2480 Library Way

Sanibel, FL 33957

$1,750,000
Price
3
Beds
1,972 Sq. Ft.
$887 / Sq. Ft.
1,972
Sq. Ft.
$887
per Sq. Ft.
New
New

Description

Discover one of Sanibel’s most unique mixed-use opportunities, a rare property that seamlessly combines residential living with a fully functional commercial space. Zoned TCL, this versatile setting is perfect for entrepreneurs, artists, or even someone envisioning a small private gym or wellness studio with curated membership, as well as anyone seeking a flexible live-work lifestyle in the heart of the island. The craftsmanship is superb, with beautiful millwork, all impact windows and doors, Hardie...Discover one of Sanibel’s most unique mixed-use opportunities, a rare property that seamlessly combines residential living with a fully functional commercial space. Zoned TCL, this versatile setting is perfect for entrepreneurs, artists, or even someone envisioning a small private gym or wellness studio with curated membership, as well as anyone seeking a flexible live-work lifestyle in the heart of the island. The craftsmanship is superb, with beautiful millwork, all impact windows and doors, Hardie board siding, and Brazilian hardwood and composite decking for lasting durability and timeless appeal. The inside features four levels of separate but inviting living space with excellent flow, enhanced by vaulted ceilings, rich wood flooring, and abundant natural light throughout. The chef-inspired kitchen offers Sub-Zero and Wolf appliances with beautifully designed, highly functional cabinetry. On the fourth floor, you’ll find a VIP suite that is genuinely to die for, while the rooftop sun deck provides breezes and glimpses of the bay. Outdoor living continues with a 40-foot heated saltwater pool and a high-efficiency propane spa for year-round enjoyment. The approx. 500 sq. ft. commercial space includes hardwood floors, large windows, a half bath, and a handicap-accessible ramp, ideal for a boutique, studio, private gym, office, or any customer-facing business. And beyond the commercial opportunity, the residential component also offers strong income potential, allowing for multiple income streams across both sides of the property. All of this is set within a highly walkable location, steps from restaurants, shops, banks, the post office, beaches, bike paths, kayacking and everyday conveniences. A truly exceptional offering that blends lifestyle, quality, flexibility, and investment value in one of Sanibel’s most desirable pockets.

Property Details for 2480 Library Way

Development
PALM RIDGE
Building Design
Single Family
Community Type
No Subdivision, Non-Gated
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
Partial Bay, Landscaped Area, Preserve
Garage Spaces
2.00
LISTING UPDATED: 12/04/2025 03:49 PM

Property Details for 2480 Library Way

StatusActive
MLS #2025019853
Days on Market1
Taxes$7,837 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1989
Lot Size0.24 AC / 10,454 SF
CountyLee County

Location

Listing Courtesy of Royal Shell Real Estate, Inc., Michael McMurray
Add your commute

