Listing Provided Courtesy of Michael Saunders & Company
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.
Property Details
Price:
$1,795,000
MLS #:
2025009243
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
NUTMEG VILLAGE
Neighborhood:
nutmegvillage
Listed Date:
Sep 6, 2025
Lot Size:
21,693 sqft / 0.50 acres (approx)
See this Listing
Schools
Interior
Exterior
Financial
Tax Year
2024
Taxes
$6,146
Map
Community
- Address2761 W Gulf DR SANIBEL FL
- SubdivisionNUTMEG VILLAGE
- CitySANIBEL
- CountyLee
- Zip Code33957
Market Summary
Property Summary
- Located in the NUTMEG VILLAGE subdivision, 2761 W Gulf DR SANIBEL FL is a Land for sale in SANIBEL, FL, 33957. It is listed for $1,795,000 and features 1 acres. To schedule a showing of MLS#2025009243 at 2761 W Gulf DR in SANIBEL, FL, contact your Carney Realty & Associates, Inc. agent at 239-574-1965.
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