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$5,300,000
New Listing
706 Donax StreetSanibel, FL 33957
For Sale|Hotel/Motel|Active
0
Beds
0
Total Baths
1960
Built
County:
Lee
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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!
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Listing Snapshot
Price
$5,300,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.5 Acres
Year Built
1960
MLS® Number
2026014066
Status
Active
Property Tax
$22,162.48
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 20 hours ago | Listing first seen on site | |
| 24 hours ago | Listing updated with changes from the MLS® |
General Features
Acres
0.5
Number Of Stories
2
Property Sub Type
Hotel/Motel
Interior Features
Cooling
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Community Features
MLS Area
SI01 - Sanibel Island
Listing courtesy of Premier Sotheby's Int'l Realty
The data relating to real estate for sale on this website comes in part from the Florida Gulf Coast MLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
The data relating to real estate for sale on this website comes in part from the Florida Gulf Coast MLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
Neighborhood & Commute
Source: Walkscore
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