515 Useppa Is, Captiva, FL 33924
Property image
Property image
FOR SALE
3D VIEW

$1,260,000

  • 3 Beds
  • 2 Baths
  • 1,708 sqft

515 Useppa Is, Captiva, FL 33924

Useppa Island
Est. Mortgage $8,686/mo*
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Home Highlights

Multi-Family
Built in 1980
$738/sqft
Garage

Local Information

  • Map ViewExplore the area around 515 Useppa Is.
  • Schools1 Preschool School1 Elementary School1 Middle School5 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

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, an uncommon find among similar units on Useppa.

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, new tankless 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 a turnkey 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.
Last check for updates: about 18 hours ago
Listing courtesy of Rogan White, (239) 671-1710
Century 21 Sunbelt Realty
Chris Miles, (239) 246-6464
Century 21 Sunbelt Realty
Originating MLS: Florida Gulf Coast
Source: Florida Gulf Coast MLS, MLS#2026022591
Also Listed on Florida Gulf Coast MLS.

Home Details for 515 Useppa Is

Active Status

MLS Status: Active

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1708 Square Feet
Appliances & Utilities
Utilities: Cable Not Available, Natural Gas Available, High Speed Internet Available, Underground UtilitiesAppliances: Dryer, Dishwasher, Freezer, Gas Cooktop, Disposal, Microwave, Refrigerator, Wine Cooler, WasherDishwasherDisposalDryerLaundry: InsideMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Central,Electric,ZonedHas CoolingAir Conditioning: Central Air,Electric,ZonedHas HeatingHeating Fuel: Central
Fireplace & Spa
Has a FireplaceNo Spa
Windows, Doors, Floors & Walls
Window: Other, Impact Glass, Window CoveringsFlooring: Other, Tile
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Other, Tile
View
Has a ViewView: Bay, Landscaped, Mangroves, Trees/Woods, Water
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Balcony, Deck, Open, Patio, PorchOther Structures: Guest House AttachedExterior: Deck, Security/High Impact Doors, Sprinkler/Irrigation, Outdoor Grill, Other, Patio, Gas GrillFoundation: Pillar/Post/Pier, RaisedNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Driveway,Golf Cart Garage,Unpaved
Pool
Pool: Community
Frontage
WaterfrontWaterfront: Bayfront, Across the Road Water FrontageOn Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 82Days on Market: 115

Property Information

Year Built
Year Built: 1980
Property Type / Style
Property Type: ResidentialProperty Subtype: Duplex, Single Family ResidenceStructure Type: DuplexArchitecture: Two Story,Duplex
Building
Construction Materials: Vinyl Siding, Wood FrameAttached To Another Structure
Property Information
Condition: ResaleParcel Number: 0944210200003.0000

Price & Status

Price
List Price: $1,260,000Price Per Sqft: $738
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Useppa IslandCommunity: USEPPA ISLAND

Agent Information

Listing Agent
Listing ID: 2026022591

Building

Building Area
Building Area: 2469 Square Feet

Community

Community Features: Boat Facilities, Street LightsNot Senior CommunityUnits in Building: 2

HOA

HOA Fee Includes: Other, Road Maintenance, Street Lights, TrashHOA Phone: 239-283-1061Association for this Listing: Florida Gulf CoastNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 2613.6 sqft

Offer

Listing Terms: All Financing Considered, Cash

Business

Business Information
Ownership: Single Family

Rental Terms, Policies & Fees

Furnished

Miscellaneous

Mls Number: 2026022591Living Area Range Units: Square FeetWater ViewWater View: Bay, WaterAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12071-N-09442102000030000-R-N

Additional Information

HOA Amenities: Bocce Court,Boat Dock,Marina,Fitness Center,Other,Pickleball,Private Membership,Pool,Restaurant,Spa/Hot Tub,See Remarks,Tennis Court(s),Trail(s)Source Internet Entire Listing Display

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

Market trends in Bokeelia

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
96
8
MoM

Home Value

Trulia Estimate
$776K
Since last month
Increased$20K (+2.7%)
Since last year
Increased$183K (+30.6%)
Since last sale
Increased$355K (+83.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -34% in the last 10 years
MonthEstimated value
2026
September 2026$780K
August 2026$760K
July 2026$640K
June 2026$682K
May 2026$1.26M
April 2026$617K
March 2026$593K
February 2026$569K
January 2026$583K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.07
Multi-Family Home
$625,000
02/26/26
3
2
1,362
0.06
Multi-Family Home
$850,000
04/22/26
3
2
1,455
0.34
Multi-Family Home
$1,025,000
05/29/26
2
2
1,552
4.72
Multi-Family Home
$660,000
10/14/25
5
5
2,580
4.70
Multi-Family Home
$1,050,000
12/05/25
8
5
6,820
6.09
Multi-Family Home
$430,000
10/10/25
4
4
2,520

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$856,800
3
3
1,588
Off Market
0.03
$937,600
3
3
1,786
Off Market
0.09
$995,000
2
2.5
1,459
For Sale
0.05
$881,100
3
3
1,679
Off Market
0.06
$850,000
3
2
1,455
Recently Sold
0.07
$625,000
3
2
1,362
Recently Sold
0.08
$885,900
3
3
1,609
Off Market
0.15
$1,900,000
5
3.5
2,992
Recently Sold
0.15
$1,900,000
5
3.5
2,992
Recently Sold
0.15
$790,000
-
-
-
For Sale
0.16
$850,000
-
-
-
For Sale

Price and Tax history

DateEventPrice
May 26, 2026
Source: Florida Gulf Coast MLS #2026022591
Listed For Sale
$1,260,000
Jul 12, 2019
Source: Agent Provided
ListingRemoved
$580,000
Jun 17, 2019
Source: Agent Provided
Pending
$580,000
May 9, 2019
Source: Agent Provided
Listed For Sale
$580,000
May 19, 2017
Source: Florida Gulf Coast MLS #216022199
Sold
$425,000

LGBTQ Local Legal Protections

Rogan White, Century 21 Sunbelt Realty
Agent Phone: (239) 671-1710
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 515 Useppa Is

  • What is the estimated monthly payment for 515 Useppa Is?
    Based on a $1,260,000 list price with 20% down at today's rates, the estimated monthly payment for 515 Useppa Is in Captiva, FL is approximately $8,394 (about $6,849 principal & interest, $1,470 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What are the closest schools to 515 Useppa Is?
    The closest schools to 515 Useppa Is in Captiva, FL are Cape Coral High School (rated 5/10), Ida S. Baker High School (rated 3/10), Island Coast High School (rated 2/10).
  • What is 515 Useppa Is estimated to be worth?
    Trulia's estimated value for 515 Useppa Is in Captiva, FL is $776,000.
  • Does 515 Useppa Is have air conditioning?
    Yes, 515 Useppa Is in Captiva, FL has air conditioning.
  • Does 515 Useppa Is have a pool?
    Yes, 515 Useppa Is in Captiva, FL has a pool.
  • Does 515 Useppa Is have laundry facilities?
    Yes, 515 Useppa Is in Captiva, FL has in-unit laundry.
515 Useppa Is, Captiva, FL 33924 is a 3 bedroom, 2 bathroom, 1,708 sqft multi-family built in 1980. 515 Useppa Is is located in Useppa Island, Captiva. This property is currently available for sale and was listed by Florida Gulf Coast MLS on May 26, 2026. The MLS # for this home is MLS# 2026022591.