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2669 W Gulf Drive, CARIBE BEACH RESORT CONDO TIMESHARESanibel, FL 33957Price: $11,000,000

  • Price: $11,000,000
  • Est. Mortgage of $/month
  • 20 Days on Market
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$
%
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Federal 30-year interest rate: 6.37% last updated on Apr 9, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $11,000,000List Price
  • 2.86Acreage

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o This remarkable 2.86 +/- acre beach-front property sits along the Gulf of Mexico, boasting 200 feet of pristine white sand beach. o 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. o The property presents an exceptional opportunity for a buyer interested in developing a high-end luxury 14-unit condominium project. o The property is primed for a visionary buyer to create a state-of-the-art destination on Sanibel Island. o Poised for a 3-story over parking, 14 unit luxury condominium project. o The property is located within the Gulf Ridge Eco Zone which allows a maximum impermeable coverage of 25% for building, sidewalks, pool decking, etc. o 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.

Property Details of 2669 W Gulf Drive, CARIBE BEACH RESORT CONDO TIMESHARE

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Listed by William Rollins of LSI Companies Inc.

Based on information submitted to Gulf Coast as of April 14, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or Gulf Coast.  All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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