Mixed-Use Property with Retail and
2430 Palm Ridge Road Unit 2426 Sanibel, FL 33957
For Sale
$2,989,000
Three-building mixed-use property with seven remodeled apartments, six leased commercial units, and two garage/storage rentals.
Days on Market34
Property Features for 2430 Palm Ridge Road Unit 2426
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1972
Listing Agency:
Royal Shell Real Estate,Inc.
Listed By:
Michael McMurray
(239) 472-2411
Source:
Johnrwood
Added: Jun 26
Changed: Jul 27
Last Checked: Jul 28 at 10:33PM
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 Royal Shell Real Estate,Inc.
Investment Insights
Based on property information with market context.
This three-building mixed-use property includes seven remodeled residential apartments and six established commercial units, plus two separate garage or storage rentals. The residential component is configured with seven bedrooms and seven bathrooms. The commercial spaces are described as having eight half-bathrooms, supporting a range of professional, retail, service, or live-work style layouts.
Located in Sanibel’s Town Center Commercial District on Palm Ridge Road, the property is positioned for visibility and convenient access to Captiva and other areas of Sanibel. Several residential units are described as offering lake views.
Current leasing information provided indicates all commercial units are leased and all but one residential unit is occupied. Detailed rent rolls and financials are available to qualified buyers.
Located in Sanibel’s Town Center Commercial District on Palm Ridge Road, the property is positioned for visibility and convenient access to Captiva and other areas of Sanibel. Several residential units are described as offering lake views.
Current leasing information provided indicates all commercial units are leased and all but one residential unit is occupied. Detailed rent rolls and financials are available to qualified buyers.
Key Highlights
- Three‑building mixed‑use property (built 1972) with seven remodeled residential apartments and six commercial units.
- All six commercial units are currently leased; residential occupancy is all but one unit occupied.
- Residential units total 7 bedrooms and 7 bathrooms, with several units offering lake views.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-building mixed-use property with seven remodeled apartments, six leased commercial units, and two garage/storage rentals.
Where is this mixed-use property located?
The property is located at 2430 Palm Ridge Road Unit 2426 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 (built 1972) with seven remodeled residential apartments and six commercial units.; All six commercial units are currently leased; residential occupancy is all but one unit occupied.; Residential units total 7 bedrooms and 7 bathrooms, with several units offering lake views.
