2761 W Gulf Drive
Sanibel, FL 33957
0.50Acre(Lot)
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 locatio
Property Details
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Features
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Lot Information
Lot Dimensions: 180 x 125 x 180 x 125 Main Square Feet: 0.498 Lot Size Acres: 0.498 Lot Size Source: Appraiser Lot Description: Cleared,OversizedLot,AcreageProperty Information
Subdivision: NUTMEG VILLAGE Source Property Type: Land Property SubType: Acreage Direction Faces: North
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Listing Price Information
Listing Price: $1500000Original Price: $1795000AllFinancingConsidered, Cash
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Tax Information
Parcel Number: 35-46-22-T1-00003.0010 Tax Lot: 1 Tax Block: 3 Tax Year: 2024 Annual Tax: $6146.22 Tax Legal Desc: FR PT OF INTERSECT OF W LI OF SEC 35 + SLY R/W LI OF GULF DR RUN S 81 DEG 18
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Homeowners Association Information
Included Fees: NoneCommunity Features: NonGated
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Utility Information
CableAvailable, ElectricityAvailable, PhoneAvailable, SewerAvailable, WaterAvailable -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1245 Buttonwood Lane, Sanibel, FL, 33957 | $10,000,000 | -- | -- | -- | 1.60 Acres(Lot) |
| 466 E Gulf Drive, Sanibel, FL, 33957 | $795,000 | -- | -- | -- | 0.33 Acre(Lot) |
| 524 Lagoon Drive, Sanibel, FL, 33957 | $525,000 | -- | -- | -- | 0.24 Acre(Lot) |
| 1084 S Yachtsman Drive, Sanibel, FL, 33957 | $699,000 | -- | -- | -- | 0.28 Acre(Lot) |
| 1032 Sand Castle Road, Sanibel, FL, 33957 | $399,000 | -- | -- | -- | 0.25 Acre(Lot) |
| 1028 Bayview Drive, Sanibel, FL, 33957 | $3,150,000 | -- | -- | -- | 0.50 Acre(Lot) |
| 651 Donax Street, Sanibel, FL, 33957 | $550,000 | -- | -- | -- | 0.24 Acre(Lot) |
| 845 Pyrula Avenue, Sanibel, FL, 33957 | $575,000 | -- | -- | -- | 0.37 Acre(Lot) |
| 1340 Eagle Run Drive, Sanibel, FL, 33957 | $539,000 | -- | -- | -- | 0.32 Acre(Lot) |
| 1318 Par View Drive, Sanibel, FL, 33957 | $419,000 | -- | -- | -- | 0.32 Acre(Lot) |
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ByOwner last updated this listing 06/18/2026 @ 12:58
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