$2,199,999
( )
 $11,810 est/mo Sourced by Back At You

610 Donax St # 311 , SANIBEL, FL 33957

SANIBEL, FL 33957

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Description

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. While the second floor was not touched by Hurricane Ian, we have still upgraded it as part of our rebuild, new Central Air Conditioner, new furniture and enhancements were important in include. 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

MLS#224044571
Listing TypeFor Sale
StyleTown House
Suite Number311
Sub-TypeResale
StatusActive
Year1980
Days On Site158
Listing Provided ByRE/MAX Trend | April Nixon

Features

Story(s)2
ZoningMF
Water FrontYes

Market Activity 33957

MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the Naples Area Board of REALTORS.

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Learn More About This Property

StateFL
CountyLee
CitySANIBEL
Zip Code33957
Listing VS Median (in 33957)
Price:
$2,199,999
low | high
Med:
$1,148,000
97.818158099163% of Average
On Site:
158
low | high
Med:
60.000000
100% of Average
Sourced by Back At You
Listing Updated: October 30, 2024 at 12:17:46 PM PDT