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Property profile & analytics
OFF-MARKET
Multifamily properties

610 Donax St Sanibel, FL 33957

Built 1980
Entity Owned
Property ID
US18-7748951
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Multifamily properties
Year built 1980
UPID US18-7748951
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
Current use
Occupant on record · Public records
  • Sanibel Surfside, llc Condominium Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sandals And Flip Flops LLC
Sandals And Flip Flops LLC
since 2026
1 recorded transaction
2026
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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