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Cleared Half-Acre Commercial/Residential Parcel

2761 W Gulf Drive Sanibel, Sanibel, FL 33957

For Sale
$1,500,000

Cleared half-acre parcel on West Gulf Drive suited for commercial, restaurant, or residential redevelopment.

Property SizeContact for details
Lot Size0.50 Acres
Days on Market129

Property Features for 2761 W Gulf Drive Sanibel

General Information

Standard status Active
Lot size 0.50 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $6,146

Amenities

Brush,Grassed
Cleared,Oversized Lot,Acreage
Public
0.498
180 x 125 x 180 x 125
false
Appraiser
Paved
Public Maintained Road
Listing Agency: Herron Real Estate
Listed By: Crystal Barling
Source: Movetojacksonville
Added: Jul 7 Changed: Nov 9 Last Checked: Jul 7 at 6:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Herron Real Estate

Rey
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Investment Insights

Based on property information with market context.

This cleared half-acre parcel offers flexibility for a commercial, restaurant, or residential redevelopment concept. The property has been readied for new construction after previously being home to The Sandbar, and it is now positioned as a blank slate for a new use that fits today’s market needs.

The site is located on West Gulf Drive in Sanibel, within earshot of the Gulf waves. The public remarks describe close proximity to the brand-new Shalimar Resort, nearby beach access, and a short bike ride to Bit of Bailey’s Grocery and Rosalita’s Cantina in the revitalized Rabbit Road Center. The Sanibel Rec Center is also described as being within easy reach, and the property is across the street from a shared use path.

For tenants, operators, or developers seeking a versatile land holding, the cleared status can reduce site prep variables while supporting a wide range of planning directions. The mix of nearby resort and retail activity, along with convenient access to recreation and beach access as described, may help inform a tenant mix or residential design strategy for this half-acre waterfront-adjacent setting.

Key Highlights

  • Cleared 0.498‑acre parcel with lot dimensions 180 x 125 x 180 x 125 on West Gulf Drive
  • Paved, public maintained road frontage; water service available via public water
  • Suitable for commercial, restaurant, or residential redevelopment, per short description

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Building Supply Law Firm Electrical Service Grocery & Convenience 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

63
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Lee County

Jul
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Frequently Asked Questions

What type of property is this?
Commercial land - Cleared half-acre parcel on West Gulf Drive suited for commercial, restaurant, or residential redevelopment.
Where is this commercial land located?
The property is located at 2761 W Gulf Drive Sanibel Sanibel, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Cleared 0.498‑acre parcel with lot dimensions 180 x 125 x 180 x 125 on West Gulf Drive; Paved, public maintained road frontage; water service available via public water; Suitable for commercial, restaurant, or residential redevelopment, per short description
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