Residential Land for Sale in Sanibel, Florida

1801 Olde Middle Gulf Dr Sanibel, FL 33957

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$6,500,000
2.54 acres
Active sale$499k dropEst $47,985/mo

This is the site of the former Clamshell condominium complex which was comprised of six units, three, three-bedroom units and three two-bedroom units, a large pool and private boardwalk. This was all along the beach and Gulf of Mexico. The buildings have been taken down and the pool shell remains. The parcel offers 300 feet of beach frontage and approximately 2.54 acres of land. Zoned multifamily the subject property has a designated zoning categorization, as follows: D-1 (Lowlands Wetland Zone), E-2 (Gulf Beach Ridge) and A (Gulf Beach Zone). Many redevelopment options exist where the new properties would feature beach frontage and stunning views. On Sanibel Island between the well-known condominium complexes of Sand Dollar and Signal Inn, this parcel is close to it all including an 18-hole golf course, shops, restaurants, resorts and along Sanibel's scenic bike paths. This is your chance to be a part of the rebuilding of Sanibel Island.

Location

Street Address
1801 Olde Middle Gulf Dr
Community
Clamshell Condo
Elevation
3 feet
Coordinates
26.4277, -82.0602

Property details

MLS Number
FMSW 224042001
Date Posted

Property taxes

2023
$9,986

Parcels

  • 36-46-22-T2-00801.00A0

Legal description

This 2.54-acre property is located at 1801 Olde Middle Gulf Dr in Sanibel, FL 33957 with latitude 26.4277 and longitude -82.0602. The property is currently available for sale for $6,500,000 with a price per acre of $2,559,055. Listing data is sourced from Florida Gulf Coast Multiple Listing Service # 224042001.

Verify sale details at the property source or contact Premier Sotheby's Int'l Realty at (239) 472-2735.

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Copyright (C) 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 58 mins ago. Parcel data by Regrid.

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