2761 W Gulf DR new

Sanibel,FL 33957

$ 1795000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Acreage

Listing Status Active

Purchase Type For Sale

Subdivision Nutmeg Village

MLS Listing ID 2025009243

Annual Tax Amount $6,146

Tax Year 2024

Lot Size 0.498 Acres

Acres 0.498

Property Sub-Type Acreage

Source Florida Gulf Coast

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.

Location

State FL

County Lee

Area Si01 - Sanibel Island

Exterior

Community Features Non-Gated

Utilities Available Cable Available,Electricity Available,Phone Available,Sewer Available,Water Available

Waterfront Description None

View Y/N Yes

View Landscaped Area

Present Use Commercial,Multi_MF,Single Family

Street Surface Paved

Private Pool No

Building

Lot Description Oversize,Build to Suit,Cleared,Filled

Sewer Central

Water Central

Others

HOA Fee Include None

Tax ID 35-46-22-T1-00003.0010

Acceptable Financing Buyer Finance/Cash

Listing Terms Buyer Finance/Cash

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