Sands REPM

2761 W Gulf DR photos

2761 W Gulf DR photo 1
2761 W Gulf DR photo 2
Cleared lot
cleared lot with a.i. grass/tree
Old Signage
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2761 W Gulf DR, SANIBEL

Land

Active

$1,500,000

Est. $8,484/mo · Get pre-qualified

Home Type: LandLot Size: 0.498 acres

A Landmark Reimagined – Rare ½ Acre Commercial/Residential Opportunity on West Gulf Drive! Once home to The Sandbar, a beloved island steak and seafood house that embodied Sanibel’s “true island environment,” this cleared half-acre parcel is now poised for its next chapter. Nestled within earshot of the Gulf waves and with the distinction of a prime island address along prestigious West Gulf Drive, the property presents a rare opportunity to shape the island’s future in one of its most coveted settings. The possibilities are as limitless as your vision. Imagine a thriving commercial venture, a welcoming restaurant or boutique, a thoughtfully planned multi-family development, or an exclusive private coastal retreat—this property is the blank canvas to bring those dreams to life. Its location is unmatched: just steps from the brand-new Shalimar Resort, a short stroll to a nearby beach access, a quick bike ride to Bit of Bailey’s Grocery and Rosalita’s Cantina in the revitalized Rabbit Road Center, within easy reach of the Sanibel Rec Center, and just across the street from the beloved shared use path. Rich in history and alive with potential, this is more than just land—it’s an invitation to contribute to Sanibel’s ongoing revitalization. Create something meaningful, build lasting value, and leave your legacy on one of Florida’s most treasured islands.

356 days on market · Listing updated January 7, 2026

Location

Facts & Features

Utilities:
Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Sewer:
Central
Water Source:
Central
View:
Landscaped Area
Waterfront:
None
Direction Faces:
North
Lot Features:
Oversize, Build to Suit, Cleared, Filled
Vegetation:
Brush, Grassed
Irrigation:
None
Road Surface:
Paved
Road Maintenance:
City Maintained
Community Features:
Non-Gated
Subdivision:
NUTMEG VILLAGE
Annual Taxes:
$6,146
Possession:
Close Of Escrow
Listing Terms:
Buyer Finance/Cash

Price History

DateEventPrice
Sep 6, 2025Original list price$1,795,000

Reflects listing data on file, not a complete transaction history.

Listed by Evan duPont, Michael Saunders & Company

$1,500,000

2761 W Gulf DR, SANIBEL

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$8,484

est. monthly payment

Estimate only — actual payment depends on your lender, credit profile, and final loan terms.

The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3468074. Properties displayed on this Website include properties listed with brokerage firms other than Sands Real Estate & Property Management. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service.