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Captiva 33924
11527 Wightman Lane
$910,000
● House - Off Market

11527 Wightman Lane

Captiva, FL 33924
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,286 Ft²
$5,858
Est. Monthly
2.44%
Cap Rate

About This Property

Situated mid-street on Wightman Lane, this prime location offers quick access to the beach, just a shortstroll away. Previously known as Rick's Retreat, this was a highly popular weekly rental, and its landvalue is undeniable. The home has been remediated, allowing new owners the option to either renovatefor immediate rental potential or start fresh and build their custom Captiva retreat. Wightman Lane is atrue gem, offering easy access to Captiva's best restaurants, shops, and attractions-all easily exploredby golf cart. This is an exceptional opportunity to invest in one of the island's most desirable locationswith endless possibilities.
Unit Size
1,286 Ft²
Days on Market
52 days
Land Size
0.16 acres
Price per sqft
$778
Property Type
House
Property Taxes
$947
HOA Dues
-
Year Built
1976

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (SWFLMLS #224083813)

Price History

Date / Event Date Event Price
Jan 17, 2025 Sold
Premium
Sold
Nov 26, 2024 Listed by Royal Shell Real Estate, Inc. $999,999
Listed by Royal Shell Real Estate, Inc.
Nov 4, 1996 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,752
  • Total Building Area: 1,706
  • Gross Building Area: 1,706
  • Building Area: 1,386
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,386
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAPTIVA BEACH SUBD - LANES SUBD
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: 001
  • Legal Description 1: CAPTIVA BEACH BLK 4 PB 7 PG 73 LOT 14 + POR VAC WHIGHTMAN LN DESC IN OR 1737 PG 1855

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 080100

Zoning

  • Zoning: TFC2

Geography

  • Assessors Map Reference: 4-26
  • Account Number: 10004188
  • Subdivision Tract Number: 02
  • Parcel: 26-45-21-02-00004.0140
  • Block: 4
  • Lot: 14
  • Meridian: SEC 26 TWN 45S RNG 21E
  • Municipality: CAPTIVA FIRE/EROSION
  • Latitude: 26.5228
  • Longitude: -82.1913

    Address

  • Full Address: 11527 Wightman Ln
  • Address - House Number: 11527
  • Address - Street Name: Wightman
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Captiva
  • Zip Code: 33924

Valuation

    Tax

  • Total Area: 1,348
  • Tax Year: 2023
  • Tax Amount: $1,136,566
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.2076
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 1,107,242
  • High Value: 1,337,212
  • Low Value: 877,273

    Market Valuation

  • Market Total Value: $777,139
  • Market Land Value: $777,129
  • Market Improvement Value: $10

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $777,139
  • Assessed Land Value: $777,129
  • Assessed Improvements Value: $10

    Sales

  • Current Sale Contract Date: Oct 31, 1996
  • Current Sale Recording Date: Dec 02, 1996
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Nov 04, 1996
  • Previous Sale Contract Date: Oct 31, 1996
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Captiva

Stats & Trends

Median Asking:

$1,572,500

Sale Price/ft²

$997

Below Asking

0.03%

Average Days on Market

126

Average Home Size

2358 ft²

Average Home Age

42.7 years

Currently For Sale

56 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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SWFLMLS

Listed by: Michael McMurray, Royal Shell Real Estate, Inc.
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224083813
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 11527 Wightman Lane built and last sold?
The property at 11527 Wightman Lane was built in 1976 and last sold on Oct 31, 1996 for $0.
How much is this home worth?
The estimated value of the home located at 11527 Wightman Lane is $1,037,308.
What are some comparable homes to 11527 Wightman Lane?
There are currently no comparable homes to 11527 Wightman Lane.
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