$1,599,000
PENDING $396K PRICE DROP

11525 Laika Ln Captiva, FL 33924

Estimated payment $10,038/month

Total Views 16,199
4 Beds
4 Baths
1,506 Sq Ft
$1,062 Price per Sq Ft

Highlights

  • Second Refrigerator
  • Beach House
  • Furnished
  • Sanibel Elementary School Rated A-
  • Garden View
  • Porch

About This Home

Introducing Starfish East & West - Hitting the market for the first time since it was built generations ago, the family who built these cottages are ready for another lucky island family to enjoy them as much as they have. This grandfathered multifamily beach cottage located in the desirable north end of the Captiva Village on picturesque Laika Lane, a graded shell and sand street lined with crooked palms leading your way to the sands of Captiva's beaches. Offering a flexibility that cannot be duplicated today, this duplex cottage is comprised of two completely separate 2-bedroom residences each with their own laundry and own private entrance located off a shared open deck. The properties have the ability to be rented separately to maximize the potential return or if desired an owner could use one unit while keeping the other side for guests or leasing the other unit to offset costs. The options are what make this property perfect for a multitude of needs. Elevated on wood pilings with a new gable style shingle roof in 2023, this property is resilient to tropical conditions, keeping the cost to insure low. The 75' wide property is comprised of one and a half lots offering unparalleled privacy as well as an abundance of space for the addition of a pool and outdoor living amenities or for potential redevelopment in the future.

Listing Agent

Jeff Burns

Premier Sotheby's Int'l Realty License #3058718 Listed on: 02/01/2025

Premier Sotheby's Int'l Realty

Co-Listing Agent

Tiffany Burns

Premier Sotheby's Int'l Realty License #3058879

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,763

Year Built

  • Built in 1977

Lot Details

  • 10,125 Sq Ft Lot
  • Lot Dimensions are 135 x 75
  • Property fronts a private road
  • Street terminates at a dead end
  • South Facing Home

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

  • Beach House
  • Elevated Home
  • Frame Construction
  • Fiberglass Roof

Interior Spaces

  • 1,506 Sq Ft Home
  • Furnished
  • Ceiling height between 8 to 10 feet
  • Ceiling Fan
  • Single Hung Wood Windows
  • Combination Dining and Living Room
  • Tile Flooring
  • Garden Views
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Second Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • Captiva Beach HOA
  • Captiva Beach Subdivision

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 26-45-21-02-00003.0400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,763

Year Built

Built in 1977

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Subdivision Name: Captiva Beach
  • Class: Residential
  • Property Type: Multi Family
  • Design: Beach House, Old Florida
  • Legal Description: CAPTIVA BEACH PB 7 PG 73 BLK 3 LOT 40 + E 1/2 41 + POR VAC ROW DESC IN OR 1737 P
  • Strap Number: 26-45-21-02-00003.0400
  • Subject To F I R P T A: No
  • Year Built: 1977
  • Folio Id: 10004171
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Elevator: No
  • Price Per S Q F T: 1061.75
  • Total Sq Ft: 1850
  • Appliances: Additional Refrigerator, Dishwasher, Microwave, Range Electric, Refrigerator, Stack Washer/Dryer
  • Estimated Living Sq Ft: 1506
  • Bathrooms: 2
  • Bathrooms Display: 2/2
  • Bedrooms: 4
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Flooring: Tile Floor
  • Furnished: Yes
  • Furnishing: Fully Furnished
  • Half Bathrooms: 2
  • Windows: Single Hung

Exterior Features

  • Waterfront: None/Not Applicable
  • Waterfront: No
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Hard-l-Board, Trim Hard-l-Board
  • Pool: No
  • View: Lawn/Garden, See Remarks
  • Roads: Dead End, Graded/Maintained, Private, Private Maintained, Shell
  • Construction Stat: Elevated, Frame, Piling Wood, See Remarks
  • Rear Exposure: South
  • Roof: Fiberglass Shingle, See Remarks

Garage/Parking

  • Parking: Under Bldg

Utilities

  • Sewer: Septic
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Central Air/Cooling
  • Heating: Central Heat

Condo/Co-op/Association

  • Association Fee: 450
  • Association Fee Period: Annually
  • Association Management: Captiva Beach HOA
  • Management Company Phone: 000-0000
  • HOA: Yes

Lot Info

  • Acres: 0.23
  • Geo Update Timestamp: 2025-04-11
  • Geo Address Line: 11525 Laika Ln
  • Geo Matched Method: 1
  • Geo Primary City: Captiva
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Depth: 135
  • Lot Frontage: 75
  • Lot Number: 40
  • Lot Size Irregular: No
  • Lot Sq Ft: 10125
  • Lot Sq Ft Source: Leepa
  • Survey: No

Rental Info

  • Rental: Yes
  • Rent History: See attached. Buyer to honor rentals.
  • Rent Phone: 239-472-5050
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 17763
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $17,763 $1,214,521 -- --
2023 $17,763 $1,104,110 $0 $0
2022 $15,137 $1,003,736 $0 $0
2021 $13,290 $912,487 $810,635 $101,852
2020 $13,393 $908,062 $810,635 $97,427
2019 $13,477 $909,096 $810,635 $98,461
2018 $11,718 $781,658 $704,900 $76,758
2017 $12,037 $789,731 $587,400 $202,331
2016 $11,713 $811,662 $587,400 $224,262
2015 $11,783 $856,501 $587,400 $269,101
2014 -- $593,601 $534,000 $59,601
2013 -- $610,807 $556,800 $54,007
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Pending -- -- --
05/21/2025 05/21/25 Price Changed $1,599,000 -13.6% $1,062 / Sq Ft
04/29/2025 04/29/25 Price Changed $1,850,000 -7.3% $1,228 / Sq Ft
02/01/2025 02/01/25 For Sale $1,995,000 -- $1,325 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Attorney
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

About the Listing Agent

Jeff Burns

Premier Sotheby's Int'l Realty

(855) 617-3233

Section Image

Jeff and Tiffany met in college at the University of Florida where they both displayed the drive and success, they put to work every day for their valued customers. Jeff graduated with a Master’s Degree in Finance with a specialization in real estate and Tiffany graduated with high honors and a Master’s Degree in Computer Science.

After college Jeff and Tiffany couldn’t think of a better place to start a family than here in SW Florida. Jeff started his professional career as a loan

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Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2250197

Sanibel & Captiva Islands Association of REALTORS®

APN: 26-45-21-02-00003.0400