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2669 W Gulf Drive
Sanibel, FL, 33957
Active$11,000,000
2669 W Gulf Drive
Sanibel, FL, 33957
Active$11,000,000
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Bedrooms
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Bathrooms
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Living Area
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Year Built
0
Days on Market
Dock & Water AccessMLS
BeachFrontGulf
Canal WidthDockOnly
At the dock
County parcel data182ft
Single measurement at the dock · width variation along the canal not yet available
Measured perpendicular from this parcel's waterfront edge to the parcel directly across the canal, using surveyed county GIS boundaries. Multiple waterfront edges detected (corner lot or dual frontage); reported value is the widest; verify with the listing agent.
Will it turn around?
Up to 77 ft
Easy
handling
77–103 ft
Fits
with care
103–119 ft
Tight
(back-in)
Boats over 119 ft typically back in/out rather than turning here. Clear channel ≈ 156 ft with boats moored both sides (~13 ft per side for dock + beam). Wide-beam yachts need the upper end of each range.
Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.
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.
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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 LSI Companies Inc. via Florida Gulf Coast MLS
Last checked: July 22, 2026
Listing updated: March 25, 2026
© 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.
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20%
$2,200,000 down
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Principal & Interest$57,077/mo
Property Tax (est. ~1.2%, varies by county)$11,000/mo
Home Insurance (est.)$250/mo
Total Monthly Payment$68,327
Loan Amount: $8,800,000Rate: 6.75%
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