1801 Olde Middle Gulf Drive Sanibel, FL $ 6,999,000
1801 Olde Middle Gulf Drive
$ 6,999,000
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1801 Olde Middle Gulf Drive

Sanibel, FL, 33957
$ 6,999,000
Baths0.0

Monthly Estimate*

$ 46,518

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Studio

Lots and Land for sale in Sanibel, FL

for $6,999,000. The lot size is 2.54.

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.

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Lots and Land Active

Price

$ 6,999,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 9,985

Style

Residential

Lot Size

2.54

Town/City

Sanibel

County/Region

Lee

MLS | Web ID

224042001

Features
General
Sewer Public Sewer
Cooling See Remarks
Utilities Cable Available Electricity Available Sewer Available Water Available
Possession Close Of Escrow
HOA 0
Association Fee Includes Other See Remarks
Pool Features Community
View Gulf
Property SubType Residential
Tax Year 2023
Current Use Multi-Family Other Single Family See Remarks
Waterfront Features Gulf
Community Features Non-Gated Pool See Remarks
County Lee
Property Type Land
Association Amenities Beach Rights Beach Access Pool See Remarks
Subdivision Name CLAMSHELL CONDO
Facing Direction North
Possible Use See Remarks
Status Active
City SANIBEL
Land Lease Amount 0
View Y/N 1
MLS Area SI01 - Sanibel Island
Waterfront Y/N 1
Street Name Olde Middle Gulf
Tax Annual Amount 9985.6
Lease Considered Y/N 0
Days on Market 1
Standard Status Active
Tax Lot see remarks
Property Sub Type Additional Residential Unimproved Land
Legal Description CLAMSHELL CONDO BLDG 1 OR 1399 PG 2376 UNIT A
Condo Fee 0
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Exterior
Vegetation See Remarks
Lot Features See Remarks
Water Source Public
Lot Size Area 2.54
Lot Dimensions 300 x 370 x 300 x 370
Lot Size Acres 2.54
Road Surface Type Paved
Lot Size Units Acres
Lot Size Source Survey
Covered Spaces 0
Road Frontage Type Private Road
Road Responsibility Private Maintained Road
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Interior
Street Suffix Drive
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* Excluded Features
List By
Jeffrey Burns

Listing Agent

Premier Sotheby's Int'l Realty

Broker

jeff.burns@premiersir.com

Email

Affordability Calculator

$47,350
Per Month
98%
2%
0%
Monthly Principal & Interest
$46,518
Monthly Property Taxes
$832
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2024$6,999,000 Listed Price

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1801 Olde Middle Gulf Drive, Sanibel, FL, 33957 is a Lots and Land for sale at $6,999,000 with a lot size of 2.54. 1801 Olde Middle Gulf Drive is a studio with 0.0 baths. The property's zip code is 33957 which is in Sanibel, FL