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
See this Listing
Schools
Interior
Levels
2
Exterior
Parking Spots
23
Parking Total
23
Waterfront Features
Lake
Financial
Tax Year
2024
Taxes
$25,869
Map
Community
- Address2440 Palm Ridge RD SANIBEL FL
- CitySANIBEL
- CountyLee
- Zip Code33957
Subdivisions in SANIBEL
- ATRIUM CONDO
- BAYSHORE VILLAGE
- BEACHVIEW COUNTRY CLUB ESTATES
- BELLE MEADE
- BETTS
- BLIND PASS CONDO
- BRIGHT WATER
- BRIGHTWATER
- BUTTERKNIFE
- CAPTAINS WALK
- CARDINAL RIDGE UNREC
- CASA BLANCA OF SANIBEL CONDO
- CASTAWAY ESTATES
- CHATEAUX SUR MER UNREC
- CLAMSHELL CONDO
- COLONY BEACH ESTATES
- COMPASS POINT CONDO
- COQUINA BEACH CONDO
- COTTAGE COLONY WEST CONDO
- DEL SEGA
- DINKINS BAYOU
- DUNES AT SANIBEL ISLAND
- EAST ROCKS
- FERRY LANDING
- GOPHER WALK
- GREENWOOD VILLAGE
- GULF BEACH CONDO
- GULF PINES
- GULF RIDGE SUB
- GULF SHORES
- GULFSIDE PLACE A LUXURY CONDO
- GUMBO LIMBO
- HERON
- HERON AT THE SANCTUARY II
- HERON AT THE SANCTUARY III
- HERONS LANDINGS I
- HIGH TIDE CONDO
- HUSCHKA
- IBIS
- ISLAND WOODS
- KINGS CROWN
- KINZIE ISLAND
- LAGOON ESTATES UNREC
- LAKE MUREX
- LAKE PALMS CONDO
- LAS CONCHAS DEL MAR
- LEISURE ACRES
- LIGHTHOUSE POINT CONDO
- LITTLE LAKE MUREX
- LOGGERHEAD CAY CONDO
- LOS COLONY
- MARINER POINTE CONDO
- METES AND BOUNDS
- MOONSHADOWS
- NUTMEG VILLAGE
- OCEANS REACH CONDO
- PALM LAKE
- PERIWINKLE PINES
- PERIWINKLE PROP SUBD UNREC
- POINTE SANTO DE SANIBEL CONDO
- POINTE SANTO DE SANIBEL II
- ROYALE TERN CONDO
- SABAL SANDS
- SANCTUARY AT WULFERT
- SANCTUARY GOLF VILLAGES CONDO
- SAND PEBBLE CONDO
- SAND POINTE
- SANDALFOOT CONDOMINIUM
- SANDDOLLAR CONDO
- SANIBEL ARMS
- SANIBEL ARMS WEST CONDO
- SANIBEL BAYOUS
- SANIBEL CENTER
- SANIBEL ESTATES
- SANIBEL HAMLET
- SANIBEL HARBOURS
- SANIBEL HIGHLANDS
- SANIBEL ISLES
- SANIBEL LAKE ESTATES
- SANIBEL MOORINGS CONDO
- SANIBEL PINES UNREC
- SANIBEL RIVER
- SANIBEL SHORES
- SANIBEL SHORES CONDO
- SANIBEL SIESTA CONDO
- SANIBEL SUNSET
- SANIBEL SURFSIDE CONDO
- SAYANA OF SANIBEL CONDO
- SEA LOFT VILLAGE CONDO
- SEA OATS
- SEA OATS VILLAGE
- SEA PINE
- SEAGATE
- SEAGULL ESTATES
- SEASHELLS OF SANIBEL CONDO
- SEDGEMOOR CONDO
- SHELL HARBOR
- SHELL ISLAND BEACH CLUB CONDO
- SHOREWOOD OF SANIBEL CONDO
- SIGNAL INN CONDO
- SOUTH CAPERS
- SPANISH CAY CONDO
- ST CROIX
- SUNDIAL OF SANIBEL
- SUNSET SOUTH CONDO
- SUNWARD OF SANIBEL
- TAMARIND AT THE REEF
- TANTARA CONDO
- TENNISPLACE
- THE DUNES SANIBEL ISLAND
- THE ROCKS
- TIGUA CAY CONDO
- TRADEWINDS
- VICTORIA COVE OF SANIBEL
- VILLA SANIBEL CONDO
- WATER SHADOWS UNRECORDED SUBDIVISON
- WEST ROCKS
- WHITE HERON SUBDIVISION
- WILCOX SUBDIVISION
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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