367 Periwinkle Way, Sanibel, FL 33957

$3,450,000
List Price
$3,450,000
MLS#
SWFL-221037431
Status
ACTIVE
County
Lee
City
Sanibel
Acres
0.34

Property Description

Not quite ready to retire but looking to relocate where the sunshine and beach are readily accessible? Check out this Boutique Inn on Sanibel Island with proven profitability, strong cash flow, attractive cap rate. A short stroll to the sandy beaches for shelling and relaxing in the sun. Adorable, colorful and clean guest rooms in 3 different configurations, from cozy efficiencies to spacious cottage style. Private patios, multiple seating and dining areas, grilling area, outdoor shower, shell washing station, hammocks, complementary bikes, beach chairs, carts and umbrellas. Bookings in place through 2022. The Tarpon Tale Inn is licensed and zoned as a daily, weekly and monthly rental. Only one of the few grandfathered-in zoned Inns on Sanibel Island! Exceptionally well-managed with proven transferrable systems in place. Many new and repeat customers. Top reviews on the travel sites online. Don’t miss this opportunity.

Additional Information

Days on Market
33
Year Built
1964
Stories
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of VIP Realty Group,Inc.

The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida MLS Listing Service. Properties listed with brokerage firms other than our company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2021 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this limited electronic display may no longer be available. Data last updated .