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11525 Laika Lane, Captiva, FL 33924

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For Sale

$1,599,000

4 beds • 2 baths • 2 half baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 41-50 Years Old
    Age

Explore this Property

Introducing Starfish East & West - Hitting the market for the first time since it was built generations ago, the family who built these cottages are ready for another lucky island family to enjoy them as much as they have. This grandfathered multifamily beach cottage located in the desirable north end of the Captiva Village on picturesque Laika Lane, a graded shell and sand street lined with crooked palms leading your way to the sands of Captiva's beaches. Offering a flexibility that cannot be duplicated today, this duplex cottage is comprised of two completely separate 2-bedroomresidences each with their own laundry and own private entrance located off a shared open deck. The properties have the ability to be rented separately to maximize the potential return or if desired an owner could use one unit while keeping the other side for guests or leasing the other unit to offset costs. The options are what make this property perfect for a multitude of needs. Elevated on wood pilings with a new gable style shingle roof in 2023, this property is resilient to tropical conditions, keeping the cost to insure low. The 75' wide property is comprised of one and a half lots offering unparalleled privacy as well as an abundance of space for the addition of a pool and outdoor living amenities or for potential redevelopment in the future.
MLS# 225013051

Courtesy Of Premier Sotheby's Int'l Realty

(239) 472-2735

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Deck
  • Floor Covering
    Tile
  • Lot Size
    0.23 Acres

Map and Directions

Directions to 11525 Laika Lane, Captiva, FL 33924

Home seller CENTURY 21 SUNBELT REALTY

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CENTURY 21 SUNBELT REALTY

(239) 283-1100
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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