610 Donax Street 311 Sanibel, FL $ 1,575,000
610 Donax Street 311
$ 1,575,000
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610 Donax Street 311

Sanibel, FL, 33957
$ 1,575,000
Bedrooms5 Baths3.0 Sq 2,500

Monthly Estimate*

$ 9,698

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Multi-Family Home for sale in Sanibel, FL

for $1,575,000 with 5 bedrooms and 3 full baths. This 2,500 square foot home was built in 1980.

Sanibel; named by Travel & Leisure as one of the top 50 “Best Places” internationally to visit, with its restaurants, shops and of course, Sanibel’s incredible beaches, rebuilt and open for business. Located in the resort zone and historically operated as a vacation daily rental, this quaint 3 unit Inn is part of that comeback, booking reservations since reopening in March 2024. This gem is a once in a lifetime opportunity for a buyer looking for an impressive income stream. 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. New Central Air Conditioner, new furniture and enhancements in upper unit. 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. 2026 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.

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Multi-Family Active

Price

$ 1,575,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,386

Style

See Remarks

Year Built

1980

Town/City

Sanibel

County/Region

Lee

MLS | Web ID

2025006253

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available
Possession See Remarks
Roof Metal
HOA Fee 0
Architectural Style See Remarks
Construction Materials Vinyl Siding Wood Frame
Pets Allowed Yes
Year Built 1980
Tenant Pays See Remarks
Unit Number 311
Property Subtype Triplex
Tax Year 2022
Waterfront Features None
Community Features Condo Hotel Community Near Hotel/Motel Non-Gated
HOA Fee 2 0
County Lee
Net Operating Income 213128.17
Operating Expense 61485.67
Property Type Residential Income
Association Amenities Beach Rights Beach Access
Subdivision Name SANIBEL SURFSIDE CONDO
Full Baths 3
Status Active
City Sanibel
Disclosures Owner Has Flood Insurance
Land Lease Amount 0
Zoning Description MF
Number Of Units Total 1
MLS Area SI01 - Sanibel Island
Lot Size Units Acres
Tax Annual Amount 9386.2
Property Condition Resale
Virtual Tour https://vimeo.com/1114583375
Structure Type Triplex
Standard Status Active
Property Sub Type Additional Triplex
Legal Description SANIBEL SURFSIDE CONDO COMMON ELEMENTS 1175/1091 TENNIS CTS-POOL-TRIPLEX
HOA Fee 3 0
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Interior
Flooring Wood
Air Conditioning Y/N true
Heating Y/N true
Window Features Other
Total Bedrooms 5
Total Baths 3
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Exterior
Exterior Amenities None
Lot Features Oversized Lot
Water Source Public
Lot Size Area 0
Spa false
Building Area Total 2500
Lot Size Acres 0
Road Surface Type Paved
Private Pool false
Lot Size Source Survey
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
April Nixon

Listing Agent

Re/Max Trend

Broker

aprilnixon1@yahoo.com

Email

Affordability Calculator

$10,480
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,698
Monthly Property Taxes
$782
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$1,575,000 Listed Price

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610 Donax Street 311, Sanibel, FL, 33957 is a Multi-Family Home for sale at $1,575,000 with 2,500 sqft. 610 Donax Street 311 has 5 bedrooms, 3.0 baths, and was built in 1980. The property's zip code is 33957 which is in Sanibel, FL