7 months on rocket

1801 Olde Middle Gulf Dr, Sanibel, FL, 33957

$6,500,000

2.54 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
CoolingOther
WaterfrontGulf
ViewGulf
MLS #224042001
Lot Size2.54 Acres
StatusActive

About 1801 Olde Middle Gulf Dr

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.

Property Details

Property Features

Listing Office:

  • Office Name: Premier Sotheby's Int'l Realty
  • Office Phone: (239) 472-2735
  • Listing Agent: Jeffrey Burns

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf

Lot Features

Lot Information:

  • Lot: See Remarks
  • Lot Size: 2.54 Acres

Utilities

Utilities Information:

  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,500,000
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Housing Market Comparison

See how this home compares to others in Sanibel, FL.

Med. Sold Price

$1.0M

Med. Price/SqFt

$565

Avg. Days On Market

103

# of Sold Homes

13

1801 Olde Middle Gulf Dr vs Sanibel

227 DAYS ON ROCKET

+124 Days

$6,500,000

+$5.5M More

KEY TAKEAWAY

This property is $5.5M more than the Median Sold Price in Sanibel, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224042001

Listing Office:

  • Office Name: Premier Sotheby's Int'l Realty
  • Office Phone: (239) 472-2735
  • Listing Agent: Jeffrey Burns

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$32.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.5K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1103754
10
/10
  • Fort Myers Beach Elementary School

  • 2751 Oak St

  • 7.66 miles

  • Public District Grades KG-5

school-card-donut-1103755
5
/10
  • Harlem Heights Community Charter School

  • 15570 Hagie Dr

  • 10.25 miles

  • Public Charter Grades KG-5

school-card-donut-1103756
7
/10
  • Heights Elementary School

  • 15200 Alexandria Ct

  • 10.56 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $207,404. Residents of Sanibel, FL typically earn $200k+ each year. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1801 Olde Middle Gulf Dr

What is the listing price of this property?

The listing price of 1801 Olde Middle Gulf Dr property is $6,500,000.

What type of property is this?

The property 1801 Olde Middle Gulf Dr is land located in Sanibel, Florida, 33957.

Is this property for sale now?

Active Listing: 1801 Olde Middle Gulf Dr is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1801 Olde Middle Gulf Dr is 2.54 acres.
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Rocket HomesFloridaLee CountySanibel339571801 Olde Middle Gulf Dr

This home is located at 1801 Olde Middle Gulf Dr in Sanibel, FL and zip code 33957. This home sits on a 2.54 acre lot. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $6,500,000.

Over 0 listings were sold over their listed price in November 2024 in Sanibel, FL. In the same period over 12 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Sanibel, FL increased by 30.1% between October 2024 and November 2024. While the average time on the market in November 2024 was 103 days, the median list price was $1,000,000.

From Rocket Homes Real Estate and based on county public records data.

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