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About This Home

This 0-bedroom, 0-bathroom commercial at 2761 W Gulf Drive in Sanibel, FL is listed for $1,500,000. on a 0.50 acres lot.

Agent Description

A Landmark Reimagined - Rare 1/2 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 quic

k 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.

Key Features

  • 0.50 acre lot

Monthly Cost Estimate

$8,022/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$438

Estimates only. Actual payments may vary.

Location

2761 W Gulf Drive

Sanibel, FL 33957

NUTMEG VILLAGE

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2761 W Gulf Drive is listed at $1,500,000. The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.

Key features include: 0.50 acre lot.

This property is listed by Evan duPont and can be reached at 2394621817 or evandupont@michaelsaunders.com.

ED

Evan duPont

Agent at Michael Saunders & Company

(239) 462-1817

Listed by Michael Saunders & Company · View on Broker Site

MLS# 2025009243· Source: listhub· Updated 268 days ago

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2761 W Gulf Drive, Sanibel, FL 33957

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