2761 W Gulf Dr - Nutmeg Village 0.5 Acres of Commercial Land Offered at $1,795,000 in Sanibel, FL 33957

Commercial Land Florida Sanibel 2761 W Gulf Dr, Sanibel, FL 33957

EXECUTIVE SUMMARY

Formerly known as The Sandbar, a renowned steak and seafood house that offered a true island atmosphere for both locals and visitors, this unique property now presents a limited-time chance to be part of Sanibel Island’s revitalization. Situated just steps from the beach on the prestigious West Gulf Drive, this cleared half-acre lot offers endless possibilities. Whether you envision launching a business, opening a restaurant, developing a multi-family residence, or creating a private retreat, the options are limitless. Centrally located yet peaceful, this property is rich in history, but its story is only beginning. Don’t miss your opportunity to create something lasting and establish your legacy on Sanibel Island.

PROPERTY FACTS

Price $1,795,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 0.50 AC
Zoning C - Commercial

1 LOT AVAILABLE

Lot

Price $1,795,000
Price Per AC $3,600,080.22
Lot Size 0.50 AC

1/2 Acre lot steps from the beach.

DESCRIPTION

Formerly The Sandbar, which was a "true island environment" establishment and landmark steak & seafood house for locals and island guests alike. Now, it is a limited time opportunity to be part of the revitalization of Sanibel Island! Opportunities abound for this one-of-a-kind and cleared 1/2 acre lot just steps from the beach on prestigious West Gulf Drive. Build a business, operate a restaurant, develop a multi-family residence, or relax in the luxuries of a newly built private retreat. Central to everything yet removed from it all! This special property is loaded with history, but the story has only just begun. This is your opportunity to build something meaningful and cement your legacy on Sanibel for the ages.

1 of 1
Bike Score®
Very Bikeable (71)

PROPERTY TAXES

Parcel Number 35-46-22-T1-00003.0010 Improvements Assessment $10
Land Assessment $434,380 Total Assessment $434,380

CONTACT

  • Evan duPont
    Evan duPont

  • Listing ID: 28713690

  • Date on Market: 6/9/2023

  • Last Updated:

  • Address: 2761 W Gulf Dr, Sanibel, FL 33957

More public record information on 2761 W Gulf Dr, Sanibel, FL 33957

The West Gulf Drive Land Property at 2761 W Gulf Dr, Sanibel, FL 33957 is currently available. Contact Berkshire Hathaway Homeservices Florida Realty for more information.

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