1801 Olde Middle Gulf Drive

Sanibel, FL 33957

$5,999,000
( $501,000 on 4/1)
Pending
Listed: May 9, 2024
MLS#: 224042001

Property Description

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.

Key Details

Price
5,999,000
Lot Size
2.54 Acres
Property Type
Land
Property Subtype
Residential
County
Lee
Subdivision
CLAMSHELL CONDO
Pool
Community
Cooling
SeeRemarks
Taxes (Annual)
$9,985.6 (Year: 2023)

Location

Community

No community information available for CLAMSHELL CONDO.

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