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1245 Periwinkle Way

Sanibel, Florida, 33957, United States

Property ID: #993882 // Commercial // Source Status: Pending
1245 Periwinkle Way
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Traditional Sale
List Price:
$3,500,000.00
Icon - ft²
Icon 2.44 acres
Icon - beds
Icon - baths
Address:
1245 Periwinkle Way
City:
Sanibel
State:
Florida
Zip Code:
33957
County:
Lee
Country:
United States
Property Type:
Commercial
Additional Property Types:
Hospitality
Year Built:
1959
Lot Size:
2.44 acres
Data Source:
Florida Gulf Coast MLS
MLS/Reference Number(s):
223071391
Source Status:
Pending
Source Property Type:
Commercial, HotelMotel

Property Provided By

  • Dawn Marie Ramsey
  • Pfeifer Realty Group LLC
  • +1 (239) 233-2976

Connect with local buyer agents who are willing to offer commission savings!

Property Information

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.

Directions

West On Periwinkle Way, Anchor Inn is on the left.

Source Disclaimer

Florida Gulf Coast MLS

Listing Information © 2024 Royal Palm Coast REALTORS® and the Florida Gulf Coast MLS. All Rights Reserved.
Courtesy of Dawn Marie Ramsey, Pfeifer Realty Group LLC.
Information herein is deemed reliable but not guaranteed and 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.
This content last updated on 2024-10-07 20:16:35. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


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