218 USEPPA ISLAND Captiva, FL $ 3,575,000
218 USEPPA ISLAND
$ 3,575,000
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218 USEPPA ISLAND

Captiva, FL, 33924
$ 3,575,000
Bedrooms5 Baths5.2 Sq 5,000

Monthly Estimate*

$ 22,012

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Single Family Home for sale in Captiva, FL

for $3,575,000 with 5 bedrooms and 5 full baths, 2 half baths. This 5,000 square foot home was built in 1989 on a lot size of 0.37.

Coves Edge is an elevated luxury retreat on coveted Useppa Island in the aquatic preserve of Pine Island Sound. Sitting well above the flood zone, this updated 5BR/5+2 BA home offers long water views, lush privacy, and exceptional amenities. Enjoy 97’ of waterfront with sand beach and riparian rights, plus a private dock with two lifts and additional space for a larger boat. A 40’ lap pool with expansive decking overlooks the Sound, surrounded by mature landscaping on one of the highest elevation points in Lee County. Interiors blend contemporary updates with Old Florida charm. Light-filled principal rooms capture stunning views throughout. The main-floor primary suite includes views of the Sound, an ensuite, walk-in closet and a private staircase to two offices/studios and multiple furnished outdoor retreats. Spacious water view kitchen with Sub-Zero fridge, double ovens, and new custom cabinets and stone countertops. Upper level offers two king guest suites with soaring ceilings, dedicated baths, and access to a 670 SF Sound-view deck and a 225 SF front deck overlooking the Useppa Palm Garden. Lower level includes a queen suite and a 4-twin bunk room for guests. Whole-home generator, hurricane protection, new AC equipment with a dedicated mechanical room and a separate golf cart garage and workshop. Offered turnkey with golf cart and most furnishings. Perfect for seasonal or full-time island living with excellent rental opportunities. Located on the southern end of the island, along the historic Pink Path and overlooking the Sound, you can keep an eye on your boat at the dock just behind the house. Coves Edge cottage is in the boating community of Useppa Island. The 110-acre Sanctuary is a private community and members-only club. With no need for gates or walls, it is surrounded by water, in the pristine Pine Island Sound and Charlotte Harbor aquatic preserves. Geographically it is in the same chain of barrier islands as Sanibel-Captiva, visible to the south, although one island east of the Gulf of America. Accessible only by boat (or aircraft), the commute to the mainland is in a special class of its own. Just a 15-minute joyful boat ride will deliver you to Boca Grande or Pine Island, and thence to all “civilized” conveniences of the mainland. The commute is special in a way that you will never tire of it. Just think-you are not stuck in traffic, or waiting for a light to change, fretting over the packed roads ahead. You are just watching the dolphins play and the birds dive, waving to passing boats with smiling passengers. Yes, not like the mainland! You might be sitting next to one of your Useppa neighbors, who has all their goods delivered to the Shore Port, where the staff will transport them to the island, and her home. Who said it is inconvenient when you don’t have roads? And this beautiful home will let you join the ranks of the smart and lucky who have already landed on Useppa as a lifestyle choice.

