706 Donax Street, Sanibel, FL 33957
sale
$5,300,000
|
Other
Courtesy Of Premier Sotheby's Int'l Realty
Once in a generation opportunity to own not one, but two, of the few remaining motel/hotel establishments on Sanibel Island! Legally permitted for nightly rentals and generating close to $1,000,000 in annual revenue, the Palmview and Sandpiper Inns are powerhouse performers with strong historical and future rental performance. Receiving a ground up renovation in 2024 with existing management in place (if the new owner so desires), both are well outfitted to offer their new owner a consistent, worry-free, income for years to come! Agent possesses interest in this property.
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Property Features
- Age: Over 50 Years Old
- Floors: 2
- Legal Description: SANIBEL SHORES NO.1 BLK 4 PB 6 PG 7 LOT 12,14,15
- MLSID: 2026014066
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