2440 Palm Ridge RD SANIBEL FL 33957 MLS #2026002508

2440 Palm Ridge RD
SANIBEL, FL, 33957
$2,700,000
Beds
0 Baths
0 SqFt
0.63 Acres
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MLS #2026002508 image #0
Listing Provided Courtesy of Royal Shell Real Estate, Inc.
Income-producing two-story commercial building in the heart of Sanibel’s Central Business District, offering 175 feet of prime Palm Ridge Road frontage and outstanding visibility. Zoned Town Center Limited, the preferred location for retail and mixed-use opportunities, and is designated G (Altered Lands) under the City of Sanibel Comprehensive Land Use Plan. The fully leased first floor provides immediate, stable cash flow, while each level offers 4,066 square feet of space. Constructed with steel-reinforced concrete slab and concrete stem wall footings for long-term durability and low maintenance. The second floor presents future residential potential, with architectural plans already prepared and subject to City approval—creating meaningful value-add and additional income upside. A strategic opportunity to secure high-visibility Sanibel commercial real estate with both current performance and long-term growth potential. Building currently being repainted & doors replaced on second floor.

Property Details

Price:
$2,700,000
MLS #:
2026002508
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Feb 8, 2026
Lot Size:
27,530 sqft / 0.63 acres (approx)
Year Built:
1980
WaterfrontLakefront

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Schools

Interior

Levels
2

Exterior

Parking Spots
23
Parking Total
23
Waterfront Features
Lake

Financial

Tax Year
2024
Taxes
$25,869

Map

Community

Subdivisions in SANIBEL

Market Summary

Current real estate data for Commercial in SANIBEL as of Apr 24, 2026
14
Commercial Listed
238
Avg DOM
$2,234,143
Avg List Price

Property Summary

    2440 Palm Ridge RD SANIBEL FL is a Commercial for sale in SANIBEL, FL, 33957. It is listed for $2,700,000 To schedule a showing of MLS#2026002508 at 2440 Palm Ridge RD in SANIBEL, FL, contact your Century 21 Carioti agent at 2392986550.

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