2761 W Gulf Drive, Sanibel, FL 33957

Sanibel
Local realty services provided by:ERA Real Solutions Realty
2761 W Gulf Drive,Sanibel, FL 33957
$1,500,000
Virtual Tour
  • 0.5 Acres
  • Lots / Land
  • Active
Listed by: evan dupont
Office: michael saunders & company
MLS#:2025009243
Source:FL_GFMB

Price summary

  • Price:$1,500,000

About this home

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...

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Home facts

  • Subdivision & Development:NUTMEG VILLAGE
  • Listing ID #:2025009243
  • Added:392 day(s) ago
  • Updated:October 04, 2026 at 03:10 PM

Structure and exterior

  • Lot area:0.5 Acres
  • Lot Features:Acreage, Cleared

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,500,000
  • Tax amount:$6,146 (2024)
The source of the information about real property available for sale or rent is the copyrighted and proprietary database of the Florida Gulf Coast Multiple Listing Service, Inc.. Copyright 2026 Florida Gulf Coast Multiple Listing Service, Inc.; all rights reserved. The data is provided by the IDX Program, and the Information is Deemed Reliable But Not Guaranteed.

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