1245 Periwinkle Way Sanibel, FL 33957
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: 12 nightly units and 1 managers cottage or possible monthly rental, 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. Don’t miss this chance to own a piece of Sanibel and transform this iconic 1959 motel into a sought-after boutique hotel.
- Property TypeCommercial
- NeighborhoodN/A
- CountyLee
- Taxes$36,658
- HOA/Condo/Coop Fees$0
- Days on Site50 Days
- MLS StatusPending
- MLS ID Number223071391
- Home Size Source N/A
- Year Built1959
- Lot Size2.44 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Number of Stories 1
- Acreage 2.44
- Property Sub Type Hotel- Motel
Exterior Features
- Waterfront Property No
- Waterfront Features None
Community Features
- Association Dues 0
- MLS Area SI01 - Sanibel Island