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Tropical Winds Resort
Sanibel, FL West End

$5,950,000 USD

Portfolio For Sale • 10,387 SF

4 Properties View all

Property Details

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                    Highlights
                
                                Prime investment opportunity waiting to be reimagined on Sanibel Island steps to the shore with breathtaking water and sunset views.
                            
                                Investment includes a six-unit Gulf-front hotel with an unobstructed vista of clear blue water, one of the few permitted nightly hotels.
                            
                                Two separate duplexes, just a few yards away from the hotel and beach access, contribute four cottage-style units to the hotel portfolio.
                            
                                Also included is a residential piling home with a pool situated directly across the street from the beach, which falls into the monthly rental zoning.
                            
                                There are options to utilize the Build-Back provision and maintain a nightly rental hotel or reimagine and redevelop it into a family compound.  
                            
                                Sanibel Island is a famed travel destination known for its wildlife sanctuary, which has limited commercial sites and no new commercial development.