2669 W Gulf Drive, Sanibel, FL 33957

$11,000,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$11,000,000
Listing Price
$11,000,000
Days on Market
125
MLS#
2026014295
County
Lee
Region
SI01 - Sanibel Island
Development
Caribe Beach Resort Condo Timeshare
Subdivision
Caribe Beach Resort Condo Timeshare

Property Description

• This remarkable 2.86 +/- acre beach-front property sits along the Gulf of Mexico, boasting 200 feet of pristine white sand beach. • The 1978 Coastal Construction Line allows 1.7 acre of net buildable land. Per Sanibel Density Map, the property is located in the 5.0 units per acre allowing for development of up to 14 residential units. • The property presents an exceptional opportunity for a buyer interested in developing a high-end luxury 14-unit condominium project. • The property is primed for a visionary buyer to create a state-of-the-art destination on Sanibel Island. • Poised for a 3-story over parking, 14 unit luxury condominium project. • The property is located within the Gulf Ridge Eco Zone which allows a maximum impermeable coverage of 25% for building, sidewalks, pool decking, etc. • Strategically located in close proximity to other notable islands in Southwest Florida, such as Captiva, Pine Island, Fort Myers Beach, and various local attractions such as Captiva, Pine Island, Fort Myers Beach, and various local attractions.

Additional Information

Water
Public
Sewer
Public Sewer
Waterfront Description
Beach Front, Gulf
View
Gulf, Water
Lot Size
2.86
Gulf Access
Yes
Waterfront
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of LSI Companies Inc.

The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida MLS Listing Service. Properties listed with brokerage firms other than our company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2026 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this limited electronic display may no longer be available. Data last updated .