$6,100,000
SOLD JUL 30, 2025

11421 Dickey Ln Captiva, FL 33924

0.9 Acre
$6,777,778 Price per Acre
39,204 Sq Ft Lot

Recently Sold

28% Below List Price

222 Days on Market

Highlights

  • Access to Bay or Harbor
  • Bay View
  • Waterfront
  • Sanibel Elementary School Rated A-

About This Lot

As of July 2025

LSI Companies is pleased to present an unparalleled and rarely available redevelopment opportunity in Captiva, Florida, well suited and poised for up to three private luxury estate homes or lucrative investment rentals. Located on the bay side of Captiva directly on Pine Island Sound, this 0.9± Acre property offers a recently reconstructed 1,450± Sq. Ft. shared private boat dock with slips and lifts, making it accessible directly by boat via deep water Roosevelt Channel (8–8.5' average depth) or vehicularly via Captiva Road, and offering the utmost convenience to avid mariners. It is comprised of two parcels on Captiva Island, one of the most world-renowned vacation and secondary luxury home destinations. Superb, walkable access to the sugar sand beach on the Gulf of Mexico is close by.

Located in close proximity to Sanibel, Pine Island and Fort Myers Beach. Nearby landmarks and attractions include South Seas Resort, McCarthy's Marina, Jensen's Marina & Cottages, Tween Waters Island Resort & Marina in addition to Captiva Square, Bubble Room and much more. To the North is the Rauschenberg Estate, and around the corner is Chadwick's Square, which hosts Starbucks, Sunny Island Adventures, and numerous other retail opportunities. Captiva has a rich cultural history and is home to art galleries, local festivals, and boutique restaurants offering residents and visitors an enriching experience.

HIGHLIGHTS:
• Secluded waterfront redevelopment opportunity with recently reconstructed shared dock on deepwater Roosevelt Channel
• Zoned RM-2 (Multiple-Family Districts) with future land use designation “Outlying Suburban,” allowing up to (3) dwelling units per acre
• This is the only bayside development site currently available consisting of two lots
• Unparalleled opportunity for luxury estate homes or lucrative vacation rentals
• Rentals on Captiva are generally restricted to weekly, but nightly rentals were grandfathered in on this property (may transfer to a buyer)
• Superb walkability to Gulf Beach access points and the Village

Last Agent to Sell the Property

Laura Cari, CCIM

LSI Companies Inc. License #249523012 Listed on: 12/20/2024

Last Buyer's Agent

Tiffany Burns

Premier Sotheby's Int'l Realty License #280596748

Premier Sotheby's Int'l Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,364

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 272 x 100 x 285 x 118
  • Waterfront
  • North Facing Home
  • Property is zoned RM-2

Additional Features

  • Bay Views
  • Septic Tank

Listing and Financial Details

  • Tax Lot 00CE
  • Assessor Parcel Number 26-45-21-31-00000.00CE

Community Details

Overview

  • Captiva Beach Subdivision

Recreation

  • Access to Bay or Harbor

Property Details

Property Type

Land

Est. Annual Taxes

$24,364

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.9
  • Lot Size: 272 x 100 x 285 x 118
  • Road Surface Type: Paved
  • Subdivision Name: CAPTIVA BEACH
  • Directions: Take Sanibel Causeway, traveling north on Sanibel Captiva Rd. Continue north on Captiva Dr for approximately 3.1 miles to Dickey Ln, turn right on Dickey Lane.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: See Remarks
  • View: Bay
  • View: Yes
  • Waterfront Features: Bay Access, Across the Road Water Frontage
  • Waterfront: Yes
  • Direction Faces: North

Utilities

  • Cooling: See Remarks
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Trash Collection, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Multi-Family, Other, See Remarks
  • Additional Parcels Description: 26-45-21-03-00059.0020 and 26-45-21-31-00000.0010
  • Parcel #: 26-45-21-31-00000.00CE
  • Zoning Description: RM-2

Tax Info

  • Tax Annual Amount: 24363.98
  • Tax Block: 0
  • Tax Lot: 00CE
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2005
Sold by
Field Thomas H and Field Karen M
Bought by
Kkdjn Llc

Purchase Details

Closed on
Nov 4, 1993
Sold by
Jacoby L Alan and Jacoby Carol Lee
Bought by
Davis David O and Davis Agnes T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.97%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $277,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $210,200 New Conventional
Previous Owner $224,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Sold $6,100,000 -28.2% --
07/30/2025 07/30/25 Pending -- -- --
12/20/2024 12/20/24 For Sale $8,500,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,254 $973,898 -- --
2023 $13,254 $885,362 $885,352 $10
2022 $16,437 $1,119,494 $0 $0
2021 $14,553 $1,017,722 $811,948 $205,774
2020 $14,444 $996,455 $810,635 $185,820
2019 $14,684 $1,006,952 $810,635 $196,317
2018 $15,480 $1,055,399 $704,900 $350,499
2017 $15,846 $1,061,042 $587,400 $473,642
2016 $14,834 $983,939 $590,275 $393,664
2015 $15,474 $1,059,487 $590,819 $468,668
2014 -- $866,196 $536,402 $329,794
2013 -- $920,209 $541,852 $378,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224102995

Florida Gulf Coast Multiple Listing Service

APN: 26-45-21-03-00059.0020