1801 Olde Middle Gulf Dr, Sanibel, FL 33957

$5,999,000

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List Price
$5,999,000
Listing Price
$5,999,000
Price Change
▼ $501,000 1743564759
Days on Market
813
MLS#
224042001
County
Lee
Region
SI01 - Sanibel Island
Development
Clamshell Condo
Subdivision
Clamshell Condo
Lot Type
Residential Lot
Land Area sqft
110,642
County
Lee
Region
SI01 - Sanibel Island

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.

Additional Information

Usage
Multi_MF, Multi_SF, Other/See Remarks, Single Family
Road
Paved
Water
Central
Sewer
Central
Waterfront Description
Gulf Frontage
Boat Access
None
View
Gulf
Irrigation
Central
Lot Description
Across From Waterfront, See Remarks
Lot Frontage
300
Total Tax Bill
$9,985
Tax Year
2023

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Premier Sotheby's Int'l Realty.