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Land for sale at 2761 W Gulf Dr, Sanibel, FL 33957 | MLS# 2025009243 | Listing updated on 2026-09-03
Photo 1 of Land for sale at 2761 W Gulf Dr, Sanibel, FL 33957 | MLS# 2025009243 | Listing updated on 2026-09-03
Photo 2 of Land for sale at 2761 W Gulf Dr, Sanibel, FL 33957 | MLS# 2025009243 | Listing updated on 2026-09-03
Photo 3 of Land for sale at 2761 W Gulf Dr, Sanibel, FL 33957 | MLS# 2025009243 | Listing updated on 2026-09-03
Photo 4 of Land for sale at 2761 W Gulf Dr, Sanibel, FL 33957 | MLS# 2025009243 | Listing updated on 2026-09-03
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$1,500,000

Monthly Est:$7,466

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon0.5acre lot

2761 W Gulf Dr, Sanibel, FL 33957

$7,466/moEst:

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  • Land

  • Built in -

  • $-- HOA

  • 0.5 acre lot

  • $3,000,000/acre

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.

  • Houzeo last checked: 8 minutes ago
  • Listing updated: September 3, 2026 at 3:15 pm
  • Listing Provided by: Evan duPont (239) 462-1817 DRE #280596826 | Michael Saunders & Company (239) 472-5187
  • Source: Florida Gulf Coast MLS, Fort Myers-FL | MLS#: 2025009243 Florida Gulf Coast MLS, Fort Myers-FL

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Lee County

  • City

    Sanibel

  • Neighborhood

    --

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    0.5 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Florida Gulf Coast MLS, Fort Myers

  • MLS Number

    2025009243

  • MLS Status

    Active

  • Days on Market

    426

  • Cumulative Days on Market

    362

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Sewer

    Public Sewer

Construction

  • Year Built

    -

  • Home type

    Land

  • Property Condition

    To Be Built

Utilities & Energy

  • Water Source

    Public

  • Utilities

    Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Other Features

  • Community Features

    Non Gated

  • Subdivision Name

    Nutmeg Village

  • Lot Features

    Cleared, Oversized Lot, Acreage

  • Vegetation

    Brush, Grassed

Price History

DateEventPrice

09/06/2025

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #2025009243

Price Decreased

$1,500,000 -16.43%

$0/sqft

01/19/2024

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #223014525

Listed for Sale

$1,795,000

$0/sqft

02/23/2023

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #223014525

Off Market

$1,795,000 -10.25%

$0/sqft

05/16/2022

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #222013328

Sold

$2,000,000

$0/sqft

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Based on information from the Florida Gulf Coast Multiple Listing Service, Inc. through Nov 07, 2026, 09:15AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this website. © 2026 Florida Gulf Coast Multiple Listing Service - All Rights Reserved.

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