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Mixed-Use Income Property with Commercial Units

2430 Palm Ridge Road Sanibel, FL 33957

2430 Palm Ridge Road, Sanibel, FL, 33957
$2,989,000
For Sale
$2,989,000

COMMERCIAL - Sanibel, FL

Lot Size0.99 Acres
Days on Market12

Property Features for 2430 Palm Ridge Road

General Information

Property type
Commercial Sale
Property subtype
Office
Standard status
Active
APN
26-46-22-T2-0030E.0070
Lot size
0.99 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
PALM RIDGE BLK E PB 23 PG 57 LOT 7
Tax Annual Amount
3828

Utilities

Water front features
Lake
Water front
1

Building Details

Year built
1972
Floors in Building
2
Listing Agency Royal Shell Real Estate, Inc.
15050 Captiva Drive, Fort Myers, FL
Listed by Michael McMurray · License #280500145
Added: Jul 6 Checked: Jul 17 at 11:06 pm
MLS# 2026018701

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This mixed-use income property includes three buildings with seven remodeled residential apartments and six established commercial units, along with two separate garage/storage rental units. The residential portion is configured with seven bedrooms and seven bathrooms, and several apartments offer lake views. The commercial spaces include eight half-bathrooms, supporting flexible layouts for a variety of professional, retail, and service or live-work use.

The property is located at 2430 Palm Ridge Road in Sanibel, Florida, and is described as being in the Town Center Commercial District with prominent visibility along Palm Ridge Road.

Current leasing includes all six commercial units leased and all but one residential unit occupied. Detailed rent rolls and financial information are available to qualified buyers.

Key Highlights

  • 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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

Auto Repair Shop Dental Office Electrical Service Big Box & Wholesale Store Grocery & Convenience Store Kitchen & Bath Showroom HVAC Service Skin Care Clinic Catering Service Barber Shop

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

FAQs

What type of property is this?
Apartment building - This mixed-use income property includes three buildings with seven residential apartments and six commercial spaces, plus two garage/storage rentals.
Where is this apartment building located?
The property is located at 2430 Palm Ridge Road Sanibel, FL.
What is the asking price?
The asking price for this property is $2,989,000.
What are key features of this property?
This property features: 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
Contact an agent
More about this property
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