# 555 E Gulf Drive, Sanibel, FL 33957 > **TL;DR:** land, $9,200,000. > Waterfront. Est. $49,203/mo. Listed 86 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $9,200,000 | | Lot Size | 167,270 sqft (3.84 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 86 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $46,520 | | Estimated Insurance | $2,683 | | **Total** | **$49,203** | ## Key Amenities - Waterfront ## Property Highlights - 3.84 acre lot - Waterfront ## Description ### Agent Description This Sanibel Beachfront Development Opportunity is 3.84 acres (includes all deeded parcels). The buildable acreage is 1.97+/- acres (includes 1.64 acre lot and 0.327 acres across the street). Electric/Water/Sewer are hook up ready and available utilities on the property. Zoning is E-2/Gulf Beach Ridge and Land Use is Resort Housing District. Whether utilized as a vacation retreat, condominiums, timeshares, investment property, or build your permanent residence, this property offers an opportunity to experience the best of island living in one of Southwest Florida's most iconic beach destinations ... Sanibel Island! Just three miles off the coast of Fort Myers, Sanibel and Captiva Islands offer one of Florida's most unforgettable vacation or living experiences. This property was formerly the Surfrider Beach Club (31 Unit Timeshares). ## Location - **Address:** 555 E Gulf Drive, Sanibel, FL 33957 - **County:** Lee - **Neighborhood:** SURFRIDER BEACH CLUB CONDO TIMESHARE - **Coordinates:** 26.44456, -82.028904 - **Google Maps:** https://www.google.com/maps?q=26.44456,-82.028904 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/fgcmls/2026028447 ## Listing Agent - **Name:** Michael Frye · **License:** 258000168 - **Brokerage:** RE/MAX Realty Group - **Phone:** 2392810441 - **Broker Phone:** (239) 489-0444 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/555-E-Gulf-Dr_Sanibel_FL_33957_M56584-15289?f=listhub&s=FMSWFL&m=2026028447&c=propsimple) ## Photos ![555 E Gulf Drive - Photo 1](http://lh.rdcpix.com/1bbb1419d51d130a6d855dd67b573d1el-f3490274825r.jpg) ![555 E Gulf Drive - Photo 2](http://lh.rdcpix.com/1bbb1419d51d130a6d855dd67b573d1el-f2171819793r.jpg) ![555 E Gulf Drive - Photo 3](http://lh.rdcpix.com/1bbb1419d51d130a6d855dd67b573d1el-f2738715393r.jpg) ![555 E Gulf Drive - Photo 4](http://lh.rdcpix.com/1bbb1419d51d130a6d855dd67b573d1el-f1189056817r.jpg) ![555 E Gulf Drive - Photo 5](http://lh.rdcpix.com/1bbb1419d51d130a6d855dd67b573d1el-f2840378017r.jpg) ![555 E Gulf Drive - Photo 6](http://lh.rdcpix.com/1bbb1419d51d130a6d855dd67b573d1el-f2212303641r.jpg) ![555 E Gulf Drive - Photo 7](http://lh.rdcpix.com/1bbb1419d51d130a6d855dd67b573d1el-f678582919r.jpg) ![555 E Gulf Drive - Photo 8](http://lh.rdcpix.com/1bbb1419d51d130a6d855dd67b573d1el-f117620312r.jpg) ![555 E Gulf Drive - Photo 9](http://lh.rdcpix.com/1bbb1419d51d130a6d855dd67b573d1el-f1428857285r.jpg) --- **MLS#:** 2026028447 | **Updated:** 2026-09-24 **Source:** listhub *Copyright © 2026 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.* [View on PropertySimple](https://www.propertysimple.ai/listing/555-e-gulf-drive-sanibel-fl-33957-26028447) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/555-e-gulf-drive-sanibel-fl-33957-26028447#listing", "url": "https://www.propertysimple.ai/listing/555-e-gulf-drive-sanibel-fl-33957-26028447", "name": "555 E Gulf Drive, Sanibel, FL 33957", "description": "This Sanibel Beachfront Development Opportunity is 3.84 acres (includes all deeded parcels). The buildable acreage is 1.97+/- acres (includes 1.64 acre lot and 0.327 acres across the street). Electric/Water/Sewer are hook up ready and available utilities on the property. Zoning is E-2/Gulf Beach Ridge and Land Use is Resort Housing District. Whether utilized as a vacation retreat, condominiums, timeshares, investment property, or build your permanent residence, this property offers an opportunity to experience the best of island living in one of Southwest Florida's most iconic beach destinations ... Sanibel Island! Just three miles off the coast of Fort Myers, Sanibel and Captiva Islands offer one of Florida's most unforgettable vacation or living experiences. 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