waterfront lands for sale Fort Myers Beach, United States

A once-in-a-generation Gulf-front redevelopment opportunity on Sanibel Island. Offering approximately 2.54 acres and an extraordinary 300 feet of beach frontage along the Gulf of Mexico, this former six-unit Clamshell condominium site presents a combination of scale, location and development potential rarely available on the island, especially at this price point. Due diligence has begun toward the potential replat of the property into four single-family residential lots, creating the opportunity for four individual Gulf-front homesites while retaining Resort Housing zoning and its associated rental flexibility. Subject to applicable approvals, a buyer pursuing a major subdivision and replat could create a beachfront enclave tailored to their vision such as develop all four homesites for construction or resale, retain one or more parcels for a private residence while selling the remaining lots to help offset acquisition and development costs, or explore other redevelopment possibilities afforded by this exceptional site. Within Sanibel's Resort Housing District, the property offers important flexibility for future redevelopment, including nightly rental opportunities, relief from certain Angle of Light restrictions applicable to single-family residential development and the ability to build three stories above required flood elevation, subject to applicable approvals and regulations. These provisions, combined with the property's substantial Gulf frontage and acreage, create a compelling foundation for an extraordinary new beachfront community. The property was formerly home to the Clamshell condominium complex, consisting of six townhome-style condominium residences within three buildings that were demolished following Hurricane Ian. For purposes of Sanibel's Buildback Ordinance, the pre-storm development consisted of three three-bedroom and three two-bedroom units, a swimming pool and private beach boardwalk. Zoned Resort Housing, the property includes D-1 (Lowlands Wetland Zone), E-2 (Gulf Beach Ridge) and A (Gulf Beach Zone) designations. Numerous redevelopment possibilities exist, with future residences positioned to capitalize on exceptional beach frontage, Gulf views and direct access to one of Sanibel's greatest natural assets. Centrally between Sanddollar and Signal Inn, the site offers convenient access to an 18-hole golf course, restaurants, shopping, resorts and Sanibel's scenic shared-use path system. Opportunities of this magnitude are exceedingly difficult to replicate with approximately 2.5 acres, 300 feet of Gulf frontage, Resort Housing flexibility and the potential to create four individual Gulf-front homesites or an entirely new beachfront community. An exceptional opportunity to shape a significant piece of Sanibel's next chapter.

Rare opportunity to own over half an acre on intersecting canals, delivering expansive water views and unparalleled design flexibility. This oversized homesite invites you to build a custom waterfront estate without limitations of a traditional lot, where your vision can come to life.

Discover an extraordinary opportunity to create a legacy property in one of Sanibel Island's captivating natural settings. Along the tranquil banks of Clam Bayou and encompassing nearly one acre of land, this exceptional homesite offers the ideal foundation for a custom waterfront residence designed to embrace the beauty, serenity and timeless allure of island living. Already enhanced with a cleared building site, an existing in-ground pool and a newly constructed private dock, the property is uniquely positioned to accelerate the journey from vision to reality. Here, every day begins with panoramic views across the protected waters of Clam Bayou, where mangrove islands rise from the landscape and an abundance of native wildlife creates an ever-changing natural spectacle. Beyond, glimpses of the Gulf waters complete a breathtaking backdrop that promises unforgettable sunsets and a profound connection to Sanibel's celebrated coastal environment. Located within the ecological zone Upland Wetland (D2), the property offers approximately 25% allowable impervious coverage and 30% allowable developed-area coverage. Based upon the Lee County Property Appraiser's reported lot size of 37,407 square feet, this equates to approximately 9,350 square feet of impervious area and approximately 11,222 square feet of developed area, providing remarkable flexibility for the design of a substantial custom residence and outdoor living environment. Whether your vision includes expansive terraces overlooking the bayou, walls of glass framing the surrounding natural beauty, a resort-inspired poolside retreat, guest accommodations or dedicated spaces for entertaining, this generous homesite presents a rare opportunity to design without compromise. New construction also offers the confidence and peace of mind that comes with modern engineering standards and the latest building codes, allowing you to create a home that is both beautiful and resilient. From your private dock, launch a paddleboard, kayak or small boat and explore the winding waterways that make Sanibel one of Florida's most treasured island destinations. Spend your mornings gliding through quiet mangrove tunnels, your afternoons observing dolphins, manatees and shorebirds and your evenings enjoying the spectacular colors of the Gulf sky reflected across the bayou's calm waters. Opportunities of this caliber are increasingly rare: a nearly one-acre waterfront homesite, thoughtfully prepared for development and surrounded by protected natural beauty. Here, the setting is inspiring, the possibilities are extraordinary and the lifestyle is unmistakably Sanibel.