16970 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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2026 | Sold | ||
| Sold | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Jan 21, 2026 | Listed by Compass Florida LLC | $5,500,000 | |
| Listed by Compass Florida LLC | |||
| Jul 19, 2025 | No longer available | - | |
| No longer available | |||
| Jan 22, 2025 | Listed by Premier Sotheby's Int'l Realty | $5,750,000 | |
| Listed by Premier Sotheby's Int'l Realty | |||
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Offering over 100 feet of beachfront on Captiva's illustrious Gold Coast, this vacant parcel offers over an acre of land with a large building envelope necessary to construct a spacious and spectacular home and expansive pool while maintaining ample depth and privacy from the road. The seller commissioned conceptual drawings and floor plans corresponding to the renderings shown in the listing information and these are available for separate purchase. New construction presents you with the enviable opportunity to craft your dream estate where the design and decor are yours to perfect and enjoy. New construction also brings with it peace of mind of constructing to the newest and proven building codes for maximum resiliency where Mother Nature is your inspiration not your apprehension. Surrounded by Southwest Florida's desirable estates, you're not only building a family compound, dream escape or personal sanctuary, you're also building a portfolio with an asset with a strong outlook of appreciation and income potential should you desire. For the rare opportunity to have a private estate with 200 feet of beach frontage and over two acres, the neighboring property is also available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017