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Single Family Active

Price

$ 3,575,000

Bedrooms

5

Full Bath

5

Half Bath

2

Property Type

Single Family

Taxes

$ 6,055

Style

Key West

Lot Size

0.37

Year Built

1989

Town/City

Captiva

County/Region

Lee

MLS | Web ID

C7523756

Features
General
Sewer Public Sewer
Heating Central Electric Zoned
Cooling Central Air Zoned
Utilities Electricity Available Electricity Connected Phone Available Private Propane Sewer Connected Street Lights Underground Utilities Water Connected
Possession Close Of Escrow
Roof Metal
Appliances Bar Fridge Built-In Oven Cooktop Dishwasher Disposal Dryer Electric Water Heater Exhaust Fan Freezer Microwave Range Hood Refrigerator Washer Water Purifier
Zoning RM-2
HOA Fee 504.89
Garage Spaces 2
Association Fee Includes Community Pool Manager Private Road Recreational Facilities Trash
Patio/Porch Features Deck Enclosed Porch Rear Porch
Architectural Style Key West
Pool Features Above Ground Auto Cleaner Child Safety Fence Deck Fiberglass Heated
Security Features Fire Sprinkler System Smoke Detector(s)
Construction Materials Vinyl Siding
Pets Allowed Cats OK Dogs OK Number Limit
Year Built 1989
View Water
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Bay/Harbor Front Waterfront Bay/Harbor
Community Features Bay/Harbor Front Marina Water Access Waterfront Association Recreation - Owned Buyer Approval Required Clubhouse Community Mailbox Deed Restrictions Fitness Center Golf Carts OK No Truck/RV/Motorcycle Parking Pool Restaurant Sidewalks Tennis Court(s)
HOA Fee 2 1622.22
Assoc Fee Paid Per Monthly
County Lee
New Construction false
Property Type Residential
Association Amenities Clubhouse Fence Restrictions Fitness Center Pool Recreation Facilities Spa/Hot Tub Tennis Court(s) Vehicle Restrictions
Attached Garage true
Subdivision Name USEPPA ISLAND PH II
Facing Direction West
Garage Y/N true
Total Rooms 9
Full Baths 5
Status Active
Directions From I-75 or US 41 take SR 78 west to Stringfellow Road in the center of Pine Island. Turn right and continue north approximately 7 miles to the Useppa Shore Port in Bokeelia. Alternately your ride may pick you up in Four Winds Marina-Bokeelia.
City CAPTIVA
Body of Water PINE ISLAND SOUND
Association Name Oscar
Senior Community Y/N false
MLS Area 33924 - Captiva
Lot Size Units Square Feet
Lot Size Square Feet 16117
Carport Y/N false
Listing Terms Cash
HOA Fee 2 Frequency Monthly
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 6055.21
Home Warranty Y/N false
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/C7523756
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 18
Legal Description COTTAGE SITES OF USEPPA IS SITE 11-18 AS DESC IN OR 1830 PG 0809 +2384/2658
Water View Bay/Harbor - Full
Water Access Type Bay/Harbor
Minimum Lease 1-7 Days
Water Access Y/N true
Monthly HOA Amount 504.89
Additional Rooms Bonus Room Den/Library/Office Florida Room Great Room Media Room
Water View Y/N true
Flood Zone Code X
DockY/N true
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Interior
Interior Amenities Ceiling Fan(s) Eating Space In Kitchen Living Room/Dining Room Combo Open Floorplan Primary Bedroom Main Floor Stone Counters Thermostat Walk-In Closet(s) Window Treatments
Flooring Ceramic Tile Engineered Hardwood Laminate
Furnished Y/N Turnkey
Fireplace Features Gas
Air Conditioning Y/N true
Heating Y/N true
Window Features Aluminum Frames Blinds Double Pane Windows Insulated Windows Thermal Windows Tinted Windows Window Treatments
Fireplace Y/N true
Half Baths 2
Laundry Features Inside Laundry Room
Total Bedrooms 5
Total Baths 7
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Exterior
Exterior Amenities Balcony Hurricane Shutters Irrigation System Private Yard Sliding Doors
Vegetation Mature Landscaping
Parking Features Covered Golf Cart Garage Golf Cart Parking Ground Level Guest
Lot Features Historic District In County Oversized Lot Private Sidewalk Sloped Unincorporated
Water Source Public
Lot Size Area 16117
Foundation Details Concrete Perimeter
Spa false
Building Area Total 6200
Lot Size Acres 0.37
Road Surface Type Gravel
Private Pool true
Waterfront Y/N true
Covered Spaces 2
Road Frontage Type Private Road
Road Responsibility Private Maintained Road
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* Excluded Features
List By
Uip Property Company Llc

Broker

Brianmc@useppa.com

Email

Affordability Calculator

$22,516
Per Month
98%
2%
0%
Monthly Principal & Interest
$22,012
Monthly Property Taxes
$505
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/25/2026$3,575,000 Listed Price

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218 USEPPA ISLAND, Captiva, FL, 33924 is a Single Family Home for sale at $3,575,000 with 5,000 sqft and a lot size of 0.37. 218 USEPPA ISLAND has 5 bedrooms, 5.2 baths, and was built in 1989. The property's zip code is 33924 which is in Captiva, FL