Sanibel, FL 33957 610 Donax Street # 311

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Presented By: RE/MAX Trend
  • MLS# 224044571
  • 05/30/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.

Home Details

Fully rebuilt after Hurricane Ian devastated Sanibel, this gem is a once in a lifetime opportunity for a buyer looking for an impressive income stream. This quaint three unit Inn is located in the Resort Zone and has always been rented as a daily rental. Just steps away from the Donax St beach, it has consistently been a priority destination for visiting tourists that love Sanibel for its shells, beaches and small town vibe. While the second floor was not touched by Hurricane Ian, we have still upgraded it as part of our rebuild, new Central Air Conditioner, new furniture and enhancements were important in include. The other 2 units have been rebuilt in totality, ground up. Also new roof, new siding, new landscaping, we have focused on each part of the process with forethought and care to make this again a destination for guests throughout the Country and Internationally. This Inn has been rented on the major online accounts since 2017 and has built up a reputation for consistent bookings. 2024 calendar is already booking out, so a buyer will close with income already in place. In addition, many previous guests book direct and come back year after year. This special property is a 100 year land lease with over 50 years remaining and a smart and stable investment without the volatility of other investment options. With all the working policies and procedures already in place, a new owner can virtually take over an established business, streamlined with proven efficiencies and income.
Presented By: RE/MAX Trend

Interior Features for 610 Donax Street # 311

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

General for 610 Donax Street # 311

Additional Parcels Y/NNo
Architectural StyleLowRise
Attached Garage No
Carport Y/NNo
CitySANIBEL
Condo Fee0.0
CountyLee
Days on Market
Garage Y/NNo
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Amount0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionSANIBEL SURFSIDE CONDO COMMON ELEMENTS 1175/1091 TENNIS CTS-POOL-TRIPLEX
Lot Size UnitsAcres
MLS AreaSI01 - Sanibel Island
MobileHomeRemainsYNNo
New ConstructionNo
PostalCitySANIBEL
Property Attached Y/NNo
Property ConditionResale
Property SubTypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Tax Annual Amount9386.2
Tax Year2022
Unit Number311
View Y/NNo
Waterfront FeaturesNone
Waterfront Y/NNo
Year Built1980
Zoning DescriptionMF

Exterior for 610 Donax Street # 311

Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
HorsesN
Irrigation Water Rights Y/NNo
Irrigation/Water RightsN
Lot Size Acres0.0
Lot Size Area0.0
Lot Size SourceSurvey
Open Parking Y/NNo
SpaNo

Additional Details

Price History

Worth Clark

Price $1,999,999
MLS#224044571
List Date 05/30/2024
Property Type Commercial
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