Cushman & Wakefield | Commercial Property Southwest Florida is pleased to present this rare opportunity to secure an oceanfront condominium redevelopment site on Sanibel Island in Southwest Florida.
Currently approved for 14 units and in the Resort Housing District, this property represents a blank canvas for astute buyers/developers to capitalize on the waterfront location and be a part of Sanibel’s ongoing redevelopment into a world-class tourism destination.
The property is within the A-Gulf Beach Zone (preservation area, only dune walkover to beach allowed), D2-Upland Wetland and E2-Gulf Beach Ridge Zone. In addition to condo redevelopment, single-family houses, duplexes, and residential cluster developments are also permitted uses.
Sanibel is a prime destination for permanent and seasonal residents seeking a luxurious island/beach lifestyle similar to locations such as Boca Grande.
