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    Sanibel, FL Apartment Buildings for Sale

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    Fort Myers, FL Fort Myers Beach, FL St James City, FL Cape Coral, FL
    Mixed-Use Property with Lake Views
    Updated: Jul 6
    Mixed-Use Property with Lake Views

    2430 Palm Ridge Road, Sanibel, FL 33957

    $2,989,000
    0.99 AC lot
    Three‑building mixed‑use property on Palm Ridge Road with Lake waterfront frontage
    7 remodeled residential apartments plus 6 established commercial units
    Residential layout includes 7 bedrooms and 7 bathrooms; several units offer lake views
    Commercial spaces include 8 half‑bathrooms for flexible professional, retail, service, or live‑work configurations
    Additional income from 2 separate garage/storage rentals
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    Mixed-Use Property with Commercial Units
    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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    Sanibel Island Beachfront Redevelopment Opportunity
    Sanibel Island Beachfront Redevelopment Opportunity

    1801 Olde Middle Gulf Drive, Sanibel, FL 33957

    $5,999,000
    2.54 AC lot

    2.54 acres of beachfront land zoned multifamily on Sanibel Island.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Cape Coral 8-Plex Investment Opportunity
    Cape Coral 8-Plex Investment Opportunity

    1429 SW 48th Terrace, Cape Coral, FL 33914

    $789,999
    0.09 AC lot

    Well-maintained, fully occupied 8-plex near Cape Harbour Marina.

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    Quadplex with Separate Beach Cottage
    Quadplex with Separate Beach Cottage

    161 / 163 Mango St lot: 8, Fort Myers Beach, FL 33931

    $1,799,000
    0.13 AC lot

    Remodeled quadplex plus separate beach cottage on a double parcel with direct steps-to-beach access.

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    Well-Maintained 8-Plex Investment Opportunity
    Well-Maintained 8-Plex Investment Opportunity

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

    $789,999

    Fully occupied 8-plex in SW Cape Coral with pool.

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    Fort Myers Beach Multifamily Property
    Fort Myers Beach Multifamily Property

    83 Blackbeard Way, Fort Myers Beach, FL 33931

    $475,000
    0.07 AC lot

    Multifamily property for sale in Fort Myers Beach, Florida.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Lot in Treasure Island
    Waterfront Lot in Treasure Island

    141 104TH AVENUE, Treasure Island, FL 33706

    $2,225,000
    0.34 AC lot

    Waterfront lot zoned for multifamily residential use in Treasure Island.

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    Prime Miami Development Opportunity
    Prime Miami Development Opportunity

    2801 NW 102nd St, Miami, FL 33165

    $4,350,000
    0.96 AC lot

    Rare 1-acre parcel in Miami, pre-approved for 80+ units.

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    Ocean Springs Highway 90 Land
    Ocean Springs Highway 90 Land

    Bienville Blvd, Ocean Springs, MS 39564

    $675,000
    143,748 sqft 3.30 AC lot

    3.3 acre commercial land on Highway 90, Ocean Springs.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

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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.

    4150 Dingman Dr
    Multifamily properties

    4150 Dingman Dr, Sanibel, FL 33957

    Value Estimation by Request
    View details

    Sanibel, FL Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Sanibel, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $11,977,000.

    Sale prices for two-family homes in Sanibel, FL start at $2,989,000, averaging $3,992,333, and reaching up to $5,999,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 6,402
    Population Growth (5Y) -11.4%
    Median Household Income $122,730
    College Educated 89.3%

    High-Yield Neighborhoods for Investment

    Identify Sanibel submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    33957 $6M

    Taxes & Financing

    Tax Rate (average for all types) 1.24%
    Property Tax per SF $18.42 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lee County

    New Delisted

    Total CRE Inventory on Market (SF)

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