This Land Property is no longer advertised on LoopNet.com.

527 E Gulf Dr
Sanibel, FL 33957
Land For Sale · 4.52 AC

Investment Highlights

  • Direct frontage on Sanibel’s stunning white-sand beaches
  • Currently approved for 14 units
  • Over 300 feet of direct Gulf beach frontage
  • In the sought-after east side of Sanibel, not far from the causeway access point (shorter driving time on and off-island)
  • In the Resort Housing District

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units - Condo
  • Hotel
  • Single Family Development
Total Lot Size 4.52 AC
Zoning Resort Housing District - Resort Housing District
Parcel Number 20-46-23-T3-02900.00CE

Description

Cushman & Wakefield | Commercial Property Southwest Florida is pleased to present this rare opportunity to secure an oceanfront condominium redevelopment site on Sanibel Island in Southwest Florida. Currently approved for 14 units and in the Resort Housing District, this property represents a blank canvas for astute buyers/developers to capitalize on the prime waterfront location and be a part of Sanibel’s ongoing redevelopment into a world-class tourism destination. Possible uses include condominium redevelopment, hotels/inns or a single-family home. In addition to tourism, Sanibel is also a destination for permanent and seasonal residents seeking a luxurious island/beach lifestyle similar to locations such as Boca Grande.

  • Listing ID: 31781817

  • Date on Market: 5/13/2024

  • Last Updated:

  • Address: 527 E Gulf Dr, Sanibel, FL 33957

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}