- For Sale $9,000,000
- Property Type Other
- Date Updated May 19, 2026
Description
Rare opportunity to secure an oceanfront condominium redevelopment site on Sanibel Island in Southwest Florida.
Currently approved for 14 units and in the Resort Housing District, this property represents a blank canvas for astute buyers/developers to capitalize on the prime waterfront location and be a part of Sanibel’s ongoing redevelopment into a world-class tourism destination.
In addition to tourism, Sanibel is also a destination for permanent and seasonal residents seeking a luxurious island/beach lifestyle similar to locations such as Boca Grande.
Highlights
- Currently approved for 14 units / up to 21 or more
- Direct frontage on Sanibels stunning white-sand beaches
- In the Resort Housing District
- In the sought-after east side of Sanibel, not far from the causeway access point (shorter driving time on and off-island)
- Over 300 feet canal frontage
- Over 300 feet of direct Gulf beach frontage
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Contacts
Gary Tasman
Lane Boy
Location
Located at 527 E Gulf Dr, Sanibel, FL 33957, this property is part of the Sanibel neighborhood and Southwest Florida Coast market.
Contact 527 E Gulf Dr
