Courtesy of: Palmer Rosen, Premier Sotheby's Int'l Realty, palmer@rosenvacations.com
Courtesy of: Palmer Rosen, Premier Sotheby's Int'l Realty, palmer@rosenvacations.com
$5,300,000
|
Lot: 0.50 Acres
|
|
Other
|
$5,300,000
706 Donax Street 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!
Courtesy of: Palmer Rosen, Premier Sotheby's Int'l Realty, palmer@rosenvacations.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.