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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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3517 W Gulf Drive
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+9

3517 W Gulf Drive

Sanibel, FL, 33957

Active

$11,500,000

3517 W Gulf Drive

Sanibel, FL, 33957

Active

$11,500,000

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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

Gulf

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

Description

Unmatched Gulf-Front Opportunity on Sanibel’s Gold Coast: The most substantial remaining residential parcel on the coveted Gold Coast of West Gulf Drive, this exceptional Gulf-front property offers an impressive 224 feet of direct frontage along the Gulf of Mexico and a massive 43,503± sq. ft. development envelope. Lush, mature vegetation enhances privacy while preserving the natural beauty of Sanibel Island. Zoned Ecological Zone E-2 (Gulf Beach Ridge), the property allows 25% impervious coverage and 30% total developed area, providing rare flexibility to create a magnificent Gulf-front estate or private family compound. Unparalleled views of the Gulf’s azure waters and breathtaking sunsets await. An extraordinary opportunity exists to combine this parcel with the adjacent property at 3507 W. Gulf Drive, adding an additional 106 feet of Gulf frontage for a truly one-of-a-kind estate. 3517 West Gulf has been combined and may be re-subdivided if desired. Survey available. Harness one of the final opportunities on Sanibel Island to develop an iconic Gulf-front residence with supreme privacy at an exceptional scale. 3517 is over 3.3 acres and also has significant depth.

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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 Kingfisher Real Estate, Inc. via Florida Gulf Coast MLS

Last checked: July 22, 2026

Listing updated: December 29, 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 AO
BFE: -9999ft

Flood Hazard Area

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Mortgage Calculator

Estimate your monthly payment for this waterfront property

20%

$2,300,000 down

%
Principal & Interest$59,671/mo
Property Tax (est. ~1.2%, varies by county)$11,500/mo
Home Insurance (est.)$250/mo
Total Monthly Payment$71,421
Loan Amount: $9,200,000Rate: 6.75%
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$11,500,000Tour the dockSchedule a Showing