UPDATED:
01/03/2025 08:22 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $879
Subdivision Sanibel Surfside Condo
MLS Listing ID 223021154
Style See Remarks
Bedrooms 5
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1980
Annual Tax Amount $9,386
Tax Year 2022
Lot Dimensions Survey
Property Description
Located in the resort zone and historically operated as a vacation daily rental, this quaint 3 unit Inn is part of that comeback, booking reservations since reopening in March 2024. This gem is a once in a lifetime opportunity for a buyer looking for an impressive income stream. Just steps away from the Donax St beach, it has consistently been a priority destination for visiting tourists that love Sanibel for its shells, beaches and small town vibe.
New Central Air Conditioner, new furniture and enhancements in upper unit. The other 2 units have been rebuilt in totality, ground up. Also new roof, new siding, new landscaping, we have focused on each part of the process with forethought and care to make this again a destination for guests throughout the Country and Internationally.
This Inn has been rented on the major online accounts since 2017 and has built up a reputation for consistent bookings. 2025 calendar is already booking out, so a buyer will close with income already in place. In addition, many previous guests book direct and come back year after year. This special property is a 100 year land lease with over 50 years remaining and a smart and stable investment without the volatility of other investment options. With all the working policies and procedures already in place, a new owner can virtually take over an established business, streamlined with proven efficiencies and income.
Location
State FL
County Lee
Community Sanibel Surfside Condo
Area Si01 - Sanibel Island
Rooms
Bedroom Description NaN
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Wood
Fireplace No
Window Features Other
Exterior
Exterior Feature None
Community Features Condo Hotel Community, Near Hotel/ Motel, Non- Gated
Utilities Available Cable Available
Amenities Available Beach Rights, Beach Access
Waterfront Description None
Water Access Desc Public
Roof Type Metal
Garage No
Private Pool No
Building
Lot Description Oversized Lot
Dwelling Type Triplex
Sewer Public Sewer
Water Public
Architectural Style See Remarks
Structure Type Vinyl Siding,Wood Frame
Construction Status Resale
Others
Pets Allowed Yes
Senior Community No
Tax ID 30-46-23-T2-01600.00CE
Acceptable Financing All Financing Considered, Cash
Listing Terms All Financing Considered, Cash
Pets Allowed Yes
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Milton Knight, CRS
Principal Real Estate Broker | License ID: 0663675
Principal Real Estate Broker License ID: 0663675