$1,999,999
610 Donax St 311, SANIBEL, FL
5
Beds
3
Baths
Quick Summary
Located in Sanibel Surfside Condo, Sanibel, 610 Donax St 311 (MLS®# 223021154) is a gorgeous Triplex Residential Income property. It features 5 bedrooms, 3 bathrooms with 0.00 acres of lot.
This Property was originally built in 1980. It is currently listed for $1,999,999.
Remarks
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.
Facts & Features
MLS® # | 223021154 |
---|---|
Price | $1,999,999 |
Bathrooms | 3.00 |
Full Baths | 3 |
Square Footage | 2500.00 |
Acres | 0.00 |
Year Built | 1980 |
Type | Residential Income |
Sub-Type | Triplex |
Style | Other |
Status | Active |
Community Information
Address | 610 Donax St 311 |
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Area | SI01 - Sanibel Island |
Subdivision | SANIBEL SURFSIDE CONDO |
City | SANIBEL |
County | Lee |
State | FL |
Zip Code | 33957 |
Amenities
Amenities | Beach Access, Beach Rights |
---|---|
Utilities | Cable Available |
Features | Oversized Lot |
Is Waterfront | No |
Waterfront | None |
Has Pool | No |
Private Pool | No |
Interior
Interior | Wood |
---|---|
Heating | Central, Electric |
Cooling | Central Air, Electric |
Fireplace | No |
Has Basement | No |
Exterior
Exterior | Vinyl Siding, Wood Frame |
---|---|
Exterior Features | None |
Lot Description | Oversized Lot |
Windows | Other |
Roof | Metal |
Construction | Vinyl Siding, Wood Frame |
Additional Information
Days on Market | 426 |
---|---|
Zoning | MF |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Has HOA | No |
HOA Fees | 0.00 |
Listing Details
Office | RE/MAX Trend |
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