367 Periwinkle WAY SANIBEL, FL 33957

About This Property

Not quite ready to retire but looking to relocate where the sunshine and beach are readily accessible? Check out this Boutique Inn on Sanibel Island with proven profitability, strong cash flow, attractive cap rate. A short stroll to the sandy beaches for shelling and relaxing in the sun. Adorable, colorful and clean guest rooms in 3 different configurations, from cozy efficiencies to spacious cottage style. Private patios, multiple seating and dining areas, grilling area, outdoor shower, shell washing station, hammocks, complementary bikes, beach chairs, carts and umbrellas. Bookings in place through 2022. The Tarpon Tale Inn is licensed and zoned as a daily, weekly and monthly rental. Only one of the few grandfathered-in zoned Inns on Sanibel Island! Exceptionally well-managed with proven transferrable systems in place. Many new and repeat customers. Top reviews on the travel sites online. Don’t miss this opportunity.

infoProperty Details

Property Type: Lodging and Hospitality: Economy/Limited Service,Multi-Family: 5+ Units
Year Built: 1964
Lot Size: 0.34 acres
Days on Market: 116
Cumulative DOM: 204
List Date: May 20, 2021
Sold Date: Dec 10, 2021
Annual Taxes: $18K (2020)

chairInterior Features

Cooling

Wall units

yardExterior & Lot

Waterfront

None

$3,300,000