Discover coastal living in this enchanting bayfront cottage, perfectly positioned within the prestigious South Seas Resort on Captiva. This vintage 1964 residence, boasting 3 bedrooms and 3 baths, captures the essence of "Olde Captiva" style while offering exceptional renovation potential. Situated on two contiguous lots with subdivision possibilities, this property presents a rare opportunity to create up to three distinct structures. The property features two new boat docks, including a coveted grandfathered-in covered boathouse, offering direct access to the Gulf of Mexico and Intracoastal Waterway with no bridges to navigate. Nature enthusiasts will delight in the abundant wildlife, with frequent visits from dolphins, manatees, snook, herons, and pelicans. This area serves as a premier spot for fishing enthusiasts, while the pristine Captiva Beach lies just across the road. The property's strategic position within South Seas opens the door to world-class amenities through available membership options. Whether seeking to preserve the authentic charm or envisioning a grand transformation, this property presents an extraordinary opportunity to create your ideal coastal sanctuary.