Log In/Sign Up
Your email has been sent.
The Palmview 706 Donax St 8 Room Hotel Sanibel, FL 33957 $7,525,470 CAD ($940,684 CAD/Room)
Investment Highlights
- The combined inns include 10 units with 2 lockouts and flexible configurations to accommodate larger groups or families.
- The Palmview Inn offers connecting doors between select units, creating the option for multi-bedroom arrangements.
- Located in Sanibel, the property benefits from strong tourist demand and proximity to renowned Gulf Coast beaches.
- On-site amenities include dedicated laundry facilities, storage areas, and an outdoor shower for guest convenience.
- The Sandpiper Inn includes a pet relief area, adding appeal to animal-friendly travelers.
- Offered as a turnkey hotel opportunity, the asset includes an option for professional management to remain in place.
Executive Summary
Palmview and Sandpiper Inns present a distinctive investment opportunity in the heart of Sanibel, Florida, with two neighboring inn properties comprising a total of 10 units plus 2 lockouts across four well-maintained buildings. Constructed in 1960 and fully operational as a turnkey hospitality business, these inns offer an established revenue stream with the option to retain experienced management for seamless operation. Combined, the properties feature a variety of room configurations ranging from one-bedroom suites to a three-bedroom, two-bath unit, catering to a range of guest needs. Amenities such as multiple laundry rooms, storage spaces, an outdoor shower, and pet relief areas enhance guest convenience. The lush tropical setting and proximity to Sanibel’s beaches and attractions create strong potential for occupancy growth and repeat clientele. With 6,618 square feet of combined building space and a proven track record as a boutique lodging destination, this asset is positioned for value-add strategies or continued steady income through vacation rentals.
Property Facts
| Price | $7,525,470 CAD | Building Size | 6,748 SF |
| Price Per Room | $940,684 CAD | No. Rooms | 8 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1965/2022 |
| Property Subtype | Hotel | Parking Ratio | 1.63/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.75 AC | ||
| Zoning | Commercial | ||
| Price | $7,525,470 CAD |
| Price Per Room | $940,684 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.75 AC |
| Building Size | 6,748 SF |
| No. Rooms | 8 |
| No. Stories | 1 |
| Year Built/Renovated | 1965/2022 |
| Parking Ratio | 1.63/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 8 | $234.28 CAD | - |
Somewhat walkable
30/100
Exceptionally drivable
90/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 30-46-23-T2-00304.0140 | Improvements Assessment | $557,016 CAD |
| Land Assessment | $1,042,215 CAD | Total Assessment | $1,599,230 CAD |
Property Taxes
Parcel Number
30-46-23-T2-00304.0140
Land Assessment
$1,042,215 CAD
Improvements Assessment
$557,016 CAD
Total Assessment
$1,599,230 CAD
1 of 30
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Palcat LLC
The Palmview | 706 Donax St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.