Apartment Building

Sanibel, FL Apartment Buildings for Sale

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Fort Myers, FL Fort Myers Beach, FL St James City, FL
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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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 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.

Furnished 16-Unit Vacation Rental Property
Furnished 16-Unit Vacation Rental Property

5126 Coronado Pkwy, Cape Coral, FL 33904

$9,500,000
26,440 sqft

Direct Gulf access complements private boating amenities, covered parking, and a saltwater pool.

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16-Unit Apartment Building with Boat Slips
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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46-Unit Multifamily Portfolio
46-Unit Multifamily Portfolio

5450 54505460 5th Ave, Fort Myers, FL 33901

$7,200,000

Income property portfolio spanning apartment buildings, duplexes, single-family homes, and a condominium across Fort Myers-area locations.

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Fort Myers Apartment Communities Portfolio
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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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.

Sanibel, FL Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Sanibel, FL on our real estate platform.

Sale prices for apartment complexes 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.

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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 $3M

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)

Average Property Price per SF

For-sale Residential Income pricing trends in Lee County

Residential Income

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