Homes for sale - 610 Donax ST #311, Sanibel, FL 33957

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Diane Fulbright & Daniel Salvatore

dianefulbright@comcast.net +1(239) 919-4020

$ 1,799,999

Est. payment | -/mo

5 Beds

3 Baths

Save

$ 1,799,999

Est. payment | -/mo

Save

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Sanibel Surfside Condo

MLS Listing ID 2025006253

Style Resale Property

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1980

Annual Tax Amount $9,386

Tax Year 2022

Property Sub-Type Triplex

Source Florida Gulf Coast

Property Description

Sanibel; named by Travel & Leisure as one of the top 50 “Best Places” internationally to visit in 2025, with its restaurants, shops and of course, Sanibel's incredible beaches, rebuilt and open for business. 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

Area Sanibel Surfside Condo

Zoning MF

Interior

Heating Central Electric

Flooring Wood

Fireplace No

Heat Source Central Electric

Exterior

Amenities Available Beach Access

Waterfront Description None

Roof Type Metal

Street Surface Paved

Garage No

Private Pool No

Building

Lot Description Across From Beach Access, Oversize

Water Central

Architectural Style Triplex

Structure Type Wood Frame,Vinyl Siding

New Construction No

Others

Pets Allowed Yes

Senior Community No

Tax ID 30-46-23-T2-01600.00CE

Listed by RE/MAX Trend • April Nixon