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$280,000
2026032779 MLS ⋅ Sanibel Bayous BLDG.
Incredible Value! Such a deal for someone wanting to live their island dream! This property was purchased for 280K 5 years ago, the Sellers are very motivated! Design your dream home from the ground up with every detail, just how you imagined it. But the real magic?? Morning laps just steps away in the sparkling community pool (hello, low-impact cardio and instant refresh). Afternoon rallies on the tennis courts (your built-in stress relief + social time). Evening strolls to your private community beach access (no crowds, no parking stress, just sand, serenity, and sunset skies). Now you find out that you can start this dream...at a dream price!

5398 Osprey Ct, Sanibel
$2,989,000
2026018701 MLS
Exceptional mixed-use investment opportunity in the heart of Sanibel Island’s Town Center Commercial District.Situated on highly traveled Palm Ridge Road, this unique property offers outstanding visibility, a consistent incomehistory, and the rare combination of commercial frontage with scenic lake views and tropical wildlife surroundings.The property consists of three buildings featuring seven remodeled residential apartments and six establishedcommercial units, along with two separate garage/storage rentals providing additional income. Several residentialunits enjoy peaceful lake views, enhancing tenant appeal. The residential component includes seven bedrooms andseven bathrooms, while the 6 commercial spaces are equipped with eight half-bathrooms, allowing for flexibleconfigurations suited to professional, retail, service, or live-work uses. This asset has a proven track record as anincome-producing property and has previously been utilized by the City of Sanibel, underscoring its versatility andlong-term value within the community. Ideally positioned with convenient access to Captiva and all areas of Sanibel,the property is located within one of the island’s most established and desirable commercial corridors. Occupancyhas remained consistently strong, with all commercial units currently leased and all but one residential unit occupied.Detailed rent rolls and financials are available to qualified buyers. For investors seeking to be part of the early stagesof Sanibel and Captiva’s resurgence, this property offers a rare opportunity to acquire a stabilized, income-producingasset while positioning for the next chapter of growth, revitalization, and long-term appreciation in one of SouthwestFlorida’s most iconic island markets.

2430 Palm Ridge Rd Unit 2426, Sanibel
$549,000
2026027263 MLS ⋅ East Rocks BLDG.
Build your dream island home on this exceptional vacant homesite located on a quiet cul-de-sac in one of Sanibel's most desirable neighborhoods. Situated within East Rocks, this lot offers a rare opportunity to create a custom residence in a peaceful setting surrounded by native vegetation and the natural beauty that makes Sanibel so special. Conveniently located near world-renowned beaches, bike paths, nature preserves, shopping, dining, and Sanibel's vibrant island amenities, this property provides the perfect balance of privacy and accessibility. Whether you're envisioning a seasonal retreat or a full-time residence, this prime homesite offers endless possibilities to design and build the island home you've always imagined. Neighboring property located at 564 Chert Ct. is also available for purchase.

572 Chert Ct, Sanibel
$485,000
2026018591 MLS ⋅ Gumbo Limbo BLDG.
Don't miss this exceptional opportunity to build your dream home on one of Sanibel Islands largest lakefront lots! This stunning property is located in the highly sought-after Gumbo Limbo neighborhood of Sanibel. Considered the heart of the island, this lot sits within easy walking distance of Jerry's market and cafe, multiple island shops, top-rated dining and entertainment, and a tranquil nature preserve. The lake views from your to-be-built home are truly breathtaking! The DEP has already issued a general permit for a single-family residence and the lot can now be prepared for your custom home build. Just a short drive to the Causeway, beautiful beaches, top-rated restaurants, and all the best that Sanibel has to offer. Enjoy tropical surroundings, 25 miles of bike trails, 15 miles of sandy beaches, fishing, boating, and some of the best shelling on earth. This rare lakefront lot is your chance to own a piece of paradise on Sanibel. Act now before prices rise, as new developments and remodels are occurring throughout the Island. Don't wait, own the land and build at your leisure. This opportunity won't last!

9436 Beverly Ln, Sanibel
$2,700,000
2026002508 MLS ⋅ Pelican Place Shopping Center BLDG.
Income-producing two-story commercial building in the heart of Sanibel’s Central Business District, offering 175 feet of prime Palm Ridge Road frontage and outstanding visibility. Zoned Town Center Limited, the preferred location for retail and mixed-use opportunities, and is designated G (Altered Lands) under the City of Sanibel Comprehensive Land Use Plan. The fully leased first floor provides immediate, stable cash flow, while each level offers 4,066 square feet of space. Constructed with steel-reinforced concrete slab and concrete stem wall footings for long-term durability and low maintenance. The second floor presents future residential potential, with architectural plans already prepared and subject to City approval—creating meaningful value-add and additional income upside. A strategic opportunity to secure high-visibility Sanibel commercial real estate with both current performance and long-term growth potential. Building currently being repainted & doors replaced on second floor.

2440 Palm Ridge Rd, Sanibel
$499,000
2025004330 MLS ⋅ Palm Lake BLDG.
Offering the perfect located lot to build the perfect Sanibel home. This lot borders beautiful Palm Lake, it only 2 lots from West Gulf Drive and a 2minute walk to the beach via your deeded beach access. The Palm Lake community is situated just off of West Gulf Drive in Sanibel's peaceful West End. The lothas recently been cleared of a former cottage. The trees and other vegetation remain. The lot is 100' across the front and back and 155' deep-plenty of buildablespace for a new Sanibel home. This buildable vacant property has all the components to provide the new owner with the best of Sanibel. It's all about location!

231 Palm Lake Dr, Sanibel
$650,000
225025395 MLS ⋅ Palm Lake BLDG.
Amazing Opportunity to build your Dream Beach House!! Greeted by mature Royal Palms lining the property. Very Spacious vacant lot just steps to the Beautiful Beaches of Sanibel!! So close to the beach that you can hear the waves!! Spacious lot is overlooking the length of the lake for wonderful serene lake views. Sanibel's well known Bike Path is along the front of the property providing easy bike access to all of Sanibel! Best value for a new home site extremely close to the beach along West Gulf Drive.

327 Palm Lake Dr, Sanibel
$399,000
224066994 MLS ⋅ Seagull Estates BLDG.
This is one of those extremely rare once-in-a-generation opportunities resulting from the adversity of Hurricane Ian. The former home (built in 1988) has been demolished leaving an unusually rare buildable lot in Sanibel's extremely popular near-beach community of Seagull Estates. This large lot is almost 1/2 an acre and is positioned to offer amazing lake views and a south-facing orientation for a new home to enjoy. No vacant lot has been traded in the history of the San/Cap MLS and this is currently the only vacant lot available or has been available in decades in this community. This Old Florida-inspired community has long been admired by buyers and locals alike and now someone has the opportunity to construct a new home, up to the newest standards in construction and luxury, all within the rhythm and harmony of the community's cohesive look. This property is literally just steps to the beach access, community pool, clubhouse, and Sanibel's miles of wonderful bike and walking paths. Ideally located off of West Gulf Drive, this opportunity to build new within the community of Seagull Estates is a truly unique, rare and once-in-a-generation.

224 Daniel Dr, Sanibel