Sanibel, FL 33957,367 Periwinkle WAY
Sanibel, FL 33957,367 Periwinkle WAY
Sanibel, FL 33957,367 Periwinkle WAY
35
$3,300,000
$3,450,000
4.3%
Est.Price: ?

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0.34 Acres Lot

367 Periwinkle WAY Sanibel, FL 33957

Est. payment /mo
SOLD DATE : 12/10/2021

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Key Details

Sold Price $3,300,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 221037431

Year Built 1964

Annual Tax Amount $17,561

Tax Year 2020

Lot Size 0.344 Acres

Property Sub-Type Hotel/Motel

Property Description

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.

Location

State FL

County Lee

Area Si01 - Sanibel Island

Exterior

Fence Yard Fenced

Utilities Available Electricity Available, Sewer Available

Waterfront Description None

Building

Story 1

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Listed by VIP Realty Group,Inc • Deborah Smith
Bought with VIP Realty Group,Inc

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Meagan Pierce

Meagan Pierce

RENTAL MANAGER, REALTOR® | BB3553799

+1(816) 682-4059

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