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$3,500,000
450 Days On Site

1245 Periwinkle Way
Sanibel, FL 33957

For Sale|Hotel/Motel|Pending
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1959
Built
County:
Lee

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239-898-0484
1245 Periwinkle Way1245 Periwinkle Way1245 Periwinkle Way1245 Periwinkle Way
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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: 12 nightly units and 1 managers cottage or possible monthly rental, 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.

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Listing Snapshot
Price 
$3,500,000
Days On Site 
450 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.44 Acres
Year Built 
1959
MLS® Number 
223071391
Status 
Pending
Property Tax 
$36,658.49
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Pending
2 months agoListing updated with changes from the MLS®
a year agoListing first seen on site
General Features
Acres 
2.44
Number Of Stories 
1
Property Sub Type 
Hotel/Motel
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Community Features
MLS Area 
SI01 - Sanibel Island
Listing courtesy of Pfeifer Realty Group LLC


The data relating to real estate for sale on this website comes in part from the Florida Gulf Coast MLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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