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$6,100,000
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Property Description
LSI Companies is pleased to present an unparalleled and rarely available redevelopment opportunity in Captiva, Florida, well suited and poised for up to three private luxury estate homes or lucrative investment rentals. Located on the bay side of Captiva directly on Pine Island Sound, this 0.9± Acre property offers a recently reconstructed 1,450± Sq. Ft. shared private boat dock with slips and lifts, making it accessible directly by boat via deep water Roosevelt Channel (8-8.5' average depth) or vehicularly via Captiva Road, and offering the utmost convenience to avid mariners. It is comprised of two parcels on Captiva Island, one of the most world-renowned vacation and secondary luxury home destinations. Superb, walkable access to the sugar sand beach on the Gulf of Mexico is close by. Located in close proximity to Sanibel, Pine Island and Fort Myers Beach. Nearby landmarks and attractions include South Seas Resort, McCarthy's Marina, Jensen's Marina & Cottages, Tween Waters Island Resort & Marina in addition to Captiva Square, Bubble Room and much more. To the North is the Rauschenberg Estate, and around the corner is Chadwick's Square, which hosts Starbucks, Sunny Island Adventures, and numerous other retail opportunities. Captiva has a rich cultural history and is home to art galleries, local festivals, and boutique restaurants offering residents and visitors an enriching experience. HIGHLIGHTS: "¢ Secluded waterfront redevelopment opportunity with recently reconstructed shared dock on deepwater Roosevelt Channel "¢ Zoned RM-2 (Multiple-Family Districts) with future land use designation "Outlying Suburban," allowing up to (3) dwelling units per acre "¢ This is the only bayside development site currently available consisting of two lots "¢ Unparalleled opportunity for luxury estate homes or lucrative vacation rentals "¢ Rentals on Captiva are generally restricted to weekly, but nightly rentals were grandfathered in on this property (may transfer to a buyer) "¢ Superb walkability to Gulf Beach access points and the Village
Full Property Details
Full Property Details for 11421 Dickey Ln
General
- Sold For: $6,100,000
- Taxes: (2023)
- Status: Closed
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 224102995
- Added to Site: 393 day(s) ago
Additional Information
- Shared Amenities: No Subdivision
Exterior
- Exterior Features: Dock Included
Location
- Area: CI01 - Captiva Island
- County: Lee
- Subdivision: CAPTIVA BEACH
- Building Name: CAPTIVA BEACH
- Driving Directions: Take Sanibel Causeway, traveling north on Sanibel Captiva Rd. Continue north on Captiva Dr for approximately 3.1 miles to Dickey Ln, turn right on Dickey Lane.
- Direction Faces: North
Community
- Assoc. Fees Include: None
Utilities
- Sewer: Septic Tank
- Water: Central
- Utility Description: Electricity Available, Trash Removal, Water Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Other/See Remarks, Multi_MF
Lot Features
- Property View: Bay
- Lot Size (Acres): 0.9
- Lot Size (Sq. Ft.): 39,204
- Lot Size Source: Property Appraiser Office, Survey
- Lot Dimensions: 272 x 285 x 100 x 118
- Frontage Feet: 272
- Street/Road Desc.: Paved
- Irrigation System: None
- Lot Features: Across From Waterfront, See Remarks
- Zoning: RM-2
- Lot Description: Across From Waterfront, See Remarks
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Bay
Financial Considerations
- Price Per Acre: $6,777,777
- Tax Year: 2023
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: NANI LI I CONDOMINIUM DESC IN OR 1520 PG 2193 COMMON ELEMENT
- Property ID: 26-45-21-31-00000.00CE
- Section: 26
- Lot Number: 00CE
Listed by LSI Companies Inc.
Sold by Premier Sotheby's Int'l Realty
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Schools
Schools serving 11421 Dickey Ln
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
The Sanibel School 3840 Sanibel Captiva Road, Sanibel, FL 33957 | 6-8 | 7 mi |
Cypress Lake Middle School 8901 Cypress Lake Drive, Fort Myers, FL 33919 | 6-8 | 17.8 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 17.8 mi |
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901 | 9-12 | 20.6 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 21.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11421 Dickey Ln
Date
Details
Price
Change
Source
7/30/2025
Sold
$6,100,000
-28.24%
MLS
12/20/2024
Listed
$8,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
11421 Dickey Ln, Captiva, FL 33924 (MLS# 224102995) is a Residential Lots property that was sold at $6,100,000 on July 30, 2025. Want to learn more about 11421 Dickey Ln? Do you have questions about finding other Residential Lots real estate for sale in Captiva? You can browse all Captiva real estate or contact a Coldwell Banker agent to request more information.