Building Information for 2480 Library Way

Stories4Year Built1989Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

$9,300 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,647

Property Taxes

$653

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2480 Library Way

Summary
Location and General Information
  • City: Sanibel
  • Human Modified: Yes
  • Latitude: 26.44
  • Longitude: -82.08
  • MLS Area Major: SI01 - Sanibel Island
  • Pets: No Approval Needed
  • Postal Code: 33957
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Street Name: Library
  • Street Number: 2480
  • Street Suffix: WAY
  • Block: C
  • Full Address: 2480 Library WAY
  • View: Yes
Parking
  • Attached Garage: Yes
  • Carport Spaces: .00
  • Carport: No
  • Covered Spaces: 2.00
  • Garage: Yes
  • Parking Features: Attached, Covered, Underground, Garage, Guest, Handicap, Two Spaces, Garage Door Opener
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Association Fee Total: $.00
  • Association Fee Total Frequency: Annually
  • Association Fee 2: $.00
  • Maintenance: None
  • Mandatory HOA: No
  • Tax Annual Amount: $7,837.12
  • Tax Year: 2024
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Source of Measure Total Area: Appraiser
  • Development Name: PALM RIDGE
  • Parcel Number: 26-46-22-T2-0030C.0050
  • Property Type: Residential
  • Section: 26
  • Lot Unit: 5
  • Source of Measure Living Area: Appraiser
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Rectangular Lot, Sprinklers Automatic
  • Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Dimensions: 84 x 124 x 81 x 124
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: PALM RIDGE RE-SUB BLK C PB 28 PG 55 LOT 5
Property and Assessments
  • Total Area: 3181.0
  • Rear Exposure: E
  • Approx Living Area: 1972.0
  • Possession: Close Of Escrow, Negotiable
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Township: 46
  • Senior Community: false
  • Range: 22E
  • Special Assessment: 0.00
  • Sub Condo Name: PALM RIDGE
  • Year Built Numeric: 1989
  • Property Sub Type Additional: Single Family Residence
  • Zoning Code: TCL
Lease Information
  • Land Lease Fee: $.00
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Central, Private
  • Utilities: Cable Not Available, Natural Gas Available, High Speed Internet Available
  • Water Source: Public
  • Water: Central, Filter
Multi Family
Multi-Family Information
  • Annual Food And Beverage Minimum: 0.00
  • Units in Complex: 1
  • Stories: 2.0
  • Total Floors: 4
  • Total One Time Fees: $.00
  • Units in Building: 1
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Wheelchair Access
  • Architectural Style: Florida, Multi Level, Other, Two Story, See Remarks, Traditional
  • Association Amenities: See Remarks, Trails
  • Canal Width: None
  • Community Features: Non Gated
  • Construction: Wood Frame
  • Exterior Features: Courtyard, Deck, Fence, Security High Impact Doors, Sprinkler Irrigation, Outdoor Shower, Other, Patio, Storage, Awnings
  • Exterior Features: Courtyard, Deck, Fence, Outdoor Shower, Patio, Storage, Sprinklers Auto
  • Foundation Details: Pillar Post Pier, Raised
  • Irrigation Source: Municipal, None
  • Patio And Porch Features: Balcony, Deck, Open, Patio, Porch
  • Pool Features: Concrete, Gas Heat, Heated, In Ground, Lap, Pool Equipment, See Remarks, Pool Spa Combo
  • Private Pool: Yes
  • Roof: Metal
  • Security Features: Burglar Alarm Monitored, Security System, Smoke Detectors
  • Gulf Access: No
  • Spa: Yes
Interior Features
  • Appliances: Dryer, Dishwasher, Freezer, Gas Cooktop, Disposal, Microwave, Range, Refrigerator, Water Purifier, Washer
  • Baths Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3.0
  • Beds Total: 3
  • Bedrooms: 3 Bed
  • Cooling: Central Air, Ceiling Fans, Electric, Gas, Zoned
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Wood
  • Furnished Desc: Negotiable
  • Heating: Central, Electric, Gas, Propane, Zoned
  • Heating: Yes
  • Interior Features: Breakfast Bar, Bathtub, Dual Sinks, Eat In Kitchen, Handicap Access, High Ceilings, Kitchen Island, Other, Pantry, Sitting Area In Primary, See Remarks, Separate Shower, Upper Level Primary, Vaulted Ceilings, Bar, Window Treatments, Split Bedrooms, Workshop
  • Interior Features: Disability Equipped, Volume Ceiling, Other, Pantry, Vaulted Ceiling, Bar, Wheelchair Access, Smoke Detectors, Window Coverings
  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Levels: Two
  • Spa Features: Above Ground, Gas Heat, Gunite, In Ground
  • Window Features: Jalousie, Sliding, Impact Glass, Window Coverings
  • Guest House Desc: See Remarks
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 2480 Library Way

DateEvent & SourcePriceAppreciation
Dec 4, 2025

Listed (Active)

FORTMLS #2025019853

$1,750,000—
Jun 25, 2021

Sold (Public Record)

