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1101 GULF DRIVE N

Lots/Land For Sale
$5,950,000

BTC: 92.96875000

ETH: 3,305.55555556

141 days
0 room(s)

Overview

Rich in history and ripe with potential on one of the area’s most desirable coastal locations—formerly home to the iconic Queens Gate Resort, the property has been cleared following storm damage and now stands ready for its next chapter. This expansive assemblage of three contiguous parcels and a fourth adjacent parcel offers a clean slate for your vision, whether you’re imagining a boutique lodging experience, a landmark residential development, or a custom dream estate. Zoned R-3, the property presents immense possibilities in a prime location that visionaries will immediately recognize. This is more than a vacant piece of land—it’s your legacy project.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.70 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$290,000
$177K – $4.1M
Confidence Low
List vs. estimate
$5.7M above estimate
List $5,950,000 · +1951.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$44,747
2025
View
Water
All facts and features
  • Lot

    • Lot: 0.70 Acres

    Other Property Information

    • Parcel Number: 7704900005

    • Zoning: R3

  • Type and style

    • Property Type: Land

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $44,748

  • Source details

    • MLS ID: A4676896

    Other facts

    • Lot Features: Buildable / Cleared / Corner Lot / Near Marina / Near Public Transit / Oversized Lot

    • Water Source: Public

    • Lot Size Dimensions: 107 x 280

    • Subdivision Name: BAY MANOR

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: DUNCAN REAL ESTATE, INC.