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$1,999,999
406 Days Online

610 Donax Street #311
Sanibel, FL 33957

For Sale|Multi-Family|Active
Subdivision:
Sanibel Surfside Condo
County:
Lee

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 239-940-2250
Is this the home for you? We can help make it yours.
239-940-2250
610 Donax Street610 Donax Street610 Donax Street610 Donax Street
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Fully rebuilt after Hurricane Ian devastated Sanibel, this gem is a once in a lifetime opportunity for a buyer looking for an impressive income stream. This quaint three unit Inn is located in the Resort Zone and has always been rented as a daily rental. Just steps away from the Donax St beach, it has consistently been a priority destination for visiting tourists that love Sanibel for its shells, beaches and small town vibe. While the second floor was not touched by Hurricane Ian, we have still upgraded it as part of our rebuild, new Central Air Conditioner, new furniture and enhancements were important in include. The other 2 units have been rebuilt in totality, ground up. Also new roof, new siding, new landscaping, we have focused on each part of the process with forethought and care to make this again a destination for guests throughout the Country and Internationally. This Inn has been rented on the major online accounts since 2017 and has built up a reputation for consistent bookings. 2024 calendar is already booking out, so a buyer will close with income already in place. In addition, many previous guests book direct and come back year after year. This special property is a 100 year land lease with over 50 years remaining and a smart and stable investment without the volatility of other investment options. With all the working policies and procedures already in place, a new owner can virtually take over an established business, streamlined with proven efficiencies and income.

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Listing Snapshot
Price 
$1,999,999
Days Online 
406 Days
Bedrooms 
5
Inside Area (SqFt) 
2,500 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1980
MLS® Number 
223021154
Status 
Active
Property Tax 
$9,386
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
7 months agoPrice changed to $1,999,999
a year agoListing first seen online
General Features
Style 
Other
Construction 
Vinyl Siding
Sewer 
Public Sewer
Acreage 
0
Water 
Public
Zoning 
MF
Property Sub Type 
Triplex
Utilities 
Cable Available
Interior Features
Cooling 
Central AirElectric
Heating 
CentralElectric
Flooring 
Wood
Window Features 
Other
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Exterior Features
Roof 
Metal
Spa 
No
Waterfront Property 
No
Waterfront Features 
None
Exterior 
None
Lot 
Oversized Lot
Community Features
Association Dues 
0
Association Amenities 
Beach RightsBeach Access
Pets 
Yes
Community Features 
Condo Hotel CommunityNear Hotel MotelNon Gated
MLS Area 
SI01 - Sanibel Island
Listing courtesy of RE/MAX Trend


The data relating to real estate for sale on this website comes in part from the Florida Gulf Coast MLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Neighborhood & Commute
Source: Walkscore
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