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    Sanibel, FL
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    Sanibel, FL Multifamily Properties for Sale

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    Fort Myers, FL Fort Myers Beach, FL St James City, FL
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    Duplex Property with Elevator
    Updated: Jul 20
    Duplex Property with Elevator

    5425 Shearwater Drive, Sanibel, FL 33957

    $1,295,000
    2,288 sqft 0.07 AC lot
    2,288‑square‑foot property on a 0.074‑acre lot
    Elevator provides access to all floors, including the primary suite
    Views of Clam Bayou and the Gulf of Mexico
    Three bedrooms and 2.5 bathrooms
    Screened lanai, open sun porch, and west‑facing deck
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    Updated Duplex Near Beach
    Updated: May 11
    Updated Duplex Near Beach

    974 Greenwood Court S, Sanibel, FL 33957

    $625,000
    1,421 sqft 0.19 AC lot
    1,421‑square‑foot duplex with three bedrooms
    0.186‑acre lot in Sanibel's Dunes neighborhood
    Updated kitchen with granite counters and stainless‑steel appliances
    Impact‑rated windows and doors
    Screened porch, deck, patio, and storage
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    Waterfront Duplex with Elevator
    Waterfront Duplex with Elevator

    5423 Shearwater Drive, Sanibel, FL 33957

    $1,725,000
    2,621 sqft 0.07 AC lot

    Three-level property with Gulf and Clam Bayou views, screened outdoor living, and an enclosed garage.

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    See what stands out in Lee County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Hotel and Duplex Redevelopment Portfolio
    Hotel and Duplex Redevelopment Portfolio

    4819 Tradewinds Drive, Sanibel, FL 33957

    $3,000,000

    Cleared Gulf-front hotel and duplex sites positioned for nightly-rental redevelopment on Sanibel Island.

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    Mixed-Use Property with Lake Views
    Mixed-Use Property with Lake Views

    2430 Palm Ridge Road, Sanibel, FL 33957

    $2,989,000
    0.99 AC lot

    Three buildings combine leased commercial suites with remodeled apartments and residential outlooks over the lake.

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    Elevated Two-Cottage Duplex
    Elevated Two-Cottage Duplex

    746 Cardium Street, Sanibel, FL 33957

    $750,000
    1,280 sqft 0.24 AC lot

    Two separate elevated cottages provide flexible duplex living with private outdoor areas and storage.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Waterfront Short-Term Rental Lot
    Waterfront Short-Term Rental Lot

    2807 W Gulf Drive, Sanibel, FL 33957

    $679,900
    0.30 AC lot

    Waterfront land in Sanibel’s resort district with zoning that permits short-term rentals.

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    Mixed-Use Property with Commercial Units
    Mixed-Use Property with Commercial Units

    2430 Palm Ridge Road 2426, Sanibel, FL 33957

    $2,989,000

    Three-building mixed-use asset with leased commercial space, remodeled apartments, and additional garage/storage rentals.

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 8 Active listings in Sanibel, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Eight-Unit Waterfront Resort
    Eight-Unit Waterfront Resort

    3226 Stringfellow Rd, St James City, FL 33956

    $1,649,900
    3,186 sqft

    Renovated studio accommodations feature kitchens, private baths, and individual balconies or patios.

    View details
    Eight-Unit Waterfront Resort
    Eight-Unit Waterfront Resort

    3226 Stringfellow Road, St James City, FL 33956

    $1,649,900
    0.44 AC lot

    Renovated studio accommodations include kitchens, private baths, outdoor living areas, and direct canal access.

    View details
    Waterfront Eight-Unit Resort
    Waterfront Eight-Unit Resort

    Saint James City, FL 33956

    $1,649,000

    Renovated studio accommodations with direct Gulf-access canal frontage, private outdoor spaces, and on-site guest amenities.

    View details
    55+ Manufactured Housing and RV Park
    55+ Manufactured Housing and RV Park

    2581 Oleander St, Saint James City, FL 33956

    Contact for pricing
    2.60 AC lot

    Canal-front land-lease community with tenant-owned homes and annual occupancy across manufactured housing and RV sites.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Lot with Boat Dock
    Waterfront Lot with Boat Dock

    3868 Coconut Drive, St James City, FL 33956

    $187,000
    0.08 AC lot

    Residential vacant lot with private boat dock and Gulf access.

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    Waterfront Lot in 55+ Community
    Waterfront Lot in 55+ Community

    7156 Cobiac Drive, St James City, FL 33956

    $85,000
    0.10 AC lot

    Cleared lot with utilities in a vibrant waterfront community.

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    Canal Front Vacant Land
    Canal Front Vacant Land

    Saint James City, FL 33956

    $105,000
    0.09 AC lot

    Vacant canal-front lot in 55+ community with amenities.

    View details
    Land for Sale
    Land for Sale

    13651 Nightbird Drive, Fort Myers, FL 33908

    $34,277

    Land available in Fort Myers, Florida.

    View details

    Off-Market Properties in Sanibel, FL

    Consider similar Off-Market properties in Sanibel, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4150 Dingman Dr
    Multifamily properties

    4150 Dingman Dr, Sanibel, FL 33957

    Estimated value:
    by Request
    View details
    610 Donax St
    Residential income properties

    610 Donax St, Sanibel, FL 33957

    Estimated value:
    by Request
    View details

    Sanibel, FL Multifamily Properties Market Trends and Statistics

    Explore 10 multifamily properties for sale in Sanibel, FL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 7,610 square feet of properties for sale, with an estimated market value of $14,052,900.

    Sale prices for multifamily properties in Sanibel, FL start at $625,000, averaging $1,756,612, and reaching up to $3,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 5
    Short term rental properties 3
    Apartment buildings 1

    Demographics Overview

    Population 6,402
    Population Growth (5Y) -11.4%
    Median Household Income $122,730
    College Educated 89.3%

    High-Yield Neighborhoods for Investment

    Identify Sanibel submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    33957 $2M

    Taxes & Financing

    Tax Rate (average for all types) 1.24%
    Property Tax per SF $18.42 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lee County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lee County

    Residential Income

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    Browse Multifamily properties for Sale Near Sanibel, FL

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    Featured Sanibel Real Estate Agencies

    Realmo connects you with licensed Sanibel CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    McCallion & McCallion
    1640 Periwinkle Way, Suite 1 Sanibel, FL 33957
    Phone: 12394721950
    sanibelrealestateguide.com/

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