367 Periwinkle Way
Sanibel Fl 33957

0.34 Acres

$3,450,000

Sold

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Not quite ready to retire but looking to relocate where the sunshine and beach are readily accessible? Check out this Boutique Inn on Sanibel Island with proven profitability, strong cash flow, attractive cap rate. A short stroll to the sandy beaches for shelling and relaxing in the sun. Adorable, colorful and clean guest rooms in 3 different configurations, from cozy efficiencies to spacious cottage style. Private patios, multiple seating and dining areas, grilling area, outdoor shower, shell washing station, hammocks, complementary bikes, beach chairs, carts and umbrellas. Bookings in place through 2022. The Tarpon Tale Inn is licensed and zoned as a daily, weekly and monthly rental. Only one of the few grandfathered-in zoned Inns on Sanibel Island! Exceptionally well-managed with proven transferrable systems in place. Many new and repeat customers. Top reviews on the travel sites online. Don€™t miss this opportunity.
Listed By: Deb Smith
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367 Periwinkle Way
Sanibel Fl 33957

$3,450,000 Sold

  • Lee County
  • Date updated: 11/21/2024

Features

Lot Size: 0.34 acres
Year Built: 1964
Pool:
  • 0
Roof:
  • Tile
Property Type: Commercial
Taxes: $17,561

FGCMLS #221037431

Listing Courtesy Of: Deborah Smith, VIP Realty Group,Inc

The MLS listing data sources are listed below. The MLS listing information is provided exclusively for consumer's personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.


Properties marked with the FGCMLS are provided courtesy of The Florida Gulf Coast Multiple Listing Service, Inc.

Properties marked with the SANCAP are provided courtesy of Sanibel & Captiva Islands Association of REALTORS®, Inc.