Public Record #1465203167

$725,000

+41.3% / yr

Jun 25, 2021

Sold

FORTMLS #221017651

$725,000—
Jun 24, 2021

Pending

FORTMLS #221017651

—
Mar 15, 2021

Listed (Active)

FORTMLS #221017651

$829,000—
Dec 8, 2020

Sold

FORTMLS #220020277

$600,000—
Dec 7, 2020

Sold (Public Record)

Public Record #685160400

$600,000

+1.2% / yr

Nov 22, 2020

Pending

FORTMLS #220020277

—
Mar 18, 2020

Listed (Active)

FORTMLS #220020277

$649,000—
Jun 10, 2019

Withdrawn

FORTMLS #218081969

$779,000—
Dec 17, 2018

Listed (Active)

FORTMLS #218081969

$837,000—
Nov 1, 2018

Withdrawn

FORTMLS #218045020

$837,000—
Jul 2, 2018

Listed (Active)

FORTMLS #218045020

$875,000—
Jul 1, 2018

Expired

FORTMLS #218001203

$875,000—
Jan 4, 2018

Listed (Active)

FORTMLS #218001203

$995,000—
May 1, 2008

Sold (Public Record)

Public Record #236913617

$515,000—
DateEvent & SourcePrice
12/04/2025

Listed (Active)

FORTMLS #2025019853

$1,750,000
06/25/2021

Sold (Public Record)

Public Record #1465203167

$725,000

+41.3% / yr

06/25/2021

Sold

FORTMLS #221017651

$725,000
06/24/2021

Pending

FORTMLS #221017651

—
03/15/2021

Listed (Active)

FORTMLS #221017651

$829,000
12/08/2020

Sold

FORTMLS #220020277

$600,000
12/07/2020

Sold (Public Record)

Public Record #685160400

$600,000

+1.2% / yr

11/22/2020

Pending

FORTMLS #220020277

—
03/18/2020

Listed (Active)

FORTMLS #220020277

$649,000
06/10/2019

Withdrawn

FORTMLS #218081969

$779,000
12/17/2018

Listed (Active)

FORTMLS #218081969

$837,000
11/01/2018

Withdrawn

FORTMLS #218045020

$837,000
07/02/2018

Listed (Active)

FORTMLS #218045020

$875,000
07/01/2018

Expired

FORTMLS #218001203

$875,000
01/04/2018

Listed (Active)

FORTMLS #218001203

$995,000
05/01/2008

Sold (Public Record)

Public Record #236913617

$515,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2480 Library Way

Taxable ValueLand$217,947Additions$375,274Total$593,221
Tax Record2024$7,837 ($653 / month)
Home Facts
Beds3Total Finished SqFt986 SqFtAbove Grade Finished SqFt986 SqFtStories3Lot Size10,266 SqFtStyleSingle Family ResidenceYear Built1989Year Renovated2009ZoningTCL TCLCountyLEEAPN26-46-22-T2-0030C.0050

Schools near 2480 Library Way

This home is within School District of Lee County.
Rating
School
Type
Grades
Distance
The Sanibel School
Public - PK to 8
Cypress Lake Middle School
Public - 6 to 8
South Fort Myers High School
Public - 9 to 12
Fort Myers High School
Public - 9 to 12
Rating
School
Distance
The Sanibel School
PublicPK to 8

Cypress Lake Middle School
Public6 to 8

South Fort Myers High School
Public9 to 12

Fort Myers High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2480 Library Way, Sanibel, FL 33957

2480 Library Way is a single family home for sale in Sanibel, FL 33957. This property was listed for sale on December 4, 2025 by Royal Shell Real Estate, Inc., it's currently listed at $1,750,000. It has been on the market for a total of 0 days and was last sold on June 25, 2021. This listing's school district is School District of Lee County. Nearby schools include The Sanibel School, Cypress Lake Middle School and South Fort Myers High School. 2480 Library Way is a 3-bed, 3-bath, 1,972 sqft single family home built in 1989.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Royal Shell Real Estate, Inc., Michael McMurray

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.