Skip to main contentSkip to navigation
1 / 31
Images
Map
Street

Residential Land for Sale in Sanibel, Florida

1801 Olde Middle Gulf Dr, Sanibel, FL 33957

$5,999,000
2.54 acres
Active
$501k drop
Est $41,777/mo

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.

Location

Street address
1801 Olde Middle Gulf Dr
Community
Clamshell Condo
Elevation
3 feet
Coordinates
26.4277, -82.0602

Property details

Acreage
2.54 acres
MLS #
FMSW 224042001
Posted

Property taxes

2023
$9,986 - CLAMSHELL CONDO BLDG 1 OR 1399 PG 2376 UNIT A

Parcels

  • 36-46-22-T2-00801.00A0

Legal description

Details and features

Listing

Type
Land

Lot

Waterfront
Waterfront

Structure

Water
Public
Sewer
Public Sewer

Listing history

DateEventPriceChangeSource
Nov 13, 2025Back on market$5,999,000FMSW
Sept 12, 2025Under contract$5,999,000FMSW
Apr 2, 2025Price drop$5,999,000$501,000 -7.7%FMSW
Dec 16, 2024Price drop$6,500,000$499,000 -7.1%FMSW
Aug 6, 2024Back on market$6,999,000FMSW
May 31, 2024Under contract$6,999,000FMSW
May 9, 2024New listing$6,999,000FMSW
Subscribe to listing updates

Payment calculator

This 2.54-acre property is located at 1801 Olde Middle Gulf Dr in Sanibel, FL 33957. The property is available for sale for $5,999,000 with a price per acre of $2,361,811.

Checked 1 hour ago — Updated

Report listing issue

Copyright (C) 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Message rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact