16205 CAPTIVA DRIVE
About This Property
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2026 | No longer available | - | |
| No longer available | |||
| May 11, 2026 | Listed by COLDWELL BANKER REALTY | $5,500,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| Feb 9, 2026 | Listed by Coldwell Banker Realty | $5,500,000 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to " Avoca" a captivating GULF FRONT WITH PRIVATE BEACH trophy estate and/or premier investment property on 1.12 acres. ideally positioned along the coveted Tween Waters stretch of Captiva Drive on Captiva Island. Offering rare privacy, and DIRECT beach frontage, this remarkable property showcases panoramic views of the Gulf of Mexico and a private beach path to sugar-sand shores. Avoca's lush tropical setting frames a true western facing resort-style backyard allowing for Captiva's ICONIC SUNSET VIEWS, featuring a 20' x 60' pool with integrated spa, a full outdoor kitchen, and one of the most impressive outdoor entertaining environments on Captiva.
Spanning over one acre and set at one of the highest elevations on the island (X Zone Flood Elevation), Avoca is located within the Estate Zoning district and no HOA restrictions!
Recent upgrades include a newer roof and impact-rated windows and doors for added peace of mind.
Inside, the residence is thoughtfully designed for relaxed luxury and effortless indoor/outdoor entertaining. Four expansive levels of decking invite breathtaking views and Gulf breezes from nearly every room. The main living level offers a generous open layout with a spacious chef’s kitchen, open dining area, fireplace, elevator, multiple guest bedrooms, and light-filled gathering spaces.
The third-floor owner’s suite is a private sanctuary, complete with a balcony, sitting area, office nook, and a well-appointed en-suite bath. Additional guest suites and a loft area provide comfortable accommodations for family and friends. Crowning the home is one of the highest rooftop sundecks on the island, delivering elevated, unobstructed coastal views.
Whether envisioned as an extraordinary private Gulf-front retreat, a luxurious vacation escape, or a proven high-performing rental investment, Avoca represents a rare and compelling opportunity on world-renowned Captiva Island.
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| Oct 2, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 7, 2025 | Listed by Royal Shell Real Estate, Inc. | $5,500,000 | |
| Listed by Royal Shell Real Estate, Inc. | |||
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Welcome to “Avoca” – A captivating Gulf-Front Retreat perfectly positioned on Captiva Drive along the Tween Waters Stretch. This amazing Estate offers privacy, expansive grounds, and direct beach frontage—with panoramic views of the Gulf of Mexico and your own private beach path. The property is well over 1 acre with one of the highest elevations on the island (X Zone Flood Elevation) and is located in the Estate Zoning section of the islands which allows you to build up to 3 structures, YES, you can build additional structures on the property. This gorgeous tropical estate showcases a resort-style backyard complete with a 20 x 60 sparkling pool and integrated spa, a full outdoor kitchen, and one of the most impressive settings on Captiva Island. The home also features a newer roof and all impact windows and doors for added peace of mind. You will absolutely love and enjoy 4 HUGE levels of deck space, allowing you to take in stunning sunsets and Gulf breezes from nearly every room. The spacious main living area features a HUGE kitchen, open dining area, fireplace, elevator, multiple guest bedrooms, and comfortable gathering spaces filled with natural light. The third-floor owner's suite is a luxurious retreat with a private balcony, sitting area, office nook, and generous en-suite bath with additional guest suites and loft area. You will feel on top of the world with one of the largest roof top sundecks you will see on the islands. Whether you're looking for an exceptional vacation getaway, a Rental Investment Powerhouse, or your own private Gulf-front haven, Avoca is a fantastic opportunity on world renowned Captiva Island.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017