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    Sanibel, FL Residential Income Properties for Sale

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    Fort Myers, FL Fort Myers Beach, FL St James City, FL
    11 listings
    Sanibel Island Multi-Family Opportunity
    $800,000
    1,280 SF
    Sanibel Island Multi-Family Opportunity

    746 Cardium Street, Sanibel, FL 33957

    Elevated multi-family property with two cottages near the beach.
    • Rare elevated multi‑family property on Sanibel Island, offering unique investment and lifestyle opportunities.
    • Less than a five‑minute walk to one of Sanibel Island's most renowned beaches.
    • Two separate cottages, each with 2 bedrooms and 1 bathroom, totaling 1,280 sq ft of living space.
    • New roof installed in 2023, enhancing durability and long‑term value.
    • Elevated construction with no hurricane damage, providing peace of mind.
    Updated: Mar 9
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    Stunning Gulf View Home
    $1,725,000
    2,621 SF
    Stunning Gulf View Home

    5423 Shearwater Drive, Sanibel, FL 33957

    Gorgeous home with Gulf and Clam Bayou views, turnkey ready.
    • Spectacular Gulf and Clam Bayou views from abundant windows and multiple porches.
    • Sold turnkey with high‑quality finishes, decor, and furnishings; magazine‑ready.
    • Elevator access to all three floors, including the enclosed garage and primary suite.
    • The primary suite encompasses the entire top floor with an open porch.
    • Two en suite guest bedrooms offer flexibility as a den or office.
    Updated: Jan 3
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    Sanibel Boutique Resort Opportunity
    $2,999,000
    1.16 Acres
    Sanibel Boutique Resort Opportunity

    Boutique resort on over an acre near Sanibel beaches.

    1220 Morningside Place, Sanibel, FL 33957

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    Sanibel, FL Land For Sale
    $679,900
    0.30 Acres
    Sanibel, FL Land For Sale

    Competitively priced lot near the beach, ideal for rental income.

    2807 W Gulf Drive, Sanibel, FL 33957

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    Sanibel Commercial Building For Sale
    $1,095,000
    3,000 SF
    Sanibel Commercial Building For Sale

    Commercial building with open floor plan and residential potential.

    905 Fitzhugh Street, Sanibel, FL 33957

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    Sanibel Island Gulf View Condo
    $1,950,000
    2,600 SF
    Sanibel Island Gulf View Condo

    Stunning 3-bedroom corner unit with panoramic Gulf views.

    2659 W Gulf Drive B101, Sanibel, FL 33957

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    Sanibel Island Top-Floor Condo
    $849,000
    1,184 SF
    Sanibel Island Top-Floor Condo

    Updated condo with rental potential and beach access.

    979 E Gulf Drive 264, Sanibel, FL 33957

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    Sanibel Commercial Building with Upside
    $2,700,000
    4,066 SF
    Sanibel Commercial Building with Upside

    Income-producing commercial building with future residential potential in Sanibel, Florida.

    2440 Palm Ridge Rd, Sanibel, FL 33957

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    Turnkey Beachside Multifamily Opportunity
    $1,475,000
    Turnkey Beachside Multifamily Opportunity

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

    610 Donax St 311, Sanibel, FL 33957

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    Sanibel Island Beachfront Redevelopment Opportunity
    $5,999,000
    2.54 Acres
    Sanibel Island Beachfront Redevelopment Opportunity

    2.54 acres of beachfront land zoned multifamily on Sanibel Island.

    1801 Olde Middle Gulf Drive, Sanibel, FL 33957

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    Luxurious Remodeled Sanibel Condo
    $3,750,000
    3,400 SF
    Luxurious Remodeled Sanibel Condo

    Completely remodeled, beachfront condo with strong rental income potential.

    1191 Middle Gulf Drive #4A, Sanibel, FL 33957

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    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 11 Active listings in Sanibel, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

    Waterfront Lot with Gulf Access
    $195,000
    0.09 Acres
    Waterfront Lot with Gulf Access

    Gulf-access waterfront lot in St. James City, ready to build.

    3814 Dewberry Lane, St James City, FL 33956

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    Waterfront Property Ready for Remodel
    $419,000
    0.23 Acres
    Waterfront Property Ready for Remodel

    Remodel-ready waterfront property with approved permits and boat lifts.

    2560 Baybreeze Street, St James City, FL 33956

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    Fort Myers Land For Sale
    Contact for pricing
    0.11 Acres
    Fort Myers Land For Sale

    Land in desirable location with community amenities.

    13671 Ovenbird Drive, Fort Myers, FL 33908

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    Land in Sunshine Mobile Village
    Contact for pricing
    0.11 Acres
    Land in Sunshine Mobile Village

    Land with amenities in desirable Fort Myers location.

    13660 Warbler Drive, Fort Myers, FL 33908

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    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.

    Sanibel Buildable Corner Lot
    $389,000
    0.78 Acres
    Sanibel Buildable Corner Lot

    Large corner lot ready for your dream home in Sanibel.

    486 PONCE DE LEON ROAD, Sanibel, FL 33957

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    Sanibel Island Buildable Corner Lot
    $395,000
    0.78 Acres
    Sanibel Island Buildable Corner Lot

    Large corner lot ready for your dream home on Sanibel.

    486 Ponce De Leon Rd lot: 13-18, Sanibel, FL 33957

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    Sanibel River View Building Lot
    $445,000
    0.28 Acres
    Sanibel River View Building Lot

    Residential lot with river, golf course, and preserve views.

    1331 Par View Drive, Sanibel, FL 33957

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    Sanibel Homesite on Golf Course
    $539,000
    0.32 Acres
    Sanibel Homesite on Golf Course

    Homesite on Sanibel's east end with golf course views.

    1340 Eagle Run Drive, Sanibel, FL 33957

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    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
    Value Estimation by Request

    4150 Dingman Dr, Sanibel, FL 33957

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    Buck Key Rd
    Land
    Lot: 14.13 Acres
    Value Estimation by Request
    Buck Key Rd

    0 Buck Key Rd, Sanibel, FL 33957

    View details
    2950 Gulf Dr
    Land
    Lot: 0.76 Acres
    Value Estimation by Request

    2950 Gulf Dr, Sanibel, FL 33957

    View details
    527 Gulf Dr
    Land
    Lot: 4.52 Acres
    Value Estimation by Request

    527 Gulf Dr, Sanibel, FL 33957

    View details
    610 Donax St
    Residential income properties
    Value Estimation by Request

    610 Donax St, Sanibel, FL 33957

    View details

    Sanibel, FL Residential Income Properties Market Trends and Statistics

    Explore 16 residential income properties for sale in Sanibel, FL, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 18,151 square feet of properties for sale, with an estimated market value of $12,869,000.

    Sale prices for residential income properties in Sanibel, FL start at $800,000, averaging $1,838,428, and reaching up to $3,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 8
    Short term rental properties 7
    Single family properties 4
    Apartment buildings 1
    Duplexes 1

    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 $1.9M

    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)

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