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$11,000,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 2669 W Gulf Dr
General
- Price: $11,000,000
- Taxes: (2025)
- Status: Active
- Type: Acreage
- Source: Bonita_Springs
- MLS ID: 2026014295
- Updated: 3/25/2026
- Added to Site: 1 day(s) ago
Additional Information
- Shared Amenities: None, Condo/Hotel, Non-Gated
Location
- Area: SI01 - Sanibel Island
- County: Lee
- Subdivision: CARIBE BEACH RESORT CONDO TIMESHARE
- Building Name: CARIBE BEACH RESORT CONDO TIMESHARE
- Direction Faces: North
Community
- Assoc. Fees Include: None
Utilities
- Sewer: Central
- Water: Central
- Utility Description: Electricity Available, Phone Available, Sewer Available, Water Available
Structural Information
- Description/Design: Acreage
- Current Bldg. Use: Multi_MF, Other/See Remarks
Lot Features
- Property View: Gulf, Water
- Lot Size (Acres): 2.86
- Lot Size (Sq. Ft.): 124,581
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 196 x 201 x 614 x 603
- Frontage: Public Road
- Frontage Feet: 196
- Irrigation System: None
- Lot Features: Across From Beach Access, Regular
- Lot Description: Across From Beach Access, Regular
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Gulf Frontage, On the Gulf Beach
Financial Considerations
- Price Per Acre: $3,846,153
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: CARIBE BEACH RESORT CONDO A TIME-SHARE OR2728 PG2812 UTS 1A THRU SPIN (26 UNITS)
- Property ID: 35-46-22-T1-02000.01A0
- Section: 35
- Block: 2000
- Lot Number: 1A
Listed by LSI Companies Inc.
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Price & Sales History for 2669 W Gulf Dr
Date
Details
Price
Change
Source
3/25/2026
Listed
$11,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2669 W Gulf Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,813
-3%
$1,193,400
—
2024
$17,284
—
$1,193,400
—
2023
$17,312
2%
$1,193,400
-1%
2021
$16,940
14%
$1,210,325
14%
2022
$14,879
-12%
$1,062,906
3%
2021
$16,940
7%
$1,032,760
-3%
2019
$15,881
-12%
$1,069,560
-11%
2018
$18,144
-14%
$1,199,595
-13%
2017
$21,177
-44%
$1,371,885
-43%
2016
$37,522
2%
$2,405,542
4%
2015
$36,882
9%
$2,305,589
10%
2014
$33,850
-2%
$2,099,305
—
2013
$34,707
—
$2,108,383
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2669 W Gulf Dr
2669 W Gulf Dr, Sanibel, FL 33957 (MLS# 2026014295) is a Acreage property with a lot size of 2.86 acres. 2669 W Gulf Dr is currently listed for $11,000,000 and was received on March 25, 2026. Want to learn more about 2669 W Gulf Dr? Do you have questions about finding other Acreage real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.

