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.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1980
Listing Office:
Office Name: RE/MAX Trend
Office Phone: (239) 541-1661
Listing Agent: April Nixon
Interior Features
Interior Information:
Flooring Type: Wood
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: None
Exterior: None
Lot Features
Lot Information:
Lot: Oversized Lot
Utilities
Utilities Information:
Heating: Central, Electric
Cooling: Central Air, Electric
School Info
Assigned Schools Information:
Cypress Lake High School, Public Magnet Grades 9-12
South Fort Myers High School, Public District Grades 9-12
Estero High School, Public District Grades 9-12
The Sanibel School, Public District Grades PK-8
Heights Elementary School, Public Magnet Grades PK-5
Price Information
Listing Price Info
Price Summary:
List Price: $1,999,999
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Housing Market Comparison
See how this home compares to others in Sanibel, FL.
This property is $999.9K more than the Median Sold Price in Sanibel, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWFL
MLS Number: #223021154
Listing Office:
Office Name: RE/MAX Trend
Office Phone: (239) 541-1661
Listing Agent: April Nixon
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 6/1/2024, 12:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
9
/10
The Sanibel School
3840 Sanibel Captiva Rd
Distance between this listing and this school4.37 miles
Public District Grades PK-8
7
/10
Heights Elementary School
15200 Alexandria Ct
Distance between this listing and this school9.48 miles
Public Magnet Grades PK-5
High School
4
/10
Cypress Lake High School
6750 Panther Ln
Distance between this listing and this school11.45 miles
Public Magnet Grades 9-12
2
/10
South Fort Myers High School
14020 Plantation Rd
Distance between this listing and this school14.02 miles
Public District Grades 9-12
4
/10
Estero High School
21900 River Ranch Rd
Distance between this listing and this school15.52 miles
Public District Grades 9-12
Assigned Schools
9
/10
The Sanibel School
3840 Sanibel Captiva Rd
Distance between this listing and this school4.37 miles
Public District Grades PK-8
7
/10
Heights Elementary School
15200 Alexandria Ct
Distance between this listing and this school9.48 miles
Public Magnet Grades PK-5
Nearby Schools
10
/10
Fort Myers Beach Elementary School
2751 Oak St
Distance between this listing and this school6.67 miles
Public District Grades PK-5
Nearby Schools
3
/10
Lexington Middle School
16351 Summerlin Rd
Distance between this listing and this school9.20 miles
Public District Grades 6-8
8
/10
Oasis Charter Middle School
3507 Oasis Blvd
Distance between this listing and this school10.46 miles
Public Charter Grades 6-8
6
/10
Gulf Middle School
1809 SW 36th Ter
Distance between this listing and this school10.55 miles
Public District Grades 6-8
Assigned Schools
4
/10
Cypress Lake High School
6750 Panther Ln
Distance between this listing and this school11.45 miles
Public Magnet Grades 9-12
2
/10
South Fort Myers High School
14020 Plantation Rd
Distance between this listing and this school14.02 miles
Public District Grades 9-12
4
/10
Estero High School
21900 River Ranch Rd
Distance between this listing and this school15.52 miles
The neighbors living near this home have an average income of $207,404. Residents of Sanibel, FL typically earn $200k+ each year. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
This home is located at 610 Donax St Unit 311 in Sanibel, FL and zip code 33957. This home was built in 1980. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 17, 2023 and is currently priced at $1,999,999.
While more than 2 listings in Sanibel, FL in April 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 37 were sold below. In April 2024 in Sanibel, FL there were 1% less homes for sale than in March 2024. While the average time on the market in April 2024 was 76 days, the median list price was $1,000,000.
From Rocket Homes Real Estate and based on county public records data.