground, Equipment Stays
- Private Spa: N
- Furnished: Furnished
- Den: N
- Kitchen Description: Island
- Windows: Window Coverings
- Parking: Covered, Driveway Unpaved, Guest, Under Bldg Open, Detached Carport
- Garage Description: N
- Attached Garage: N
- Flooring: Wood
- Roof: Metal
- Heating: Central Electric
- Cooling: Ceiling Fan(S), Central Electric, Zoned
- Fireplace: N
- Storm Protection: Impact Resistant Windows
- Security: Security System, Fire Sprinkler System, Smoke Detector(S)
- Laundry: Laundry In Residence, Laundry Tub
- Irrigation: Central
- 55+ Community: N
- Pets: Yes
- Restrictions: None/Other
- Rear Exposure: W
- Lot Desc.: Regular
- Amenities: See Remarks
Waterfront Description:
- Gulf Frontage
Listing Courtesy Of: Royal Shell Real Estate, Inc.
mike@mcmurrayandmembers.com
mike@mcmurrayandmembers.com