2761 W Gulf Drive

Sanibel, FL 33957

$1,795,000
For Sale
Listed: September 6, 2025
MLS#: 2025009243

Property Description

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 location is unmatched: just steps from the brand-new Shalimar Resort, a short stroll to a nearby beach access, a quick bike ride to Bit of Bailey’s Grocery and Rosalita’s Cantina in the revitalized Rabbit Road Center, within easy reach of the Sanibel Rec Center, and just across the street from the beloved shared use path. Rich in history and alive with potential, this is more than just land—it’s an invitation to contribute to Sanibel’s ongoing revitalization. Create something meaningful, build lasting value, and leave your legacy on one of Florida’s most treasured islands.

Key Details

Price
1,795,000
Lot Size
0.498 Acres
Property Type
Land
Property Subtype
Acreage
County
Lee
Subdivision
NUTMEG VILLAGE
Taxes (Annual)
$6,146.22 (Year: 2024)

Location

Community

No community information available for NUTMEG VILLAGE.

Interested in this property?

Have questions about this property or would like to schedule a showing? Our team is ready to help!

Featured Articles

No articles available