2761 W Gulf Dr, Sanibel, FL 33957
- $1,500,000
- List Price
- $1,500,000
- Listing Price
- $1,500,000
- Price Change
- ▼ $295,000 1767848170
- Days on Market
- 326
- MLS#
- 2025009243
- County
- Lee
- Region
- SI01 - Sanibel Island
- Development
- Nutmeg Village
- Subdivision
- Nutmeg Village
- Lot Type
- Acreage
- Land Area sqft
- 21,692
- County
- Lee
- Region
- SI01 - Sanibel Island
Property Description
A Landmark Reimagined – Rare ½ Acre Commercial/Residential Opportunity on West Gulf Drive! Once home to The Sandbar, a beloved island steak and seafood house that embodied Sanibel’s “true island environment,” this cleared half-acre parcel is now poised for its next chapter. Nestled within earshot of the Gulf waves and with the distinction of a prime island address along prestigious West Gulf Drive, the property presents a rare opportunity to shape the island’s future in one of its most coveted settings. The possibilities are as limitless as your vision. Imagine a thriving commercial venture, a welcoming restaurant or boutique, a thoughtfully planned multi-family development, or an exclusive private coastal retreat—this property is the blank canvas to bring those dreams to life. Its location is unmatched: just steps from the brand-new Shalimar Resort, a short stroll to a nearby beach access, a quick bike ride to Bit of Bailey’s Grocery and Rosalita’s Cantina in the revitalized Rabbit Road Center, within easy reach of the Sanibel Rec Center, and just across the street from the beloved shared use path. Rich in history and alive with potential, this is more than just land—it’s an invitation to contribute to Sanibel’s ongoing revitalization. Create something meaningful, build lasting value, and leave your legacy on one of Florida’s most treasured islands.
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Additional Information
- Usage
- Commercial, Multi_MF, Single Family
- Road
- Paved
- Water
- Central
- Sewer
- Central
- Waterfront Description
- None
- Boat Access
- None
- View
- Landscaped Area
- Irrigation
- None
- Lot Description
- Oversize, Build to Suit, Cleared, Filled
- Lot Frontage
- 180
- Total Tax Bill
- $6,146
- Tax Year
- 2024
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Listing courtesy of Michael Saunders & Company.