610 Donax ST 311 SANIBEL FL 33957
Description
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.
Rooms&Units Description
- UnitNumber: 311
- NumberOfUnitsTotal: 1
View on map / Neighborhood
Location Details
- CountyOrParish: Lee
- PostalCode: 33957
- ZoningDescription: MF
Property Details
- ParcelNumber: 30-46-23-T2-01600.00CE
- SubdivisionName: SANIBEL SURFSIDE CONDO
- PropertySubTypeAdditional: Triplex
- ArchitecturalStyle: Other
- BuildingAreaTotal: 2500
- PropertyCondition: Resale
- StructureType: Triplex
- ConstructionMaterials: VinylSiding,WoodFrame
- HumanModifiedYN: 1
Property Features
- LotFeatures: OversizedLot
- CommunityFeatures: CondoHotelCommunity,NearHotelMotel,NonGated
- ExteriorFeatures: None
- AssociationAmenities: BeachRights,BeachAccess
- Roof: Metal
- RoadSurfaceType: Paved
- Flooring: Wood
- CoolingYN: 1
- Cooling: CentralAir,Electric
- HeatingYN: 1
- Heating: Central,Electric
- WaterfrontFeatures: None
- WindowFeatures: Other
- PetsAllowed: Yes
- Sewer: PublicSewer
Fees&Taxes
- TaxYear: 2022
- TaxAnnualAmount: $ 9,386.20
Miscellaneous
- ListAOR: FloridaGulfCoast
- GrossScheduledIncome: 274613.84
- ListingTerms: AllFinancingConsidered,Cash
- PublicSurveyTownship: 46
- Possession: SeeRemarks
Courtesy of
- List Office: RE/MAX Trend
- Company ID: CLC
- Agent ID: 3285125
This Triplex is located in . This Southwest Florida property is listed at $ 1,999,999.00. It has 5 beds bedrooms, 3 baths bathrooms, and is . The property was built in 1980. This ResidentialIncome property and has been posted via the multiple listing service onto The Mausser Team - Waterfront Real Estate website.