Sanibel, FL 33957,610 Donax ST #311
Sanibel, FL 33957,610 Donax ST #311
Sanibel, FL 33957,610 Donax ST #311
Sanibel, FL 33957,610 Donax ST #311
Sanibel, FL 33957,610 Donax ST #311
Sanibel, FL 33957,610 Donax ST #311
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$ 2,199,999
Est. payment | /mo

5 Beds

3 Baths


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$ 2,199,999
Est. payment | /mo
Save

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Sanibel Surfside Condo

MLS Listing ID 223021154

Bedrooms 5

Full Baths 3

HOA Y/N Yes

Originating Board Florida Gulf Coast

Year Built 1980

Annual Tax Amount $9,386

Tax Year 2022

Property Description

Fully rebuilt and open for business since March 2024 with over $150K in bookings in only 5 months!. Buyer is buying a business with a guarantee 50+ years land lease with thriving earnings already in place. All bookings for future dates will be passed on to the buyer. 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.
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. 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.

Location

State FL

County Lee

Area Sanibel Surfside Condo

Zoning MF

Interior

Heating Central Electric

Flooring Wood

Fireplace No

Heat Source Central Electric

Exterior

Amenities Available Beach Access

Waterfront Description None

Roof Type Metal

Street Surface Paved

Garage No

Private Pool No

Building

Lot Description Across From Beach Access, Oversize

Water Central

Architectural Style Triplex

Structure Type Wood Frame,Vinyl Siding

New Construction No

Others

Pets Allowed Yes

Senior Community No

Tax ID 30-46-23-T2-01600.00CE

SouthWest Florida Naples MLS (NABOR)
Listed by RE/MAX Trend • April Nixon
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610 Donax ST #311