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Ilce Romero - Offboarding Do Not Reactivate

ilce.romero248303+inactive@exprealty.com +1(239) 306-0586

$2,350,000

Est. payment - /mo

5 Beds

5 Baths

3.72 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Sanibel Surfside Condo

MLS Listing ID 223021154

Bedrooms 5

Full Baths 5

Construction Status Resale Property

Year Built 1975

Annual Tax Amount $9,386

Tax Year 2022

Lot Size 3.720 Acres

Property Sub-Type Triplex

Property Description

This quaint 3 unit Inn is just steps away from the Beach and located in the Resort Zone on Beachfront property. This property is a 100 year land lease with 54 years remaining. Graded 3 ½ feet above the ground and an additional 3 feet above sea level, flooding was never a problem until Hurricane Ian's storm surge. The second floor 2 bedroom 1 bath unit was untouched, but the first floor 2 bedroom 1 bath unit and 1 bedroom 1 bath unit have been remediated completely in accordance with EPA standards along with the drying out phase. Permits have been pulled and the rebuilding of the downstairs has begun! This Inn has always enjoyed vacation bookings all year long with very little vacancies. Upon completion, with everything fresh and new, it will once again be top consideration for the vacationing public. You can be a part of the rebuild of Sanibel!
Buyer will be credited for any unfinished rebuild in accordance with Contractors estimate.
With many dates are already booked June 2023 through spring 2024, buyer will already have cash flow in place. Pictures taken prior to hurricane.

Location

State FL

County Lee

Community Sanibel Surfside Condo

Area Si01 - Sanibel Island

Zoning MF

Interior

Heating Central Electric

Cooling Central Electric

Flooring Wood

Exterior

Exterior Feature None

Community Features Condo/Hotel, Non-Gated

Amenities Available Beach Access

Waterfront Description None

Roof Type Metal

Private Pool No

Building

Lot Description Across From Beach Access, Oversize

Building Description Vinyl Siding, See Remarks

Foundation Wood Frame

Sewer Central

Water Central

Structure Type Vinyl Siding

Construction Status Resale Property

Others

Pets Allowed No Approval Needed

Acceptable Financing Buyer Finance/Cash

Listing Terms Buyer Finance/Cash

Pets Allowed No Approval Needed

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Listed by Re/Max Under the Sun

NEARBY SCHOOL & BUSINESS

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Ilce Romero - Offboarding Do Not Reactivate

+1(239) 306-0586

Agent | License ID: SL3535033

Agent License ID: SL3535033

610 Donax ST #311 Sanibel, FL 33957

Ilce Romero - Offboarding Do Not Reactivate

Key Details

Location

Interior

Exterior

Building

Others