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Five-Bedroom Multifamily Property
For Sale
$1,475,000

610 Donax St #311, Sanibel, FL 33957

MF-zoned multifamily property near the beach with future bookings and an existing land lease.

Property Size2,500 SF
Days on Market60

Property Features for 610 Donax St #311

General Information

Standard status Active
Size 2,500 SF
Property subtype Residential Income
Zoning MF

Taxes and HOA fees

Annual Taxes $9,386

Building Details

Building Size 2,500 SF
Year Built 1980
Units 3
Listing Agency: REMAX Affinity Mercato
Listed By: April Nixon · License #258020985
Source: Bartleyrealty
Added: Jun 9 Changed: Aug 5 Last Checked: Aug 6 at 1:10PM

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 multifamily property at 610 Donax St #311 includes five bedrooms and three bathrooms. Built in 1980, the property is positioned as an income-producing accommodation with future bookings already scheduled for assumption. An existing land lease is also in place, and the property carries MF zoning.

The Sanibel Island setting places the property near Gulf beaches, restaurants, scenic bike paths, and protected natural areas. Bailey Homestead Preserve is nearby for walking and wildlife viewing, while Jerry’s Foods provides convenient access to groceries. The property combines an established residential configuration with a coastal location and ongoing booking activity.

Key Highlights

  • Five‑bedroom, three‑bathroom multifamily property
  • MF zoning supports the multifamily classification
  • Future bookings are already in place for assumption

Property Analytics

Current Use

Sanibel Surfside, llc Condominium Complex

Suggested Use

Top Pick Dental Office Auto Repair Shop HVAC Service Electrical Service Skin Care Clinic Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

140
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - MF-zoned multifamily property near the beach with future bookings and an existing land lease.
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: Five‑bedroom, three‑bathroom multifamily property; MF zoning supports the multifamily classification; Future bookings are already in place for assumption
More about this property
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