Residential Land For Sale

Picture of Residential Land For Sale in Sanibel, Florida, United States

$15,000,000

6520 Pine Ave Lot 4
Sanibel, Florida, United States

Listed By: Realtyww Info

Listed On: 06/07/2023

Listing ID: GL10213266 View More Details

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 and 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. More details to follow in the coming days. 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

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Listed by: Kingfisher Real Estate, Inc.