2669 W Gulf Drive Sanibel, FL $ 11,000,000
2669 W Gulf Drive
$ 11,000,000
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2669 W Gulf Drive

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

Monthly Estimate*

$ 67,729

2669 W Gulf Drive, Sanibel, FL 33957 - Image 1
2669 W Gulf Drive, Sanibel, FL 33957 - Image 2
2669 W Gulf Drive, Sanibel, FL 33957 - Image 3
2669 W Gulf Drive, Sanibel, FL 33957 - Image 4
2669 W Gulf Drive, Sanibel, FL 33957 - Image 5
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Studio

Lots and Land for sale in Sanibel, FL

for $11,000,000. The lot size is 2.86.

• 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.

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Lots and Land Active

Price

$ 11,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 16,812

Style

Acreage

Lot Size

2.86

Town/City

Sanibel

County/Region

Lee

MLS | Web ID

2026014295

Features
General
Sewer Public Sewer
Cooling See Remarks
Utilities Electricity Available Phone Available Sewer Available Water Available
Possession Close Of Escrow
HOA Fee 0
Association Fee Includes None
View Gulf Water
Property Subtype Acreage
Tax Year 2025
Current Use Multi-Family Other See Remarks
Waterfront Features Beach Front Gulf
Community Features Condo Hotel Community Near Hotel/Motel Non-Gated
Additional Parcels Description 35-46-22-T1-02000.00CE
HOA Fee 2 0
County Lee
Property Type Land
Association Amenities None Beach Access
Subdivision Name CARIBE BEACH RESORT CONDO TIMESHARE
Facing Direction North
Status Active
City Sanibel
Land Lease Amount 0
Senior Community Y/N false
Zoning Description 0000
MLS Area SI01 - Sanibel Island
Lot Size Units Acres
Tax Annual Amount 16812.84
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026014295
Standard Status Active
Tax Lot 1A
Property Sub Type Additional Acreage
Legal Description CARIBE BEACH RESORT CONDO A TIME-SHARE OR2728 PG2812 UTS 1A THRU SPIN (26 UNITS)
HOA Fee 3 0
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Exterior
Lot Features Rectangular Lot See Remarks Acreage
Water Source Public
Lot Size Area 2.86
Lot Dimensions 196 x 614 x 201 x 603
Lot Size Acres 2.86
Lot Size Source Appraiser
Waterfront Y/N true
Covered Spaces 0
Road Responsibility Public Maintained Road
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* Excluded Features
List By
William Rollins

Listing Agent

Lsi Companies Inc.

Broker

wrollins@landsolutions.net

Email

Affordability Calculator

$69,130
Per Month
98%
2%
0%
Monthly Principal & Interest
$67,729
Monthly Property Taxes
$1,401
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/25/2026$11,000,000 Listed Price

Map


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2669 W Gulf Drive, Sanibel, FL, 33957 is a Lots and Land for sale at $11,000,000 with a lot size of 2.86. 2669 W Gulf Drive is a studio with 0.0 baths. The property's zip code is 33957 which is in Sanibel, FL