1 year on rocket

610 Donax St Unit 311, Sanibel, FL, 33957

$2,199,999

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
Multi

Location

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610 Donax St Unit 311, Sanibel$2,199,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1980
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontNone
MLS #223021154
StatusActive

About 610 Donax St Unit 311

Fully rebuilt and open for business since March 2024 with over $150K in bookings in only 5 months!. Buyer is buying a business with a guarantee 50+ years land lease with thriving earnings already in place. All bookings for future dates will be passed on to the buyer. This gem is a once in a lifetime opportunity for a buyer looking for an impressive income stream. This quaint three unit Inn is located in the Resort Zone and has always been rented as a daily rental. Just steps away from the Donax St beach, it has consistently been a priority destination for visiting tourists that love Sanibel for its shells, beaches and small town vibe. New Central Air Conditioner, new furniture and enhancements in upper unit. The other 2 units have been rebuilt in totality, ground up. Also new roof, new siding, new landscaping, we have focused on each part of the process with forethought and care to make this again a destination for guests throughout the Country and Internationally. This Inn has been rented on the major online accounts since 2017 and has built up a reputation for consistent bookings. 2024 calendar is already booking out, so a buyer will close with income already in place. In addition, many previous guests book direct and come back year after year. This special property is a 100 year land lease with over 50 years remaining and a smart and stable investment without the volatility of other investment options. With all the working policies and procedures already in place, a new owner can virtually take over an established business, streamlined with proven efficiencies and income.

Property Details

Property Features

Property Information:

  • Architectural Style: See Remarks
  • Year Built: 1980

Listing Office:

  • Office Name: RE/MAX Trend
  • Office Phone: (239) 541-1661
  • Listing Agent: April Nixon

Interior Features

Interior Information:

  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • Exterior: None

Lot Features

Lot Information:

  • Lot: Oversized Lot

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,199,999
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Housing Market Comparison

See how this home compares to others in Sanibel, FL.

Med. Sold Price

$988.7K

Med. Price/SqFt

$564

Avg. Days On Market

219

# of Sold Homes

6

610 Donax St Unit 311 vs Sanibel

615 DAYS ON ROCKET

+396 Days

$2,199,999

+$1.2M More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price in Sanibel, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #223021154

Listing Office:

  • Office Name: RE/MAX Trend
  • Office Phone: (239) 541-1661
  • Listing Agent: April Nixon

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 2:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-494246
10
/10
  • Fort Myers Beach Elementary School

  • 2751 Oak St

  • 6.66 miles

  • Public District Grades KG-5

school-card-donut-494247
5
/10
  • Harlem Heights Community Charter School

  • 15570 Hagie Dr

  • 9.15 miles

  • Public Charter Grades KG-5

school-card-donut-494248
7
/10
  • Heights Elementary School

  • 15200 Alexandria Ct

  • 9.46 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $207,404. Most Sanibel, FL residents have annual incomes $200k+. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesFloridaLee CountySanibel33957610 Donax St Unit 311

This home is located at 610 Donax St Unit 311 in Sanibel, FL and zip code 33957. This home was built in 1980. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 17, 2023 and is currently priced at $2,199,999.

Sanibel, FL housing market in October 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 6 sold below. The number of homes for sale in Sanibel, FL increased by 13.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $988,750, while the average time on the real estate market was 219 days.

From Rocket Homes Real Estate and based on county public records data.

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