25
See all 25 photos
$5,300,000
Est. payment /mo
0.5 Acres Lot
Active
706 Donax ST Sanibel, FL 33957
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Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2026014066
Construction Status Resale
HOA Y/N No
Year Built 1960
Annual Tax Amount $22,162
Tax Year 2025
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Hotel/Motel
Property Description
Once in a generation opportunity to own not one, but two, of the few remaining motel/hotel establishments on Sanibel Island! Legally permitted for nightly rentals and generating close to $1,000,000 in annual revenue, the Palmview and Sandpiper Inns are powerhouse performers with strong historical and future rental performance. Receiving a ground up renovation in 2024 with existing management in place (if the new owner so desires), both are well outfitted to offer their new owner a consistent, worry-free, income for years to come!
Location
State FL
County Lee
Area Si01 - Sanibel Island
Rooms
Bedroom Description NaN
Interior
Furnishings Furnished
Fireplace No
Exterior
Waterfront Description None
Garage No
Building
Story 2
Construction Status Resale
Others
Senior Community No
Tax ID 30-46-23-T2-00304.0140
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026014066
Listed by Premier Sotheby's Int'l Realty • Palmer Rosen
NEARBY SCHOOL & BUSINESS
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