$6,999,000 Price Analysis 1801 Olde Middle Gulf DrSanibel, FL 33957 Unknown bed 0 bath unknown SqFt ($0/SqFt) 2.54 acre lot. Listed 2024-05-09 | Ⓧ USDA Ineligible due to property near Sanibel |
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 redevlopment 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, th is 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.
Presented by Jeffrey Burns at
Premier Sotheby's International Realty.
Property MLS #2240411 from SanibelCaptiva
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.