2761 Gulf Dr W, Sanibel, FL 33957
For Sale $1,500,000
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A Landmark Reimagined – Rare ½ Acre Commercial/Residential Opportunity on West Gulf Drive! Once home to The Sandbar, a beloved island steak and seafood house that embodied Sanibel’s “true island environment,” this cleared half-acre parcel is now poised for its next chapter. Nestled within earshot of the Gulf waves and with the distinction of a prime island address along prestigious West Gulf Drive, the property presents a rare opportunity to shape the island’s future in one of its most coveted settings. The possibilities are as limitless as your vision. Imagine a thriving commercial venture, a welcoming restaurant or boutique, a thoughtfully planned multi-family development, or an exclusive private coastal retreat—this property is the blank canvas to bring those dreams to life. Its location is unmatched: just steps from the brand-new Shalimar Resort, a short stroll to a nearby beach access, a quick bike ride to Bit of Bailey’s Grocery and Rosalita’s Cantina in the revitalized Rabbit Road Center, within easy reach of the Sanibel Rec Center, and just across the street from the beloved shared use path. Rich in history and alive with potential, this is more than just land—it’s an invitation to contribute to Sanibel’s ongoing revitalization. Create something meaningful, build lasting value, and leave your legacy on one of Florida’s most treasured islands.
Taxes: $6,146.22
Tax Year: 2024
Y
Community Type: Non- Gated
MLS Area: Nutmeg Village
Water: Central
Date Listed: 2025-09-06 00:00:00
Irrigation: None
Restrictions: None/ Other
Rear Exposure: S
Lot Desc.: Oversize
Listing Courtesy Of: Michael Saunders & Company
2394725187
A Landmark Reimagined – Rare ½ Acre Commercial/Residential Opportunity on West Gulf Drive! Once home to The Sandbar, a beloved island steak and seafood house that embodied Sanibel’s “true island environment,” this cleared half-acre parcel is now poised for its next chapter. Nestled within earshot of the Gulf waves and with the distinction of a prime island address along prestigious West Gulf Drive, the property presents a rare opportunity to shape the island’s future in one of its most coveted settings. The possibilities are as limitless as your vision. Imagine a thriving commercial venture, a welcoming restaurant or boutique, a thoughtfully planned multi-family development, or an exclusive private coastal retreat—this property is the blank canvas to bring those dreams to life. Its location is unmatched: just steps from the brand-new Shalimar Resort, a short stroll to a nearby beach access, a quick bike ride to Bit of Bailey’s Grocery and Rosalita’s Cantina in the revitalized Rabbit Road Center, within easy reach of the Sanibel Rec Center, and just across the street from the beloved shared use path. Rich in history and alive with potential, this is more than just land—it’s an invitation to contribute to Sanibel’s ongoing revitalization. Create something meaningful, build lasting value, and leave your legacy on one of Florida’s most treasured islands.
Property Details
Price: $1,500,000
City: Sanibel
County: Lee
Type: Land
Development: Nutmeg Village
Acres: 0.4980
Virtual Tour/Floorplan: View
Listing Number: 2025009243
Status Code: A-Active
Taxes: $6,146.22
Tax Year: 2024
Garage:
Financial Information:
Taxes: $6,146.22
Tax Year: 2024
View:
Y
Additional Information:
Community Type: Non- Gated
MLS Area: Nutmeg Village
Water: Central
Date Listed: 2025-09-06 00:00:00
Irrigation: None
Restrictions: None/ Other
Rear Exposure: S
Lot Desc.: Oversize
Map of 2761 Gulf Dr W, Sanibel, FL 33957
Listing Courtesy Of: Michael Saunders & Company
2394725187