Sanibel, FL 33957,367 Periwinkle WAY
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Sanibel, FL 33957,367 Periwinkle WAY
Sanibel, FL 33957,367 Periwinkle WAY
Sanibel, FL 33957,367 Periwinkle WAY
Sanibel, FL 33957,367 Periwinkle WAY

$3,300,000

Est. payment /mo

$3,450,000

4.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

367 Periwinkle WAY Sanibel, FL 33957

0.34 Acres Lot

SOLD DATE : 12/10/2021

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

Sold Date 12/10/21

Construction Status Resale

HOA Y/N No

Year Built 1964

Annual Tax Amount $17,561

Tax Year 2020

Lot Size 0.344 Acres

Acres 0.3444

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

Rooms

Bedroom Description NaN

Interior

Furnishings Furnished

Fireplace No

Exterior

Fence Yard Fenced

Utilities Available Electricity Available, Sewer Available

Waterfront Description None

Present Use Multi-Family

Garage No

Building

Story 1

Construction Status Resale

Others

Senior Community No

Tax ID 21-46-23-T1-00004.0040

Financing Cash

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

Tiffany Burns

+1(239) 464-2984

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