Offering 1.4 acres of land set between the prime frontage of Periwinkle Way and the Sanibel River. This nightly rental motel offers a fantastic income stream set amidst a unique tropical setting. The rental units are updated and nicely furnished and feature open porches where guests can enjoy the tropical surroundings. This property also boasts a large pool and on-site reservations desk. This property was appraised at $3 million in 2003 and again in 2009. Gross income for 2008 was $515,000.00. This type of income stream is rarely seen on Sanibel.<br/><br/>Brokered And Advertised By: Royal Shell Preferred Properties, Inc<br/>Listing Agent: Jeffrey K Burns
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
