Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: No info
- Price Per: No info/No info
- Type: Commercial/Investment
- Built: 1980
- HOA: No info
- MLS Number: 224044571
- View No info
- On Site: 178 days
- Updated: 25 Days Ago
- Page Views: 4
Fully rebuilt and open for business since March 2024 with over $150K in bookings in only 5 months! Buyer is buying a business with a guarantee 50+ years land lease with thriving earnings already in place. All bookings for future dates will be passed on to the buyer. 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.
Contact AdvisorPrice History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
09/13/2024 | Price Increased | $2,199,999.00 | 10.0% | $880.00 ft2/$9,472.24 m2 |
05/30/2024 | Listed | $1,999,999.00 | $800.00 ft2/$8,611.13 m2 |
Features
Property Details for 610 Donax Unit 311, Sanibel, FL 33957
- Bedrooms
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- Master Bathroom Description: No info
- Exterior and Lot Features
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- Interior, Heating and Cooling
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- Building and Construction
- Floor Description: No info
- Windows/Treatment: No info
- Construction Type: No info
- Year Built: 1980
- Waterfront and Water Access
- Waterfront Property: No info
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- School Information
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- Other Property Info
- Community Name: No info
- Subdivision Name: No info
- Property Type: Commercial/Investment
- Property Subtype: Commercial
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 05/30/2024
- Brokered By: RE/MAX Trend
- Legal Description: SANIBEL SURFSIDE CONDO COMMON ELEMENTS 1175/1091 TENNIS CTS-POOL-TRIPLEX
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $9,386.00
- Type of building: No info
- Occupancy Information: No info
- Occupancy Percentage: No info
- Property Type Description: No info
- Parking Description: No info
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- Number of Units: No info
- Number of Floors: 2
- Number of Stories: No info
- Zoning Information: No info
- Total Acreage: 0.00
- Acreage Description: No info