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$ 5,950,000
Est. payment | /mo
0.94 Acres Lot
$ 5,950,000
Est. payment | /mo
0.94 Acres Lot
Key Details
Property Type Commercial
Sub Type Lodging & Hospitality
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2231064
Annual Tax Amount $28,748
Tax Year 2024
Lot Size 0.940 Acres
Property Sub-Type Lodging & Hospitality
Property Description
ADDITIONAL PROPERTIES TO BE SOLD AS A PACKAGE INCLUDE:
4788 TRADEWINDS DRIVE - 19-46-22-T2-00400.0540 Lot for RESIDENTIAL HOME
1344 JAMAICA DRIVE - 19-46-22-T2-00400.0570 Lot can build DUPLEX
1350 JAMAICA DRIVE - 19-46-22-T2-00400.0580 Lot can build DUPLEX
Opportunities like this don't come along often. Own a prime piece of Sanibel — or four.
Now cleared and ready for reconstruction, the Tropical Winds portfolio offers a once-in-a-generation opportunity to reimagine four income-producing parcels in one of Sanibel Island's most exclusive and tightly regulated sectors—nightly rentals.
What sets this property apart is that three of the four parcels include Sanibel's rarest and most coveted zoning designation: the ability to operate as nightly vacation rentals. On an island where most properties are restricted to 30-day or longer rental terms, the ability to offer short-term lodging gives these parcels unmatched revenue potential and positions them in a limited competition segment of the market.
The portfolio includes:
A six-unit gulf-front hotel with direct beach access and sweeping northwestern views of the Gulf of Mexico
Two duplex buildings with nightly rental eligibility
A single-family residential piling home with a pool, ideal for monthly vacation use or redevelopment
The sites were impacted by Hurricane Ian and are now cleared, allowing a clean slate for modern, storm-resilient elevated construction. Sanibel's post-Ian Build-Back provisions support the redevelopment of the hotel and duplexes, enabling structures to be rebuilt within the footprint and volume of the original buildings—while elevating them for improved views, added storage, parking underneath, and enhanced long-term resilience.
The west-facing hotel site borders land protected from future development, ensuring unobstructed sunsets and privacy—a true premium on the coast. This is a rare chance to rebuild with higher-end accommodations while retaining the valuable nightly rental zoning that elevates Tropical Winds well above typical Sanibel investment opportunities; it's your chance to own a uniquely zoned piece of Sanibel's future.
4788 TRADEWINDS DRIVE - 19-46-22-T2-00400.0540 Lot for RESIDENTIAL HOME
1344 JAMAICA DRIVE - 19-46-22-T2-00400.0570 Lot can build DUPLEX
1350 JAMAICA DRIVE - 19-46-22-T2-00400.0580 Lot can build DUPLEX
Opportunities like this don't come along often. Own a prime piece of Sanibel — or four.
Now cleared and ready for reconstruction, the Tropical Winds portfolio offers a once-in-a-generation opportunity to reimagine four income-producing parcels in one of Sanibel Island's most exclusive and tightly regulated sectors—nightly rentals.
What sets this property apart is that three of the four parcels include Sanibel's rarest and most coveted zoning designation: the ability to operate as nightly vacation rentals. On an island where most properties are restricted to 30-day or longer rental terms, the ability to offer short-term lodging gives these parcels unmatched revenue potential and positions them in a limited competition segment of the market.
The portfolio includes:
A six-unit gulf-front hotel with direct beach access and sweeping northwestern views of the Gulf of Mexico
Two duplex buildings with nightly rental eligibility
A single-family residential piling home with a pool, ideal for monthly vacation use or redevelopment
The sites were impacted by Hurricane Ian and are now cleared, allowing a clean slate for modern, storm-resilient elevated construction. Sanibel's post-Ian Build-Back provisions support the redevelopment of the hotel and duplexes, enabling structures to be rebuilt within the footprint and volume of the original buildings—while elevating them for improved views, added storage, parking underneath, and enhanced long-term resilience.
The west-facing hotel site borders land protected from future development, ensuring unobstructed sunsets and privacy—a true premium on the coast. This is a rare chance to rebuild with higher-end accommodations while retaining the valuable nightly rental zoning that elevates Tropical Winds well above typical Sanibel investment opportunities; it's your chance to own a uniquely zoned piece of Sanibel's future.
Location
State FL
County Lee County
Building
Sewer City
Water City
Listed by Dawn Marie Ramsey • Pfeifer Realty Group LLC
“My goal is to guide you through every step of the process, providing expert advice and personalized service to ensure your real estate journey is seamless and stress-free. With Pfeifer Realty Group, you’re not just getting an agent – you’re gaining a trusted partner.”