1245 Periwinkle Way , SANIBEL, FL 33957
SANIBEL, FL 33957
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.
Details
| Mls | 223071391 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Pending |
| Year | 1959 |
| Days On Site | 232 |
| Listing Provided By | Pfeifer Realty Group LLC | Dawn Marie Ramsey |
Features
| Storys | 1 |
|---|---|
| Acreage | 2.44 |
| Water Front | Yes |
Market Activity 33957
Request A Showing
Request A Showing
Contact
Learn More About This Property
| State | FL |
|---|---|
| County | Lee |
| City | SANIBEL |
| Zip Code | 33957 |
| Listing VS Median (in 33957) | |
Price: $3,500,000 low | high Med: $1,099,000 On Site: 232 low | high Med: 217.000000 | |
