Turnkey Beachside Multifamily
For Sale
$1,475,000
610 Donax St 311, Sanibel, FL 33957
Turnkey multifamily on Sanibel Island with five bedrooms, three bathrooms, and a land lease in place.
Property SizeContact for details
Days on Market58
Property Features for 610 Donax St 311
General Information
Standard status
Active
Property subtype
Investment
Additional Details
Business Included
Yes
Building Details
Year Built
1980
Tenancy
Multi
Listing Agency:
REMAX Affinity Mercato
(239) 398-4317
Listed By:
April Nixon · License #258020985
(239) 398-4317
Source:
Elliman
Added: Jun 12
Changed: Jul 10
Last Checked: Aug 7 at 3:27AM
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 REMAX Affinity Mercato
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
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
Explore this area
Business Placement
Demographics for 33957, FL
6,382
Population
8,525
Households
0.7
Avg Household Size
68
Median Age
62%
College-Educated
99%
High-School Grad
16.2 sq mi
ZIP Area
394
Density / Sq Mi
$122,730
Median Household Income
$44,840
Median Earnings
$747
Median Rent
$912,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
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
