# 2440 Palm Ridge Road, Sanibel, FL 33957

> **TL;DR:** commercial, $2,700,000, built 1980.
> Waterfront, A/C. Est. $11,700/mo. Listed 113 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,700,000 |
| Year Built | 1980 |
| Lot Size | 27,530 sqft (0.63 acres) |
| Stories | 2 |
| Property Type | Commercial (Retail) |
| Status | For Sale |
| Days on Market | 113 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $11,700 |
| **Total** | **$11,700** |

## Key Amenities

- Waterfront
- A/C

## Property Highlights

- Built in 1980
- 0.63 acre lot
- 2 stories
- Waterfront

## Description

### Agent Description
Income-producing two-story commercial building in the heart of Sanibel's Central Business District, offering 175 feet of prime Palm Ridge Road frontage and outstanding visibility. Zoned Town Center Limited, the preferred location for retail and mixed-use opportunities, and is designated G (Altered Lands) under the City of Sanibel Comprehensive Land Use Plan. The fully leased first floor provides immediate, stable cash flow, while each level offers 4,066 square feet of space. Constructed with steel-reinforced concrete slab and concrete stem wall footings for long-term durability and low maintenance. The second floor presents future residential potential, with architectural plans already prepared and subject to City approval-creating meaningful value-add and additional income upside. A strategic opportunity to secure high-visibility Sanibel commercial real estate with both current performance and long-term growth potential. Building currently being repainted & doors replaced on second floor.

## Location

- **Address:** 2440 Palm Ridge Road, Sanibel, FL 33957
- **County:** Lee
- **Coordinates:** 26.439928, -82.07878
- **Google Maps:** https://www.google.com/maps?q=26.439928,-82.07878

## Listing Agent

- **Name:** Tina DiCharia
- **Brokerage:** Royal Shell Real Estate, Inc.
- **Phone:** 2393405636
- **Email:** trdicharia@gmail.com

## Primary Photo

![2440 Palm Ridge Road - Primary Photo](http://lh.rdcpix.com/ff8a2d758f9440b091f72e6beb8e4b16l-f1065189547r.jpg)

*19 total photos available on [listing page](https://www.propertysimple.com/listing/2440-palm-ridge-road-sanibel-fl-33957-26002508)*

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**MLS#:** 2026002508 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/2440-palm-ridge-road-sanibel-fl-33957-26002508)

---

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