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$6,999,000   Price Analysis
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1801 Olde Middle Gulf Dr
Sanibel, 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

This is the site of the former Clamshell condominium complex which was comprised of 6 units

* Has Contingent Offer *

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.
Listing Agent Photo

Property MLS #2240411 from SanibelCaptiva

Beach

100ft or + Front
2 - 5 Acres
Irregular
Lot Description: Build to Suit, Coastal Setback, Private Beach Access, Restrictions
Lot Size Acres: 2.54
Lot Size Dimensions: 110, 629 +/- square feet
Lot Size Square Feet: 110642

Frontage Length: 300
Roads: Paved, Private

View: Direct Gulf

Calculated Total Monthly Association Fees: 0

Community Features: Deeded Beach Access, Pool Community

Annual Tax Amount: 11312
Source Listing Status: Contingent
Current Use: Multi Family
Tax Year: 2022
Restrictions: Call Listing Office
Source Property Type: Vacant Land
Area: 1-Sanibel
Source Neighborhood: Metes And Bounds
Property Location: Gulf
Subdivision: Metes And Bounds
Zoning: Multi-family
Source System Name: C2C

Listed 2024-05-09
$6,999,000
SanibelCaptiva

Sewer: City
Water Source: City

House Style: Vacant Land

The Sanibel School is a public elementary and middle school located approximately 3.7 miles away.
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South Fort Myers High School is a public high school located approximately 15.1 miles away.
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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.