706 Donax ST, Sanibel, FL 33957
  • $5,300,000

Description

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!

Details

Updated on March 24, 2026 at 6:06 pm
  • Property ID 2026014066
  • Price $5,300,000
  • Land Area 0.5 Acres
  • Garage Size x x
  • Year Built 1960
  • Property Status Active

Additional details

  • County Lee
  • Property Type Commercial Sale
  • Waterfront None

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