$1,799,999

610 Donax St Unit 311 Sanibel, FL 33957

Estimated payment $10,590/month

5 Beds
3 Baths
2,500 Sq Ft
$720 Price per Sq Ft

Highlights

  • Community Beach Access
  • Wood Flooring
  • Central Heating and Cooling System
  • Sanibel Elementary School Rated A-
  • Oversized Lot

About This Home

Sanibel; named by Travel & Leisure as one of the top 50 “Best Places” internationally to visit in 2025, with its restaurants, shops and of course, Sanibel’s incredible beaches, rebuilt and open for business. Located in the resort zone and historically operated as a vacation daily rental, this quaint 3 unit Inn is part of that comeback, booking reservations since reopening in March 2024. This gem is a once in a lifetime opportunity for a buyer looking for an impressive income stream. 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. 2025 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.

Listing Agent

April Nixon

RE/MAX Trend License #258020985 Listed on: 08/18/2025

RE/MAX Trend

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,386

Year Built

  • Built in 1980

Lot Details

  • Oversized Lot

Home Design

  • Triplex
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30-46-23-T2-01600.00CE

Community Details

Overview

  • Sanibel Surfside Condo Subdivision

Recreation

  • Community Beach Access

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $61,486
  • Net Operating Income $213,128

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,386

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Subdivision Name: SANIBEL SURFSIDE CONDO
  • Architectural Style: See Remarks
  • Structure Type: Triplex
  • Year Built: 1980
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Wood
  • Window Features: Other

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Vinyl Siding, Wood Frame
  • Exterior Features: None
  • Property Condition: Resale
  • Roof: Metal

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Near Hotel/Motel, Non-Gated
  • Amenities: Beach Rights, Beach Access
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 30-46-23-T2-01600.00CE
  • Zoning Description: MF

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Number Of Units Total: 1
  • Property Net Operating Income: 213128.17
  • Annual Operating Expense: 61485.67

Tax Info

  • Tax Annual Amount: 9386.2
  • Tax Year: 2022

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- -- -- --
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $1,799,999 -- $720 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 2025006253

Florida Gulf Coast Multiple Listing Service

APN: 30-46-23-T2-01600.00CE