2669 W Gulf DR, Sanibel, FL 33957

$11,000,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$11,000,000
Listing Price
$11,000,000
MLS#
2026014295
Status
ACTIVE
County
Lee
Region
SI01 - Sanibel Island
Development
Caribe Beach Resort Condo Timeshare
Subdivision
Caribe Beach Resort Condo Timeshare
Lot Type
Acreage
County
Lee
Region
SI01 - Sanibel Island

Property Description

• This remarkable 2.86 +/- acre beach-front property sits along the Gulf of Mexico, boasting 200 feet of pristine white sand beach. • The 1978 Coastal Construction Line allows 1.7 acre of net buildable land. Per Sanibel Density Map, the property is located in the 5.0 units per acre allowing for development of up to 14 residential units. • The property presents an exceptional opportunity for a buyer interested in developing a high-end luxury 14-unit condominium project. • The property is primed for a visionary buyer to create a state-of-the-art destination on Sanibel Island. • Poised for a 3-story over parking, 14 unit luxury condominium project. • The property is located within the Gulf Ridge Eco Zone which allows a maximum impermeable coverage of 25% for building, sidewalks, pool decking, etc. • Strategically located in close proximity to other notable islands in Southwest Florida, such as Captiva, Pine Island, Fort Myers Beach, and various local attractions such as Captiva, Pine Island, Fort Myers Beach, and various local attractions.

Additional Information

Water
Central
Waterfront Description
Gulf Frontage, On the Gulf Beach
Boat Access
None
View
Gulf, Water
Acres
2.86
Restrictions
None
Tax Year
2025

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of LSI Companies Inc..

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.