ActiveMLS# 2026014066
1 / 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