706 Donax St Sanibel, FL 33957

Building Details

Year Built

1960

Listing Agency Premier Sotheby's Int'l Realty p***@rosenvacations.com Show Phone

Listed by Palmer Rosen · License #280597148 Show Phone

Source Elliman

Added: Mar 26 Updated: Jul 6 at 12:19 pm Checked: Jul 20 at 8:17 am

Report an Issue

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 Premier Sotheby's Int'l Realty

---

Investment Insights

Based on property information with market context.

This is a unique opportunity to acquire two motel/hotel establishments on Sanibel Island, both legally permitted for nightly rentals. The Palmview and Sandpiper Inns generate close to $1,000,000 in annual revenue, demonstrating strong historical and future rental performance. Both properties are slated for a ground-up renovation in 2024. Existing management is available to remain in place, if desired by the new owner, potentially offering a consistent income stream.

Key Highlights

• Two motel/hotel establishments on Sanibel Island
• Legally permitted for nightly rentals
• Generating close to $1,000,000 in annual revenue

Property Analytics

Property Profile 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
• 

  $2,700,000

  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
• 

  $369,000

  1,200 SF

  Corner Office Condominium

  Updated corner office condo with reception, three private offices, and on-site parking in a renovated five-unit plaza.

  1640 Periwinkle Way Unit 5, Sanibel, FL 33957

  View Details
• 

  $639,000

  1,421 SF

  Updated 3-Bedroom Townhouse

  Updated townhouse features 3 bedrooms, 2.5 baths, impact windows, and a screened porch in a quiet, wooded setting.

  974 Greenwood Court S, 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
• 

  $1,725,000

  2,621 SF

  Turnkey Residential Income Property

  Turnkey three-floor residential income property with screened lanai, open sun porch, and elevator access.

  5423 Shearwater Drive, Sanibel, FL 33957

  View Details
• 

  $2,989,000

  Mixed-Use Income Property with Commercial Units

  This mixed-use income property includes three buildings with seven residential apartments and six commercial spaces, plus two garage/storage rentals.

  2430 Palm Ridge Road, 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
• 

  $1,100,000

  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
• 

  Contact for pricing

  2,500 SF

  Vanilla Shell Retail Space

  Flexible retail units available as a vanilla shell within a shopping center on Sanibel.

  2075 Periwinkle Way, Sanibel, FL 33957

  View Details
• 

  Contact for pricing

  41,741 SF

  Sanibel Island Retail Space Available

  Grocery-anchored shopping center in the heart of Sanibel Island.

  1700 Periwinkle Way, Sanibel, FL 33957

  View Details

Similar Off Market Nearby

• On the Green Home by RedAwning — 1262 par view dr, sanibel, fl 33957
• Villa Dolce Vita — old trail rd, sanibel, fl 33957
• Calypso Tides — 1301 par view dr, sanibel, fl 33957
• Sanibel Home — 1501 middle gulf dr, sanibel, fl 33957
• Sundial of Sanibel Ocean View Condo K303 — 1501 Middle Gulf Dr, Sanibel, FL 33957

FAQs

What type of property is this?

Motel - Two Sanibel Island motels with strong rental income.

Where is this motel located?

The property is located at 706 Donax St Sanibel, FL.

What is the asking price?

The asking price for this property is $5,300,000.

What are key features of this property?

This property features: Two motel/hotel establishments on Sanibel Island; Legally permitted for nightly rentals; **Generating close to $1,000,000 in annual revenue**