3517 W Gulf Drive Sanibel, FL $ 11,500,000
3517 W Gulf Drive
$ 11,500,000
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3517 W Gulf Drive

Sanibel, FL, 33957
$ 11,500,000
Baths0.0

Monthly Estimate*

$ 71,745

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Studio

Lots and Land for sale in Sanibel, FL

for $11,500,000. The lot size is 3.359.

Unmatched Gulf-Front Opportunity on Sanibel’s Gold Coast: The most substantial remaining residential parcel on the coveted Gold Coast of West Gulf Drive, this exceptional Gulf-front property offers an impressive 224 feet of direct frontage along the Gulf of Mexico and a massive 43,503± sq. ft. development envelope. Lush, mature vegetation enhances privacy while preserving the natural beauty of Sanibel Island. Zoned Ecological Zone E-2 (Gulf Beach Ridge), the property allows 25% impervious coverage and 30% total developed area, providing rare flexibility to create a magnificent Gulf-front estate or private family compound. Unparalleled views of the Gulf’s azure waters and breathtaking sunsets await. An extraordinary opportunity exists to combine this parcel with the adjacent property at 3507 W. Gulf Drive, adding an additional 106 feet of Gulf frontage for a truly one-of-a-kind estate. 3517 West Gulf has been combined and may be re-subdivided if desired. Survey available. Harness one of the final opportunities on Sanibel Island to develop an iconic Gulf-front residence with supreme privacy at an exceptional scale. 3517 is over 3.3 acres and also has significant depth.

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Lots and Land Active

Price

$ 11,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 73,923

Style

Residential

Lot Size

3.359

Town/City

Sanibel

County/Region

Lee

MLS | Web ID

2025026145

Features
General
Sewer PublicSewer
Utilities Other
Possession CloseOfEscrow
HOA Fee 0.0
Association Fee Includes None
View Gulf
Property Subtype Residential
Tax Year 2024
Current Use SingleFamily
Development Name METES AND BOUNDS
Waterfront Features Gulf
Community Features NonGated
HOA Fee 2 0.0
County Lee
New Construction N
Property Type Land
Association Amenities BeachRights BeachAccess
HOA N
Attached Garage N
Subdivision Name METES AND BOUNDS
Facing Direction Northeast
Garage Y/N N
Status Active
City Sanibel
Land Lease Amount 0.0
Senior Community Y/N N
MLS Area SI01 - Sanibel Island
Lot Size Units Acres
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 73923.79
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025026145
Standard Status Active
Tax Lot 13
Property Sub Type Additional Residential UnimprovedLand
Legal Description FR A PT E534.94 PERP TO E LI OF SEC TH NW318 ALG R/W TO POB DESC OR2586/2800
HOA Fee 3 0.0
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Exterior
Lot Features OversizedLot
Water Source Public Public
Lot Size Area 3.359
Horses N
Spa N
Irrigation/Water Rights N
Lot Dimensions 235 x 677 x 232 x 684
Lot Size Acres 3.359
Road Surface Type Paved
Private Pool N
Lot Size Source Appraiser
Waterfront Y/N Y
Covered Spaces 0.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
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* Excluded Features
List By
Phaidra McDermott

Listing Agent

Kingfisher Real Estate, Inc.

Broker

Phaidra@GoKingfisher.com

Email

Affordability Calculator

$77,905
Per Month
92%
8%
0%
Monthly Principal & Interest
$71,745
Monthly Property Taxes
$6,160
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/29/2025$11,500,000 Listed Price

Map


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3517 W Gulf Drive, Sanibel, FL, 33957 is a Lots and Land for sale at $11,500,000 with a lot size of 3.359. 3517 W Gulf Drive is a studio with 0.0 baths. The property's zip code is 33957 which is in Sanibel, FL