$5,300,000
706 Donax St, SANIBEL, FL
0.50
Acres
Quick Summary
Located in Sanibel, 706 Donax St (MLS®# 2026014066) is a gorgeous Commercial Sale property. It features 0.50 acres of lot.
This Property was originally built in 1960. It is currently listed for $5,300,000.
Remarks
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.
Facts & Features
| MLS® # | 2026014066 |
|---|---|
| Price | $5,300,000 |
| Bathrooms | 0.00 |
| Acres | 0.50 |
| Year Built | 1960 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 706 Donax St |
|---|---|
| Area | SI01 - Sanibel Island |
| City | SANIBEL |
| County | Lee |
| State | FL |
| Zip Code | 33957 |
Amenities
| Is Waterfront | No |
|---|---|
| Waterfront | None |
| Has Pool | No |
| Private Pool | No |
| Gulf Access | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Days on Market | 168 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Premier Sotheby's Int'l Realty |
|---|