Address
1245 Periwinkle Way, Sanibel, FL
Price
$ 3,500,000
Property Attributes
- MLS#223071391
- TypeCommercial
- CountyLEE
- CitySanibel
- AreaSI01 - Sanibel Island
- Zip33957
- StyleHotel/Motel
- 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
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.
| Price History | |
|---|---|
| 9/29/2023 | Listed $3,500,000 |
General Features
| Condo Fee | 0.00 |
|---|---|
| Year Built | 1959 |
| Property SubType | Hotel/Motel |
| Tax Year | 2022 |
| Business Type | Hospitality |
| Waterfront Features | None |
| Business Name | Anchor Inn |
| County | Lee |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | West On Periwinkle Way,Anchor Inn is on the left. |
| City | SANIBEL |
| Buyer Agent Compensation | 2% |
| MLS Area | SI01 - Sanibel Island |
| Street Name | Periwinkle |
| Tax Annual Amount | 36658.49 |
| Property Condition | Known Damage |
| Days on Market | 45 |
| Standard Status | Active |
| PostalCity | SANIBEL |
| Legal Description | BEG SW COR OF SE 1/4 RUN E 200 FT TO POB AS DESC IN OR 2000 PG 4007 |
Interior Features
| Total Stories | 1 |
|---|---|
| Street Suffix | Way |
Exterior Features
| Lot Size Area | 2.44 |
|---|---|
| Canal Width | None |
| Lot Size Acres | 2.44 |
| Lot Size Units | Acres |
| Lot Size Source | Appraiser |
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
Taxes
Visits
Year Built
Walkscore
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on May 1, 2024 4:37 PM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. 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 is deemed reliable but not guaranteed.
