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    2904-2938 Sanibel Blvd, Unit 1-20 St James City, FL 33956

    For Sale
    $4,900,000

    Waterfront motel with beach access and canal mangrove.

    Lot size:
    3.90 Acres

    Property Features for 2904-2938 Sanibel Blvd

    General Information

    Lot size
    3.90 Acres

    Building Details

    Year built
    1959

    Source: RE/MAX Realty Group Agent Lene Peach

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Motel for Sale

    This property includes a motel and two additional parcels: a beach lot and a mangrove area located in the canal. There are three parcels included in the sale.
    Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Realty agency Restaurant Spa & Massage Nail Salon Auto Repair Shop Wholesale Shop Department Store Bar & Pub Grocery Store Hotel & Motel

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

    Similar Places Nearby

    Off the Charts Inn & Out Island Resort, 2 Fish Inn, Little hidden paradise vacacional Rent, Little hidden paradise vacacional Rent, Florida Vacation Rentals by Trens-family

    Location Insight

    • Map
    • Local Demand
    City
    St James City
    County
    Lee
    State
    Florida
    Longitude
    -82.0828819
    Latitude
    26.5021655

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    FAQs

    What type of property is this?
    Motel - Waterfront motel with beach access and canal mangrove.
    Where is this motel located?
    The property is located at 2904-2938 Sanibel Blvd, Unit 1-20 St James City, FL.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: - Three parcels included: Motel, Beach Lot, and Mangrove in Canal; - Beach Lot Included; - Motel Included
    (502) 803-5058
    Request Owner's contact information
    2904-2938 Sanibel Blvd, Unit 1-20 St James City, FL 33956
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    St James City, FL 33956
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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
    2904-2938 Sanibel Blvd, Unit 1-20 St James City, FL 33956
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