Ad #7248426
MLS #2026002508
Income-producing two-story commercial building in the heart of
2440 Palm Ridge Rd, Sanibel, FL 33957
$2,700,000
--Beds
--Baths
--Sqft
0.63Acres
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.
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1980
0.63 Acres
2 Stories
On Beachfront
$25,869 / yr property tax
Lee County
Additional Photos
Contact Information
Tina DiCharia
Royal Shell Real Estate, Inc.
239-340-5636
Location
Listing Agent: Tina DiCharia (License #: 280596822) 239-340-5636
Broker: Royal Shell Real Estate, Inc. 239-689-7653 Listing Site
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.
Broker: Royal Shell Real Estate, Inc. 239-689-7653 Listing Site
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.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$2,700,000
--
Beds
--
Baths
--
Sqft
2440 Palm Ridge Rd, Sanibel, FL 33957
By contacting this agent you agree to these Terms and Conditions.
MLS# 2026002508
Income-producing two-story commercial building in the heart of
$2,700,000
2440 Palm Ridge Rd, Sanibel, FL 33957
--
Beds
--
Baths
--
Sqft
0.63
Acres
$2,700,000
2440 Palm Ridge Rd, Sanibel, FL 33957
-- Beds
-- Baths
-- Sqft
0.63 Acres
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.
184 days
on BeachHouse.com
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1980
0.63 Acres
2 Stories
BEACH & VIEW
On Beachfront
FINANCIAL & COMMUNITY
$25,869 / yr property tax
Lee County
See More Details
Location
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Ad Statistics
Ad Number
7248426
Viewed
116 times
Listing Status
Active
Added
Feb 08, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Florida Gulf Coast Multiple Listing Service, Inc.
Source Property ID
2026002508
Listing Agent: Tina DiCharia (License #: 280596822) 239-340-5636
Broker: Royal Shell Real Estate, Inc. 239-689-7653 Listing Site
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.
Broker: Royal Shell Real Estate, Inc. 239-689-7653 Listing Site
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.
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