10 days on rocket

1801 Olde Middle Gulf Dr, Sanibel, FL, 33957

$6,999,000

2.54 Acres
Land
Schools Nearby

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

School Info

Assigned Schools Information:

  • Cypress Lake High School, Public Magnet Grades 9-12
  • South Fort Myers High School, Public District Grades 9-12
  • Estero High School, Public District Grades 9-12
  • The Sanibel School, Public District Grades PK-8
  • Heights Elementary School, Public Magnet Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,999,000
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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

$553

Avg. Days On Market

76

# of Sold Homes

44

1801 Olde Middle Gulf Dr vs Sanibel

10 DAYS ON ROCKET

-66 Days

$6,999,000

+$5.9M More

KEY TAKEAWAY

This property is $5.9M 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: 5/20/2024, 11:20:35 AM 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

$34.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$21K

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.

Elementary School

school-card-donut-4224460
9
/10
  • The Sanibel School

  • 3840 Sanibel Captiva Rd

  • 3.66 miles

  • Public District Grades PK-8

school-card-donut-4224461
7
/10
  • Heights Elementary School

  • 15200 Alexandria Ct

  • 10.58 miles

  • Public Magnet Grades PK-5

High School

school-card-donut-4224462
4
/10
  • Cypress Lake High School

  • 6750 Panther Ln

  • 12.55 miles

  • Public Magnet Grades 9-12

school-card-donut-4224463
2
/10
  • South Fort Myers High School

  • 14020 Plantation Rd

  • 15.12 miles

  • Public District Grades 9-12

school-card-donut-4224464
4
/10
  • Estero High School

  • 21900 River Ranch Rd

  • 16.40 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $207,404. Most Sanibel, FL residents have annual incomes $200k+. Residents typically live in married, no kids family. The majority of 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 $6,999,000.

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.

What are the assigned schools for this property?

The assigned schools for 1801 Olde Middle Gulf Dr are:
The Sanibel School: GreatSchools Rating 9/10
Heights Elementary School: GreatSchools Rating 7/10
Cypress Lake High School: GreatSchools Rating 4/10
South Fort Myers High School: GreatSchools Rating 2/10
Estero High School: GreatSchools Rating 4/10

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 $6,999,000.

While more than 2 listings in Sanibel, FL in April 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 37 were sold below. The number of listings in Sanibel, FL decreased by 1% between March 2024 and April 2024. The median list price of listings available in April 2024 was $1,000,000, while the average time on the real estate market was 76 days.

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

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