610 Donax Street, Unit 311
610 Donax Street, Unit 311
$1,999,999
5
3
2,500
2,500
$800
Description
Fully rebuilt after Hurricane Ian devastated Sanibel, 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...Fully rebuilt after Hurricane Ian devastated Sanibel, 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.
- Listed by April Nixon • RE/MAX Trend
Property Details for 610 Donax Street, Unit 311
Development
SANIBEL SURFSIDE CONDO
Building DesignTriplex
Community TypeCondo/Hotel, Non-Gated
WaterfrontNo
Waterfront DescNone
Waterfront DescNone
ViewNone/Other
Location
LISTING UPDATED: 05/06/2024 06:30 PM
Property Details for 610 Donax Street, Unit 311
Status | Active |
---|---|
MLS # | 223021154 |
Days on Market | 416 |
Taxes | $9,386 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1980 |
Lot Size | 0.00 AC / 0 SF |
County | Lee County |
Location
Building Information for 610 Donax Street, Unit 311
Stories-Residences3Year Built1980Building Size-Lot Size0.00 AC / 0 SF
Payment Calculator
$11,697 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 610 Donax Street, Unit 311
Property History for 610 Donax Street, Unit 311
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 610 Donax Street, Unit 311
Taxable ValueLand-Additions-Total-
Home Facts
Total Finished SqFt1,394 SqFtAbove Grade Finished SqFt1,394 SqFtStories2Lot Size162,036 SqFtStyleTriplexYear Built1975Year Renovated1983CountyLEEAPN30-46-23-T2-01600.00CE
Schools near 610 Donax Street, Unit 311
This home is within Lee.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
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 | ||
Cypress Lake 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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