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- LoopNet Team
711 Donax St
Sanibel, FL 33957
Driftwood Inn · Hospitality Property For Sale
·
3,744 SF
INVESTMENT HIGHLIGHTS
- Nestled on the convenient eastern end of the island
- Daily, Weekly, and/or Monthly Rentals
- A leisurely stroll away from the sun-kissed beach & the Gulf of Mexico
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1969/2023 |
| Building Class | B | Parking Ratio | 2.4/1,000 SF |
| Lot Size | 0.49 AC | Corridor | Exterior |
| Building Size | 3,744 SF | ||
| Zoning | Multifamily - Resort Housing District | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.49 AC |
| Building Size | 3,744 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1969/2023 |
| Parking Ratio | 2.4/1,000 SF |
| Corridor | Exterior |
| Zoning | Multifamily - Resort Housing District |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
ABOUT 711 DONAX ST , SANIBEL, FL 33957
Welcome to the Driftwood Inn, a boutique gem located in Sanibel Island's Resort Housing district, offering nightly rentals. This is a rare opportunity to acquire one of a few properties with nightly rentals on Sanibel Island. This well-established property is in one of Florida's most coveted beach destinations. Featuring four charming two-bedroom / two-bathroom cottages with full kitchens and screened lanais just seven houses from the beach access. Meticulously maintained, efficiently managed, and conveniently located near restaurants and shops, the Inn provides a perfect balance of island tranquility and accessibility. The Driftwood’s Island charm, peaceful grounds, and ideal location make it a top choice for island vacationers. Recent renovations exceeding $600,000 make it a turnkey investment opportunity with reservations already secured. Projections for 2024 forecast a robust gross rental income of $315,000, supported by strong occupancy and loyal repeat guests. The Driftwood Inn offers the perfect combination of rental income and real estate value appreciation, making it a sound investment opportunity in the hospitality market.
PROPERTY TAXES
| Parcel Number | 30-46-23-T2-00302.0310 | Improvements Assessment | $266,567 |
| Land Assessment | $576,840 | Total Assessment | $855,386 |
PROPERTY TAXES
