Listing Provided Courtesy of Premier Sotheby’s Int’l Realty
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! Agent possesses interest in this property.
Property Details
Price:
$5,300,000
MLS #:
2026014066
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Mar 24, 2026
Lot Size:
21,780 sqft / 0.50 acres (approx)
Year Built:
1960
See this Listing
Schools
Interior
Levels
2
Exterior
Waterfront Features
None
Financial
Tax Year
2025
Taxes
$22,162
Map
Community
- Address706 Donax ST SANIBEL FL
- CitySANIBEL
- CountyLee
- Zip Code33957
Subdivisions in SANIBEL
Market Summary
Current real estate data for Commercial in SANIBEL as of May 14, 2026
14
Commercial Listed
241
Avg DOM
$2,240,214
Avg List Price
Property Summary
- 706 Donax ST SANIBEL FL is a Commercial for sale in SANIBEL, FL, 33957. It is listed for $5,300,000 To schedule a showing of MLS#2026014066 at 706 Donax ST in SANIBEL, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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706 Donax ST
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