Properties for sale - 2761 W Gulf DR, Sanibel, FL 33957

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Monica Cataluña, CCIM

monica@koresrealty.com +1(954) 812-1831

$1,795,000

Est. payment - /mo

0.5 Acres Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Acreage

Listing Status Active

Purchase Type For Sale

Subdivision Nutmeg Village

MLS Listing ID 2025009243

Construction Status To Be Built

HOA Y/N No

Annual Tax Amount $6,146

Tax Year 2024

Lot Size 0.498 Acres

Acres 0.498

Lot Dimensions Appraiser

Property Sub-Type Acreage

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

Community Nutmeg Village

Area Si01 - Sanibel Island

Direction North

Rooms

Bedroom Description NaN

Interior

Furnishings Furnished

Fireplace No

Exterior

Community Features Non- Gated

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

Waterfront Description None

Water Access Desc Public

View Landscaped

Present Use Commercial,Multi-Family,Single Family

Garage No

Building

Lot Description Cleared, Oversized Lot, Acreage

Faces North

Sewer Public Sewer

Water Public

Construction Status To Be Built

Others

HOA Fee Include None

Senior Community No

Tax ID 35-46-22-T1-00003.0010

Acceptable Financing All Financing Considered, Cash

Listing Terms All Financing Considered, Cash

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Listed by Michael Saunders & Company • Evan duPont

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

2761 W Gulf DR Sanibel, FL 33957