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706 Donax Street
Sanibel FL 33957 US

$5,300,000

Active Listing ID 2026014066
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Lot: 0.50 Acres
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Other

$5,300,000

Active Listing ID 2026014066
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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!

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Property Features

  • Facts
  • Lot Size: 0.50 Acres
  • Property Type: Residential
  • Property Sub-type: Other

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 5300000
  • unparsedaddress: 706 Donax Street
  • postalcity: Sanibel
  • stateorprovince: FL
  • country: US
  • postalcode: 33957
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.5
  • lotsizeunits: Acres
  • lotsizearea: 0.5
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 26.438369
  • longitude: -82.045762
  • listagentfullname: Palmer Rosen
  • listagentemail: palmer@rosenvacations.com
  • listagentkey: 3yd-FMSWFL-P3471343
  • listagentmlsid: P3471343
  • listagentpreferredphone: 2394722735
  • listagentofficephone: 2394722735
  • listofficekey: 3yd-FMSWFL-FPSI
  • listagentstatelicense: 280597148
  • listofficemlsid: FPSI
  • 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: 1960
  • listingcontractdate: 2026-03-24
  • listagenturl: www.rosenrealestateventures.com
  • countyorparish: Lee
  • parcelnumber: 30-46-23-T2-00304.0140
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.04576, 26.43837
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Premier Sotheby's Int'l Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"palmer@rosenvacations.com", "ListBrokerageCity":"Sanibel", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Premier Sotheby's Int'l Realty", "ListBrokeragePhone":"(239) 472-2735", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2341 Palm Ridge Rd", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"2341 Palm Ridge Road ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"FPSI", "ListOfficeCity":"Sanibel", "ListOfficeCountry":"USA", "ListOfficeEmail":"Payables@PremierSIR.com", "ListOfficePostalCode":"33957", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Sanibel, FL", "ListingURL":null, "MLSModificationTimestamp":"2026-03-24 18:15:37", "Neighborhoods":[{"Description":null, "Name":"SI01 - Sanibel Island"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":22162, "TaxDescription":"SANIBEL SHORES NO.1 BLK 4 PB 6 PG 7 LOT 12, 14, 15", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/24/2026 6:16:59 PM GMT
Source Updated Date: 3/30/2026 7:08:40 AM GMT

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.