2430 Palm Ridge Road 2426 Sanibel Sanibel, FL 33957

Building Details

Year Built

1972

Listing office Show Phone

Listing date Jul 14, 2026

Source Movetojacksonville

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 Timothy and Kimberley Simmons

Report an issue

---

Investment Insights

Based on property information with market context.

This mixed-use property includes three buildings with seven remodeled residential apartments and six established commercial units, plus two separate garage/storage rentals for additional income. The residential layout comprises seven bedrooms and seven bathrooms, with several units described as offering lake views. The commercial spaces include eight half-bathrooms, supporting flexible build-outs for a range of professional, retail, service, or live-work configurations.

The property is positioned along Palm Ridge Road in Sanibel’s Town Center Commercial District and is described as having visibility on a highly traveled corridor with lake views and tropical surroundings. The property previously has been utilized by the City of Sanibel, reflecting its versatility.

Current occupancy is reported as strong, with all commercial units leased and all but one residential unit occupied. Detailed rent rolls and financials are available to qualified buyers.

Key Highlights

• Three‑building mixed‑use property with 7 remodeled residential apartments and 6 commercial units.
• All commercial units are currently leased; all but one residential unit is occupied.
• 0.99‑acre lot with waterfront setting and scenic lake views reported for several residential units.

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $2,700,000

  4,066 SF

  Sanibel Commercial Building For Sale

  Income-producing commercial building in Sanibel's Central Business District.

  2440 Palm Ridge Road, Sanibel, FL 33957

  View Details
• 

  $1,495,000

  2,827 SF

  Sanibel Island Commercial Property

  Highly visible commercial property in Sanibel's Town Center corridor.

  2341 Palm Ridge Road, Sanibel, FL 33957

  View Details
• 

  $2,989,000

  Mixed-Use Property with Lake Views

  Three-building mixed-use asset with leased commercial units and lake-view apartments on Palm Ridge Road.

  2430 Palm Ridge Road, Sanibel, FL 33957

  View Details
• 

  $750,000

  1,280 SF

  Elevated Two-Cottage Multi-Family

  Two separate elevated cottages provide flexible live-or-lease options near the beach, with updated roofing installed in 2023.

  746 Cardium Street, Sanibel, FL 33957

  View Details
• 

  $369,000

  Corner Office Condominium Suite

  Professionally updated office condo with three private offices, reception, and extra windows at the end of a small plaza.

  1640 Periwinkle Way, Sanibel, FL 33957

  View Details
• 

  $1,725,000

  2,621 SF

  Stunning Gulf View Home

  Gorgeous home with Gulf and Clam Bayou views, turnkey ready.

  5423 Shearwater Drive, Sanibel, FL 33957

  View Details
• 

  $1,100,000

  Multi-Building Office Campus

  Three connected, recently refreshed office buildings with elevated deck and climate-controlled storage plus private two-car garage.

  1149 Periwinkle Way, Sanibel, FL 33957

  View Details
• 

  $225,000

  987 SF

  Renovated Office Condo on Sanibel

  Completely renovated office condo in the heart of Sanibel Island.

  1640 Periwinkle Way, Sanibel, FL 33957

  View Details
• 

  $2,700,000

  4,066 SF

  Sanibel Commercial Building with Upside

  Income-producing commercial building with future residential potential in Sanibel, Florida.

  2440 Palm Ridge Rd, Sanibel, FL 33957

  View Details
• 

  $679,900

  Sanibel, FL Land For Sale

  Competitively priced lot near the beach, ideal for rental income.

  2807 W Gulf Drive, Sanibel, FL 33957

  View Details
• 

  $1,095,000

  3,000 SF

  Sanibel Commercial Building For Sale

  Commercial building with open floor plan and residential potential.

  905 Fitzhugh Street, Sanibel, FL 33957

  View Details
• 

  $1,495,000

  Town Center Office Building

  Professionally configured office space with multiple private offices, conference rooms, and ample on-site parking.

  2341 Palm Ridge Road Unit A, B, C, Sanibel, FL 33957

  View Details

FAQs

What type of property is this?

Mixed-use property - Three-building mixed-use asset with leased commercial space, remodeled apartments, and additional garage/storage rentals.

Where is this mixed-use property located?

The property is located at 2430 Palm Ridge Road 2426 Sanibel 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 with 7 remodeled residential apartments and 6 commercial units.; All commercial units are currently leased; all but one residential unit is occupied.; 0.99‑acre lot with waterfront setting and scenic lake views reported for several residential units.