FOR SALE
$3,500,000

1245 Periwinkle WAY
Sanibel, FL 33957

Other
Commercial
2.44
Acre Lot
Courtesy: Pfeifer Realty Group LLC
Agent Websites> Florida> Sanibel> 33957
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.
223071391
Other, 1 Story
Lee
1959
2.44 Acres
1
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Transit Score

Bike Score

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Courtesy: Pfeifer Realty Group LLC
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