Listing Provided Courtesy of Keller Williams Realty Fort Myers
Rare Elevated Multi-Family Opportunity on Sanibel Island, Now Offered at an Exceptional Price! — Less than a Five-MinuteWalk to the Beach — Welcome to 746 Cardium Street, where the best of beachside living meets outstanding investment potential. Rarelyavailable on Sanibel Island, this elevated multi-family property features two separate cottages, offering a unique and highly sought-afteropportunity for both investors and lifestyle buyers alike. Ideally located less than a five-minute walk to one of Sanibel Island’s most renownedbeaches, this exceptional property delivers the perfect blend of flexibility, charm, and income potential. The beautifully maintained propertyincludes two inviting beach cottages, each offering 2 bedrooms and 1 bathroom, with a combined 1,280 square feet of living space under air.Importantly, the home has never sustained any damage from recent hurricanes, and the elevated construction has helped preserve theintegrity of the living areas—providing valuable peace of mind in today’s market. The property also features a new roof installed in 2023,further enhancing its durability and long-term value. Whether you choose to live in one cottage while renting the other, or lease both tomaximize income, the versatility of this property makes it ideal as a primary residence, seasonal retreat, or high-performing vacation rentalinvestment. Perfectly positioned just off Periwinkle Way and Donax Road, you’ll enjoy effortless access to the beach just steps away, alongwith nearby shopping, dining, and island attractions via Middle Gulf Drive. Each elevated cottage offers its own private screened lanai,expansive decking, and dedicated storage for all your island essentials. The spacious lot also provides room for a potential private pool,allowing you to further enhance the outdoor living experience. Opportunities like this—an elevated, storm-resilient, multi-family property insuch a prime Sanibel location—are few and far between. Don’t miss your chance to own a true slice of island paradise.
Property Details
Price:
$850,000
MLS #:
2026011777
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SANIBEL SHORES
Neighborhood:
sanibelshores
Listed Date:
Mar 9, 2026
Finished Sq Ft:
1,280
Total Sq Ft:
1,280
Lot Size:
10,411 sqft / 0.24 acres (approx)
Year Built:
1970
See this Listing
Schools
Interior
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Electric
Flooring
Tile, Vinyl
Heating
Central Electric
Levels
1
Exterior
Architectural Style
Duplex, Single Family
Association Amenities
None
Building Features
DSL/Cable Available
Construction Materials
Wood Frame, Vinyl Siding, Wood Siding
Exterior Features
Screened Lanai/Porch, Outdoor Shower, Storage
Lot Features
Regular
Other Structures
Storage
Parking Features
Driveway Unpaved
Patio And Porch Features
Deck, Patio
Roof
Shingle
View
Landscaped Area
Waterfront Features
None
Financial
Tax Year
2025
Taxes
$9,772
Map
Community
- Address746 Cardium ST SANIBEL FL
- SubdivisionSANIBEL SHORES
- CitySANIBEL
- CountyLee
- Zip Code33957
Subdivisions in SANIBEL
Market Summary
Current real estate data for Single Family in SANIBEL as of May 19, 2026
247
Single Family Listed
155
Avg DOM
658
Avg $ / SqFt
$1,834,892
Avg List Price
Property Summary
- Located in the SANIBEL SHORES subdivision, 746 Cardium ST SANIBEL FL is a Single Family for sale in SANIBEL, FL, 33957. It is listed for $850,000 and features 4 beds, 2 baths, and has approximately 1,280 square feet of living space, and was originally constructed in 1970. The current price per square foot is $664. The average price per square foot for Single Family listings in SANIBEL is $658. The average listing price for Single Family in SANIBEL is $1,834,892. To schedule a showing of MLS#2026011777 at 746 Cardium ST in SANIBEL, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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