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2440 Palm Ridge Road
Sanibel FL 33957 US

$2,700,000

Active Listing ID 2026002508
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Lot: 0.63 Acres
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Retail

$2,700,000

Active Listing ID 2026002508
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2440 Palm Ridge Road Income-producing two-story commercial building in the heart of Sanibel's Central Business District, offering 175 feet of prime Palm Ridge Road frontage and outstanding visibility. Zoned Town Center Limited, the preferred location for retail and mixed-use opportunities, and is designated G (Altered Lands) under the City of Sanibel Comprehensive Land Use Plan. The fully leased first floor provides immediate, stable cash flow, while each level offers 4, 066 square feet of space. Constructed with steel-reinforced concrete slab and concrete stem wall footings for long-term durability and low maintenance. The second floor presents future residential potential, with architectural plans already prepared and subject to City approval-creating meaningful value-add and additional income upside. A strategic opportunity to secure high-visibility Sanibel commercial real estate with both current performance and long-term growth potential. Building currently being repainted & doors replaced on second floor.

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Property Features

  • Facts
  • Lot Size: 0.63 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Retail
  • Additional Features
  • Waterfront

Property

  • propertytype: Commercial Sale
  • propertysubtype: Retail
  • listprice: 2700000
  • unparsedaddress: 2440 Palm Ridge Road
  • postalcity: Sanibel
  • stateorprovince: FL
  • country: US
  • postalcode: 33957
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.632
  • lotsizeunits: Acres
  • lotsizearea: 0.632
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 26.439928
  • longitude: -82.07878
  • listagentfullname: Tina DiCharia
  • listagentemail: trdicharia@gmail.com
  • listagentkey: 3yd-FMSWFL-3281337
  • listagentmlsid: 3281337
  • listagentpreferredphone: 2393405636
  • listagentofficephone: 2393405636
  • listofficekey: 3yd-FMSWFL-PREFP
  • listagentstatelicense: 280596822
  • listofficemlsid: PREFP
  • disclaimer: Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: FMSWFL
  • yearbuilt: 1980
  • listingcontractdate: 2026-02-08
  • listagentfax: 2394377243
  • listagenturl: http://www.thesimmonsteam.com
  • countyorparish: Lee
  • parcelnumber: 26-46-22-T2-0030E.0060
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: True
  • franchiseaffiliation: None
  • waterfrontfeatures: Lake
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -82.07878, 26.439928
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Royal Shell Real Estate, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"trdicharia@gmail.com", "ListBrokerageCity":"Fort Myers", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Royal Shell Real Estate, Inc.", "ListBrokeragePhone":"2393331774", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"7205 ESTERO BLVD, UNIT F600 ", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"15050 Captiva Drive ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"PREFP", "ListOfficeCity":"Captiva", "ListOfficeCountry":"USA", "ListOfficeEmail":"MLSNotices@RoyalShell.com", "ListOfficePostalCode":"33924", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Sanibel, FL", "ListingURL":null, "MLSModificationTimestamp":"2026-02-08 23:03:49", "Neighborhoods":[{"Description":null, "Name":"SI01 - Sanibel Island"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":25869, "TaxDescription":"PALM RIDGE BLK E PB 23 PG 57 LOTS 6 + 5", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/20/2026 1:07:00 AM GMT
Source Updated Date: 3/28/2026 6:51:25 PM GMT

Courtesy of: Tina DiCharia, Royal Shell Real Estate, Inc., trdicharia@gmail.com

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.