16151 Captiva DR, Captiva, FL 33924

$5,900,000
List Price
$5,900,000
Status
ACTIVE
MLS#
219033472
Days on Market
54
Development
Frowes Subd
Subdivision
Frowes Subd

Property Description

Madison Hawk Partners is pleased to present the last remaining Gulf to Bay development parcel on one of Florida’s most exclusive islands. Situated amongst the beautiful homes of Millionaire’s Row on Captiva, this dream homesite consists of 2.5 acres on two separate parcels and features 135’ of bay frontage and 106’ of gulf frontage. The property is currently improved with a charming 1950’s cottage, pool and more. Its location is the highest elevation on Captiva and the mangrove-free bayfront features easy access to open water. The property contains several grandfathered in structures including a huge new dock with observation deck, seawall with 190’ sides and a boat ramp. Six total units (totaling over 27,000 sq. ft.) can be constructed on the parcel consisting of one house and two accessory structures per lot. This exceptional offering is a once in a lifetime opportunity on Florida’s treasured gulf coast.

Additional Information

Total Tax Bill
$45,000
Community Type
Non-Gated
Acres
2.5
View
See Remarks
Lot Description
See Remarks
Water
Central
Sewer
See Remarks
Waterfront
Yes

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of mlstosell.com Inc.

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