Sanibel, FL 33957,Address not disclosed

$2,350,000

$2,600,000

9.6%
Est.Price: ?

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Est. payment /mo

0.7 Acres Lot


SOLD DATE : 07/07/2023

Key Details

Sold Price $2,350,000

Property Type Multi-Family

Sub Type Multi Family,Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 223036387

Sold Date 07/07/23

HOA Y/N No

Year Built 1974

Annual Tax Amount $28,907

Tax Year 2022

Lot Size 0.703 Acres

Acres 0.7032

Property Sub-Type Multi Family,Retail

Source Florida Gulf Coast

Property Description

Now known as RE/MAX Center of the Islands (formerly Palm Ridge Plaza). A new owner can easily change the name of the center. The center contains approximately 6,000 S.F. of ground level commercial floor area that is currently configured as 3 spaces: Units C1 & C2 each contain 750 SF +- (total 1,500+-) ; C3 = 1,300 SF+-; C4 = 1,700 SF+-; C5 & C6 each contain 750 SF+- (total 1,500+-). There are 6 – 1 bedroom, 1 bath residential units on the upper levels of the 2 story portions at each corner of the center. Each of the apartments contain 500+- S.F. of living area totaling 3,000 S.F. The total approximate floor area of the mixed use center is 9,000 S.F. (See the property appraiser's records indicating a total of approximately 8,991 S.F.). Features: new blue metal roof on 2 story areas in 2018; new flat roof in 4/23; Apt.R1 conveys furnished; all apts. convey w/appliances; build-back registration on file w/Sanibel city. Attachements mentioned here and indepth information available through your Realtor. Easily viewed with appointment.

Location

State FL

County Lee

Zoning TCG

Interior

Cooling true

Fireplace No

Exterior

Utilities Available Electricity Connected, Water Connected

Waterfront Description Lagoon,Mangrove

Total Parking Spaces 50

Garage No

Building

Story 2

Level or Stories 2

New Construction No

Others

Senior Community No

Tax ID 26-46-22-T2-0030E.0130

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SouthWest Florida Naples MLS (NABOR)
Listed by RE/MAX Realty Group • Art Corace
Bought with Cornerstone Coastal Properties

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