1801 Olde Middle Gulf DR, Sanibel, FL 33957

$5,999,000

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List Price
$5,999,000
Status
ACTIVE
Days on Market
810
Price Change
▼ $501,000 1743564881
MLS#
224042001
Subtype
Land
Lot Size
110,642
Acres
2.54
Subdivision
Clamshell Condo
Neighborhood
Clamshell Condo
MLS Area Major
SI01 - Sanibel Island

Property 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.

Additional Information

Amenities
Beach Access, Pool, See Remarks
Taxes
$9,985
View
Gulf

Courtesy of Premier Sotheby's Int'l Realty.

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