About 706 Donax St
Once in a generation opportunity to own not one, but two, of the few remaining motel/hotel establishments on Sanibel Island! Legally permitted for nightly rentals and generating close to $1,000,000 in annual revenue, the Palmview and Sandpiper Inns are powerhouse performers with strong historical and future rental performance. Receiving a ground up renovation in 2024 with existing management in place (if the new owner so desires), both are well outfitted to offer their new owner a consistent, worry-free, income for years to come! Agent possesses interest in this property.
Features of 706 Donax St
| MLS® # | 2026014066 |
|---|---|
| Price | $5,300,000 |
| Bathrooms | 0.00 |
| Acres | 0.50 |
| Year Built | 1960 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 706 Donax St |
|---|---|
| Area | SI01 - Sanibel Island |
| City | SANIBEL |
| County | Lee |
| State | FL |
| Zip Code | 33957 |
Amenities
| Is Waterfront | No |
|---|---|
| Waterfront | None |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Date Listed | March 24th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Premier Sotheby's Int'l Realty |
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