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About This Home

This 4-bedroom, 2-bathroom residential multi family at 746 Cardium Street in Sanibel, FL is listed for $800,000 ($625 per sqft). Built in 1970, the home offers 1,280 sqft of living space on a 0.24 acres lot.

Agent Description

Rare Elevated Multi-Family Opportunity on Sanibel Island, Now Offered at an Exceptional Price! - Less than a Five-MinuteWalk to the Beach - Welcome to 746 Cardium Street, where the best of beachside living meets outstanding investment potential. Rarelyavailable on Sanibel Island, this elevated multi-family property features two separate cottages, offering a unique and highly sought-afteropportunity for both investors and lifestyle buyers alike.

Ideally located less than a five-minute walk to one of Sanibel Island's most renownedbeaches, this exceptional property delivers the perfect blend of flexibility, charm, and income potential. The beautifully maintained propertyincludes two inviting beach cottages, each offering 2 bedrooms and 1 bathroom, with a combined 1,280 square feet of living

space under air.Importantly, the home has never sustained any damage from recent hurricanes, and the elevated construction has helped preserve theintegrity of the living areas-providing valuable peace of mind in today's market. The property also features a new roof installed in 2023,further enhancing its durability and long-term value.

Whether you choose to live in one cottage while renting the other, or lease both tomaximize income, the versatility of this property makes it ideal as a primary residence, seasonal retreat, or high-performing vacation rentalinvestment. Perfectly positioned just off Periwinkle Way and Donax Road, you'll enjoy effortless access to the beach just steps away, alongwith nearby shopping, dining, and island attractions via Middle Gulf Drive.

Each elevated cottage offers its own private screened lanai,expansive decking, and dedicated storage for all your island essentials. The spacious lot also provides room for a potential private pool,allowing you to further enhance the outdoor living experience. Opportunities like this-an elevated, storm-resilient, multi-family property insuch a prime Sanibel location-are few and far between. Don't miss your chance to own a true slice of island paradise.

Key Features

  • Built in 1970
  • 0.24 acre lot

Property Details

1 story
2 full
1970

Amenities

A/C

Monthly Cost Estimate

$4,279/mo

20% down · 6.5% · 30 years

Principal$579
Interest$3,467
Insurance$233

Estimates only. Actual payments may vary.

Location

746 Cardium Street

Sanibel, FL 33957

SANIBEL SHORES

Features & Amenities

Interior Features

BreakfastBarLivingDiningRoomCableTv

Exterior Features

DeckOutdoorShowerPatioRoomForPoolStorage

Property Details

Flooring

VinylTile

Construction

VinylSiding WoodSiding WoodFrame

Pool Features

PatioPorchDeck

Parking

DrivewayPaved or Surfaced

Heating

Electric (Heating)Central

Cooling

ElectricCentral Air

Appliances

DryerDishwasherMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 746 Cardium Street is listed at $800,000 ($625/sqft). The estimated monthly payment is $3,467 based on 20% down at 6.5% interest.

Key features include: Built in 1970, 0.24 acre lot. Interior Features: BreakfastBar, LivingDiningRoom, CableTv. Exterior Features: Deck, OutdoorShower, Patio.

This property is listed by Christopher Kirchner and can be reached at 2394704650 or kirchnercn@gmail.com.

CK

Christopher Kirchner

Agent at Keller Williams Realty Fort Myers

(239) 470-4650

Listed by Keller Williams Realty Fort Myers · View on Broker Site

MLS# 2026011777· Source: listhub· Updated 84 days ago

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.

746 Cardium Street, Sanibel, FL 33957

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