Turnkey Beachside Multifamily
610 Donax St 311 Sanibel, FL 33957
For Sale
$1,475,000
Turnkey multifamily on Sanibel Island with five bedrooms, three bathrooms, and a land lease in place.
Days on Market45
Property Features for 610 Donax St 311
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1980
Listing Agency:
CLC Real Estate Corp
(239) 398-4317
Listed By:
April Nixon · License #258020985
(239) 398-4317
Source:
Elliman
Added: Jun 12
Changed: Jul 10
Last Checked: Jul 25 at 12:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CLC Real Estate Corp
Investment Insights
Based on property information with market context.
This turnkey multifamily property offers five bedrooms and three bathrooms. The offering is presented as income-producing, with the ability to assume future bookings already in place. The property also has a land lease in place.
Located on Sanibel Island at 610 Donax St 311, the home is described as just steps from the beach. The public remarks also note proximity to Bailey Homestead Preserve and that daily essentials are accessible nearby, including Jerry's Foods. The listing references a Very Bikeable bikeScore of 75 and a Car-Dependent walkScore of 3.
For investors or operators seeking an income-producing multifamily on Sanibel Island, the practical considerations center on the property’s bedroom and bathroom configuration and the presence of a land lease. With the stated option to assume future bookings, the next buyer should review booking documentation and land lease terms as part of their due diligence. If you are looking for island-based residential income in a market where multifamily opportunities are described as infrequently available, this property is positioned to support an immediate ramp-up to operations after closing.
Located on Sanibel Island at 610 Donax St 311, the home is described as just steps from the beach. The public remarks also note proximity to Bailey Homestead Preserve and that daily essentials are accessible nearby, including Jerry's Foods. The listing references a Very Bikeable bikeScore of 75 and a Car-Dependent walkScore of 3.
For investors or operators seeking an income-producing multifamily on Sanibel Island, the practical considerations center on the property’s bedroom and bathroom configuration and the presence of a land lease. With the stated option to assume future bookings, the next buyer should review booking documentation and land lease terms as part of their due diligence. If you are looking for island-based residential income in a market where multifamily opportunities are described as infrequently available, this property is positioned to support an immediate ramp-up to operations after closing.
Key Highlights
- Turnkey multi‑family on Sanibel Island
- 5 bedrooms and 3 bathrooms
- Land lease in place
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sanibel Surfside, llc
Condominium Complex
FAQs
What type of property is this?
Multifamily property - Turnkey multifamily on Sanibel Island with five bedrooms, three bathrooms, and a land lease in place.
Where is this multifamily property located?
The property is located at 610 Donax St 311 Sanibel, FL.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Turnkey multi‑family on Sanibel Island; 5 bedrooms and 3 bathrooms; Land lease in place
