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Residential Land for Sale in Sanibel, Florida

5706 Sanibel Captiva Rd, Sanibel, FL 33957

$699,000
1.39 acres
Active sale
$200k drop
Est $5,580/mo

Welcome to 5706 Sanibel Captiva Road-arguably the best-priced waterfront property on Sanibel Island and one of the most substantial boating opportunities available across Sanibel and Captiva. Set on a commanding 1.39 acres with more than 300 feet of direct deep-water frontage, this is not merely waterfront property-it is front-row access to the intracoastal playground of Pine Island Sound and the open turquoise waters of the Gulf of Mexico. The West End location offers an increasingly rare combination of privacy, acreage, boating access, and convenience. The property is just minutes by bicycle from the island's renowned beaches, Blind Pass, and the historic Santiva enclave. A quick trip brings you to Captiva Island for waterfront dining, boutique shopping, and legendary destinations such as The Mucky Duck, The Green Flash, and the iconic Captiva Island Store. Build here and position your future home for sweeping views toward the Gulf over Silver Key and sunsets that require no filter. Mangrove-lined shoreline, protected bayou waters, exceptional wildlife, and direct boating access create the kind of setting people spend years trying to find. The water here is not simply decorative-it is alive. Manatees cruise past the shoreline, dolphins regularly put on a show, and Snook, Redfish, Snapper, and Sheepshead make the surrounding waters a year-round fishery. Overhead, Osprey and Bald Eagles patrol the sky. It is nature's highway, and this property gives you one of the best seats on it. A property survey, marine survey, engineering study, and architectural plans for a custom approximately 3,000-square-foot elevated coastal residence, boat dock, and lift have already been completed and are transferable, representing a substantial savings of time and money already absorbed by the current owner. Simply put, buyers seeking the strongest waterfront value currently available on Sanibel should put this property at the top of their list. This is not just another vacant lot. It is a launch point for early-morning fishing runs, sunset cruises, tarpon seasons, island weekends, and a lifetime on the water. For the buyer who views boating not merely as a hobby but as a way of life, this is home port.

Location

Street address
5706 Sanibel Captiva Rd
Zip code
33957
Community
Castaway Estates
Elevation
3 feet
Coordinates
26.4731, -82.1664

Property details

Acreage
1.387 acres60,418 sq ft
MLS #
FMSW 2026010651
Posted

Property taxes

2025
$10,413

Parcels

  • 12-46-21-T4-00010.0000

Legal description

Details and features

Listing

Type
Land

Lot

Vegetation
Brush
View
Water
Waterfront
Canal Access
Features
Oversized Lot

Structure

Water
Public
Sewer
Public Sewer

Listing history

DateEventPriceChangeSource
July 15, 2026Price drop$699,000$200,000 -22.2%FMSW
Mar 2, 2026New listing$899,000FMSW
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This 1.387-acre property is located at 5706 Sanibel Captiva Rd in Sanibel, FL 33957. The land is available for sale, priced at $699,000 — $503,965 per acre.

Listed by Michael Saunders & Company, (941) 639-0000

Checked 2 hours agoUpdated Source

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