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610 Donax Street, #311
SanibelFL 33957

$1,999,999
for sale
Tools
Brochure
Size
5
Bedrooms
3
Full Baths
Financial
$1,999,999
Change Currency
$9,386
Annual taxes
Listing Details
Triplex
Property type
1980
Year Built
6003983
Web Id
223021154
MLS ID
542
Days Posted

Description

610 Donax Street,

#311, Sanibel, FL 33957

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.

This is an Active listing.

Broker Office Phone Number: 239-541-1661

Copyright © 2024Florida Gulf Coast Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Wood Floors
  • Metal Roof

Price History

datepricevariancetype
10/24/2023$1,999,999 14.89 %decreased
3/17/2023$2,350,000-Listed
Listing By: RE/MAX Trend via Data Source: Florida Gulf Coast Multiple Listing Service, Inc. 
listing agent: April Nixon


Located at 610 Donax Street, Sanibel, Florida 33957, this Triplex is for Sale with a price of $1,999,999 USD. The property was built in 1980, includes 5 bedrooms, has 3 full baths. See all Homes for Sale in Sanibel.
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