Description
This remarkable 2.86 +/- acre beach-front property sits along the Gulf of Mexico, boasting 200 feet of pristine white sand beach. The 1978 Coastal Construction Line allows 1.7 acre of net buildable land. Per Sanibel Density Map, the property is located in the 5.0 units per acre allowing for development of up to 14 residential units. The property presents an exceptional opportunity for a buyer interested in developing a high-end luxury 14-unit condominium project. The property is primed for a visionary buyer to create a state-of-the-art destination on Sanibel Island. Poised for a 3-story over parking, 14 unit luxury condominium project. The property is located within the Gulf Ridge Eco Zone which allows a maximum impermeable coverage of 25% for building, sidewalks, pool decking, etc. Strategically located in close proximity to other notable islands in Southwest Florida, such as Captiva, Pine Island, Fort Myers Beach, and various local attractions such as Captiva, Pine Island, Fort Myers Beach, and various local attractions.
Details
| MLS # | 2026014295 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 151 |
| Listing Provided By | LSI Companies Inc. | William Rollins |
Features
| Zoning | 0000 |
|---|---|
| Acreage | 2.86 |
| Water Front | Yes |
| Property View | Yes |
Interior
| Rooms Total | 0 |
|---|---|
| Fireplace Yes / No | No |
Exterior
| Lot Features | Across From Beach Access, Regular |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
Utilities
| Utilities | Electricity Connected, Phone Connected, Sewer Connected, Water Connected |
|---|
Taxes
| Tax Annual Amount | 16812.84 |
|---|---|
| Tax Block | 2000 |
| Tax Year | 2025 |
Area Information
| State | FL |
|---|---|
| County | Lee |
| City | SANIBEL |
| Zip Code | 33957 |
| Area | CARIBE BEACH RESORT CONDO TIMESHARE |
| Community Name | CARIBE BEACH RESORT CONDO TIMESHARE |
| Listing VS Median (in CARIBE BEACH RESORT CONDO TIMESHARE) | |
Price: $11,000,000 low | high Med: $0 On site: 151 low | high Med: | |
Market Activity 33957
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Learn More About This Property
| State | FL |
|---|---|
| County | Lee |
| City | SANIBEL |
| Zip Code | 33957 |
| Area | CARIBE BEACH RESORT CONDO TIMESHARE |
| Community Name | CARIBE BEACH RESORT CONDO TIMESHARE |
| Listing VS Median (in CARIBE BEACH RESORT CONDO TIMESHARE) | |
Price: $11,000,000 low | high Med: $0 On site: 151 low | high Med: | |
