1 / 25location_onSANIBEL, FL 33957 · Lee County
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! Agent possesses interest in this property.
Waterfront
$1,060,000 down
Loan amount $4,240,000
Estimated monthly principal & interest
$26,800
Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.
Premier Sotheby's Int'l Realty
239-472-2735