515 Useppa Captiva, FL $ 1,260,000
515 Useppa
$ 1,260,000
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515 Useppa

Captiva, FL, 33924
$ 1,260,000
Bedrooms3 Baths2.0 Sq 1,708

Monthly Estimate*

$ 7,758

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Single Family Home for sale in Captiva, FL

for $1,260,000 with 3 bedrooms and 2 full baths. This 1,708 square foot home was built in 1980 on a lot size of 0.06.

Introducing Laguna Cottage, a beautifully updated waterfront villa located within the charming Village enclave of Useppa Island. Positioned to capture picturesque northwest-facing views over Pine Island Sound and the Intracoastal Waterway, this thoughtfully designed 3-bedroom, 2-bath residence with office/den offers 1,708± square feet of air-conditioned living space and the relaxed elegance synonymous with island living. This attached villa has been tastefully updated and appointed with impact-rated windows & doors, Serena & Lilly furnishings, and vintage coastal accoutrements, blending timeless coastal character with modern comfort. The open-concept living and dining areas are filled with natural light and showcase captivating water views from both the first and second floors. A welcoming fireplace adds warmth and charm to the main living space, while multiple outdoor seating areas invite quiet mornings, sunset gatherings, and evening stargazing. The updated and fully equipped kitchen features stainless steel appliances, including a propane range, custom tile accents, abundant cabinetry, and functional workspace ideal for both casual living and entertaining. Rich design details throughout the home include recessed lighting, stylish fixtures, and numerous ceiling fans that complement the island aesthetic. Recent improvements enhance both comfort and peace of mind, including a new roof installed in 2024, two-zoned HVAC systems replaced in November 2024, and replacement of the water heater, dishwasher, disposal, and propane tank in late 2025. Additional landscape improvements were completed in spring 2026, further enhancing the property’s inviting outdoor setting with lush tropical foliage. Plans to install pavers leading to the entrance are underway, with installation scheduled for the near future. The flexible floor plan offers the opportunity for a primary suite upstairs or downstairs. On the ground floor is a spacious bedroom with a full en-suite bath, complete with direct access to the wraparound deck. Upstairs is another primary option with a sitting room, separate office, and private balcony overlooking the water toward Boca Grande. Another guest room with Jack-and-Jill bath complements it all. Ownership includes dockage for one vessel up to 24 feet at a community dock located directly behind the cottage, offering convenient access to the surrounding waters of Southwest Florida. Laguna Cottage offers an opportunity to establish a true island lifestyle upon closing, complete with the convenience of dockage and world-class water views. Useppa Island is a private membership-only island, and all interested parties are encouraged to explore all aspects of its private Club and what it has to offer residents. The Club came under new ownership in 2025 and is undergoing a comprehensive, multi-million-dollar renovation of its facilities and infrastructure in an effort to create a one-of-a-kind private island experience.

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Single Family Active

Price

$ 1,260,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 8,838

Style

Two Story, Duplex

Lot Size

0.06

Year Built

1980

Town/City

Captiva

County/Region

Lee

MLS | Web ID

2026022591

Features
General
Sewer Public Sewer
Heating Central Electric Zoned
Cooling Central Air Electric Zoned
Utilities Cable Not Available Natural Gas Available High Speed Internet Available Underground Utilities
Possession Close Of Escrow
Roof Metal
Appliances Dryer Dishwasher Freezer Gas Cooktop Disposal Microwave Refrigerator Wine Cooler Washer
HOA Fee 0
Garage Spaces 0
Association Fee Includes Other Road Maintenance Street Lights Trash
Patio/Porch Features Balcony Deck Open Patio Porch
Architectural Style Two Story Duplex
Pool Features Community
Security Features Smoke Detector(s)
Construction Materials Vinyl Siding Wood Frame
Pets Allowed Call Conditional
Year Built 1980
View Bay Landscaped Mangroves Trees/Woods Water
Stories Count 2
Levels Two
Property Subtype Attached
Tax Year 2025
Ownership Single Family
Waterfront Features Bayfront Across the Road Water Frontage
Community Features Boat Facilities Street Lights
HOA Fee 2 0
County Lee
Property Type Residential
Association Amenities Bocce Court Boat Dock Marina Fitness Center Other Pickleball Private Membership Pool Restaurant Spa/Hot Tub See Remarks Tennis Court(s) Trail(s)
HOA false
Subdivision Name USEPPA ISLAND
Facing Direction South
Garage Y/N false
Other Structures Guest House Attached
Total Rooms 0
Full Baths 2
Status Active
Directions This property is located on an island without bridges or roads and a boat is required for access. Please contact listing agent to discuss the options available and specific instructions to access the property.
City Useppa Island
Disclosures Deed Restriction Owner Has Flood Insurance RV Restriction(s)
Land Lease Amount 0
Senior Community Y/N false
Zoning Description RM-2
MLS Area OI01 - Outer Islands
Lot Size Units Acres
Carport Spaces 0
Carport Y/N false
Property Attached Y/N true
Tax Annual Amount 8838.87
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026022591
Structure Type Duplex
Standard Status Active
Tax Lot 15
Property Sub Type Additional Attached Duplex Villa
Legal Description USEPPA VILLAGE E 1/2 LOT III DESC IN OR 1706/4251 + 3462/438
HOA Fee 3 0
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Interior
Interior Amenities Built-in Features Bedroom on Main Level Fireplace Living/Dining Room Other See Remarks Shower Only Separate Shower Tub Shower Window Treatments Home Office Split Bedrooms
Flooring Other Tile
Furnished Y/N Furnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Window Features Other Impact Glass Window Coverings
Fireplace Y/N true
Half Baths 0
Laundry Features Inside
Total Bedrooms 3
Entry Level 1
Room Type Bathroom Den Guest Quarters Office Other
Total Baths 2
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Exterior
Exterior Amenities Deck Security/High Impact Doors Sprinkler/Irrigation Outdoor Grill Other Patio Gas Grill
Parking Features Driveway Golf Cart Garage Unpaved
Lot Features Other Sprinklers Automatic
Water Source Public
Lot Size Area 0.06
Foundation Details Pillar/Post/Pier Raised
Spa false
Building Area Total 2469
Lot Dimensions 33 x 92 x 28 x 91
Lot Size Acres 0.06
Private Pool false
Lot Size Source Appraiser
Waterfront Y/N true
Covered Spaces 0
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* Excluded Features
List By
Jim Fischer

Listing Agent

Century 21 Sunbelt Realty

Broker

jim@jimfischerrealtor.com

Email

Affordability Calculator

$8,495
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,758
Monthly Property Taxes
$737
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
5/26/2026$1,260,000 Listed Price

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515 Useppa, Captiva, FL, 33924 is a Single Family Home for sale at $1,260,000 with 1,708 sqft and a lot size of 0.06. 515 Useppa has 3 bedrooms, 2.0 baths, and was built in 1980. The property's zip code is 33924 which is in Captiva, FL