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For sale
  • $3,575,000

    218 Useppa Is, Captiva, FL 33924

    5beds
    5,000sqft
    : 
    Single Family Residence
    Built in 1989
    0.37 Acres Lot
    $3,342,000 Zestimate®
    $715/sqft
    $2,127/mo HOA

    What's special

    Lush privacyElevated luxury retreatLong water viewsWalk-in closetMultiple furnished outdoor retreats
    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.
    9 days
    |
    181
    |
    5
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    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: March 26, 2026 at 03:59am

    Listing Provided by:

    Brian McColgan 239-410-7850,

    UIP PROPERTY COMPANY LLC 239-410-7850

    Source: Stellar MLS,MLS#: C7523756MLS LogoOriginating MLS: Port Charlotte

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 7
      • Full bathrooms: 5
      • 1/2 bathrooms: 2
      Rooms
      • Room types: Bonus Room, Den/Library/Office, Florida Room, Great Room, Media Room
      Primary bedroom
      • Features: Multiple Shower Heads, Walk-In Closet(s)
      • Level: Second
      • Area: 270 Square Feet
      • Dimensions: 15x18
      Bedroom 2
      • Features: Tub With Shower, Built-in Closet
      • Level: Third
      • Area: 165 Square Feet
      • Dimensions: 15x11
      Bedroom 3
      • Features: Tub With Shower, Built-in Closet
      • Level: Third
      • Area: 247 Square Feet
      • Dimensions: 13x19
      Bedroom 4
      • Features: En Suite Bathroom, Built-in Closet
      • Level: First
      • Area: 143 Square Feet
      • Dimensions: 13x11
      Bedroom 5
      • Features: Ceiling Fan(s), Built-in Closet
      • Level: First
      Great room
      • Features: Ceiling Fan(s), Coat Closet
      • Level: Second
      • Area: 560 Square Feet
      • Dimensions: 20x28
      Kitchen
      • Features: Granite Counters
      • Level: Second
      • Area: 221 Square Feet
      • Dimensions: 13x17
      Office
      • Features: En Suite Bathroom, Built-in Closet
      • Level: Third
      • Area: 165 Square Feet
      • Dimensions: 11x15
      Workshop
      • Features: Built-in Closet
      • Level: First
      • Area: 270 Square Feet
      • Dimensions: 15x18
      Heating
      • Central, Electric, Zoned
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Bar Fridge, Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range Hood, Refrigerator, Washer, Water Purifier
      • Laundry: Inside, Laundry Room
      Features
      • 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)
      • Flooring: Ceramic Tile, Engineered Hardwood, Laminate
      • Doors: Sliding Doors
      • Windows: Blinds, Double Pane Windows, Insulated Windows, Window Treatments, Hurricane Shutters
      • Has fireplace: Yes
      • Fireplace features: Gas
      Interior area
      • Total structure area: 6,200
      • Total interior livable area: 5,000 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Covered, Golf Cart Garage, Golf Cart Parking, Ground Level, Guest
      • Attached garage spaces: 2
      • Details: Garage Dimensions: 15x20
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Deck, Enclosed, Porch, Rear Porch
      • Exterior features: Balcony, Irrigation System, Private Yard
      • Has private pool: Yes
      • Pool features: Above Ground, Auto Cleaner, Child Safety Fence, Deck, Fiberglass, Heated
      • Has view: Yes
      • View description: Water, Bay/Harbor - Full
      • Has water view: Yes
      • Water view: Water,Bay/Harbor - Full
      • Waterfront features: Bay/Harbor Front, Waterfront, Bay/Harbor, Bay/Harbor Access, Lift
      • Body of water: PINE ISLAND SOUND
      Lot
      • Size: 0.37 Acres
      • Features: Historic District, In County, Oversized Lot, Private, Sidewalk, Sloped, Unincorporated
      • Residential vegetation: Mature Landscaping
      Details
      • Parcel number: 0944210100002.0180
      • Zoning: RM-2
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Key West
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Concrete Perimeter
      • Roof: Metal
      Condition
      • Completed
      • New construction: No
      • Year built: 1989

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Electricity Connected, Phone Available, Private, Propane, Sewer Connected, Street Lights, Underground Utilities, Water Connected

      Community & HOA

      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)
      • Security: Fire Sprinkler System, Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: USEPPA ISLAND PH II
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Fence Restrictions, Fitness Center, Pool, Recreation Facilities, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
      • Services included: Community Pool, Manager, Private Road, Recreational Facilities, Trash
      • HOA fee: $2,127 monthly
      • HOA name: Oscar
      • HOA phone: 239-283-1061
      • Second HOA name: Useppa Island Partners LLC
      • Second HOA phone: 239-283-1061
      Location
      • Region: Captiva

      Financial & listing details

      • Price per square foot: $715/sqft
      • Annual tax amount: $6,055
      • Date on market: 3/25/2026
      • Cumulative days on market: 10 days
      • Listing terms: Cash
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Gravel
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        Estimated market value

        $3,342,000

        $3.17M - $3.51M

        $5,446/mo

        Price history

        Price history
        DateEventPrice
        3/25/2026Listed for sale$3,575,000+110.3%$715/sqft
        Source: Stellar MLS #C7523756 Report a problem
        4/3/2019Listing removed$1,700,000$340/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker #D6101382 Report a problem
        7/12/2018Listed for sale$1,700,000$340/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker #D6101382 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $24,066/mo
        Principal & interest
        $17768
        Property taxes
        $4171
        HOA Fees
        $2127
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          Climate risks

          Neighborhood: Useppa Island

          Getting around

          2 / 100
          Car-Dependent
          49 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 33924

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