Thank you
April Nixon
RE/MAX Trend
239-541-1661
Fully rebuilt after Hurricane Ian devastated Sanibel, this gem is a once in a lifetime opportunity for a buyer looking for an impressive income stream. This quaint three unit Inn is located in the Resort Zone and has always been rented as a daily rental. Just steps away from the Donax St beach, it has consistently been a priority destination for visiting tourists that love Sanibel for its shells, beaches and small town vibe. While the second floor was not touched by Hurricane Ian, we have still upgraded it as part of our rebuild, new Central Air Conditioner, new furniture and enhancements were important in include. The other 2 units have been rebuilt in totality, ground up. Also new roof, new siding, new landscaping, we have focused on each part of the process with forethought and care to make this again a destination for guests throughout the Country and Internationally. This Inn has been rented on the major online accounts since 2017 and has built up a reputation for consistent bookings. 2024 calendar is already booking out, so a buyer will close with income already in place. In addition, many previous guests book direct and come back year after year. This special property is a 100 year land lease with over 50 years remaining and a smart and stable investment without the volatility of other investment options. With all the working policies and procedures already in place, a new owner can virtually take over an established business, streamlined with proven efficiencies and income.
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Total Bedrooms : 5
Total Baths: 3
Full Baths: 3
Water Source : Public
Sewer : Public Sewer
Total Rooms: 5
Roof : Metal
Exterior Property Features : None
Windows: Other
Flooring: Wood
Cooling Features: Central Air,Electric
Heating Features: Central,Electric
Year Built: 1980
Construction: Vinyl Siding,Wood Frame
Roof: Metal
None
Lot Dimensions: Oversized Lot
Subdivision: SANIBEL SURFSIDE CONDO
Source Listing Status: Active
Source Property Type: Residential Income
Area: SI01 - Sanibel Island
Zoning: MF
Property SubType: Triplex
Total Square Feet Living: 2500
Year Built: 1980
Construction Materials: Vinyl Siding,Wood Frame
Property Age: 44
House Style: Other
Original List Price: $1,999,999
Parcel Number: 30-46-23-T2-01600.00CE
Association : Yes
Beach Rights,Beach Access
$Association Amenities :Beach Rights,Beach Access
Calculated Total Monthly Association Fees : 0
Pets Allowed : Yes
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2445 W Gulf Drive #A25, Sanibel, FL,33957 | $1,295,000 | 2 | 2 | 1,243 | -- |
2133 Starfish Lane, Sanibel, FL,33957 | $949,000 | -- | -- | -- | 0.5922 Acre |
200 Periwinkle Way #232, Sanibel, FL,33957 | $869,000 | 3 | 2 | 1,578 | -- |
487 E Gulf Drive, Sanibel, FL,33957 | $2,100,000 | 3 | 3 | 2,288 | 0.08 Acre |
601 Periwinkle Way #C6, Sanibel, FL,33957 | $399,000 | 1 | 1 | 638 | 0.0771 Acre |
2959 W Gulf Drive #204, Sanibel, FL,33957 | $2,695,000 | 3 | 3 | 2,850 | 0.1441 Acre |
1028 Bayview Drive, Sanibel, FL,33957 | $3,850,000 | -- | -- | -- | 0.498 Acre |
2276 Wulfert Road, Sanibel, FL,33957 | $1,600,000 | 4 | 5 | 4,186 | 0.431 Acre |
355 Cowry Court, Sanibel, FL,33957 | $512,000 | -- | -- | -- | 0.87 Acre |
1919 Olde Middle Gulf D.., Sanibel, FL,33957 | $995,000 | 2 | 2 | 1,071 | 0.0957 Acre |
ByOwner last updated this listing 04/27/2024 @ 19:01
MLS: 223021154
LISTED BY: April Nixon, RE/MAX Trend
SOURCE: SWFL
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.