Sanibel, FL 33957,1245 Periwinkle WAY
Sanibel, FL 33957,1245 Periwinkle WAY
Sanibel, FL 33957,1245 Periwinkle WAY
Sanibel, FL 33957,1245 Periwinkle WAY
Sanibel, FL 33957,1245 Periwinkle WAY
Sanibel, FL 33957,1245 Periwinkle WAY
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$ 3,500,000
Est. payment | /mo

2.44 Acres Lot


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$ 3,500,000
Est. payment | /mo
Save

2.44 Acres Lot

Key Details

Property Type Commercial

Sub Type Hotel/ Motel

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 223071391

Construction Status Known Damage

HOA Y/N No

Year Built 1959

Annual Tax Amount $36,658

Tax Year 2022

Lot Size 2.440 Acres

Acres 2.44

Property Description

OVERVIEW: Rare investment opportunity to own a hotel with nightly rentals on Sanibel Island. Perfectly positioned investment location along the islands bike path and walking distance to beaches, shopping, dining establishments FEATURES: 12 nightly units and 1 managers cottage or possible monthly rental, each with private bathroom and kitchen. Efficiencies, studios, and three spacious A-frame cottages. 2.44-acres boasts spacious grounds, including a large pool, picnic areas, bike storage, ample parking, tranquil pond, office area, laundry facility and storage. VERSATILITY: Whether you envision a boutique hotel recreated within the existing footprint or redesigning for residential development, it offers the flexibility to explore both options. SANIBEL RARITY One of the few properties on Sanibel Island permitted for nightly rentals. VISIBILTY: located along the island's main road while benefiting from its set-back position, allows amble privacy. HIGHLIGHTS: Ideal visibility and located just under a mile from the beautiful white sandy beaches, this is an exceptional opportunity to create a unique hospitality experience. Don’t miss this chance to own a piece of Sanibel and transform this iconic 1959 motel into a sought-after boutique hotel.

Location

State FL

County Lee

Area Si01 - Sanibel Island

Rooms

Bedroom Description NaN

Interior

Fireplace No

Exterior

Waterfront No

Waterfront Description None

Garage No

Building

Story 1

Construction Status Known Damage

Others

Senior Community No

Tax ID 19-46-23-T3-00014.0020

Listed by Pfeifer Realty Group LLC • Dawn Marie Ramsey
agent-avatar

“My goal is to guide you through every step of the process, providing expert advice and personalized service to ensure your real estate journey is seamless and stress-free. With Pfeifer Realty Group, you’re not just getting an agent – you’re gaining a trusted partner.”

+1(239) 472-0004

info@pfeiferrealtygroup.com

1630 Periwinkle Way Unit I, Sanibel, Florida, 33957, USA

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1245 Periwinkle WAY