Build Your Dream Home or Restore Old Florida Charm on Sanibel Island. This extraordinary 0.61-acre waterfront property presents a rare opportunity to build your custom dream home in an area where nearby homes sell in the mid to low $3 millions. Alternatively, for those who cherish the charm of Old Florida, the existing two charming cottages offer a nostalgic retreat waiting to be lovingly restored. The main home features 3 bedrooms and 2 baths, while the guest cottage provides a private 1-bedroom, 1-bath getaway—perfect for visitors or rental income. Boasting direct deep water Gulf access with no bridges, this is one of Sanibel Island’s most private and premier waterfront properties. Enjoy over 100 feet of water frontage with stunning western exposure, delivering breathtaking sunsets over Dinkins Bayou every evening. The property’s big water views and panoramic vistas make it truly exceptional. For boating enthusiasts, a substantial dock with an impressive 10,000-pound boat lift and additional mooring space for multiple boats ensures effortless access to the open water. Within just 5 minutes by boat, you’ll reach the Intracoastal Waterway, unlocking endless opportunities for fishing, island hopping, and coastal exploration. Whether you envision an elegant new waterfront estate or wish to preserve and enhance the classic charm of the existing cottages, this property offers unparalleled potential in a coveted Sanibel Island location. A rare find—don’t miss this opportunity to own a piece of paradise.