Pending

1801 Olde Middle Gulf DR

SANIBEL FL, 33957

$6,999,000


$63.26 per sqft

Pending

2.54 Acres

Land

This is the site of the former Clamshell condominium complex which was comprised of six units, three, three-bedroom units and three two-bedroom units, a large pool and private boardwalk. This was all along the beach and Gulf of Mexico. The buildings have been taken down and the pool shell remains. The parcel offers 300 feet of beach frontage and approximately 2.54 acres of land. Zoned multifamily the subject property has a designated zoning categorization, as follows: D-1 (Lowlands Wetland Zone), E-2 (Gulf Beach Ridge) and A (Gulf Beach Zone). Many redevelopment options exist where the new properties would feature beach frontage and stunning views. On Sanibel Island between the well-known condominium complexes of Sand Dollar and Signal Inn, this parcel is close to it all including an 18-hole golf course, shops, restaurants, resorts and along Sanibel's scenic bike paths. This is your chance to be a part of the rebuilding of Sanibel Island.

224042001

MLS ID

May 9, 2024

Listed

May 31, 2024

Updated

Map

1801 Olde Middle Gulf DR
SANIBEL FL, 33957

Exterior/Building Features

Lot Size

2.54 Acres


Lot Features

See Remarks


Sewer

Public Sewer

Other Property Details

Area Name

SI01 - Sanibel Island


Taxes

$9,986


Tax Frequency

Annually


Days on Market

21


Association Amenities

Beach Rights, Beach Access, Pool, See Remarks


Garage

No


View

Yes


View Description

Gulf


County

Lee


Water Source

Public


Pool

No


Pool Features

Community


Waterfront

Yes


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

5/30/2024

Pending

Listed by Jeffrey Burns, Premier Sotheby's Int'l Realty

Listing Contact: 239-464-2984 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Antonio Picillo III shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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