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    1220 Morningside Pl Sanibel, FL 33957

    For Sale
    $3,100,000

    MULTI_FAMILY - Sanibel, FL

    Lot size:
    1.16 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 11 at 3:06 pm

    Property Features for 1220 Morningside Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 5, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 6
    Bedrooms
    6
    Bathrooms
    5
    APN
    20-46-23-T2-00004.0010
    Patio and Porch features
    Deck
    Pets allowed
    Yes
    Pool private
    1
    Exterior features
    Deck
    Lot size
    1.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1958
    Flooring type
    Wood, Tile
    Building materials
    WoodSiding, WoodFrame
    Roof type
    Shingle

    Premier Sotheby's Int'l Realty (239) 472-2735

    Listing agent Tiffany Burns (239) 464-2984 License #280596748

    Listing date Nov 5, 2025

    MLS# 2025018629 Listing URL

    Copyright © 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sanibel Boutique Resort Opportunity

    Located on Sanibel's East End, The Palms of Sanibel is a boutique resort situated on over an acre of land near the beach. The property includes two coastal-style buildings housing four rental cottages. Each cottage features living spaces, full kitchens, bedrooms, and baths. Some cottages include screened porches. A resort-style pool is at the heart of the property, featuring lounge seating and an open-air pavilion. Additional amenities include on-site laundry facilities and a versatile outbuilding suitable for storage, a workshop, or creative expansion. The property is a short walk from Sanibel's beaches and Lighthouse Beach Park, as well as local shops and dining. The Palms of Sanibel is located at 1220 Morningside Place, Sanibel, FL 33957. The property is suitable as a boutique investment, a private family compound, or an exclusive retreat. The lot size is 1.164 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Palms of Sanibel Hotel

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Clothing Store Kitchen & Bath Department Store Grocery Store HVAC Service Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sanibel
    County
    Lee
    State
    Florida
    Longitude
    -82.024604
    Latitude
    26.451011

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    FAQs

    What type of property is this?
    Resort - Boutique resort with rental cottages near Sanibel's beaches.
    Where is this resort located?
    The property is located at 1220 Morningside Pl Sanibel, FL.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: - Boutique resort featuring four rental cottages on over an acre of near-beach property.; - Prime location on Sanibel's East End, a short walk to world-renowned beaches and Lighthouse Beach Park.; - Resort-style pool with lounge seating and open-air pavilion.
    (239) 464-2984
    Request Owner's contact information
    1220 Morningside Pl Sanibel, FL 33957
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1220 Morningside Pl Sanibel, FL 33957
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