$2,199,999
- Beds
- 5
- Baths
- 3.0
- sq ft
- Unknown
610 Donax St Unit 311, Sanibel, FL 33957
610 Donax St Unit 311
SANIBEL, FL 33957
- 647 days on market
Fully rebuilt and open for business since March 2024 with over $150K in bookings in only 5 months!. Buyer is buying a business with a guarantee 50+ years land lease with thriving earnings already in place. All bookings for future dates will be passed on to the buyer. 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.
New Central Air Conditioner, new furniture and enhancements in upper unit. 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.
Details
Property type
Triplex
Lot size
Unknown
Price per sq ft
Unknown
Year built
1980
Annual property taxes
$9,386.2
Price History
09/13/2024
NABOR #223021154
Price change
$2,199,999
+10%
03/17/2023
NABOR #223021154
Listed
$1,999,999
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Gated
Community features:
Gated
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Tomo last checked: 12/23/2024 at 10:20 PM
Listing updated: 10/30/2024 at 12:10 PM
Listed by: April Nixon, RE/MAX Trend Phone #: (239) 541-1661
MLS: NABOR #223021154
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