5706 Sanibel Captiva Road
Sanibel, FL, 33957 $ 699,000
Baths0.0 Monthly Estimate*
$ 4,414
Studio for $699,000. The lot size is 1.387.
Welcome to 5706 Sanibel Captiva Road—arguably the best-priced waterfront property on Sanibel Island and one of the most substantial boating opportunities available across Sanibel and Captiva. Set on a commanding 1.39 acres with more than 300 feet of direct deep-water frontage, this is not merely waterfront property—it is front-row access to the intracoastal playground of Pine Island Sound and the open turquoise waters of the Gulf of Mexico. The West End location offers an increasingly rare combination of privacy, acreage, boating access, and convenience. The property is just minutes by bicycle from the island’s renowned beaches, Blind Pass, and the historic Santiva enclave. A quick trip brings you to Captiva Island for waterfront dining, boutique shopping, and legendary destinations such as The Mucky Duck, The Green Flash, and the iconic Captiva Island Store. Build here and position your future home for sweeping views toward the Gulf over Silver Key and sunsets that require no filter. Mangrove-lined shoreline, protected bayou waters, exceptional wildlife, and direct boating access create the kind of setting people spend years trying to find. The water here is not simply decorative—it is alive. Manatees cruise past the shoreline, dolphins regularly put on a show, and Snook, Redfish, Snapper, and Sheepshead make the surrounding waters a year-round fishery. Overhead, Osprey and Bald Eagles patrol the sky. It is nature’s highway, and this property gives you one of the best seats on it. A property survey, marine survey, engineering study, and architectural plans for a custom approximately 3,000-square-foot elevated coastal residence, boat dock, and lift have already been completed and are transferable, representing a substantial savings of time and money already absorbed by the current owner. Simply put, buyers seeking the strongest waterfront value currently available on Sanibel should put this property at the top of their list. This is not just another vacant lot. It is a launch point for early-morning fishing runs, sunset cruises, tarpon seasons, island weekends, and a lifetime on the water. For the buyer who views boating not merely as a hobby but as a way of life, this is home port.
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FeaturesGeneralSewer Public Sewer
Utilities Electricity Available Sewer Available Trash Collection Water Available
Possession Close Of Escrow
HOA Fee 0
Association Fee Includes None
View Canal Water Mangroves
Property Subtype Residential
Tax Year 2025
Current Use Single Family
Waterfront Features Canal Access
Community Features Boat Facilities See Remarks
HOA Fee 2 0
County Lee
Property Type Land
Association Amenities See Remarks
Subdivision Name CASTAWAY ESTATES
Facing Direction Southeast
Possible Use See Remarks
Status Active
City Sanibel
Land Lease Amount 0
Senior Community Y/N false
MLS Area SI01 - Sanibel Island
Lot Size Units Acres
Tax Annual Amount 10412.57
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026010651
Standard Status Active
Tax Lot 19A
Property Sub Type Additional Residential Unimproved Land
Legal Description PARL IN G L 12 DESC OR1835/2984 AKA LTS 19A 20A+21A CASTAWAY ESTS
HOA Fee 3 0
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ExteriorVegetation Brush
Lot Features Oversized Lot See Remarks
Water Source Public
Lot Size Area 1.387
Lot Dimensions 300 x 200 x 300 x 200
Lot Size Acres 1.387
Road Surface Type Paved
Lot Size Source Appraiser
Waterfront Y/N true
Covered Spaces 0
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByMichael Saunders & CompanyBroker
evandupont@michaelsaunders.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,414
- Monthly Property Taxes
- $868
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Sanibel, FL
Average List Price $1,802,586
Percent of Sale Price 158%
About Sanibel, FL 6,952 Population
15% Since 2002
$ 105,726 Median Income
69.9 Median Age
9% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/15/2026 | $699,000 | -22.25% | Price Down |
| 3/2/2026 | $899,000 | | Listed Price |