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
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Price $5,300,000
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Land Area 0.5 Acres
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Garage Size x x
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Year Built 1960
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Property Status Active
Additional details
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County Lee
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Property Type Commercial Sale
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Waterfront None
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