• $1,475,000List Price
  • ActiveStatus
  • 35Number of Photos
  • 26.435682Latitude
  • 610 Donax StreetAddress
  • Donax StreetStreet
  • 311Unit Number
  • SanibelTown
  • FLState
  • 33957Zip
  • LeeCounty
  • 226022420MLS Number
  • 5Bedrooms
  • 3Full Bath
  • 1980Year Built

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Welcome to island living at its finest - a rare multi-family opportunity on the beloved shores of Sanibel Island. This turnkey income-producing property offers five bedrooms and three bathrooms, making it the perfect investment for those looking to capitalize on one of Florida's most sought-after coastal destinations. Just steps from the beach, this gem delivers the kind of lifestyle most people only dream about. Imagine waking up to salt-kissed breezes, strolling to the shoreline before breakfast, and ending your evenings at one of the many nearby restaurants within walking distance. It's not just a property - it's a front-row seat to paradise. Sanibel is internationally recognized as the "Seashell Capital of the World" known for it world-class shelling beaches, scenic bike paths and pristine nature preserves. Residents and visitors enjoy a coastal lifestyle surrounded by protected wildlife habitats, breathtaking gulf beaches, and the island's relaxed natural charm. The beauty of this investment extends well beyond the sand and surf. With future bookings already in place and ready to assume, your revenue stream begins practically the moment the keys change hands. That's not just convenient - that's downright delightful for any savvy investor. This property has a land lease with 50+ years left. Nature enthusiasts will appreciate the proximity to the Bailey Homestead Preserve, a stunning conservation area perfect for tranquil walks and wildlife spotting. Daily essentials are equally accessible, with Jerry's Foods just a short distance away for all your grocery needs. Sanibel Island continues to be one of the most desirable destinations on Florida's Gulf Coast, attracting visitors and residents alike with its unspoiled beaches, charming atmosphere, and laid-back energy. Multi-family properties in this location rarely come to market, so opportunities like this don't linger. Don't let this island treasure slip through your fingers - schedule your private showing today.

Location

Based on information submitted to Gulf Coast as of June 9, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or Gulf Coast.  All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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