Updated Aug 17, 2026
Valerie Tutor Of Kingfisher Real Estate Represents Sale Of Historic Estate For $10M In Captiva
15735 Captiva Drive & 15737 Captiva Drive
$10,000,000
Building Size
—
Asset Type
Single Family
Closing
Aug 12, 2026
About this deal
AI
A historic 6,313-square-foot waterfront estate known as “Dolphins Crossing” located at 15735-15737 Captiva Drive on Captiva Island has been sold for $10 million. This single-family asset encompasses 0.66 acres and features a restored historic boathouse that hosted Theodore Roosevelt during his 1917 expedition to Captiva Island.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $10,000,000
- Address: 15735-15737 Captiva Drive
- Market: Captiva, FL
- Acres: 0.66
- Broker: Valerie Tutor - Kingfisher Real Estate
This transaction was represented by Valerie Tutor, an agent from Kingfisher Real Estate, ensuring a successful closing for this unique property. The estate is one of the rare waterfront properties on the island, adding to its desirability in the market.
Captiva Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93