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Michele Ann Ivanov

micheleann@realhomesnaples.com +1(239) 825-2415

$850,000

Est. payment - /mo

4 Beds

2 Baths

1,280 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,280 sqft

Price per Sqft $664

Subdivision Sanibel Shores

MLS Listing ID 2026011777

Style Resale Property

Bedrooms 4

Full Baths 2

HOA Y/N No

Min Days of Lease 30

Leases Per Year 12

Year Built 1970

Annual Tax Amount $9,771

Tax Year 2025

Lot Size 10,410 Sqft

Acres 0.239

Property Sub-Type Single Family Residence

Source Florida Gulf Coast

Land Area 1280

Property 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.

Location

State FL

County Lee

Community Non-Gated

Area Sanibel Shores

Rooms

Dining Room Breakfast Bar, Dining - Living

Interior

Heating Central Electric

Flooring Tile, Vinyl

Equipment Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Furnishings Furnished

Fireplace No

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Heat Source Central Electric

Exterior

Exterior Feature Screened Lanai/Porch, Outdoor Shower, Storage

Parking Features Driveway Unpaved

Amenities Available None

Waterfront Description None

View Y/N Yes

View Landscaped Area

Roof Type Shingle

Porch Deck, Patio

Garage No

Private Pool No

Building

Lot Description Regular

Building Description Wood Frame,Vinyl Siding,Wood Siding, DSL/Cable Available

Story 1

Water Central

Architectural Style Duplex, Single Family

Level or Stories 1

Structure Type Wood Frame,Vinyl Siding,Wood Siding

New Construction No

Others

Pets Allowed Yes

Senior Community No

Tax ID 30-46-23-T2-00305.0100

Ownership Single Family

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Listed by Keller Williams Realty Fort Myers • Christopher Kirchner

746 Cardium ST Sanibel, FL 33957