Steps from the Gulf, this beautifully appointed 5-bedroom, 5-bath
home known as Almost Heaven sits along the desirable Tween Waters
stretch in the heart of Captiva Village, offering the island's best
combination of location and livability. This residence delivers
turquoise-water views and puts you a minute's walk from the
Village's boutiques and galleries. Deeded beach access adds an
extra layer of convenience and long-term value. A dramatic
two-story great room anchors the main living space, complemented by
a formal dining area perfect for hosting family dinners or
entertaining guests. The gas fireplace adds warmth and ambiance on
cooler evenings, while the chef's kitchen brings it all together
with an oversized refrigerator, glass cooktop, built-in microwave,
wine cabinet, and premium cabinetry. Thoughtfully designed for
gathering, the home sleeps up to 14. The primary suite is complete
with a morning bar and beverage cooler, a jetted soaking tub, and
an oversized dual-spray walk-in shower. Two additional king suites,
a queen bedroom, and a built-in bunk room complete the sleeping
arrangements. This home is ideal for multigenerational living or
hosting extended family and friends. Outdoor living centers on a
private heated pool with a spa and an adjacent putting green,
surrounded by lush, mature tropical landscaping for total privacy.
Extensive recent upgrades bring peace of mind and easy living,
including a brand new metal roof, impact windows and doors, an
elevator, garage doors, pool equipment, and air conditioners, plus
newly installed EnduraFlood paneling on the ground level. Whether
as a personal retreat or a strong income-producing investment on
one of Southwest Florida's most sought-after barrier islands,
Almost Heaven offers a rare blend of privacy, proximity to the
beach, and Village walkability that's difficult to replicate.
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.
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