Residential Land For Sale

Picture of Residential Land For Sale in Sanibel, Florida, United States

$6,999,000

1801 Olde Middle Gulf Dr
Sanibel, Florida, United States

Listed By: Realtyww Info

Listed On: 08/07/2024

Listing ID: GL11689345 View More Details

Description

This is the site of the former Clamshell condominium complex which was comprised of 6 units, 3 three-bedroom units and 3 two-bedroom units, a large pool and private boardwalk. This was all located directly along the beach and Gulf of Mexico. The buildings have been taken down and the pool shell remains. The parcel offers 300' of beach frontage and approximately 2.54 acres of land. Zoned multifamily the subject property has a designated zoning categorization, as follows: D-1 (Lowlands Wetland Zone), E-2 (Gulf Beach Ridge), and A (Gulf Beach Zone). Many redevelopment options exist where the new properties would feature beach frontage and stunning views. Centrally located on Sanibel Island between the well-known condominium complexes of Sanddollar and Signal Inn, this parcel is close to it all including an 18-hole golf course, shops, restaurants, resorts and along Sanibel's scenic bike paths. This is your chance to be a part of the rebuilding of Sanibel Island.

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Listed by: Jeffrey Burns