$2,700,000

2440 Palm Ridge Rd, Sanibel, FL

0.63

Acres

Quick Summary

Located in Sanibel, 2440 Palm Ridge Rd (MLS®# 2026002508) is a gorgeous Retail Commercial Sale property. It features 0.63 acres of lot.

This Property was originally built in 1980. It is currently listed for $2,700,000.

Remarks

Income-producing two-story commercial building in the heart of Sanibel’s Central Business District, offering 175 feet of prime Palm Ridge Road frontage and outstanding visibility. Zoned Town Center Limited, the preferred location for retail and mixed-use opportunities, and is designated G (Altered Lands) under the City of Sanibel Comprehensive Land Use Plan. The fully leased first floor provides immediate, stable cash flow, while each level offers 4,066 square feet of space. Constructed with steel-reinforced concrete slab and concrete stem wall footings for long-term durability and low maintenance. The second floor presents future residential potential, with architectural plans already prepared and subject to City approval—creating meaningful value-add and additional income upside. A strategic opportunity to secure high-visibility Sanibel commercial real estate with both current performance and long-term growth potential. Building currently being repainted & doors replaced on second floor.

Facts & Features

MLS® # 2026002508
Price $2,700,000
Bathrooms 0.00
Acres 0.63
Year Built 1980
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 2440 Palm Ridge Rd
Area SI01 - Sanibel Island
City Sanibel
County Lee
State FL
Zip Code 33957

Amenities

Is Waterfront Yes
Waterfront Lake
Has Pool No
Private Pool No

Interior

Fireplace No
# of Stories 2
Has Basement No

Additional Information

Days on Market 226
Zoning TCG
Foreclosure No
Short Sale No
RE / Bank Owned No
Has HOA No

Listing Details

OfficePfeifer Realty Group LLC

Listing Map

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