Two-Inn Hotel
For Sale
$5,300,000
706 Donax Street, Sanibel, FL 33957
CommercialSale, Sanibel, FL
Property SizeContact for details
Lot Size0.50 Acres
Days on Market168
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
Listed By:
Palmer Rosen · License #280597148
(239) 472-2735
Added: Mar 24
Changed: Aug 26
Last Checked: Sep 7 at 8:06AM
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 hospitality property includes the Palmview and Sandpiper Inns, two motel and hotel establishments on a 0.5-acre parcel in Sanibel. The property was built in 1960 and received a ground-up renovation in 2024. Legal permission for nightly rentals supports short-term lodging operations. Existing management is in place and may remain if selected by the new owner. The offering is located at 706 Donax Street, Sanibel, Florida 33957.
Key Highlights
- Two motel and hotel establishments included: Palmview Inn and Sandpiper Inn
- 0.5‑acre property at 706 Donax Street, Sanibel, FL 33957
- Ground‑up renovation completed in 2024
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 - Nightly rentals are legally permitted, with 2024 renovations and existing management available to a new owner.
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: Palmview Inn and Sandpiper Inn; 0.5‑acre property at 706 Donax Street, Sanibel, FL 33957; Ground‑up renovation completed in 2024
