$1,500,000
 $8,052 est/mo Sourced by Back At You

2761 W Gulf Dr,Sanibel, FL 33957

Sanibel, FL 33957

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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.

Details

MLS #2025009243
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site369
Listing Provided ByMichael Saunders & Company | Evan duPont

Features

Acreage0.50
Property ViewLandscaped

Exterior

Lot FeaturesCleared, Oversized Lot, Acreage

Taxes

Tax Annual Amount6146.22

Location

Community FeaturesNon Gated

Area Information

StateFL
CountyLee
CitySanibel
Zip Code33957
AreaSI01 Sanibel Island
Community NameNUTMEG VILLAGE
Sourced by Back At You

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StateFL
CountyLee
CitySanibel
Zip Code33957
AreaSI01 Sanibel Island
Community NameNUTMEG VILLAGE
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.125M - $1.875M
sqft: 0 - 0
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Listing Updated: August 27, 2026 at 9:15:51 AM PDT