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Sanibel Island Motel Portfolio
For Sale
$5,300,000

706 Donax Street Sanibel, Sanibel, FL 33957

Two nightly-rental motel/hotel properties renovated in 2024 are offered together for ownership.

Property SizeContact for details
Days on Market49

Property Features for 706 Donax Street Sanibel

General Information

Standard status Active

Additional Details

Business Included Yes

Building Details

Year Built 1960
Year Renovated 2024
Listing Agency:
Listed By: Pam & Tatiana Stowers
Source: Movetojacksonville
Added: Jul 6 Changed: Jul 7 Last Checked: Aug 22 at 3:31AM

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 Pam & Tatiana Stowers

Investment Insights

Based on property information with market context.

This offering presents two motel/hotel establishments—Palmview and Sandpiper Inns—sold together as a single ownership opportunity. Both properties are described as legally permitted for nightly rentals, with annual revenue reported as close to $1,000,000. The inns received a ground-up renovation in 2024, and the properties are operated with existing management in place, with the option for a new owner to keep that arrangement if desired.

The properties are located at 706 Donax Street, Sanibel, Florida 33957. The public remarks characterize the portfolio as among the few remaining motel/hotel establishments on Sanibel Island.

This portfolio is best suited for an owner-operator or hospitality investor looking to acquire two renovated, nightly-rental lodging properties under one ownership structure. With management already in place and ongoing nightly rental permission established, the asset can support continuity of operations through a straightforward transition. Buyers who want to evaluate an established motel/hotel business with recent renovation scope may find this combined purchase aligns with their operating model and timeline.

Key Highlights

  • Two motel/hotel properties (Palmview and Sandpiper Inns) offered together for ownership
  • Legally permitted for nightly rentals
  • Properties are described as generating close to $1,000,000 in annual revenue

Property Analytics

Current Use

The Palmview Inn Hotel & Motel

Suggested Use

Top Pick Dental Office Auto Repair Shop HVAC Service Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) 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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

315
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Two nightly-rental motel/hotel properties renovated in 2024 are offered together for ownership.
Where is this hotel located?
The property is located at 706 Donax Street Sanibel 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 properties (Palmview and Sandpiper Inns) offered together for ownership; Legally permitted for nightly rentals; Properties are described as generating close to $1,000,000 in annual revenue
More about this property
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