Two-Property Hotel
For Sale
$5,300,000
706 Donax Street, Sanibel, FL 33957
COMMERCIAL - Sanibel, FL
Property SizeContact for details
Lot Size0.50 Acres
Days on Market153
Property Features for 706 Donax Street
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
SI01 - Sanibel Island
Standard status
Active
APN
30-46-23-T2-00304.0140
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SANIBEL SHORES NO.1 BLK 4 PB 6 PG 7 LOT 12,14,15
Tax Annual Amount
22162
Legal Description
SANIBEL SHORES NO.1 BLK 4 PB 6 PG 7 LOT 12,14,15
Building Details
Year built
1960
Floors in Building
2
Listing Agency:
Premier Sotheby's Int'l Realty
(239) 472-2735
Listed By:
Palmer Rosen · License #280597148
(239) 472-2735
Added: Mar 24
Changed: Aug 19
Last Checked: Aug 23 at 10:06AM
MLS# 2026014066
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Sanibel Island hospitality property includes two motel and hotel establishments on a combined 0.5-acre site. The properties were originally built in 1960 and underwent ground-up renovations in 2024, providing updated accommodations for their permitted nightly-rental operations.
Existing management is in place and may remain under a new ownership structure if desired. The offering is located at 706 Donax Street in Sanibel, Florida, within Lee County and postal code 33957. The two-property configuration provides an established hospitality platform with the flexibility to retain current management after closing.
Existing management is in place and may remain under a new ownership structure if desired. The offering is located at 706 Donax Street in Sanibel, Florida, within Lee County and postal code 33957. The two-property configuration provides an established hospitality platform with the flexibility to retain current management after closing.
Key Highlights
- Two motel and hotel establishments included in one offering
- Ground‑up renovation completed in 2024
- Legally permitted for nightly rentals
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
315
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Two Sanibel Island inns received a ground-up renovation in 2024 and are permitted for nightly rentals.
Where is this hotel located?
The property is located at 706 Donax Street 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 and hotel establishments included in one offering; Ground‑up renovation completed in 2024; Legally permitted for nightly rentals
