ActiveMLS# cc5ba351da3028926c6930f81e1fbd4c275 days on market
$2,700,000
2440 Palm Ridge RD
SANIBEL, FL, 33957
0Bedrooms
0Bathrooms
—Sq Ft
1980Year Built
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About This Property

Income-producing two-story commercial building in the heart of Sanibel’s Central Business District, offering 175 feet of prime Palm Ridge Road frontage and outstanding visibility. Zoned Town Center Limited, the preferred location for retail and mixed-use opportunities, and is designated G (Altered Lands) under the City of Sanibel Comprehensive Land Use Plan. The fully leased first floor provides immediate, stable cash flow, while each level offers 4,066 square feet of space. Constructed with steel-reinforced concrete slab and concrete stem wall footings for long-term durability and low maintenance. The second floor presents future residential potential, with architectural plans already prepared and subject to City approval—creating meaningful value-add and additional income upside. A strategic opportunity to secure high-visibility Sanibel commercial real estate with both current performance and long-term growth potential. Building currently being repainted & doors replaced on second floor.

Key Features

  • 0.632 Acres Lot
  • Built in 1980

Property Details

  • Type: Single Family Home
  • Year Built: 1980
  • Lot Size: 0.632 sq ft
  • HOA: Contact Agent
  • Bedrooms: 0
  • Bathrooms: 0
  • Feature: 0.632 Acres Lot
  • Feature: Built in 1980
  • Status: Active
  • MLS Number: cc5ba351da3028926c6930f81e1fbd4c
  • Days on Market: 275
  • Listed By: Pfeifer Realty Group LLC · Tina DiCharia
  • Zip Code: 33957
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$2,700,0002440 Palm Ridge RD, SANIBEL, FL
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