2667 & 2669 Gulf Dr - Commercial LAND FOR SALE


Sanibel, FL 33957- West Gulf Drive124,582 SF
$11,000,000 USD
239-489-4066
2667 & 2669 Gulf Dr, Sanibel, FL for Sale
$11,000,000 USD
Commercial LAND - FOR SALE
1/9
124,582 SF

2667 & 2669 Gulf Dr
Sanibel, FL 33957
West Gulf Drive


HIGHLIGHTS

  • 200± fee of pristine Gulf-front shoreline on Sanibel Island
  • Zoning allows up to 14 residential units per the Sanibel Density Map
  • Ideal for a boutique, high-end condominium developer in a premier coastal location
  • A prime canvas to create a signature beachfront destination on Sanibel Island.

OVERVIEW

• 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. THE OPPORTUNITY: • 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.

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/ACRE

$3,846,141/AC

PRICE/SF

$88 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Caribe Beach Resort

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

2.86 AC

LAND SF

124,582 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

Gulf Ridge Eco Zone E-2 5

APN/PARCEL ID

35-46-22-T1-02000.00CE,35-46-22-T1-02000.01A0

ASK ABOUT THIS PROPERTY

Billy RollinsLSI Companies, Inc.More Info
239-489-4066

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Billy RollinsLSI Companies, Inc.More Info
239-489-4066

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.