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    4819 Tradewinds Dr Sanibel, FL 33957
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    Property profile & analytics

    4819 Tradewinds Dr, Sanibel, FL 33957

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    • Hotels
    • 1,592 SF
    • 0.94 lot acres
    For Sale
    $5,950,000
    View Listing →
    Sanibel Island Investment Portfolio For Sale
    $5,950,000

    Sanibel Island Investment Portfolio

    Four Prime Properties, Gulf Access

    4819 Tradewinds Dr, Sanibel, FL 33957
    View Listing
    Property ID
    US18-4691855
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    2.1%
    Hotels
    Location Intelligence

    Current Use by Public Records

    • Tropical Winds Motel and Cottages / Hotel & Motel

    Property Details for 4819 Tradewinds Dr

    Year built
    1958
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.94 lot acres
    Property type
    Hotels
    Property subtype
    Motels
    APN
    19-46-22-T2-00400.0280
    APU
    194622T2004000280

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 26, 2007 — Tradewinds Of Sanibel LLC Spillane,lowell T Warranty Deed · related —
    Jul 26, 2007 — Lowell T Spillane Spillane,susan G Quit Claim Deed · related —
    Dec 20, 2000 $850,000 Lowell T Spillane Garvin,jeffery R Grant Deed $1.5M · Florida Community Bank

    Description

    This exceptional investment opportunity presents four distinct properties on Sanibel Island, Florida, offering significant income potential and unparalleled beachfront proximity. The portfolio includes a six-unit Gulf-front hotel boasting unobstructed sunset views. This prime location ensures high occupancy rates and strong rental income. Adding to the investment's appeal are two separate duplexes situated just steps from the hotel and beach access, providing additional rental revenue streams. Completing this unique offering is a single-family residential home with a pool, conveniently located across the street from the beach and the hotel. All four parcels are situated within close proximity to each other, totaling 0.94 acres of land. The hotel's address is 4819 Tradewinds Drive, while the additional properties are located at 4788 Tradewinds Drive, 1344 Jamaica Drive, and 1350 Jamaica Drive. This is a rare chance to acquire a diverse and highly desirable portfolio of income-producing properties in a coveted island location. The combined properties offer a unique blend of hospitality, residential, and investment opportunities, presenting a compelling proposition for discerning investors seeking a significant return on investment in a prime coastal market. This is a truly exceptional opportunity to own a piece of Sanibel Island paradise. The asking price for this entire portfolio is $5,950,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $860,000
      Current use
      AUTO REPAIR, GARAGE
      $1,120,000
      Change: +31% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $990,000
      Change: +15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sanibel
    County
    Lee
    State
    Florida
    Longitude
    -82.1421
    Latitude
    26.4506
    CBSA code
    15980
    CBSA name
    CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $30,337
    $1,815,037
    $10
    $1,815,047
    -
    $1,815,037
    $10
    $1,815,047

    Comparable in this City

    • Value Estimation
      $4,340,000
      7,488 SF

      3287 Gulf Dr

      HOTEL/MOTEL
      3287 Gulf Dr, Sanibel, FL 33957-5611
      View Details
    • Value Estimation
      $2,790,000
      4,783 SF

      3111 Gulf Dr

      HOTEL/MOTEL
      3111 Gulf Dr, Sanibel, FL 33957-5625
      View Details
    • Value Estimation
      $1,245,000
      2,160 SF

      541 Gulf Dr

      HOTEL/MOTEL
      541 Gulf Dr, Sanibel, FL 33957-5005
      View Details
    • Value Estimation
      $3,290,000
      3,475 SF

      367 Periwinkle Way

      HOTEL/MOTEL
      367 Periwinkle Way, Sanibel, FL 33957-7431
      View Details
    • Value Estimation by Request
      0.33 Acres

      626 Nerita St, Unit 1A

      HOTEL/MOTEL
      626 Nerita St, Sanibel, FL 33957-6813
      View Details
    • Value Estimation by Request
      0.71 Acres

      255 Periwinkle Way

      HOTEL/MOTEL
      255 Periwinkle Way, Sanibel, FL 33957-7413
      View Details

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    • $5,950,000
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      Sanibel Island Investment Portfolio

      Four Prime Properties, Gulf Access
      4819 Tradewinds Dr, Sanibel, FL 33957
      View Details
    • Contact for pricing
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    Similar Nearby for Lease

    • Contact for pricing
      3,226 SF

      Sanibel Office Space Available

      Office space available for rent in Sanibel, Florida.
      4301 Sanibel Captiva Rd, Sanibel, FL 33957
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      1530 Periwinkle Way, Sanibel, FL 33957
      View Details
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    Sanibel, FL 33957
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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