# 706 Donax Street, Sanibel, FL 33957

> **TL;DR:** single family, $5,300,000, built 1960.
> A/C. Est. $22,967/mo. Listed 69 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $5,300,000 |
| Year Built | 1960 |
| Lot Size | 21,780 sqft (0.50 acres) |
| Stories | 2 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 69 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $22,967 |
| **Total** | **$22,967** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1960
- 0.50 acre lot
- 2 stories

## Description

### Agent Description
Once in a generation opportunity to own not one, but two, of the few remaining motel/hotel establishments on Sanibel Island! Legally permitted for nightly rentals and generating close to $1,000,000 in annual revenue, the Palmview and Sandpiper Inns are powerhouse performers with strong historical and future rental performance. Receiving a ground up renovation in 2024 with existing management in place (if the new owner so desires), both are well outfitted to offer their new owner a consistent, worry-free, income for years to come! Agent possesses interest in this property.

## Location

- **Address:** 706 Donax Street, Sanibel, FL 33957
- **County:** Lee
- **Coordinates:** 26.438369, -82.045762
- **Google Maps:** https://www.google.com/maps?q=26.438369,-82.045762

## Listing Agent

- **Name:** Palmer Rosen
- **Brokerage:** Premier Sotheby's Int'l Realty
- **Phone:** 2394722735
- **Email:** palmer@rosenvacations.com

## Primary Photo

![706 Donax Street - Primary Photo](http://lh.rdcpix.com/7920c4e012975d9fdd56bf950f6b1a31l-f3469625197r.jpg)

*25 total photos available on [listing page](https://www.propertysimple.com/listing/706-donax-street-sanibel-fl-33957-26014066)*

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**MLS#:** 2026014066 | **Updated:** 2026-06-18
**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/706-donax-street-sanibel-fl-33957-26014066)

---

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