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2761 W Gulf Drive

Sanibel, FL 33957
  • $1,500,000
  • STATUS: Active
  • ON SITE: 133 Days
  • ID#: 2025009243
Price Reduced
UPDATED: 73 min ago
$1,500,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Lee

School Ratings & Info

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.

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© 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Premier Sothebys International Realty. Data last updated 2026-01-18T17:24:29.25.
www.thomasteamflorida.com/homes/167683949
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2761 W Gulf Drive Sanibel, FL 33957

  • Price: $1,500,000
  • Status: Active
  • On Site: 133 Days
  • Updated: 73 min ago
  • ID#: 2025009243
0
Beds
0
Baths
0
½ Baths
0.5
Acres
Neighborhood:
Nutmeg Village
County:
Lee
Area:
Si01 - Sanibel Island
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.
Exterior Features

Covered Spaces 0 Direction Faces North Road Responsibility Public Maintained Road Road Surface Type Paved Topography Filled Vegetation Brush Grassed View Landscaped

Property Features

Association Fee 0 Association Fee Includes None Association Fee2 0 Association Fee3 0 Community Features Non- Gated Current Use Commercial Multi- Family Single Family Development Name NUTMEG VILLAGE Gulf Access YN False Irrigation Source None Land Lease Amount 0 Lease Considered YN No Listing Terms All Financing Considered Cash Lot Features Cleared Oversized Lot Acreage Possession Close Of Escrow Potential Short Sale YN No Property Condition To Be Built Property Sub Type Acreage Property Sub Type Additional Acreage Restrictions Senior Community YN No Sewer Public Sewer Tax Annual Amount 6146.22 Tax Year 2024 Unit Location Utilities Cable Available Electricity Available Phone Available Sewer Available Water Available Water Access Description None Water Source Public Waterfront Features None Waterfront YN No

Listing courtesy of Michael Saunders & Company.


© 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Premier Sothebys International Realty. Data last updated 2026-01-18T17:24:29.25.
 
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