$1,430,000
SOLD JAN 6, 2026

551 Gulf Ln Captiva, FL 33924

3 Beds
3 Baths
2,211 Sq Ft
0.29 Acres

Recently Sold

$647 Per Sq Ft

18% Below List Price

229 Days on Market

Highlights

  • Community Beach Access
  • Boat Dock
  • Gulf View
  • Sanibel Elementary School Rated A-
  • Heated Spa
  • Sitting Area In Primary Bedroom

About This Home

As of January 2026

A charming and dreamy beach side home with that New England character of shake vinyl siding and lots of French doors. Outside is a large wrap-around deck overlooking the gulf & the sunsets. Perfect area for entertaining, grilling and chilling. A hot tub is sunken into the back deck with views of the starry starry night sky. Upstairs' deck view is stunning and a wonderful place to catch the sunset over the Gulf. There are wide plank pine wood floors upstairs. The beach is just across the street with no structures blocking the views. The lot across the street is owned by Sanibel Captiva Conservancy. The past hurricane caused no damage to the house and there was no flooding of the property. It sits on a high ridge that runs along the shoreline. Located on Upper Captiva Island with 3 restaurants, a private airstrip and 4 miles of white sand beach. Golf carts are the island transportation... no cars. Please make an appointment to see this beauty of a home.

Last Agent to Sell the Property

Cheryl Bredin

Islander Realty License #258004572 Listed on: 05/22/2025

Last Buyer's Agent

Cheryl Bredin

Islander Realty License #258004572 Listed on: 05/22/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,148

Year Built

  • Built in 1986

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 80 x 164 x 80 x 157
  • Home has East and West Exposure
  • Oversized Lot
  • Fruit Trees
  • Property is zoned RM-2

Home Design

  • Stilt Home
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,211 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • High Ceiling
  • Ceiling Fan
  • Shutters
  • French Doors
  • Great Room
  • Open Floorplan
  • Den
  • Workshop
  • Gulf Views
  • Fire Sprinkler System

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 3 Attached Carport Spaces
  • Subterranean Parking
  • Electric Vehicle Home Charger
  • Golf Cart Parking

Outdoor Features

  • Heated Spa
  • Balcony
  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Not Available

Listing and Financial Details

  • Legal Lot and Block H / H
  • Assessor Parcel Number 05-45-21-16-0000H.0000

Community Details

Overview

  • No Home Owners Association
  • Captiva Palma Unrecorded Subdivision

Recreation

  • Boat Dock
  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,148

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.292
  • Lot Size: 80 x 164 x 80 x 157
  • Road Surface Type: Unimproved
  • Ownership: Single Family
  • Subdivision Name: CAPTIVA PALMA UNRECORDED SUBDIVISION
  • Architectural Style: Two Story, Stilt
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1986
  • Property Sub Type Additional: Single Family Residence
  • Exposures: East
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Partially
  • Spa Features: Electric Heat
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Bidet, Bedroom on Main Level, Bathtub, Dual Sinks, Family/Dining Room, French Door(s)/Atrium Door(s), High Ceilings, Jetted Tub, Kitchen Island, Living/Dining Room, Pantry, Sitting Area in Primary, Split Bedrooms, Shower Only, Separate Shower, Tub Shower, Workshop
  • Living Area: 2211.0
  • Dining Room Type: Den, Other, Workshop, Great Room
  • Stories: 2
  • Window Features: Other

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • View: Gulf
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Vinyl Siding, Wood Frame
  • Direction Faces: West
  • Exterior Features: Deck, Fruit Trees, Patio, Room For Pool, Storage, Shutters Manual
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony, Deck, Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Carport Spaces: 3.0
  • Covered Parking Spaces: 3.0
  • Parking Features: Covered, Underground, Electric Vehicle Charging Station(s), Golf Cart Garage, Two Spaces, Attached Carport

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Security: Fire Sprinkler System
  • Cooling: Central Air, Ceiling Fan(s), Electric, Gas
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Not Available, Natural Gas Available, High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Boat Facilities, Tennis Court(s)
  • Senior Community: No
  • Amenities: Beach Rights, Beach Access
  • Phone: 000-000-0000
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Parcel #: 05-45-21-16-0000H.0000
  • Zoning Description: RM-2

Tax Info

  • Tax Annual Amount: 14147.93
  • Tax Block: H
  • Tax Lot: H
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2025
Closed on
Jan 6, 2026
Sold by
Oswald Kermit D and Oswald Lisa A
Bought by
Raylinda Investments Llc
Seller's Agent
Cheryl Bredin
Islander Realty
Buyer's Agent
Cheryl Bredin
Islander Realty
List Price
$1,750,000
Sold Price
$1,430,000
Premium/Discount to List
-$320,000
-18.29%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.27%

Purchase Details

Listed on
Dec 19, 2020
Closed on
Mar 1, 2021
Sold by
Bakhtian Bijan and Bakhtian Mitra
Bought by
Oswald Kermit D and Oswald Lisa A
Seller's Agent
Mark Muller
Resort Properties Internationa
Buyer's Agent
Cheryl Bredin
List Price
$1,395,000
Sold Price
$1,385,000
Premium/Discount to List
-$10,000
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.66%

Purchase Details

Closed on
Aug 20, 2012
Sold by
Bakhtian Bijan and Bakhtian Mitra
Bought by
Bakhtian Bijan and Bakhtian Mitra

Purchase Details

Closed on
Aug 27, 2001
Sold by
Faiella James M and Hawthonre Elizabeth J
Bought by
Bakhtian Ltd Ptnr
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 Type Sale Price Title Company
Warranty Deed $1,430,000 None Listed On Document
Warranty Deed $1,385,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $690,714 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2026 01/06/26 Sold $1,430,000 -4.7% $647 / Sq Ft
01/06/2026 01/06/26 Pending -- -- --
07/04/2025 07/04/25 Price Changed $1,500,000 -14.3% $678 / Sq Ft
05/22/2025 05/22/25 For Sale $1,750,000 +26.4% $791 / Sq Ft
03/11/2021 03/11/21 Sold $1,385,000 -0.7% $649 / Sq Ft View Prior Sale
02/09/2021 02/09/21 Pending -- -- --
12/19/2020 12/19/20 For Sale $1,395,000 -- $654 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $14,148 $710,728 $138,974 $547,902
2024 $14,907 $972,489 $144,375 $792,725
2023 $14,907 $911,419 $0 $0
2022 $13,011 $828,563 $487,500 $341,063
2021 $9,143 $531,497 $222,500 $308,997
2020 $8,000 $459,469 $222,500 $236,969
2019 $8,276 $481,280 $222,500 $258,780
2018 $8,125 $486,115 $216,000 $270,115
2017 $7,708 $427,970 $180,000 $247,970
2016 $6,979 $359,721 $180,000 $179,721
2015 $6,827 $359,796 $180,000 $179,796
2014 -- $342,900 $200,000 $142,900
2013 -- $267,516 $142,600 $124,916
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225049758

Florida Gulf Coast Multiple Listing Service

APN: 05-45-21-16-0000H.0000