706 Donax Street $5,300,000

Once in a generation opportunity to own not one, but two, of the few remaining motel/hotel establishments on Sanibel Island! Legally permitted for nightly rentals and generating close to $1,000,000 in annual revenue, the Palmview and Sandpiper Inns are powerhouse performers with strong historical and future rental performance. Receiving a ground up renovation in 2024 with existing management in place (if the new owner so desires), both are well outfitted to offer their new owner a consistent, worry-free, income for years to come!
General Amenities
  • None
    Lot Acres
    0.50
    Year Built
    1960
    Virtual Tour
    706 Donax Street
    Sanibel, Florida 33957
    United States
    County: Lee
    Sale Type: For Sale
    Ref #: 2026014066
    Category: Commercial
    Listed by Premier Sotheby's Int'l Realty on Tuesday, 24 March 2026 [For Sale]
    Lot Acres
    0.50
    Year Built
    1960
    Lot Acres
    0.50
    Year Built
    1960
    Virtual Tour
    706 Donax Street
    Sanibel, Florida 33957
    United States
    County: Lee
    Sale Type: For Sale
    Ref #: 2026014066
    Category: Commercial
    Listed by Premier Sotheby's Int'l Realty on Tuesday, 24 March 2026 [For Sale]