Listing Provided Courtesy of Pfeifer Realty Group LLC
OVERVIEW: Rare investment opportunity to own a hotel with nightly rentals on Sanibel Island. Perfectly positioned investment location along the islands bike path and walking distance to beaches, shopping, dining establishments FEATURES: 13 Rooms, each with private bathroom and kitchen. Efficiencies, studios, and three spacious A-frame cottages. 2.44-acres boasts spacious grounds, including a large pool, picnic areas, bike storage, ample parking, tranquil pond, office area, laundry facility and storage. VERSATILITY: Whether you envision a boutique hotel recreated within the existing footprint or redesigning for residential development, it offers the flexibility to explore both options. SANIBEL RARITY One of the few properties on Sanibel Island permitted for nightly rentals. VISIBILTY: located along the island’s main road while benefiting from its set-back position, allows amble privacy. HIGHLIGHTS: Ideal visibility and located just under a mile from the beautiful white sandy beaches, this is an exceptional opportunity to create a unique hospitality experience. Don’t miss this chance to own a piece of Sanibel and transform this iconic 1959 motel into a sought-after boutique hotel.
Property Details
Price:
$3,500,000
MLS #:
223071391
Status:
Active
Beds:
0
Baths:
0
Address:
1245 Periwinkle WAY
Type:
Commercial
City:
SANIBEL
Listed Date:
Sep 29, 2023
State:
FL
ZIP:
33957
Lot Size:
106,286 sqft / 2.44 acres (approx)
Year Built:
1959
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Schools
Interior
Exterior
Financial
Buyer Agent Compensation
2%%
Tax Year
2022
Taxes
$36,658
Map
Community
- Address1245 Periwinkle WAY SANIBEL FL
- CitySANIBEL
- CountyLee
- Zip Code33957
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Courtesy of Pfeifer Realty Group LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Naples, FL. Detailed information about real estate listings held by brokerage firms other than Century 21 Carioti include the name of the listing broker. Neither the listing company nor Century 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Naples, FL. All rights reserved.
1245 Periwinkle WAY
SANIBEL, FL
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