706 Donax St
sanibel, FL 33957$5,300,000
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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! Agent possesses interest in this property.
Details
0.5 Private Acres Lot Size
commercial
$1,847 Monthly Tax
Built in 1960
MLS/Listing ID 2026014066
2 Stories
Estimate my mortgage
TOTAL MONTHLY COST
$0
- PRINCIPAL & INTEREST
$0
- PROPERTY TAXES
$0
- Common Charges
$0
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