Rare opportunity to own a prime commercial property on beautiful Sanibel Island. This former restaurant, with an apartment upstairs is situated on a large lot, .62 acres and boasts 200' of frontage on Tarpon Bay Rd. The commercial space is approximately 1400 SF and the apartment is 1000 SF under air with a 376 SF wrap around screened porch, perfect for owner, staff or investment. Located in a busy area opposite the post office, this property offers potential for a variety of businesses. Property has been completely remediated has a new roof and impact windows and doors. Unlock the potential of this exceptional property!
Fully rebuilt and open for business since March 2024 with over $150K in bookings in only 5 months! Buyer is buying a business with a guarantee 50+ years land lease with thriving earnings already in place. All bookings for future dates will be passed on to the buyer. This gem is a once in a lifetime opportunity for a buyer looking for an impressive income stream. This quaint three unit Inn is located in the Resort Zone and has always been rented as a daily rental. 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. While the second floor was not touched by Hurricane Ian, we have still upgraded it as part of our rebuild, new Central Air Conditioner, new furniture and enhancements were important in include. 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. 2024 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.
The Island Trading Post is a well-known island business with great visibility and frontage along Periwinkle Way, Sanibel Island's main thoroughfare. Once a bustling store with multiple showrooms and a loyal following, this is your chance to grab a prime location in the heart of Sanibel Island. This amazing offering is combined with the neighboring parcel offering a total of 150 feet of prime Periwinkle frontage and three structures including a 2,358-square-foot retail store in front with multiple showrooms and great parking. There is also a 2,390-square-foot residence in back offering four bedrooms, two baths and private natural views, and the next-door workshop and storage below with a nice apartment above all along a pond teeming with birds and the Bailey Homestead Preserve beyond. There is plenty of parking in front, all with multiple and easy access points to Periwinkle Way. This is your chance to establish a great business with prime frontage, and own multiple residential units all in the heart of Sanibel Island.
INVESTORS LOOK NO FURTHER!! 2.29 ACRES OF COMMERCIAL MIXED USE AND RESIDENTIAL PROPERTY. This property was known as The Tipsy Turtle. Was a local hot spot everyone came to for great food and live music. This property has so mush potential. 25% of the property is zoned residential. Can build 10 apartment/condos and make it a boutique plaza with retail shops and restaurants.
Great opportunity to obtain a commercial building with excellent frontage and visibility from Periwinkle. Ideally situated near the causeway allowing for easy access on and off the Island. Neighbored by established restaurants, shops and financial institutions.
ADDITIONAL PROPERTIES TO BE SOLD AS A PACKAGE INCLUDE: 4788 TRADEWINDS DRIVE - 19-46-22-T2-00400.0540 RESIDENTIAL HOME 1344 JAMAICA DRIVE - 19-46-22-T2-00400.0570 DUPLEX 1350 JAMAICA DRIVE - 19-46-22-T2-00400.0580 DUPLEX Don’t miss this incredible investment opportunity to acquire income-producing properties on Sanibel Island. This is a once-in-a-lifetime opportunity to acquire a distinguished portfolio of properties located on and near the Gulf of Mexico. Included in this extraordinary portfolio: Four separate parcels, all within a few yards from each other. A six-unit Gulf-front hotel with unobstructed views of breathtaking sunsets. Two separate duplexes just yards away from the hotel and beach access. A residential piling home with a pool located across the street from the beach and the hotel. Imagine not just owning one, but four exclusive island parcels mere steps away from the pristine shores of the Gulf of Mexico. Seize this once-in-a-lifetime opportunity to own four slices of paradise on Sanibel Island.
Prime Location and Rare Opportunity! Well-established Gas and Service Station situated in one of the most coveted spots on Sanibel Island. Positioned conveniently on Periwinkle Way, just west of the four-way intersection, this station stands as one of only two automotive gas stations available on both Sanibel and Captiva Islands. Its exceptional visibility makes it a promising investment opportunity. The property features two gas pumps, totaling five nozzles, ensuring efficient service. Additionally, there are two indoor and two outdoor service bays that could potentially be transformed into retail convenience spaces. For ample storage needs, there is a spacious yard at the rear of the property, and a detached one-bedroom cottage is also included. This property was damaged due to Hurricane Ian and needs work to bring it back to its former glory. Sold As-Is. Don't miss out on this rare chance to own a service station in such a prime location!
The median home value in Sanibel, FL is $850,000. This is higher than the county median home value of $380,000. The national median home value is $338,100. The average price of homes sold in Sanibel, FL is $850,000. Approximately 36.16% of Sanibel homes are owned, compared to 4.15% rented, while 59.69% are vacant. Sanibel real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sanibel real estate agent to arrange a tour today!
Sanibel, Florida has a population of 6,437. Sanibel is less family-centric than the surrounding county with 1.95% of the households containing married families with children. The county average for households married with children is 20.71%.
The median household income in Sanibel, Florida is $103,413. The median household income for the surrounding county is $63,235 compared to the national median of $69,021. The median age of people living in Sanibel is 68.2 years.
The average high temperature in July is 91.7 degrees, with an average low temperature in January of 53.4 degrees. The average rainfall is approximately 53.8 inches per year, with 0 inches of snow per year.