Cleared Waterfront Commercial
For Sale
$1,500,000
2761 W Gulf Drive, Sanibel, FL 33957
COMMERCIAL - Sanibel, FL
Property SizeContact for details
Lot Size0.50 Acres
Days on Market333
Property Features for 2761 W Gulf Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Vegetation
Brush, Grassed
Subdivision
NUTMEG VILLAGE
Lot features
Cleared, Oversized Lot, Acreage
Standard status
Active
APN
35-46-22-T1-00003.0010
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
FR PT OF INTERSECT OF W LI OF SEC 35 + SLY R/W LI OF GULF DR RUN S 81 DEG 18
Tax Annual Amount
6146
Legal Description
FR PT OF INTERSECT OF W LI OF SEC 35 + SLY R/W LI OF GULF DR RUN S 81 DEG 18
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Michael Saunders & Company
(239) 472-5187
Listed By:
Evan duPont · License #280596826
(239) 462-1817
Added: Sep 6, 2025
Changed: Jul 17
Last Checked: Aug 4 at 2:06PM
MLS# 2025009243
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 cleared nearly half-acre parcel at 2761 W Gulf Drive in Sanibel, Florida is being offered as a commercial/residential opportunity. The site was previously home to The Sandbar, a local steak and seafood restaurant, and the property is now ready for its next development plan.
Located near the Gulf with access to area amenities, the parcel is described as steps from the Shalimar Resort and a short stroll to beach access. It is also noted as a short ride to Bit of Bailey’s Grocery and Rosalita’s Cantina in the Rabbit Road Center, with easy reach to the Sanibel Rec Center. The shared use path is identified across the street, supporting pedestrian-oriented convenience.
The property’s configuration, cleared status, and prominent West Gulf Drive setting make it suitable for a range of land-use concepts that can be designed for the site’s coastal character.
Located near the Gulf with access to area amenities, the parcel is described as steps from the Shalimar Resort and a short stroll to beach access. It is also noted as a short ride to Bit of Bailey’s Grocery and Rosalita’s Cantina in the Rabbit Road Center, with easy reach to the Sanibel Rec Center. The shared use path is identified across the street, supporting pedestrian-oriented convenience.
The property’s configuration, cleared status, and prominent West Gulf Drive setting make it suitable for a range of land-use concepts that can be designed for the site’s coastal character.
Key Highlights
- Rare 1/2 acre commercial/residential opportunity on West Gulf Drive.
- Prime location steps from the beach and the new Shalimar Resort.
- Cleared parcel ready for development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Cleared nearly half-acre lot on W Gulf Drive near Shalimar Resort and a shared use path.
Where is this waterfront land located?
The property is located at 2761 W Gulf Drive 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: Rare 1/2 acre commercial/residential opportunity on West Gulf Drive.; Prime location steps from the beach and the new Shalimar Resort.; Cleared parcel ready for development.
