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 off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.