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1245 Periwinkle Way

Sanibel, FL 33957
  • $3,500,000
  • STATUS: Active
  • ON SITE: 267 Days
  • ID#: 223071391
UPDATED: 119 min ago
$3,500,000
  • 0
    BEDS
  • 2.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1959
County:
Lee

School Ratings & Info

Description

OVERVIEW: Rare investment opportunity to own a hotel with nightly rentals on Sanibel Island. Perfectly positioned investment location along the islands bike path and walking distance to beaches, shopping, dining establishments FEATURES: 13 Rooms, each with private bathroom and kitchen. Efficiencies, studios, and three spacious A-frame cottages. 2.44-acres boasts spacious grounds, including a large pool, picnic areas, bike storage, ample parking, tranquil pond, office area, laundry facility and storage. VERSATILITY: Whether you envision a boutique hotel recreated within the existing footprint or redesigning for residential development, it offers the flexibility to explore both options. SANIBEL RARITY One of the few properties on Sanibel Island permitted for nightly rentals. VISIBILTY: located along the island's main road while benefiting from its set-back position, allows amble privacy. HIGHLIGHTS: Ideal visibility and located just under a mile from the beautiful white sandy beaches, this is an exceptional opportunity to create a unique hospitality experience. Dont miss this chance to own a piece of Sanibel and transform this iconic 1959 motel into a sought-after boutique hotel.

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© 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Paradise Coast R.E. Group | MVP Realty. Data last updated 2024-06-23T20:24:31.577.
www.paradisecoastregroup.com/homes/143932907
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1245 Periwinkle Way Sanibel, FL 33957

  • Price: $3,500,000
  • Status: Active
  • On Site: 267 Days
  • Updated: 119 min ago
  • ID#: 223071391
0
Beds
0
Baths
0
½ Baths
2.44
Acres
1959
Built
Neighborhood:
Si01 - Sanibel Island
County:
Lee
Area:
Si01 - Sanibel Island
Property Description
OVERVIEW: Rare investment opportunity to own a hotel with nightly rentals on Sanibel Island. Perfectly positioned investment location along the islands bike path and walking distance to beaches, shopping, dining establishments FEATURES: 13 Rooms, each with private bathroom and kitchen. Efficiencies, studios, and three spacious A-frame cottages. 2.44-acres boasts spacious grounds, including a large pool, picnic areas, bike storage, ample parking, tranquil pond, office area, laundry facility and storage. VERSATILITY: Whether you envision a boutique hotel recreated within the existing footprint or redesigning for residential development, it offers the flexibility to explore both options. SANIBEL RARITY One of the few properties on Sanibel Island permitted for nightly rentals. VISIBILTY: located along the island's main road while benefiting from its set-back position, allows amble privacy. HIGHLIGHTS: Ideal visibility and located just under a mile from the beautiful white sandy beaches, this is an exceptional opportunity to create a unique hospitality experience. Dont miss this chance to own a piece of Sanibel and transform this iconic 1959 motel into a sought-after boutique hotel.
Exterior Features

Covered Spaces 0 Waterfront Features None Waterfront YN No

Property Features

Association Fee 0 Association Fee2 0 Association Fee3 0 Business Name Anchor Inn Business Type Hospitality Development Name Gulf Access YN 0 Land Lease Amount 0 Lease Considered YN No Potential Short Sale YN Property Condition Known Damage Property Sub Type Hotel/Motel Restrictions Tax Annual Amount 36658.49 Tax Year 2022

Listing courtesy of Pfeifer Realty Group LLC.


© 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Paradise Coast R.E. Group | MVP Realty. Data last updated 2024-06-23T20:24:31.577.
 
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Paradise Coast R.E. Group | MVP Realty
1495 Pine Ridge Road #1
Naples FL, 34109