For Sale Lot / Land MLS# 2025009243

2761 W Gulf DR

SANIBEL, FL 33957

$1,500,000

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About 2761 W Gulf DR

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.

Property details

Property

Type
land
MLS type
Land/Property
Status
Active
Lot
0.498
Original price
$1,795,000
MLS #
2025009243

Exterior & lot

Lot
Landscaped Area, View, FR PT OF INTERSECT OF W LI OF SEC 35 + SLY R/W LI OF GULF DR RUN S 81 DEG 18, 35-46-22-T1-00003.0010, 10-Vacant Commercial, None/Other
View
Landscaped Area

Schools

District
Lee County School District

Utilities

Utilities
Central, Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Electricity on Property
Water
Central

Financial

Financial
Florida Gulf Coast
Annual tax
$6,146
Tax year
2024
Parcel
35-46-22-T1-00003.0010
Legal
FR PT OF INTERSECT OF W LI OF SEC 35 + SLY R/W LI OF GULF DR RUN S 81 DEG 18

Location

Subdivision
NUTMEG VILLAGE
Area
NUTMEG VILLAGE
County
Lee
Community
Lee, Paved, 0.0, Florida Gulf Coast

Location

Neighborhood
NUTMEG VILLAGE
School district
Lee County School District

Ask about this property

Questions on 2761 W Gulf DR, SANIBEL, FL 33957, or want to see it in person?

Listed by Evan duPont, Michael Saunders & Company

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.