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
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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?
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