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Sanibel Island Beachfront Redevelopment Opportunity
For Sale
$5,999,000

1801 Olde Middle Gulf Drive, Sanibel, FL 33957

LAND - Sanibel, FL

Property SizeContact for details
Lot Size2.54 Acres
Days on Market821

Property Features for 1801 Olde Middle Gulf Drive

General Information

Property type Land
Property subtype Other
Subdivision CLAMSHELL CONDO
Standard status Active
APN 36-46-22-T2-00801.00A0
Lot size 2.54 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description CLAMSHELL CONDO BLDG 1 OR 1399 PG 2376 UNIT A
Tax Annual Amount 9986
Legal Description CLAMSHELL CONDO BLDG 1 OR 1399 PG 2376 UNIT A

Utilities

Sewer type Public Sewer
Water source Public
Water front features Waterfront
Water front 1
Listing Agency: Premier Sotheby's Int'l Realty
Listed By: Jeffrey Burns · License #280595636
Added: May 9, 2024 Changed: Jun 15 Last Checked: Aug 7 at 6:06PM
MLS# 224042001

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 2.54-acre parcel on Sanibel Island, Florida, presents a redevelopment opportunity. The site, formerly the Clamshell condominium complex, included six units (three 3-bedroom and three 2-bedroom), a large pool, and a private boardwalk along the Gulf of Mexico. The buildings have been removed, but the pool shell remains. The property features 300 feet of beach frontage and is zoned multifamily with designated zoning categorizations: D-1 (Lowlands Wetland Zone), E-2 (Gulf Beach Ridge), and A (Gulf Beach Zone). The location offers many redevelopment options with beach frontage and views. Situated on Sanibel Island between the Sand Dollar and Signal Inn condominium complexes, the parcel is near an 18-hole golf course, shops, restaurants, resorts, and scenic bike paths. This property is intended for residential use.

Key Highlights

  • 300 feet of beach frontage on the Gulf of Mexico.
  • Approximately 2.54 acres of land zoned multifamily.
  • Redevelopment opportunity with potential for stunning beach views.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Electrical Service Kitchen & Bath Showroom Furniture & Home Goods Parking Lot & Garage (Bike/Boat/Book/etc) Store

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

66
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 2.54 acres of beachfront land zoned multifamily on Sanibel Island.
Where is this residential land & home lot located?
The property is located at 1801 Olde Middle Gulf Drive Sanibel, FL.
What is the asking price?
The asking price for this property is $5,999,000.
What are key features of this property?
This property features: 300 feet of beach frontage on the Gulf of Mexico.; Approximately 2.54 acres of land zoned multifamily.; Redevelopment opportunity with potential for stunning beach views.
More about this property
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