NOT LISTED FOR SALE

16950 Captiva Dr Captiva, FL 33924

Estimated Value: $7,134,000

0.97 Acre
$7,354,639 Price per Acre
42,253 Sq Ft Lot

Last Sold June 07, 2017

Last sale price $2,700,000

Est. 164% increase in value since last sale

Current estimated payment $44,568/month

340 Days on Market

About This Lot

As of June 2017

Without a doubt one of Southwest Florida's premier beachfront addresses, this huge lot is the perfect palette for someone to build their masterpiece. Offering gorgeous direct Gulf-front views and 100 feet of beach frontage, homeowners can relax as waves lap against the shore and the sun gently sets into the horizon.

Last Agent to Sell the Property

Jeff Burns

Premier Sotheby's Int'l Realty License #280595636 Listed on: 06/01/2016

Premier Sotheby's Int'l Realty

Co-Listed By

Tiffany Burns

Premier Sotheby's Int'l Realty License #280596748

Last Buyer's Agent

Jeff Burns

Premier Sotheby's Int'l Realty License #280595636

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $34,244

Lot Details

  • 0.97 Acre Lot
  • Lot Dimensions are 100 x 450 x 100 x 450
  • Property fronts gulf or ocean
  • East Facing Home

Property Views

  • Gulf Views

Community Details

  • Metes And Bounds Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 28
  • Assessor Parcel Number 03-46-21-00-00028.0050

Property Details

Property Type

Land

Est. Annual Taxes

$34,244

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.97
  • Lot Size: 100 x 450 x 100 x 450
  • Road Surface Type: Paved
  • Co List Office Mls Id: PREM16
  • Co List Office Phone: 239-472-2735
  • Subdivision Name: METES AND BOUNDS
  • Directions: Turn right onto Periwinkle Way. Turn right onto Palm Ridge Rd. Palm Ridge Rd becomes Sanibel-Captiva Rd. Sanibel-Captiva Rd becomes Captiva Dr.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: See Remarks
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Direction Faces: East

Utilities

  • Sewer: Public Sewer
  • Utilities: Other, See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Current Use: Single Family
  • Parcel #: 03-46-21-00-00028.0050
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 34244.0
  • Tax Block: 28
  • Tax Lot: 7
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jun 6, 2017
Sold by
Dunbar Florida Realty
Bought by
Green Capitiva Holdings Llc
Seller's Agent
Jeff Burns
Premier Sotheby's Int'l Realty
Buyer's Agent
Jeff Burns
Premier Sotheby's Int'l Realty
List Price
$2,995,000
Sold Price
$2,700,000
Premium/Discount to List
-$295,000
-9.85%
Current Estimated Value
$7,134,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,434,000
Avg. Annual Appreciation
13.32%

Purchase Details

Closed on
Jan 1, 2007
Sold by
Dunbar Florida Realty Llc
Bought by
Dunbar Martha E and Dunbar Laura J

Purchase Details

Closed on
May 25, 2004
Sold by
Dunbar Wallace H and Dunbar Thomas E
Bought by
Dunbar Florida Realty Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Green Capitiva Holdings Llc $2,700,000 Attorney
Dunbar Martha E -- Attorney
Dunbar Florida Realty Llc -- --
Dunbar Wallace H -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2017 06/07/17 Sold $2,700,000 0.0% --
06/06/2017 06/06/17 Sold $2,700,000 -9.8% --
05/08/2017 05/08/17 Pending -- -- --
05/07/2017 05/07/17 Pending -- -- --
06/01/2016 06/01/16 For Sale $2,995,000 0.0% --
09/24/2012 09/24/12 For Sale $2,995,000 -- --
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 $62,014 $4,667,730 -- --
2023 $62,014 $4,243,391 $4,243,381 $10
2022 $128,713 $9,173,078 $2,625,500 $6,313,622
2021 $37,195 $2,625,500 $2,625,500 $0
2020 $37,491 $2,625,500 $2,625,500 $0
2019 $37,017 $2,574,000 $2,574,000 $0
2018 $37,259 $2,574,000 $2,574,000 $0
2017 $36,726 $2,574,000 $2,574,000 $0
2016 $32,757 $2,200,000 $2,200,000 $0
2015 $34,244 $2,247,000 $2,247,000 $0
2014 $34,800 $2,247,000 $2,247,000 $0
2013 -- $2,100,000 $2,100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216036919

Florida Gulf Coast Multiple Listing Service

APN: 03-46-21-00-00028.0050