Search
Sanibel Beachfront Development Opportunity
For Sale
$11,000,000

2669 W Gulf Drive, Sanibel, FL 33957

Land, Sanibel, FL

Property SizeContact for details
Lot Size2.86 Acres
Days on Market163

Property Features for 2669 W Gulf Drive

General Information

Property type Land
Property subtype Other
Subdivision CARIBE BEACH RESORT CONDO TIMESHARE
Lot features Rectangular Lot, Acreage
View Water
Standard status Active
APN 35-46-22-T1-02000.01A0
Lot size 2.86 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CARIBE BEACH RESORT CONDO A TIME-SHARE OR2728 PG2812 UTS 1A THRU SPIN (26 UNITS)
Tax Annual Amount 16813
Legal Description CARIBE BEACH RESORT CONDO A TIME-SHARE OR2728 PG2812 UTS 1A THRU SPIN (26 UNITS)

Utilities

Sewer type Public Sewer
Water source Public
Water front features Beach Front
Water front 1
Listing Agency: LSI Companies Inc.
Listed By: William Rollins · License #258013570
Added: Mar 25 Changed: Aug 26 Last Checked: Sep 3 at 11:06AM
MLS# 2026014295

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.

Investment Insights

Based on property information with market context.

This 2.86 +/- acre beachfront property on the Gulf of Mexico features 200 feet of white sand beach. The 1978 Coastal Construction Line permits 1.7 acres of net buildable land. According to the Sanibel Density Map, the property is located in an area that allows 5.0 units per acre, enabling the development of up to 14 residential units. This property offers an exceptional opportunity for developing a high-end, 14-unit luxury condominium project. The site is suited for a 3-story over parking structure. Located within the Gulf Ridge Eco Zone, the property allows a maximum impermeable coverage of 25% for buildings, sidewalks, and pool decking. The property is strategically located near Captiva, Pine Island, Fort Myers Beach, and other local attractions, making it an ideal location for a state-of-the-art destination on Sanibel Island.

Key Highlights

  • 2.86 +/- acre beach‑front property with 200 feet of pristine white sand beach on the Gulf of Mexico.
  • Development potential for up to 14 residential units (5.0 units per acre).
  • Permitted for a 3‑story over parking, 14‑unit luxury condominium project.

Property Analytics

Current Use

Kenoyer Real Estate Property Management Company Caribe Beach Resort Hotel & Motel

Suggested Use

Top Pick Parking Lot & Garage Building Supply Electrical Service Auto Repair Shop Grocery & Convenience Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby

Demographics for 33957, FL

6,382
Population
8,525
Households
0.7
Avg Household Size
68
Median Age
62%
College-Educated
99%
High-School Grad
16.2 sq mi
ZIP Area
394
Density / Sq Mi
$122,730
Median Household Income
$44,840
Median Earnings
$747
Median Rent
$912,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - 2.86-acre beachfront property ideal for luxury condominium development.
Where is this land located?
The property is located at 2669 W Gulf Drive Sanibel, FL.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: 2.86 +/- acre beach‑front property with **200 feet of pristine white sand beach** on the Gulf of Mexico.; Development potential for up to 14 residential units (5.0 units per acre).; Permitted for a **3‑story over parking, 14‑unit luxury condominium project.**
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message