1801 Olde Middle Gulf DR SANIBEL, FL 33957

About This Property

This is the site of the former Clamshell condominium complex which was comprised of six units, three, three-bedroom units and three two-bedroom units, a large pool and private boardwalk. This was all along the beach and Gulf of Mexico. The buildings have been taken down and the pool shell remains. The parcel offers 300 feet 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 redevelopment options exist where the new properties would feature beach frontage and stunning views. On Sanibel Island between the well-known condominium complexes of Sand Dollar and Signal Inn, this 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.

infoProperty Details

Property Type: Residential Lot
Lot Size: 2.54 acres
Days on Market: 714
Cumulative DOM: 844
List Date: May 9, 2024
Annual Taxes: $10K (2023)
HOA Fee: $0

yardExterior & Lot

Waterfront

Gulf Frontage

View

Gulf

$5,999,000