Sanibel FL Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
2,864
Status:
Active
Beds:
5
Lot size:
0.34 Acres
Year built:
1974
Baths:
4.00
MLS#:
224083456
Subdivision:
Lagoon Estates Unrec

ADDITIONAL INFORMATION

Rare opportunity for a Full 5 bedroom, 4 bath, Duplex/Triplex available for sale. Building mitigated in 2023 and completed in 2024. Like a Brand-new building! Impact doors & windows that include patio doors to open porches to enjoy your morning coffee. The Left side is a 2/bed, 1/bath with a private driveway entry. Right side is a much larger Open concept floor plan, 3/bedroom, 3 baths with 2 separate patio/decks. Great opportunity for investors due to shortage of island rentals. Live on one side while renting out the other or use as family compound, in-law suite, worker housing for resorts. Endless possibilities! Ground level building zoned residential multi-family. Great mid island location for a home style business & walk to shopping center, restaurants & medical. Jordan Marsh Preserve Park mins walk down the street. Short distance to Gulfside City Park beaches. New Roof, gutters & insulation, new electric, plumbing, and stainless-steel appliances 2024. Survey available. Flood & Wind Insurance.

Type:
Duplex
Sq.Ft.:
3,256
Status:
Active
Beds:
4
Lot size:
0.41 Acres
Year built:
1953
Baths:
2.00
MLS#:
224080702
Subdivision:
Not Applicable

ADDITIONAL INFORMATION

This East End duplex, just steps from the beach down a charming gravel road that ends at the Gulf of Mexico, offers an exceptional opportunity for a visionary buyer. Nestled near shops, the historic lighthouse, and the popular fishing pier, this property was impacted by Hurricane Ian and is ready for a fresh start. Whether you choose to remodel and restore its original charm or build a new elevated single-family home, the possibilities are endless. With the potential to regain the previous $100,000 in annual rental income, you can maximize your investment by living in one unit while renting the other or leasing both for steady income. The location and flexibility of this property make it a rare find. Don’t miss out on transforming this duplex into a stunning coastal retreat in one of the island’s most sought-after neighborhoods.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1961
Baths:
MLS#:
A4605584
Subdivision:
Sanibel Estates

ADDITIONAL INFORMATION

Beautiful, canal-front duplex on the East end of Sanibel! It's a great rental income generator with one side as a 3/1, the other as a 2/1. Impact glass windows, tile throughout both units, updated kitchens with new appliances and granite countertops. Schooner is a short walk to the beach, coffee shops, and restaurants. Take a quick bike ride to the heart of Sanibel, only a few miles down the road. Wind-$ 2,821 - Flood-$ 4,474 - Homeowners-$ 1,622

Type:
Triplex
Sq.Ft.:
2,500
Status:
Active
Beds:
5
Year built:
1980
Baths:
3.00
MLS#:
223021154
Subdivision:
Sanibel Surfside Condo

ADDITIONAL INFORMATION

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. 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. 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.

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Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75019

The source of the foregoing property information is a database compilation of an organization that is a member of the Southwest Florida Multiple Listing Service. Each Southwest Florida Multiple Listing Service member organization owns the copyright rights in its respective proprietary database compilation, and reserves all such rights. Copyright © 2024. The foregoing information including, but not limited to, any information about the size or area of lots, structures, or living space, such as room dimensions, square footage calculations, or acreage is believed to be accurate, but is not warranted or guaranteed. This information should be independently verified before any person enters into a transaction based upon it.

Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Hwy 121 Bypass, Suite 100, Lewisville, TX 75067


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Sanibel Real Estate

The median home value in Sanibel, FL is $911,250. 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 $911,250. 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.

Sanibel Weather

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.

Sanibel Real Estate Market Conditions

  • Median sales price

    $911,250
    29.5% change since last quarter
  • # Active listings

    356
    30-day change

Sanibel Schools and Demographics

Education near Sanibel, FL

Metric City County
High School Graduates 99.04 89.77
College Degree - 2 year 6.51 9.44
College Degree - 4 year 58.15 29.01
Graduate Degree 20.57 7.55
Expenditures per Student 11,545 11,545
Students per Teacher 18.8 18.8

Elementary Schools near Sanibel, FL

School Grades Students P/T Ratio ZIP
Cape Coral Charter School PK - 08 592 14.4 33991
Cape Coral Preparatory and Fitness Academy KG - 08 224 16 33991
Cape Elementary School PK - 05 756 16.4 33904
Christa McAuliffe Charter Elementary School PK - 05 760 17.7 33991
Fort Myers Beach Elementary School PK - 05 117 9.8 33931
Gulf Elementary School PK - 05 1,008 14.8 33914
Oasis Charter Elementary School PK - 05 888 16.8 33914
Patriot Elementary School PK - 05 631 14 33991
Pelican Elementary School PK - 05 896 15.7 33914
Skyline Elementary School PK - 06 859 13.4 33991
The Sanibel School PK - 08 326 13 33957
Trafalgar Elementary School PK - 05 808 15.3 33991

Middle Schools near Sanibel, FL

School Grades Students P/T Ratio ZIP
Challenger Middle School 06 - 08 1,088 16.7 33991
Gulf Middle School 06 - 08 801 19.5 33914
Oasis Charter Middle School 06 - 08 839 18.2 33914
Trafalgar Middle School 06 - 08 882 17.3 33991

High Schools near Sanibel, FL

School Grades Students P/T Ratio ZIP
Cape Coral High School 09 - 12 1,654 20.4 33991
Ida S. Baker High School 09 - 12 1,800 21.2 33914
Oasis Charter High School 09 - 12 722 20.1 33914

Ungraded Schools near Sanibel, FL

School Grades Students P/T Ratio ZIP
* North Nicholas High School 09 - 12 355 44.4 33991
Amikids Southwest Florida 06 - 12 37 18.5 33931

Demographics near Sanibel, FL

Metric City County
Neighborhood Type Small town
Population 6,437 752,251
Population Density 398 962
Median Age 68.2 48.9
People per Household 1.9 2.5
Median Household Income 103,413 63,235
Average Income per Capita 107,950 37,550