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About This Home
This land at 1801 Olde Middle Gulf Drive in Sanibel, FL is listed for $5,999,000 (2.54 acres).
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.
Key Features
- 2.54 acre lot
- Waterfront
Amenities
Location
1801 Olde Middle Gulf Drive
Sanibel, FL 33957
CLAMSHELL CONDO
Questions & Answers
This 0-bedroom, 0-bathroom land at 1801 Olde Middle Gulf Drive is listed at $5,999,000. The estimated monthly payment is $25,996 based on 20% down at 6.5% interest.
Key features include: 2.54 acre lot, Waterfront.
This property is listed by Jeffrey Burns and can be reached at 2394642984 or jeff.burns@premiersir.com.
