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Bean Group
Offered at $6,200,000Active
beds
6
baths
6
sq ft
5,813
Built
2009

16512 Captiva Drive

Captiva, FL 33924

About this home

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.

Listing last checked: Listing updated:

Listed by Michael McMurray · Royal Shell Real Estate, Inc. · MLS #222057371

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Details at a glance

Interior4 property facts
Rooms
0
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric, Zoned
Flooring
Wood
Building5 property facts
Style
Single Family Residence
Year built
2009
Garage
0
Foundation
Pillar/Post/Pier, Raised
Roof
Metal
Land & utilities4 property facts
Lot size
1.0719 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Financial3 property facts
Annual taxes
$75,901
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $6,200,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$37,676 / monthAdjust
Principal & interest
$31,351
Property tax
$6,325
Insurance
Not entered
HOA
$0

Listing annual taxes: $75,901. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 16512 Captiva Drive

Can I request a private showing?

Request a tour of 16512 Captiva Drive and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.