2761 W Gulf Dr
Sanibel Fl 33957

0.50 Acres

$1,795,000

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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 €œtrue 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.

2761 W Gulf Dr
Sanibel Fl 33957

$1,795,000

  • Lee County
  • Date updated: 09/30/2025

Features

Lot Size: 0.50 acres
Pool:
  • 0
Roof:
  • Tile
Property Type: Commercial
Construction:
  • See Remarks
Taxes: $6,146

SANCAP #2250875

Listing Courtesy Of: Evan duPont, Michael Saunders & Company

The MLS listing data sources are listed below. The MLS listing information is provided exclusively for consumer's personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.


Properties marked with the FGCMLS are provided courtesy of The Florida Gulf Coast Multiple Listing Service, Inc.

Properties marked with the SANCAP are provided courtesy of Sanibel & Captiva Islands Association of REALTORS®, Inc.