4819 Tradewinds DrSanibel, FL 33957

  • Hospitality properties
  • 1,592 SF
For Sale
$5,950,000 View listing

Property Details for 4819 Tradewinds Dr

Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.94 AC
Property size (Sq ft)
1,592 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
19-46-22-T2-00400.0280
APU
194622T2004000280

Description

This exceptional investment opportunity presents four distinct properties on Sanibel Island, Florida, offering significant income potential and unparalleled beachfront proximity. The portfolio includes a six-unit Gulf-front hotel boasting unobstructed sunset views. This prime location ensures high occupancy rates and strong rental income. Adding to the investment's appeal are two separate duplexes situated just steps from the hotel and beach access, providing additional rental revenue streams. Completing this unique offering is a single-family residential home with a pool, conveniently located across the street from the beach and the hotel. All four parcels are situated within close proximity to each other, totaling 0.94 acres of land. The hotel's address is 4819 Tradewinds Drive, while the additional properties are located at 4788 Tradewinds Drive, 1344 Jamaica Drive, and 1350 Jamaica Drive. This is a rare chance to acquire a diverse and highly desirable portfolio of income-producing properties in a coveted island location. The combined properties offer a unique blend of hospitality, residential, and investment opportunities, presenting a compelling proposition for discerning investors seeking a significant return on investment in a prime coastal market. This is a truly exceptional opportunity to own a piece of Sanibel Island paradise. The asking price for this entire portfolio is $5,950,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $479,656
    6.5%
    $442,759
    7%
    $411,134
  • Comparable approach

    Method
    Valuation
    Relative Method
    $750,521
    Geo Method
    $683,255
  • Alternative Use

    Use
    Valuation
    Residential
    $483,364
    Hospitality
    $442,759
    Educational
    $368,370
    Medical
    $381,039
    Retail
    $573,021
4819 Tradewinds Dr, Sanibel, Florida

Location Insight

City
Sanibel
County
Lee
State
Florida
Latitude
26.4506
Longitude
-82.1421
CBSA code
15980
CBSA name
CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$30,337
$1,815,037
$10
$1,815,047
-
$1,815,037
$10
$1,815,047

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