Income-producing two-story commercial building in the heart of

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Commercial For Sale

2440 Palm Ridge Road

Sanibel, Florida 33957

Lee County

Waterfront: Yes

Community: 

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$2,700,000 0 br, 0.0 bath 0 sq. ft. 0.632 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.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 0
  • Year Built: 1980
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.632 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $25,869
  • MLS #: 2026002508
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Contact Information:
Beach Commercial For Sale in Sanibel, Florida
Listing Agent: Tina DiCharia, Royal Shell Real Estate, Inc., 239-340-5636, 239-472-0078 Listing Site, Listing Status: Active
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.
Ad Number: 7248426
Viewed 31 times.
Updated: Mar 19, 2026

This property is a Commercial located at 2440 Palm Ridge Road, Sanibel, Florida 33957, and is currently For Sale at $2,700,000. This Commercial has 0 bedrooms, 0.0 baths, 0 sq ft.