2480 Library WAY

$1,595,000

  • 1972 sqft
  • 3 Beds
  • 3 Baths
  • 2 Garages

General Information

  • List Price : $1,595,000
  • City : SANIBEL
  • Acres : 0.24
  • MLS Area : 3181
  • Status Type : Resale Property
  • Approx. Living Area : 1972
  • Furnished : Furnished
  • Date Created : 2025-12-04
  • MLS Number : 2025019853
  • State Or Province : FL
  • Subdivision : PALM RIDGE
  • County : Lee
  • Bedrooms : 3
  • Approx. Total Area : 3181
  • Year Built : 1989
  • Potential Short :
  • DOM : 98
  • Address : 2480 Library WAY
  • Postal Code : 33957
  • Development : Array
  • Property Type : Residential
  • Bath Full : 3
  • Price per Sq Ft : $153
  • Property Id : 26-46-22-T2-0030C.0050
  • Status : Active
  • CDOM : 98

Description

$150K+ in potential gross income! Discover one of Sanibel’s most unique mixed-use opportunities, a rare property that seamlessly combines residential living with a fully functional commercial space. Zoned TCL, this versatile setting is ideal for entrepreneurs, artists, boutique retail, a private gym or wellness studio with curated membership, or anyone seeking a flexible live-work lifestyle in the heart of the island. The craftsmanship is exceptional, featuring beautiful millwork, impact windows and doors, Hardie board siding, and Brazilian hardwood and composite decking for lasting durability and timeless appeal. Inside, four levels of thoughtfully designed living space offer excellent flow, vaulted ceilings, rich wood flooring, and abundant natural light throughout. The chef-inspired kitchen showcases Sub-Zero and Wolf appliances with beautifully designed, highly functional cabinetry. The fourth-floor VIP suite is truly remarkable, while the rooftop sun deck captures bay breezes and water glimpses. Outdoor living continues with a 40-foot heated saltwater pool and high-efficiency propane spa for year-round enjoyment. The approximately 500-square-foot commercial space features hardwood floors, expansive windows, a half bath, and handicap-accessible ramp — perfect for a boutique, studio, office, or customer-facing business. Beyond the commercial use, the residential component offers strong income potential, creating multiple revenue streams within one property. This is a great rental income investment and or 1031 Exchange property!All of this is set in a highly walkable location just steps from restaurants, shops, banks, the post office, beaches, bike paths, kayaking, and daily conveniences — a rare opportunity blending lifestyle, flexibility, quality, and compelling investment value in one of Sanibel’s most desirable locations.

Provided by Royal Shell Real Estate, Inc.

Detailed Property Information

  • Ownership : Single Family
  • Waterfront Y/N :
  • Boat Access : None
  • Cooling : Ceiling Fan(s), Central Electric, Gas - Propane, Zoned
  • Kitchen : Gas Available, Island, Pantry
  • Amenities : Bike And Jog Path, See Remarks
  • Restrictions : None/Other
  • Building Design :
  • View : Landscaped Area, Partial Bay, Preserve
  • Waterfront Desc : None
  • Elementary School :
  • High School :
  • Floor Plan Type : Great Room, Other, Split Bedrooms, 2 Story
  • Private Pool Y/N : 1
  • Bedroom Desc : Master BR Sitting Area, Master BR Upstairs, Split Bedrooms
  • Equipment : Auto Garage Door, Cooktop - Gas, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Smoke Detector, Washer, Washer/Dryer Hookup, Water Treatment Owned
  • Additional Rooms : Balcony, Exercise, Great Room, Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai, Recreation, Workshop
  • Storm Protection : Impact Resistant Doors, Impact Resistant Windows
  • Building Features :
  • Community Type : No Subdivision, Non-Gated
  • Gulf Access Y/N :
  • Gulf Access Type :
  • Middle School :
  • Pets : Yes
  • Heating :
  • Windows : Window Coverings
  • Flooring : Wood
  • Private Spa Y/N : 1
  • Dining Desc : Breakfast Bar, Eat-in Kitchen, Other
  • Exterior Features : Awning(s), Balcony, Open Porch/Lanai, Courtyard, Outdoor Shower, Storage

Unit / Building Information

  • Unit Floor :
  • Unit Number :
  • Construction : Wood Frame, Stucco
  • Total Floors : 4
  • Units in Building : 1
  • Elevator : None
  • Building Desc : Florida, Multi-Story Home, See Remarks, Traditional
  • Units in Complex : 1
  • Roof : Metal

Lot Information

  • Rear Exposure : E
  • Range :
  • Sewer : Private Sewer
  • Lot Unit :
  • Section :
  • Irrigation : Central, None
  • Block : C
  • Township :
  • Water : Central
  • Lot Desc : Regular

Financial Information

  • Condo Fee : 0
  • Approval :
  • Tax Year : 2024
  • Condo Fee Freq :
  • Management : None
  • Possession : Array
  • Tax Desc :
  • Maintenance : None

Additional Details

  • Amenities : Gas Available, Island, Pantry
  • County Or Parish : Lee
  • Foreclosed REOYN :
  • Gulf Access YN :
  • Irrigation : Central, None
  • Legal Unit :
  • Lot Type :
  • Management : None
  • Master HOA Fee Freq :
  • Original List Price : 1750000
  • Parcel Number : 26-46-22-T2-0030C.0050
  • Planned Use :
  • Postal Code Plus :
  • Property Type : Residential
  • Restrictions : None/Other
  • Section :
  • Source of Measurements :
  • State Or Province : FL
  • Street Dir Prefix :
  • Street Number : 2480
  • Sub Condo Name :
  • Unit Number :
  • View : Landscaped Area, Partial Bay, Preserve
  • Waterfront YN :
  • CDOM : 98
  • Close Date :
  • Community Type : No Subdivision, Non-Gated
  • Date Created : 2025-12-04
  • Full Address : 2480 Library WAY
  • Last Change Timestamp : 2026-02-20T21:55:28.427Z
  • List Price : $1,595,000
  • Lot Unit :
  • Mandatory Club Fee Freq :
  • MLS Area Major : SI01 - Sanibel Island
  • Photo Count : 50
  • Possession : Array
  • Potential Short Sale YN :
  • Range :
  • Road : Paved
  • Sewer : Private Sewer
  • Status : Active
  • Street Dir Suffix :
  • Subdivision Info : PALM RIDGE
  • Table : Residential
  • Township :
  • Water : Central
  • Zoning Code: TCL
  • Association Mngmt Phone : (239) 472-0078
  • Boat Access : None
  • Canal Width : $None
  • City : SANIBEL
  • Condo Fee : 0
  • Condo Fee Freq :
  • Current Price : $1,595,000
  • DOM : 98
  • Elevation :
  • Gulf Access Type :
  • Master HOA Fee Freq : 0
  • Land Lease Fee Freq :
  • Last Change Type : Price Change
  • Legal Desc :
  • Maintenance : None
  • Mandatory HOA Y/N : 0
  • Matrix Modified DT : 2026-03-12T16:05:20.252Z
  • MLS Number : 2025019853
  • Other PI Ds :
  • Photo Modification Timestamp : 2025-12-04T21:05:40.834Z
  • Postal Code : 33957
  • Price Per Acre : 6,645,833
  • Rear Exposure : E
  • Room Count : 0
  • Source of Measure Lot Dimensions :
  • Status Type : Resale Property
  • Street Name : Library
  • Street Suffix : WAY
  • Tax Desc :
  • Tax Year : 2024
  • Trees :
  • Utilities Available :
  • Waterfront Desc :
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2480 Library WAY

$1,595,000