$1,250,000
$1,599,000
21.8%For more information regarding the value of a property, please contact us for a free consultation.
11525 Laika LN Captiva, FL 33924
4 Beds
4 Baths
1,506 SqFt
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,506 sqft
Price per Sqft $830
Subdivision Captiva Beach
MLS Listing ID 225013051
Style See Remarks
Bedrooms 4
Full Baths 2
Half Baths 2
Year Built 1977
Annual Tax Amount $18,368
Tax Year 2024
Lot Size 10,105 Sqft
Property Sub-Type Duplex
Property Description
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.
Location
State FL
County Lee
Community Captiva Beach
Area Ci01 - Captiva Island
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Exterior
Exterior Feature Deck
Community Features Non- Gated
Utilities Available Cable Available
Amenities Available Other
Waterfront Description None
Roof Type Shingle
Building
Lot Description Irregular Lot
Foundation Pillar/ Post/ Pier, Raised
Sewer Septic Tank
Water Public
Structure Type See Remarks,Wood Frame
Others
Acceptable Financing All Financing Considered, Cash
Listing Terms All Financing Considered, Cash
Pets Allowed Yes
Read Less
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