711 Donax St, Sanibel, FL 33957

0 beds 0 baths 0 Sq. Ft. Built in 0
No Subdivision

$2,595,000

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Welcome to the Driftwood Inn, a boutique gem located in Sanibel Island's Resort Housing district, offering nightly rentals. This is a rare opportunity to acquire one of a few properties with nightly rentals on Sanibel Island. This well-established property is in one of Florida's most coveted beach destinations. Featuring four charming two-bedroom / two-bathroom cottages with full kitchens and screened lanais just seven houses from the beach access. Meticulously maintained, efficiently managed, and conveniently located near restaurants and shops, the Inn provides a perfect balance of island tranquility and accessibility. The Driftwood’s Island charm, peaceful grounds, and ideal location make it a top choice for island vacationers. Recent renovations exceeding $600,000 make it a turnkey investment opportunity with reservations already secured. Projections for 2024 forecast a robust gross rental income of $315,000, supported by strong occupancy and loyal repeat guests. The Driftwood Inn offers the perfect combination of rental income and real estate value appreciation, making it a sound investment opportunity in the hospitality market.


Listing Courtesy Of: Pfeifer Realty Group LLC   Phone: 239-472-0004   Email: Eric@PfeiferRealtyGroup.com
Listing Agent: Dawn Marie Ramsey

Property Details

Details

Listing ID: 2240257
Taxes: $15,762

Community

Property

Type: Commercial
Lot Dimensions: 138X153
Virtual Tour: Click here

Building

Interior