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$ 15,000,000
Est. payment | /mo
0.38 Acres Lot
$ 15,000,000
Est. payment | /mo
0.38 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Del Sega
MLS Listing ID 223035058
HOA Y/N No
Annual Tax Amount $15,235
Tax Year 2022
Lot Size 0.378 Acres
Property Description
Located on the west end of Sanibel Island, this one of a kind offering is the only commercial collection of properties of its kind on the island. Five parcels in total, four of which are zoned as General Commercial & the fifth is residential. Known as The Lazy Flamingo Plaza for decades these properties once accommodated The Santiva General Store, The Sunset Grill and the world famous Lazy Flamingo. In addition, corporate offices were here along with apartments. Redevelopment awaits with the potential for mixed use. New construction will afford phenomenal panoramic westerly views of the Gulf of Mexico. Total acreage measures around 1.8 acres. Parcels are as follows: 11-46-21-T1-0010C.0060 - 2495 Coconut Dr (Currently has a warehouse structure) 11-46-21-T1-0010C.0010 - 6536 Pine Ave 11-46-21-T1-0010D.0010 - 6529 Pine Ave 11-46-21-T1-0010C.017A - No street address
Location
State FL
County Lee
Community Del Sega
Area Si01 - Sanibel Island
Exterior
Community Features Non-Gated
Utilities Available Electric
Waterfront Description None
View Gulf
Private Pool No
Building
Lot Description 5 Plus Lots, Across From Beach Access, Across From Waterfront, Irregular Shape, See Remarks
Faces N
Sewer Central
Water Central
Others
Senior Community No
Restrictions None
Listed by Kingfisher Real Estate, Inc.
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