Sanibel, FL Apartment buildings for sale

Updated: Jul 14

Mixed-Use Property with Commercial Units

2430 Palm Ridge Road 2426, Sanibel, FL 33957

$2,989,000

Three‑building mixed‑use property with 7 remodeled residential apartments and 6 commercial units.
All commercial units are currently leased; all but one residential unit is occupied.
0.99‑acre lot with waterfront setting and scenic lake views reported for several residential units.
Residential component totals 7 bedrooms and 7 bathrooms across the 7 apartments.
Commercial spaces include eight half‑bathrooms for flexible configurations.

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Updated: May 28

Mixed-Use Property with Retail and Apartments

2430 Palm Ridge Road, Unit 2426, Sanibel, FL 33957

$2,989,000

Three‑building mixed‑use property (built 1972) with seven remodeled residential apartments and six commercial units.
All six commercial units are currently leased; residential occupancy is all but one unit occupied.
Residential units total 7 bedrooms and 7 bathrooms, with several units offering lake views.
Commercial spaces include eight half‑bathrooms, supporting professional, retail, service, or live‑work configurations.
Two separate garage/storage rentals provide additional income.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Sanibel, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

16-Unit Apartment Building with Boat Slips

5126 Coronado Parkway, Cape Coral, FL 33904

$9,500,000

1.04 AC lot

Fully furnished residences offer canal access, covered parking, private boat slips, and a saltwater pool.

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Fort Myers Apartment Communities Portfolio

8372 Beacon Blvd, Fort Myers, FL 33907

Contact for pricing

142,425 sqft 14.93 AC lot

Two well-maintained apartment communities in a desirable Fort Myers location.

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Courtyard Apartment Building

1429 Sw 48th Ter Unit 3-7, Cape Coral, FL 33914

$789,999

Five seller-owned two-bedroom units offer in-unit laundry, screened lanais, and durable tile or luxury vinyl flooring.

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Two-Story Garden-Style Multifamily

1735 Brantley Rd, Fort Myers, FL 33907

Contact for pricing

Completed in 1985, this two-story garden-style community offers one- and two-bedroom units with updated amenities.

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Off-Market Properties in Sanibel, FL

Consider similar Off-Market properties in Sanibel, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

4150 Dingman Dr, Sanibel, FL 33957

Value Estimation by Request

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Sanibel, FL Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Sanibel, FL on our real estate platform.

Sale prices for two-family homes in Sanibel, FL average $2,989,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
33957	$3.7M

Neighborhood

Average Price

33957

$3.7M

Sanibel, FL Apartment Buildings for Sale

2430 Palm Ridge Road 2426, Sanibel, FL 33957

2430 Palm Ridge Road, Unit 2426, Sanibel, FL 33957