Listing Provided Courtesy of Royal Shell Real Estate, Inc.
$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.
Property Details
Price:
$1,595,000
MLS #:
2025019853
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PALM RIDGE
Neighborhood:
palmridge
Listed Date:
Dec 4, 2025
Finished Sq Ft:
1,972
Total Sq Ft:
3,181
Lot Size:
10,454 sqft / 0.24 acres (approx)
Year Built:
1989
See this Listing
Schools
Interior
Appliances
Gas Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Washer, Water Treatment Owned
Bathrooms
3 Full Bathrooms
Cooling
Ceiling Fan(s), Central Electric, Gas – Propane, Zoned
Flooring
Wood
Heating
Central Electric, Propane, Zoned
Interior Features
Bar, Disability Equipped, Other, Pantry, Smoke Detectors, Vaulted Ceiling(s), Volume Ceiling, Wheel Chair Access, Window Coverings
Laundry Features
Washer/Dryer Hookup, Laundry in Residence
Levels
4
Exterior
Accessibility Features
Wheel Chair Access
Architectural Style
Florida, Multi-Story Home, Traditional, Single Family
Association Amenities
Bike And Jog Path, See Remarks
Attached Garage YN
1
Construction Materials
Wood Frame, Stucco
Covered Spaces
2
Exterior Features
Awning(s), Balcony, Open Porch/Lanai, Courtyard, Outdoor Shower, Storage
Fencing
Fenced
Garage Spaces
2
Lot Features
Regular
Other Structures
Storage
Parking Features
Covered, Guest, Load Space, Under Bldg Closed, Attached
Parking Spots
2
Parking Total
2
Patio And Porch Features
Awning(s), Deck, Patio
Roof
Metal
Security Features
Smoke Detector(s)
Spa Features
Above Ground, Below Ground, Concrete, Equipment Stays, Heated Gas, Pool Integrated
View
Landscaped Area, Partial Bay, Preserve
Waterfront Features
None
Window Features
Window Coverings
Financial
Tax Year
2024
Taxes
$7,837
Map
Community
- Address2480 Library WAY SANIBEL FL
- SubdivisionPALM RIDGE
- 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 Single Family in SANIBEL as of Apr 23, 2026
279
Single Family Listed
159
Avg DOM
669
Avg $ / SqFt
$1,884,188
Avg List Price
Property Summary
- Located in the PALM RIDGE subdivision, 2480 Library WAY SANIBEL FL is a Single Family for sale in SANIBEL, FL, 33957. It is listed for $1,595,000 and features 3 beds, 3 baths, and has approximately 1,972 square feet of living space, and was originally constructed in 1989. The current price per square foot is $809. The average price per square foot for Single Family listings in SANIBEL is $669. The average listing price for Single Family in SANIBEL is $1,884,188. To schedule a showing of MLS#2025019853 at 2480 Library WAY in SANIBEL, FL, contact your Century 21 Carioti agent at 2392986550.
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