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711 Donax Street
SANIBEL FL 33957 US

$2,595,000

Pending Listing ID 224021129
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Lot: 0.49 Acres
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Single Family Attached

$2,595,000

Pending Listing ID 224021129
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711 Donax Street Welcome to the Driftwood Inn, a boutique gem located in Sanibel Island's Resort Housing district, offering nightly rentals. This is a rare opportunity to acquire one of a few properties with nightly rentals on Sanibel Island. This well-established property is in one of Florida's most coveted beach destinations. Featuring four charming two-bedroom / two-bathroom cottages with full kitchens and screened lanais just seven houses from the beach access. Meticulously maintained, efficiently managed, and conveniently located near restaurants and shops, the Inn provides a perfect balance of island tranquility and accessibility. The Driftwood’s Island charm, peaceful grounds, and ideal location make it a top choice for island vacationers. Recent renovations exceeding $600, 000 make it a turnkey investment opportunity with reservations already secured. Projections for 2024 forecast a robust gross rental income of $315, 000, supported by strong occupancy and loyal repeat guests. The Driftwood Inn offers the perfect combination of rental income and real estate value appreciation, making it a sound investment opportunity in the hospitality market.

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Property Features

  • Facts
  • Lot Size: 0.49 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Single Family Attached

Property

  • propertytype: Commercial Sale
  • propertysubtype: Single Family Attached
  • listprice: 2595000
  • unparsedaddress: 711 Donax Street
  • postalcity: SANIBEL
  • stateorprovince: FL
  • country: US
  • postalcode: 33957
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.488
  • lotsizeunits: Acres
  • lotsizearea: 0.488
  • livingareaunits: Square Feet
  • latitude: 26.43857
  • longitude: -82.046423
  • listagentfullname: Dawn Marie Ramsey
  • listagentemail: dawn@Pfeiferrealtygroup.com
  • listagentkey: 3yd-FMSWFL-P3573365
  • listagentmlsid: P3573365
  • listagentpreferredphone: 2392332976
  • listagentofficephone: 2394720004
  • listofficekey: 3yd-FMSWFL-PRG
  • listofficemlsid: PRG
  • disclaimer: Copyright © 2024 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: 1969
  • listingcontractdate: 2024-03-08
  • listagenturl: http://www.mysanibelrealestate.com
  • countyorparish: Lee
  • parcelnumber: 30-46-23-T2-00302.0310
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.046423, 26.43857
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Listing Changed: 4/24/2024 2:53:34 PM GMT
Source Updated Date: 5/5/2024 6:43:15 AM GMT

Courtesy of: Dawn Marie Ramsey, Pfeifer Realty Group LLC, dawn@Pfeiferrealtygroup.com

Copyright © 2024 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.

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