Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Retail
  
  Storefront
  
  Shopping Center
- Office
  
  Office Units
  
  Building
  
  Creative Space
  
  Live - Work Space
  
  Medical Premises
- Residential Income
  
  Multifamily
  
  Duplex
  
  Short Term Rental
- Restaurants
  
  Conventional Restaurant
- Mixed-Use
- Hospitality
  
  Hotel
  
  Bed & Breakfast
  
  Motel
- Health Care
  
  Spa & Wellness
- Sports & Entertainment
  
  Golf & Driving Range
- Land
  
  Residential
  
  Commercial
  
  Recreation
  
  Waterfront
- Specialty
Rent
- For Lease
- Post a Listing
Space Uses
- Retail
- Office
- Specialty
Analytics
- Analytics Center
- Insight Report
- Recently Sold
- Value Estimation
- Cap Rate
- Ownership Records
- Location Intelligence
- Business Placement
- Off-Market Leads
- Zoning Insight

Advertise Sign In

For Sale
- Retail
  - Storefront
  - Shopping Center
- Office
  - Office Units
  - Building
  - Creative Space
  - Live - Work Space
  - Medical Premises
- Residential Income
- Restaurants
  - Conventional Restaurant
- Mixed-Use
- Hospitality
  - Hotel
  - Bed & Breakfast
  - Motel
- Health Care
  - Spa & Wellness
- Sports & Entertainment
  - Golf & Driving Range
- Land
  - Residential
  - Commercial
  - Recreation
  - Waterfront
- Specialty
For Lease
- Retail
- Office
- Specialty
Analytics Center
Insight Report
Recently Sold
Value Estimation
Cap Rate
Ownership Records
Location Intelligence
Business Placement
Off-Market Leads
Zoning Insight
Advertise
Find Brokers

Sanibel, FL

Multifamily

Sanibel, FL Multifamily Properties for Sale

List

Map

Fort Myers, FL Fort Myers Beach, FL St James City, FL

10 properties

Sort:

Updated 3-Bedroom Townhouse

Updated: May 11

Updated 3-Bedroom Townhouse

974 Greenwood Court S, Sanibel, FL 33957

$639,000

1,421 sqft 0.19 AC lot

3‑bedroom, 2.5‑bath townhouse built in 1981 with vaulted ceilings and split‑bedroom layout
Fully remodeled kitchen with new cabinetry, granite countertops, and stainless‑steel appliances including dishwasher, microwave, range, and refrigerator
Impact‑resistant features with high‑impact doors and large impact windows and doors
Living spaces include dual sinks, pantry, kitchen island, breakfast bar, and living/dining room combination
Outdoor entertaining with screened‑in porch plus patio and deck, along with outdoor grill and storage

This listing looks promising.

Here's a quick look at some key insights for

974 Greenwood Court S, Sanibel, FL 33957

View Property Analytics

Est. Cap Rate

2.9%
NOI ÷ price
Est. NOI

$19K
Annual
Price @ 7% Cap

$269K
Suggested
Property Type

Duplex
Built 1981

View Property Analytics

Furnished Residential Income Duplex

Updated: Jul 20

Furnished Residential Income Duplex

5425 Shearwater Drive, Sanibel, FL 33957

$1,295,000

2,288 sqft 0.07 AC lot

3‑bedroom, 2.5‑bath two‑level home built in 2002 with views of Clam Bayou and the Gulf of Mexico
Elevator services all floors, including the top‑level primary suite with his‑and‑hers closets and a spa‑style bathroom
Open‑concept main level with vaulted ceilings and floor‑to‑ceiling windows framing bayou views; custom kitchen opens to dining and living
Outdoor living includes screened lanai, open sun porch, and an expansive west‑facing deck
Two‑car garage with ample storage; additional parking includes garage and open spaces

Elevated Two-Cottage Multi-Family

Elevated Two-Cottage Multi-Family

746 Cardium Street, Sanibel, FL 33957

$750,000

1,280 sqft 0.24 AC lot

Two separate elevated cottages provide flexible live-or-lease options near the beach, with updated roofing installed in 2023.

Turnkey Beachside Multifamily Opportunity

Turnkey Beachside Multifamily Opportunity

610 Donax St 311, Sanibel, FL 33957

$1,475,000

Turnkey multifamily on Sanibel Island with five bedrooms, three bathrooms, and a land lease in place.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Turnkey Residential Income Property

Turnkey Residential Income Property

5423 Shearwater Drive, Sanibel, FL 33957

$1,725,000

2,621 sqft 0.07 AC lot

Turnkey three-floor residential income property with screened lanai, open sun porch, and elevator access.

Mixed-Use Income Property with Commercial Units

Mixed-Use Income Property with Commercial Units

2430 Palm Ridge Road, Sanibel, FL 33957

$2,989,000

0.99 AC lot

This mixed-use income property includes three buildings with seven residential apartments and six commercial spaces, plus two garage/storage rentals.

Sanibel Island Beachfront Redevelopment Opportunity

Sanibel Island Beachfront Redevelopment Opportunity

1801 Olde Middle Gulf Drive, Sanibel, FL 33957

$5,999,000

2.54 AC lot

2.54 acres of beachfront land zoned multifamily on Sanibel Island.

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.

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.

Mixed-Use Property with Retail and Apartments

Mixed-Use Property with Retail and Apartments

2430 Palm Ridge Road, Unit 2426, Sanibel, FL 33957

$2,989,000

Three-building mixed-use property with seven remodeled apartments, six leased commercial units, and two garage/storage rentals.

Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 10 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.

Ranch Duplex with New Pool

Ranch Duplex with New Pool

412 Harbor Court, Fort Myers Beach, FL 33931

$1,125,000

1,367 sqft 0.12 AC lot

Two two-bedroom, one-bath units on separate electric meters with shared laundry and brand-new interior finishes.

Waterfront Lot in Fort Myers Beach

Waterfront Lot in Fort Myers Beach

151 Matanzas Street, Fort Myers Beach, FL 33931

$1,500,000

0.22 AC lot

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

Pet-Friendly Corner RV Lot

Pet-Friendly Corner RV Lot

19681 Summerlin #633 Road, Fort Myers, FL 33908

$105,000

0.06 AC lot

Own a pet-friendly corner lot in a 55+ RV resort with upgraded electrical service for flexible seasonal stays.

RV Lot in 55+ Community

RV Lot in 55+ Community

19681 Summerlin #23 Road, Fort Myers, FL 33908

$64,000

0.04 AC lot

Move-in ready RV lot with included RV in Fort Myers.

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.

Land Available in Fort Myers

Land Available in Fort Myers

13641 Knot Drive, Fort Myers, FL 33908

$109,999

Land for sale in Fort Myers, Florida.

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.

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.

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

Value Estimation by Request

610 Donax St

Residential income properties

610 Donax St, Sanibel, FL 33957

Value Estimation by Request

Sanibel, FL Multifamily Properties Market Trends and Statistics

Explore 12 multifamily properties for sale in Sanibel, FL, showcased through 10 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 $23,850,000.

Sale prices for multifamily properties in Sanibel, FL start at $639,000, averaging $2,385,000, and reaching up to $5,999,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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	$2.1M

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)

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings