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    Sanibel, FL Multifamily Properties for Sale

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    Lehigh Acres, FL Cape Coral, FL Port Charlotte, FL
    8 results
    Sanibel Triplex: Investment Opportunity
    $699,000
    2,764 SF

    Sanibel Triplex: Investment Opportunity

    887 Casa Ybel Road, Sanibel, FL 33957

    Rare 5 bed, 4 bath triplex in Sanibel, Florida.

    • Full 5 bed, 4 bath Triplex offering multiple rental income streams or family compound potential.
    • Completely renovated in 2024‑2025: new roof, gutters, insulation, electric, plumbing, and stainless‑steel appliances.
    • Impact doors & windows throughout, plus all Flood & Wind Insurance in place.
    • Turnkey units, newly furnished and ready for immediate occupancy or rental.
    • Excellent location: mid‑island, walk to shopping, restaurants, medical, and Jordan Marsh Preserve Park; short distance to beaches.
    Updated: Mar 18
    View details
    Sanibel Duplex Near Gulf of Mexico
    $975,000
    0.41 Acres

    Sanibel Duplex Near Gulf of Mexico

    1155 Seagrape Lane, Sanibel, FL 33957

    Beachside duplex on Sanibel's East End, steps to the Gulf.

    • Prime East End location on Sanibel Island, steps from the Gulf of Mexico and close to key attractions.
    • Oversized lot offering flexibility for renovation, redevelopment, or custom single‑family home construction.
    • Strong income potential as a duplex (historical rental revenue near $100,000).
    • Rare opportunity to own property close to the Gulf in a highly sought‑after neighborhood.
    • Generous lot size allows for the addition of a pool.
    Updated: Mar 19
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    Sanibel Island Multi-Family Opportunity
    $850,000
    1,280 SF

    Sanibel Island Multi-Family Opportunity

    Elevated multi-family property with two cottages near the beach.

    746 Cardium Street, Sanibel, FL 33957
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    Sanibel Boutique Resort Opportunity
    $2,999,000
    1.16 Acres

    Sanibel Boutique Resort Opportunity

    Boutique resort on over an acre near Sanibel beaches.

    1220 Morningside Place, Sanibel, FL 33957
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    Sanibel, FL Land For Sale
    $679,900
    0.30 Acres

    Sanibel, FL Land For Sale

    Competitively priced lot near the beach, ideal for rental income.

    2807 W Gulf Drive, Sanibel, FL 33957
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    Sanibel Island Top-Floor Condo
    $849,000
    1,184 SF

    Sanibel Island Top-Floor Condo

    Updated condo with rental potential and beach access.

    979 E Gulf Drive 264, Sanibel, FL 33957
    View details
    Sanibel Island Mixed-Use Development Opportunity
    $4,750,000
    3.82 Acres

    Sanibel Island Mixed-Use Development Opportunity

    Approved development for restaurant and eight residential dwellings in Sanibel.

    2163 & 2153 Periwinkle Way, Sanibel, FL 33957
    View details
    Sanibel Island Beachfront Redevelopment Opportunity
    $5,999,000
    2.54 Acres

    Sanibel Island Beachfront Redevelopment Opportunity

    2.54 acres of beachfront land zoned multifamily on Sanibel Island.

    1801 Olde Middle Gulf Drive, Sanibel, FL 33957
    View details
    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.

    Explore Opportunities in Nearby Cities

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

    Waterfront Multifamily Investment Opportunity
    $1,699,000
    0.44 Acres

    Waterfront Multifamily Investment Opportunity

    Stunning 8-unit apartment building with waterfront access and flexible leasing.

    3226 Stringfellow Road, St James City, FL 33956
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    Waterfront Duplex in St James
    $649,000
    0.18 Acres

    Waterfront Duplex in St James

    Remodeled waterfront duplex with Gulf access, new roof.

    3201/3203 Stabile Road, St James City, FL 33956
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    Waterfront Lot in Fort Myers Beach
    $1,500,000
    0.22 Acres

    Waterfront Lot in Fort Myers Beach

    Canal-front lot, rebuild fourplex or single-family home, near Times Square.

    151 Matanzas Street, Fort Myers Beach, FL 33931
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    Fort Myers Beach Commercial Lot
    $1,999,999
    2,048 SF

    Fort Myers Beach Commercial Lot

    Commercial lot near Times Square with duplex and waterfront access.

    340 Crescent Street, Fort Myers Beach, FL 33931
    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
    $187,000
    0.08 Acres

    Waterfront Lot with Boat Dock

    Residential vacant lot with private boat dock and Gulf access.

    3868 Coconut Drive, St James City, FL 33956
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    Fort Myers Beach Land Opportunity
    $110,000
    0.04 Acres

    Fort Myers Beach Land Opportunity

    Land near Fort Myers Beach in a 55+ waterfront community.

    19281 #41 San Carlos Blvd lot: 41, Fort Myers Beach, FL 33931
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    Fort Myers Beach Land Opportunity
    $94,900
    0.04 Acres

    Fort Myers Beach Land Opportunity

    Land near Fort Myers Beach in a 55+ waterfront community.

    19281 #37 San Carlos Blvd lot: 37, Fort Myers Beach, FL 33931
    View details
    Land for Sale
    $35,777

    Land for Sale

    Land available in Fort Myers, Florida.

    13651 Nightbird Drive, Fort Myers, FL 33908
    View details

    Explore 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

    4150 Dingman Dr

    Multifamily properties
    Value Estimation by Request
    4150 Dingman Dr, Sanibel, FL 33957
    View details
    610 Donax St

    610 Donax St

    Residential income properties
    Value Estimation by Request
    610 Donax St, Sanibel, FL 33957
    View details

    Sanibel, FL Multifamily Properties Investment Opportunities Market Analysis

    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 5,228 square feet of properties for sale, with an estimated market value of $2,398,000.

    Sale prices for multifamily properties in Sanibel, FL start at $699,000, averaging $799,333, and reaching up to $850,000 — 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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