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Bean Group
Offered at $9,200,000Active
beds
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baths
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sq ft
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Built
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555 E Gulf Drive

Sanibel, FL 33957

About this home

This Sanibel Beachfront Development Opportunity is 3.84 acres (includes all deeded parcels). The buildable acreage is 1.97± acres (includes 1.64 acre lot and 0.327 acres across the street). Electric/Water/Sewer are hook up ready and available utilities on the property. Zoning is E-2/Gulf Beach Ridge and Land Use is Resort Housing District. Whether utilized as a vacation retreat, condominiums, timeshares, investment property, or build your permanent residence, this property offers an opportunity to experience the best of island living in one of Southwest Florida’s most iconic beach destinations … Sanibel Island! Just three miles off the coast of Fort Myers, Sanibel and Captiva Islands offer one of Florida’s most unforgettable vacation or living experiences. This property was formerly the Surfrider Beach Club (31 Unit Timeshares).

Listing last checked: Listing updated:

Listed by Michael Frye · RE/MAX Realty Group · MLS #2026028447

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Details at a glance

Interior1 property facts
Cooling
SeeRemarks
Building1 property facts
Style
Acreage
Land & utilities4 property facts
Lot size
3.84 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Financial3 property facts
Annual taxes
$69,762
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $9,200,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$52,334 / monthAdjust
Principal & interest
$46,520
Property tax
$5,813
Insurance
Not entered
HOA
$0

Listing annual taxes: $69,762. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 555 E Gulf Drive

Can I request a private showing?

Request a tour of 555 E Gulf Drive and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.