NOT LISTED FOR SALE

16970 Captiva Dr Captiva, FL 33924

Estimated Value: $881,000 - $5,434,581

0.94 Acre
$3,351,508 Price per Acre
41,042 Sq Ft Lot

Last Sold July 26, 2021

Last sale price $3,900,000

Est. 19% decrease in value since last sale

Current estimated payment $22,671/month

1,298 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Sanibel Elementary School Rated A-
  • 0.94 Acre Lot

About This Lot

As of July 2021

Captiva Island - rare magnificent Gold Coast estate zoned property offering ability for multiple dwellings including main and guest houses. Awesome private beachfront setting overlooking the Gulf of Mexico offering over 100’ of frontage with western exposure for direct sunsets. Premier location on Captiva drive. Wonderful opportunity to custom build and personalize living the dream on the only vacant beachfront building parcel available on Captiva.

Last Agent to Sell the Property

Trevor Nette

Royal Shell Real Estate, Inc. License #280500151 Listed on: 12/05/2017

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Out of area Non Member

FGC Non-MLS Office License #258009804

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $36,726

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 102 x 474 x 102 x 474
  • Property fronts gulf or ocean
  • East Facing Home
  • Cleared Lot
  • Property is zoned RS-2

Property Views

  • Gulf Views

Utilities

  • Septic Tank
  • Cable TV Available

Community Details

  • Metes And Bounds Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 03-46-21-00-00028.005B

Property Details

Property Type

Land

Est. Annual Taxes

$36,726

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.9422
  • Lot Size: 102 x 474 x 102 x 474
  • Road Frontage Type: See Remarks
  • Subdivision Name: METES AND BOUNDS
  • Directions: Head West on Periwinkle Way. Turn Right on Palm Ridge Rd. Continue straight on to Captiva Drive. Destination will be on the left.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

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

Utilities

  • Cooling: See Remarks
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Other
  • Water Source: See Remarks

Condo/Co-op/Association

  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Other
  • Parcel #: 03-46-21-00-00028.005B
  • Zoning Description: RS-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 36726.0
  • Tax Block: 0
  • Tax Lot: 7
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2017
Closed on
Jul 26, 2021
Sold by
Captiva Island Racing Llc
Bought by
Midnight Pass Investors Llc
Seller's Agent
Trevor Nette
Royal Shell Real Estate, Inc.
Buyer's Agent
Out of area Non Member
FGC Non-MLS Office
List Price
$3,995,000
Sold Price
$3,900,000
Premium/Discount to List
-$95,000
-2.38%
Current Estimated Value
$3,157,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$742,209
Avg. Annual Appreciation
-4.63%

Purchase Details

Listed on
Oct 5, 2012
Closed on
Oct 14, 2015
Sold by
Dunbar Florida Realty Llc
Bought by
Captiva Island Racing Llc
Seller's Agent
Jeff Burns
Premier Sotheby's Int'l Realty
Buyer's Agent
Phaidra McDermott
Kingfisher Real Estate, Inc.
List Price
$2,700,000
Sold Price
$2,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Source: Public Records
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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
Midnight Pass Investors Llc $3,900,000 Attorney
Captiva Island Racing Llc $2,700,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2021 07/26/21 Sold $3,900,000 -2.4% --
06/26/2021 06/26/21 Pending -- -- --
12/05/2017 12/05/17 For Sale $3,995,000 +48.0% --
10/22/2015 10/22/15 Sold $2,700,000 0.0% -- View Prior Sale
09/22/2015 09/22/15 Pending -- -- --
10/05/2012 10/05/12 For Sale $2,700,000 -- --
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
2025 $73,908 $4,333,204 -- --
2024 $55,967 $3,939,276 -- --
2023 $55,967 $3,581,160 $0 $0
2022 $45,929 $3,255,600 $3,255,600 $0
2021 $36,973 $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: 217074695

Florida Gulf Coast Multiple Listing Service

APN: 03-46-21-00-00028.005B