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    Sanibel, FL
    Residential Income

    Sanibel, FL Residential Income Properties for Sale

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    Fort Myers, FL Fort Myers Beach, FL St James City, FL
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    Coastal-Inspired Duplex Townhouse
    Updated: May 11
    Coastal-Inspired Duplex Townhouse

    974 Greenwood Court S, Sanibel, FL 33957

    $639,000
    1,421 sqft 0.19 AC lot
    0.186‑acre lot with 1421 SF interior space
    Three bedrooms and two‑and‑a‑half bathrooms
    Large impact windows and impact doors for storm‑weather peace of mind
    Vaulted ceilings, skylights, and modern white‑and‑grey tile flooring
    Fully remodeled kitchen with new craftsman‑style cabinetry and stainless‑steel appliances
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    This listing looks promising.

    Here's a quick look at some key insights for

    974 Greenwood Court S, Sanibel, FL 33957

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    • Est. Cap Rate

      2.9%
      NOI ÷ price

    • Est. NOI

      $19K
      Annual

    • Price @ 7% Cap

      $269K
      Suggested

    • Property Type

      Duplex
      Built 1981
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    Duplex with In-Home Elevator
    Updated: Jul 20
    Duplex with In-Home Elevator

    5425 Shearwater Drive, Sanibel, FL 33957

    $1,295,000
    2,288 sqft 0.07 AC lot
    Elevator services all floors, including the top‑level primary suite, with accessible elevator installed
    Fully furnished duplex with views of Clam Bayou and the Gulf of Mexico
    Screened lanai plus open sun porch and an expansive west‑facing deck
    Three bedrooms and two and a half bathrooms across two levels
    Generous two‑car garage with ample storage
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    Elevated Duplex with Two Cottages
    Elevated Duplex with Two Cottages

    746 Cardium Street, Sanibel, FL 33957

    $750,000
    1,280 sqft 0.24 AC lot

    Elevated duplex on a 0.239-acre lot with two cottages, each offering two bedrooms and one bathroom plus private outdoor space.

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    Turnkey Beachside Multifamily Opportunity
    Turnkey Beachside Multifamily Opportunity

    610 Donax St 311, Sanibel, FL 33957

    $1,475,000

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Duplex with Elevator and Screened Lanai
    Duplex with Elevator and Screened Lanai

    5423 Shearwater Drive, Sanibel, FL 33957

    $1,725,000
    2,621 sqft 0.07 AC lot

    Duplex with elevator service, screened lanai, and water views with public water and public sewer.

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    Mixed-Use Income Property with Commercial Units
    Mixed-Use Income Property with Commercial Units

    2430 Palm Ridge Road, Sanibel, FL 33957

    $2,989,000
    0.99 AC lot

    This mixed-use income property includes three buildings with seven residential apartments and six commercial spaces, plus two garage/storage rentals.

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    Sanibel Island Beachfront Redevelopment Opportunity
    Sanibel Island Beachfront Redevelopment Opportunity

    1801 Olde Middle Gulf Drive, Sanibel, FL 33957

    $5,999,000
    2.54 AC lot

    2.54 acres of beachfront land zoned multifamily on Sanibel Island.

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    Five-Bedroom Multifamily Property
    Five-Bedroom Multifamily Property

    610 Donax St #311, Sanibel, FL 33957

    $1,475,000

    MF-zoned multifamily property near the beach with future bookings and an existing land lease.

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    Mixed-Use Property with Commercial Units
    Mixed-Use Property with Commercial Units

    2430 Palm Ridge Road 2426, Sanibel, FL 33957

    $2,989,000

    Three-building mixed-use asset with leased commercial space, remodeled apartments, and additional garage/storage rentals.

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    Hotel and Duplex Redevelopment Portfolio
    Hotel and Duplex Redevelopment Portfolio

    4819 Tradewinds Drive, Sanibel, FL 33957

    $3,000,000

    Cleared Gulf-front hotel and duplex sites positioned for nightly-rental redevelopment on Sanibel Island.

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    Mixed-Use Property with Retail and Apartments
    Mixed-Use Property with Retail and Apartments

    2430 Palm Ridge Road, Unit 2426, Sanibel, FL 33957

    $2,989,000

    Three-building mixed-use property with seven remodeled apartments, six leased commercial units, and two garage/storage rentals.

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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.

    Renovated Duplex with Garages
    Renovated Duplex with Garages

    13511 Siesta Pines Ct, Fort Myers, FL 33908

    $775,000
    3,938 sqft 0.33 AC lot

    Two residential units offer new kitchens and baths, attached two-car garages, central air, and flexible occupancy options.

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    Duplex with Private Courtyard Pool
    Duplex with Private Courtyard Pool

    412 Harbor Court, Fort Myers Beach, FL 33931

    $1,125,000
    1,367 sqft 0.12 AC lot

    Ranch-style duplex on a weekly rental zoned street with a private courtyard pool and shared laundry.

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    Waterfront Lot in Fort Myers Beach
    Waterfront Lot in Fort Myers Beach

    151 Matanzas Street, Fort Myers Beach, FL 33931

    $1,500,000
    0.22 AC lot

    Canal-front lot, rebuild fourplex or single-family home, near Times Square.

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    Updated Condo Near Sanibel Lighthouse
    Updated Condo Near Sanibel Lighthouse

    13508 Siesta Pines Court 7, Fort Myers, FL 33908

    $140,000
    1,130 sqft 0.07 AC lot

    Updated condo with pool view, near beaches and Sanibel Lighthouse.

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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 Land Near Beach Access
    Sanibel Land Near Beach Access

    231 Palm Lake Drive, Sanibel, FL 33957

    $499,000
    0.36 AC lot

    Buildable lot near beach with deeded access and lake views.

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    Sanibel Buildable Lot Near Beach
    Sanibel Buildable Lot Near Beach

    2950 W Gulf Drive, Sanibel, FL 33957

    $525,000
    0.35 AC lot

    Cleared lot near beach with deeded access in Sanibel.

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    Sanibel Buildable Lot Near Beach
    Sanibel Buildable Lot Near Beach

    2950 W Gulf Drive, Sanibel, FL 33957

    $525,000
    0.40 AC lot

    Cleared lot near beach with deeded access in Sanibel.

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    Single-Family Land Parcel for Rentals
    Single-Family Land Parcel for Rentals

    2807 W Gulf Dr, Sanibel, FL 33957

    $679,900
    0.30 AC lot

    Residentially zoned Sanibel lot suited for a short-term rental pool home with pet-friendly accommodations.

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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

    4150 Dingman Dr, Sanibel, FL 33957

    Value Estimation by Request
    View details
    Buck Key Rd
    Land

    0 Buck Key Rd, Sanibel, FL 33957

    Value Estimation by Request
    14.13 AC lot
    View details
    2950 Gulf Dr
    Land

    2950 Gulf Dr, Sanibel, FL 33957

    Value Estimation by Request
    0.76 AC lot
    View details
    527 Gulf Dr
    Land

    527 Gulf Dr, Sanibel, FL 33957

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

    610 Donax St, Sanibel, FL 33957

    Value Estimation by Request
    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 7,610 square feet of properties for sale, with an estimated market value of $25,325,000.

    Sale prices for residential income properties in Sanibel, FL start at $639,000, averaging $2,302,272, and reaching up to $5,999,000 — 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 13
    Duplexes 6
    Short term rental properties 5
    Apartment buildings 4

    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 $2.3M

    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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