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706 Donax St, SANIBEL, FL 33957
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706 Donax St
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Priced at Only: $5,300,000
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Address: 706 Donax St, SANIBEL, FL 33957
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  • MLS#: 2026014066 ( Commercial Sale )
  • Street Address: 706 Donax St
  • Viewed: 1
  • Price: $5,300,000
  • Price sqft: $0
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1960
  • Bldg sqft: 0
  • Additional Information
  • Geolocation: 26.4384 / -82.0459
  • County: LEE
  • City: SANIBEL
  • Zipcode: 33957
  • DMCA Notice
  • Description
    Once in a generation opportunity to own not one, but two, of the few remaining motel/hotel establishments on Sanibel Island! Legally permitted for nightly rentals and generating close to $1,000,000 in annual revenue, the Palmview and Sandpiper Inns are powerhouse performers with strong historical and future rental performance. Receiving a ground up renovation in 2024 with existing management in place (if the new owner so desires), both are well outfitted to offer their new owner a consistent, worry free, income for years to come!
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Finance and Tax Information
  • Tax Year: 2025
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  • Parcel Number: 30-46-23-T2-00304.0140
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