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AUCTION WITHOUT RESERVE
11664 Foster Bay Dr, Captiva, FL
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By private appointment only. Call to schedule.
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Friday, July 15, 2022 • 11 AM EDT • Off Site
PROPERTY SPECIFICATIONS
- 3.5 total acres
- 75′ x 158′ x 75′ x 143′
- 6 buildable lots + 2 additional sites
- Being sold as unimproved land
- Well & septic previously permitted for lot 20 for 380′ well
- Building plans available
- Direct Gulf access
- 12 parcels included
- 300’ bay-side dock
- Shelling, wildlife & world-class fishing
- Barge service to mainland
- MUD performed on lots 19, 20, 52, 53, 54, 55
- 200’ of white-sand beachfront on Gulf side
- Incredible sunsets
- Located on South end of North Captiva Island
- Last listed at $3.5M
- 11630 Red Fish Shores Dr (.31 acres) recently sold for $399k; Construction begins this month (lot 44)
Auction Without Reserve
– Remote Bidding Available –
Breathtaking sunsets, stunning Gulf views, a private white-sand beach, and a boat dock with direct Gulf access! This 3.5 acre undeveloped property on the South end of North Captiva Island makes for the perfect spot to build a luxurious beachfront home.
An extremely rare, off-the-grid, beach-to-bay paradise on Florida’s “Lee Island Coast,” this extraordinary property offers peace, privacy and convenient access by boat to some of the world’s best sport fishing at nearby Boca Grande Pass.
Approximately 200 ft of private Gulf of Mexico beachfront, with incredible sunsets, gently-rolling blue-green water, great shelling, nature watching, and world-class fishing. this auction represents the chance of a lifetime for a determined buyer to acquire a truly special seaside property.
12 parcels are included, as is a beautiful 300 ft dock on the bay side. Currently, there are six buildable sites and two additional sites for additional dock space or a custom luxury residence.
About North (Upper) Captiva Island
North Captiva Island (Upper Captiva) is an island in Lee County in Southwest Florida, located just offshore in the Gulf of Mexico. Located just north of Captiva Island (Lower Captiva), it is separated by a channel called Redfish Pass and lies just south of La Costa Island, separated there by Captiva Pass.
Like Captiva and Sanibel Islands, North Captiva is a barrier island to Pine Island (to the east of Captiva and north of Sanibel), and is very narrow. There is no automobile access to the island. It is privately owned. North Captiva is just a short boat ride to Cayo Costa State Park, also accessible only by boat, and world-class fishing at Boca Grande Pass.
With about 300 homes built and 300 vacant lots, the island is about half way to build out. Since the island can be accessed by boat or seaplane only, North Captiva real estate values are generally lower than on Captiva.
Development of the island began in the 1960s, with commercial electric and phone service established in the mid 1980s. About half of the island is owned by the State of Florida and is part of a state park. All other areas are privately owned including the roads. A regular passenger ferry service runs from Pine Island Marina at two-hour intervals, serving both tourists and locals. There is also barge service for transporting construction and other materials to and from the island.
Rare and one-of-a-kind, 11664 Foster Bay Dr is being sold for land value only, and is going to the highest bidder, regardless of price.
Hurry! This one will not last long!
Bid either live, in-person at the Elite Auctions main office in Naples, or remotely, and be ready to bid by 11 AM, July 15, 2022!
11664 Foster Bay Dr, Captiva, FL 33924
This property is listed for sale by licensed real estate agent Shari Haling (Lic # SL3157292, ph: 239.671.5626) with KW Fort Myers & The Islands (ph: 239.236.4350). Elite Auctions is a marketing service provider for auctions and is not a licensed real estate broker. The auction services referred to herein are not available to residents of any state where prohibited by applicable state law. Elite Auctions, its agents and affiliates, broker partners, auctioneer, and sellers do not warrant or guarantee the accuracy or completeness of any information and shall have no liability for errors or omissions or inaccuracies under any circumstances in this or any other property listings or advertising, promotional or publicity statements and materials. This is not meant as a solicitation for listings. Brokers are protected and encouraged to participate. All bidders are required to pre-register for each property auction in accordance with the Terms and Conditions. Equal Housing Opportunity. In cooperation with James Gall, Jr., Florida-licensed auctioneer (#AU-2) and real estate broker (LIC # BK300662) for Elite Auctions. Elite Auctions is a licensed Florida auction business AB3687.
To pre-register to bid, call 844-94-ELITE or email bid@eliteauctions.com.
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