2761 W Gulf Dr, SANIBEL, FL

$1,795,000

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0.50

Acres

About 2761 W Gulf Dr

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.

Features of 2761 W Gulf Dr

MLS® # 2025009243
Price $1,795,000
Bathrooms 0.00
Acres 0.50
Type Land
Status Active

Community Information

Address 2761 W Gulf Dr
Area SI01 - Sanibel Island
Subdivision NUTMEG VILLAGE
City SANIBEL
County Lee
State FL
Zip Code 33957

Amenities

Utilities Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
View Landscaped Area
Is Waterfront No
Waterfront None
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Oversize

Additional Information

Date Listed September 6th, 2025
Foreclosure No
Short Sale No

Listing Details

OfficeMichael Saunders & Company

Listing Map

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