Agent Directory
Active
706 Donax ST SANIBEL, FL 339571 / 25

$5,300,000

706 Donax ST

location_onSANIBEL, FL 33957 · Lee County

1960Built

About This Property

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.

infoProperty Details

Property Type
Lodging and Hospitality: Economy/Limited Service
Year Built
1960
Lot Size
0.50 acres
Days on Market
47
List Date
Mar 24, 2026
Annual Taxes
$22K (2025)

yardExterior & Lot

Waterfront

None

Listed By

Premier Sotheby's Int'l Realty

239-472-2735