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610 Donax St , Unit 311, Sanibel, FL 33957

$1,475,000
  • 610 Donax St , Unit 311, Sanibel, FL 33957 Main Photo

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New to the Market Active
BEDS5 BATHS3 full SQUARE FEET2,500 MLS#226018133
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSANIBEL SURFSIDE CONDO

Property Description

Sanibel; named by Travel & Leisure as one of the top 50 â??Best Placesâ?? internationally to visit, with its restaurants, shops and of course, Sanibelâ??s incredible beaches, rebuilt and open for business. Located in the resort zone and historically operated as a vacation daily rental, this quaint 3 unit Inn is part of that comeback, booking reservations since reopening in March 2024. This gem is a once in a lifetime opportunity for a buyer looking for an impressive income stream. 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. New Central Air Conditioner, new furniture and enhancements in upper unit. 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. 2026 calendar is 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.

610 Donax St , Unit 311 | MLS# 226018133

This multi-family property located at 610 Donax St , Unit 311, Sanibel, FL 33957 is currently listed for sale with an asking price of $1,475,000. Search Sanibel real estate on mainlinemanny.realtymark.net today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Electric
Heating: Central Electric
Home Style: Triplex
Roof Type: Metal
Taxes: $9,386
Year Built: 1980

Feature Descriptions

Construction: Wood Frame, Vinyl Siding
Days on Site: 3
Exterior: Wood Frame, Vinyl Siding
Flooring: Wood
GEO Area: SANIBEL SURFSIDE CONDO
Lot: Across From Beach Access, Oversize
Parcel #: 30-46-23-T2-01600.00CE
Pets: Yes
Road Surface: Paved
Units: 3
Units in Building: Square Feet
Water: Central
Water: Central

Listed By / Shown By

Listed By

Agency Name: REMAX Affinity Mercato
Agency Phone: 239-793-2777

Shown By

Agent Name: Manuel Ishkhanian
Agent Phone: (484) 832-2122
Agency Title: RealtyMark

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Estimated Payment

$ 4,495.09 per month $3,282.71 Principal & Interest $782.17 Property Tax $430.21 Homeowner's Insurance

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