Overview

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  • Status: Pending
  • Parking No info
  • Size: No info
  • Price Per: No info/No info
  • Type: Commercial/Investment
  • Built: 1959
  • HOA: No info
  • MLS Number: 223071391
  • View No info
  • On Site: 133 days
  • Updated: 46 Days Ago
  • Page Views: 2

Here's a distinctive chance to become the owner of one of the few nightly hotels located on Sanibel Island. The property boasts excellent visibility along Periwinkle Way due to its road frontage. Simultaneously, the spacious grounds, complete with a tranquil pond, and the building's set-back position create a serene and calming atmosphere. Within walking distance, you'll find shopping, dining establishments, and pristine beaches. Additionally, the property features a large pool, a serene pond, sun decks and a picnic area. The property did sustain damage from Hurricane Ian and requires restoration work to breathe new life into it. However, this presents a unique and rare investment potential. Nestled just under a mile from the beautiful white sandy beaches of Sanibel Island, the property offers 12 guest rooms with various configurations, including cozy efficiencies, deluxe studios, and the iconic and spacious A-frame cottages. Furthermore, the property includes a manager's apartment, an office area, and a convenient laundry facility.

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Price History

DateEventPriceChange RatePrice Per
09/29/2023Listed$3,500,000.00$32.93 ft2/$354.46 m2

Features

Property Details for 1245 Periwinkle, Sanibel, FL 33957

Commercial/Investment current status is Pending, 1245 Periwinkle is a Commercial/Investment in , Sanibel, FL 33957 with property MLS ID# 223071391. This Commercial/Investment has been listed on Best of Luxury Realty since December 18, 2023 and is currently priced at 3,500,000. This property was built in 1959.
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$100,000 - $30,000,000

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Luis Venegas
Luis Venegas
Real Estate Advisor
Office: (239) 690-6170
Email: lv@bestofluxuryrealty.com
Specialties:
Luxury Communities, Waterfront Single Family Homes
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This property is courtesy of the Pfeifer Realty Group LLC. This listing has been viewed 2 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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