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! Agent possesses interest in this property.
Details
| MLS # | 2026014066 |
|---|---|
| Listing Type | For Sale |
| Style | Hotelmotel |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 154 |
| Listing Provided By | Premier Sotheby's Int'l Realty | Palmer Rosen |
Features
| Story(s) | 2 |
|---|---|
| Acreage | 0.50 |
Taxes
| Tax Annual Amount | 22162.48 |
|---|
Area Information
| State | FL |
|---|---|
| County | Lee |
| City | Sanibel |
| Zip Code | 33957 |
| Area | SI01 Sanibel Island |
| Listing VS Median (in 33957) | |
Price: $5,300,000 low | high Med: $950,000 On site: 154 low | high Med: 265 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Lee |
| City | Sanibel |
| Zip Code | 33957 |
| Area | SI01 Sanibel Island |
| Listing VS Median (in 33957) | |
Price: $5,300,000 low | high Med: $950,000 On site: 154 low | high Med: 265 | |
Nearby Listings (Within 1/10 mile)
Price: $3.975M - $6.625M
sqft: 0 - 0
 | $1,095,000658 Donax StSanibel, FL 33957 |
 | $625,000736 Donax StSanibel, FL 33957 |
Listing Updated: July 9, 2026 at 6:27:39 PM PDT