2669 W Gulf Dr, Sanibel, FL 33957
- $11,000,000
- List Price
- $11,000,000
- Listing Price
- $11,000,000
- Days on Market
- 126
- MLS#
- 2026014295
- County
- Lee
- Region
- SI01 - Sanibel Island
- Development
- Caribe Beach Resort Condo Timeshare
- Subdivision
- Caribe Beach Resort Condo Timeshare
- Lot Type
- Acreage
- Land Area sqft
- 124,581
- County
- Lee
- Region
- SI01 - Sanibel Island
Property Description
• This remarkable 2.86 +/- acre beach-front property sits along the Gulf of Mexico, boasting 200 feet of pristine white sand beach. • The 1978 Coastal Construction Line allows 1.7 acre of net buildable land. Per Sanibel Density Map, the property is located in the 5.0 units per acre allowing for development of up to 14 residential units. • The property presents an exceptional opportunity for a buyer interested in developing a high-end luxury 14-unit condominium project. • The property is primed for a visionary buyer to create a state-of-the-art destination on Sanibel Island. • Poised for a 3-story over parking, 14 unit luxury condominium project. • The property is located within the Gulf Ridge Eco Zone which allows a maximum impermeable coverage of 25% for building, sidewalks, pool decking, etc. • Strategically located in close proximity to other notable islands in Southwest Florida, such as Captiva, Pine Island, Fort Myers Beach, and various local attractions such as Captiva, Pine Island, Fort Myers Beach, and various local attractions.
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Additional Information
- Usage
- Multi_MF, Other/See Remarks
- Water
- Central
- Sewer
- Central
- Waterfront Description
- Gulf Frontage, On the Gulf Beach
- Boat Access
- None
- View
- Gulf, Water
- Irrigation
- None
- Lot Description
- Across From Beach Access, Regular
- Lot Frontage
- 196
- Total Tax Bill
- $16,812
- Tax Year
- 2025
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Listing courtesy of LSI Companies Inc..