610 Donax St Sanibel, FL 33957
This exceptional 3-unit inn, located in Sanibel's coveted resort zone, presents a unique investment opportunity. Situated steps from Donax Street beach, this property has consistently attracted tourists since its reopening in March 2024 after a complete rebuild. All three units are newly constructed, featuring new central air conditioning, furniture, and finishes. Extensive renovations include a new roof, siding, and landscaping, ensuring a high-quality guest experience. The inn boasts a strong reputation, built over years of consistent bookings on major online platforms since 2017, with the 2025 calendar already filling up. Many loyal guests book directly, ensuring a reliable income stream. This turnkey operation offers streamlined policies and procedures, allowing for immediate ownership and management. The property operates on a 100-year land lease with over 50 years remaining, providing a stable and secure investment. This is a rare chance to acquire a thriving business in a prime location, benefiting from Sanibel's renowned beaches and vibrant atmosphere, as recognized by Travel & Leisure as one of the top 50 "Best Places" internationally in 2025. The property's consistent bookings and established reputation make it an attractive and low-risk investment.
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Sanibel Surfside, llc Condominium Complex
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.