Listings

Sanibel, FL 33957 2761 W Gulf Drive

2761 W Gulf Drive Sanibel, FL - Image 12761 W Gulf Drive Sanibel, FL - Image 22761 W Gulf Drive Sanibel, FL - Image 3
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2761 W Gulf Drive Sanibel, FL - Image 42761 W Gulf Drive Sanibel, FL - Image 5
Presented By: Michael Saunders & Company
  • MLS# 2025009243
  • 09/06/2025
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Home Details

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.
Presented By: Michael Saunders & Company

General for 2761 W Gulf Drive

Association Fee IncludesNone
CitySanibel
Community FeaturesNon-Gated
CountyLee
Current UseCommercial, Multi-Family, Single Family
Facing DirectionNorth
HOA Fee$
HOA Fee 2
HOA Fee 3
Land Lease Amount
Lease Considered Y/NNo
Legal DescriptionFR PT OF INTERSECT OF W LI OF SEC 35 + SLY R/W LI OF GULF DR RUN S 81 DEG 18
Lot Size UnitsAcres
MLS AreaSI01 - Sanibel Island
PossessionClose Of Escrow
PostalCitySanibel
Property ConditionTo Be Built
Property Sub Type AdditionalAcreage
Property SubtypeAcreage
Property TypeLand
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameNUTMEG VILLAGE
Tax Annual Amount6146.22
Tax Lot1
Tax Year2024
TopographyFilled
UtilitiesCable Available, Electricity Available, Phone Available, Sewer Available, Water Available
ViewLandscaped
Virtual TourClick here
Waterfront FeaturesNone

Exterior for 2761 W Gulf Drive

Covered Spaces
Lot Dimensions180 x 125 x 180 x 125
Lot FeaturesCleared, Oversized Lot, Acreage
Lot Size Acres0.498
Lot Size Area0.498
Lot Size SourceAppraiser
LotDimensionsSourceAppraiser
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved
VegetationBrush, Grassed
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Cindy Gonzalez

Price $1,500,000
MLS#2025009243
List Date 09/06/2025
Property Type Land
Phone 239.243.2743
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Request Info
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