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Property profile & analytics
OFF-MARKET
Small apartment buildings

4150 Dingman Dr Sanibel, FL 33957

Built 2005
Property ID
US18-9987450
Property summary
AI-generated overview

This exceptional 2-unit multifamily property, built in 2005, is situated on a sprawling 1.8-acre lot in the desirable Sanibel, Florida, area (zip code 33957). The two-story building offers a total of five bedrooms and five bathrooms, making it ideal for a multi-generational family or lucrative vacation rental operation. The property's location provides unparalleled access to the beach, with a short walk separating residents from the pristine sands. Surrounding the property are thousands of acres of nature preserve, offering abundant wildlife viewing opportunities, including deer, hogs, peacocks, rabbits, and various bird species. The Sanibel River is also nearby. The asking price for this unique investment opportunity is $1,400,000. Potential annual rental income is estimated at up to $150,000, making it an attractive prospect for investors seeking a high-return property in a prime location. The address is 4150 Dingman Dr. This property presents a rare chance to own a spacious, well-maintained multifamily home in a coveted coastal setting.

Property profile
Verified
Property type Small apartment buildings
Year built 2005
UPID US18-9987450
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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