NOT LISTED FOR SALE

4581 Cutlass Dr Upper Captiva, FL 33924

Estimated Value: $229,000 - $614,000

0.5 Acre
$904,714 Price per Acre
21,954 Sq Ft Lot

Sale Details

Date Sold: October 8, 2021

Last sale price $495,000

Est. 8% decrease in value since last sale

Current estimated payment $2,681 / mo

202 Days on Market

Highlights

  • Bay View
  • 0.5 Acre Lot
  • Oversized Lot
  • Sanibel Elementary School Rated A-

About This Lot

As of October 2021

Fantastic Oversized Lot with Gulf & Beach Views just one row from the sugar sand beach of North Captiva! High elevation land and large enough to build your dream estate-sized home. The top living floor and lookout of a well-designed home will encompass panoramic & expansive water views, and bring the sparkling colors of the sea to every corner of your sunset-facing rooms and porches. With this oversized lot of over 1/2 acre, you will have plenty of space for a large private pool, outdoor entertainment area, and landscaping with tropical gardens. Create an heirloom property near the beach. Access to the Gulf beach is just a short walk or drive from the property along Gulf Lane.

Last Agent to Sell the Property

Mark Muller

Resort Properties Internationa License #280595610 Listed on: 02/17/2021

Last Buyer's Agent

Mark Muller

Resort Properties Internationa License #280595610 Listed on: 02/17/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,939

Lot Details

  • 21,954 Sq Ft Lot
  • Lot Dimensions are 178 x 134 x 176 x 135
  • Property fronts a private road
  • North Facing Home
  • Oversized Lot
  • Property is zoned C-1A

Property Views

  • Bay
  • Gulf

Community Details

  • Castaway Key Unrecorded Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 5
  • Assessor Parcel Number 05-45-21-17-00005.0010

Property Details

Property Type

Land

Est. Annual Taxes

$3,939

Lot Details

0.5 Acres

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.504
  • Lot Size: 178 x 134 x 176 x 135
  • Road Frontage Type: Private Road
  • Subdivision Name: CASTAWAY KEY UNRECORDED SUBDIVISION
  • Directions: Take the ferry to North Captiva Island. Follow Bartlett Parkway to Rum Road. Turn left onto Rum Road. Follow Rum Road to Cutlass Dr. Turn right onto Cutlass Dr. The lot will be on the left.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot
  • View: Bay, Gulf, Partial
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: North

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 05-45-21-17-00005.0010
  • Zoning Description: C-1A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3939.0
  • Tax Block: 5
  • Tax Lot: 1
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2025
Sold by
Bought by
Current Estimated Value
$455,976

Purchase Details

Listed on
Feb 17, 2021
Closed on
Oct 8, 2021
Sold by
Bought by
Seller's Agent
Mark Muller
Resort Properties Internationa
Buyer's Agent
Mark Muller
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.75%

Purchase Details

Closed on
Nov 27, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,138
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$100 None Listed On Document
$495,000 Attorney
$152,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $124,138
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $495,000 0.0% --
09/08/2021 09/08/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $495,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,534 $171,211 $171,211 --
2024 $3,069 $199,767 -- --
2023 $3,069 $181,606 $181,606 $0
2022 $7,476 $487,500 $487,500 $0
2021 $3,884 $222,500 $222,500 $0
2020 $3,939 $222,500 $222,500 $0
2019 $3,918 $222,500 $222,500 $0
2018 $3,953 $216,000 $216,000 $0
2017 $3,922 $202,500 $202,500 $0
2016 $3,945 $202,500 $202,500 $0
2015 $4,000 $202,500 $202,500 $0
2014 $3,458 $225,000 $225,000 $0
2013 -- $161,100 $161,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Muller

    Seller's Agent in 2021

    Mark Muller

    Resort Properties Internationa

    (239) 246-0804

    138 in this area

    155 Total Sales

    Mark Muller
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221007798

Florida Gulf Coast Multiple Listing Service

APN: 05-45-21-17-00005.0010

Florida Lee County 33924

4581 Cutlass Dr, FL

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Southwest Florida Multiple Listing Service. All Rights Reserved

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