- List Price : $5,300,000
- City : SANIBEL
- Acres : 0.5
- MLS Area :
- Status Type : Resale Property
- Approx. Living Area :
- Furnished :
- Date Created : 2026-03-24
- MLS Number : 2026014066
- State Or Province : FL
- Subdivision :
- County : Lee
- Bedrooms :
- Approx. Total Area :
- Year Built : 1960
- Potential Short :
- DOM : 0
- Address : 706 Donax ST
- Postal Code : 33957
- Development : Array
- Property Type : Commercial Sale
- Bath Full :
- Price per Sq Ft : $243
- Property Id : 30-46-23-T2-00304.0140
- Status : Active
- CDOM : 0
Description
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!
Provided by Premier Sotheby's Int'l Realty
