Address
1245 Periwinkle Way, Sanibel, FL
Price
$ 3,500,000
Property Attributes
  • MLS#223071391
  • TypeCommercial
  • CountyLEE
  • CitySanibel
  • AreaSI01 - Sanibel Island
  • Zip33957
  • StyleHotelMotel
  • Year Built1959
  • Taxes$ 36658
  • Price$ 3,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.44 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description

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: 13 Rooms, 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.

Price History
9/29/2023 Listed $3,500,000

General Features

HOA 0.0
Year Built 1959
Property SubType HotelMotel
Tax Year 2022
Business Type Hospitality
Waterfront Features None
Business Name Anchor Inn
County Lee
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Status Active
Directions West On Periwinkle Way,Anchor Inn is on the left.
City SANIBEL
Land Lease Amount 0.0
View Y/N No
Senior Community Y/N No
MLS Area SI01 - Sanibel Island
Lot Size Units Acres
Waterfront Y/N No
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 36658.49
Home Warranty Y/N No
Property Condition KnownDamage
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 65
Standard Status Active
MobileHomeRemainsYN No
PostalCity SANIBEL
Legal Description BEG SW COR OF SE 1/4 RUN E 200 FT TO POB AS DESC IN OR 2000 PG 4007
Condo Fee 0.0

Interior Features

Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Lot Size Area 2.44
Horses No
Spa No
Irrigation/Water Rights No
Lot Size Acres 2.44
Lot Size Source Appraiser
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33957

Price
AVG $3.46M
$3.5M
Taxes
AVG $16,947
$36,658
Visits
AVG 127
183
Data Provided by Inside Real Estate®
Year Built
AVG 1965
1959
Walkscore
AVG 36
39
Data Provided by Walkscore® not using MLS data

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