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Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker

Blue Mar Real Estate Group Inc.

Licensed Florida Real Estate Broker · DBPR License CQ1018554

4000 Ponce De Leon Blvd, Suite 470, Coral Gables, FL 33146

[email protected]

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+20

1801 Olde Middle Gulf Drive

Sanibel, FL, 33957

Active

$5,999,000

1801 Olde Middle Gulf Drive

Sanibel, FL, 33957

Active

$5,999,000

—

Bedrooms

—

Bathrooms

—

Living Area

—

Year Built

450

Days on Market

Dock & Water AccessMLS

GulfAcrossTheRoadWaterFrontage

AI Aerial Imagery Detection

Deep Water Indicators

Detected by AI from open-source aerial mapping imagery and may not reflect current conditions. This information was not provided by the MLS or listing broker. Always verify dock infrastructure with the listing agent.

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

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.

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Location

Sanibel, FL, 33957

No price history available for this property.

Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]

Listing courtesy of Premier Sotheby's Int'l Realty via Florida Gulf Coast MLS

Last checked: July 22, 2026

Listing updated: December 10, 2025

© 2026 Florida Gulf Coast Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Florida Gulf Coast Association of REALTORS®. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

FEMA Flood Zone AE
BFE: 11ft

Special Flood Hazard Area

View FEMA Flood Map →
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Mortgage Calculator

Estimate your monthly payment for this waterfront property

20%

$1,199,800 down

%
Principal & Interest$31,128/mo
Property Tax (est. ~1.2%, varies by county)$5,999/mo
Home Insurance (est.)$250/mo
Total Monthly Payment$37,377
Loan Amount: $4,799,200Rate: 6.75%
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$5,999,000Tour the dockSchedule a Showing