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$11,500,000
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Property 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.
Full Property Details
Full Property Details for 3517 W Gulf Dr
General
- Price: $11,500,000
- Taxes: (2024)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 2025026145
- Updated: 12/29/2025
- Added to Site: 114 day(s) ago
Additional Information
- Shared Amenities: Beach Access, Non-Gated
Location
- Area: SI01 - Sanibel Island
- County: Lee
- Subdivision: METES AND BOUNDS
- Building Name: METES AND BOUNDS
- Direction Faces: Northeast
Community
- Assoc. Fees Include: None
Utilities
- Sewer: Central
- Water: Central
- Utility Description: Other
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: Gulf
- Lot Size (Acres): 3.359
- Lot Size (Sq. Ft.): 146,318
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 235 x 232 x 677 x 684
- Frontage Feet: 235
- Street/Road Desc.: Paved
- Irrigation System: Central
- Lot Features: Oversize
- Lot Description: Oversize
Water Features
- Water Front: Yes
- Water Front Desc.: Gulf Frontage
- Canal Width: None
Financial Considerations
- Price Per Acre: $3,423,637
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: FR A PT E534.94 PERP TO E LI OF SEC TH NW318 ALG R/W TO POB DESC OR2586/2800
- Property ID: 28-46-22-T3-00006.0130
- Section: 28
- Block: 6
- Lot Number: 13
Listed by Kingfisher Real Estate, Inc.
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Schools
Schools serving 3517 W Gulf Dr
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
The Sanibel School 3840 Sanibel Captiva Road, Sanibel, FL 33957 | 6-8 | 1.4 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 14.8 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 17.7 mi |
Estero High School 21900 River Ranch Road, Estero, FL 33928 | 9-12 | 19.2 mi |
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901 | 9-12 | 19.7 mi |
Bonita Springs High School 25592 Imperial Parkway, Bonita Springs, FL 34135 | 9-12 | 21.4 mi |
Dunbar High School 3800 Edison Avenue, Fort Myers, FL 33916 | 9-12 | 21.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3517 W Gulf Dr
Date
Details
Price
Change
Source
12/29/2025
Listed
$11,500,000
—
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 3517 W Gulf Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$79,680
8%
$6,156,164
6%
2024
$73,924
16%
$5,821,550
32%
2023
$63,613
-12%
$4,425,870
-21%
2022
$72,150
10%
$5,606,144
22%
2021
$65,523
-2%
$4,607,944
—
2019
$66,920
-2%
$4,607,944
—
2018
$68,373
-12%
$4,609,042
-9%
2017
$77,440
7%
$5,074,345
9%
2016
$72,398
-6%
$4,658,275
-4%
2015
$77,392
-14%
$4,847,236
-13%
2014
$89,822
10%
$5,566,912
12%
2013
$81,696
—
$4,957,012
—
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 3517 W Gulf Dr
3517 W Gulf Dr, Sanibel, FL 33957 (MLS# 2025026145) is a Residential Lots property with a lot size of 3.359 acres. 3517 W Gulf Dr is currently listed for $11,500,000 and was received on December 29, 2025. Want to learn more about 3517 W Gulf Dr? Do you have questions about finding other Residential Lots real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.

