Sanibel Florida Multi-Family Homes for Sale

Sanibel Florida Multi-Family Homes for Sale

$625,000
3 Beds 3 Baths 2026020743 MLS
Looking for an affordable beach property on Sanibel? Your search ends here! This modern, coastal-inspired townhouse is the perfect retreat, offering the ideal combination of serenity, nature, and an unbeatable location on the sought-after east end of the island. Located on a quiet dead-end street surrounded by lush woods, this beautifully updated 3-bedroom, 2.5 bathroom home provides the perfect escape from the everyday hustle, offering a peaceful slice of island life. Step inside to a bright and airy space, where sleek white and grey modern tile floors, soft light grey walls, and vaulted ceilings create a calming atmosphere. White shiplap accents and skylights amplify the spacious, open feel of the home, while large impact windows and doors invite abundant natural light and provide peace of mind during stormy weather. The heart of the home is the fully remodeled kitchen, featuring brand-new white craftsman-style cabinetry, warm grey granite countertops, and stainless-steel appliances. Whether you’re cooking a simple meal or hosting guests, this kitchen has everything you need to inspire your inner chef. Located in the desirable Dunes neighborhood, this townhouse offers a rare combination of privacy and convenience. Tucked away from the main roads, yet still just a short walk from all that the island has to offer. Whether you’re in the mood for a relaxing beach day, a delicious meal at one of the nearby restaurants, or a leisurely bike ride along scenic paths, everything is within easy reach. Picture yourself starting the day with coffee on your screened-in porch, taking in the peaceful views of the surrounding woods. The sounds of birds and rustling leaves create a perfect natural soundtrack to your morning. Then, step outside for a quick 5-minute walk to the beach, where you can bask in the sun, hunt for seashells, or enjoy a breathtaking sunrise over the Gulf of Mexico. Afterward, take a short bike ride to explore the island, stop for lunch at a nearby café or check out local shops. The charm of Sanibel’s relaxed pace is the ideal complement to this wonderful home, making it feel like a vacation every day. This townhouse isn’t just a place to live, it’s a lifestyle. Whether you’re soaking in the beauty of your surroundings, spending the day at the beach, or simply unwinding at home, this is the life you’ve always dreamed of. With its prime location, private setting, and thoughtful updates, this home truly embodies the essence of island living at its best. Come see for yourself and experience what it means to live in paradise. This townhouse offers more than just a place to call home, it’s the perfect setting for enjoying everything Sanibel has to offer. Make it yours today!

974 Greenwood Court S, Sanibel

Listing Courtesy of Pfeifer Realty Group LLC

$750,000
4 Beds 2 Baths 2026011777 MLS
Significant $50,000 Price Improvement -- Rare Elevated Multi-Family Opportunity on Sanibel Island, Now Offered at an Exceptional Price! — Less than a Five-Minute Walk to the Beach — Welcome to 746 Cardium Street, where the best of beachside living meets outstanding investment potential. Rarely available on Sanibel Island, this elevated multi-family property features two separate cottages, offering a unique and highly sought-after opportunity for both investors and lifestyle buyers alike. Ideally located less than a five-minute walk to one of Sanibel Island’s most renowned beaches, this exceptional property delivers the perfect blend of flexibility, charm, and income potential. The beautifully maintained property includes two inviting beach cottages, each offering 2 bedrooms and 1 bathroom, with a combined 1,280 square feet of living space under air.Importantly, the home has never sustained any damage from recent hurricanes, and the elevated construction has helped preserve the integrity of the living areas—providing valuable peace of mind in today’s market. The property also features a new roof installed in 2023,further enhancing its durability and long-term value. Whether you choose to live in one cottage while renting the other, or lease both to maximize income, the versatility of this property makes it ideal as a primary residence, seasonal retreat, or high-performing vacation rental investment. Perfectly positioned just off Periwinkle Way and Donax Road, you’ll enjoy effortless access to the beach just steps away, alongwith nearby shopping, dining, and island attractions via Middle Gulf Drive. Each elevated cottage offers its own private screened lanai,expansive decking, and dedicated storage for all your island essentials. The spacious lot also provides room for a potential private pool,allowing you to further enhance the outdoor living experience. Opportunities like this—an elevated, storm-resilient, multi-family property in such a prime Sanibel location—are few and far between. Don’t miss your chance to own a true slice of island paradise.

746 Cardium Street, Sanibel

Listing Courtesy of Keller Williams Realty Fort Myers

$1,150,000
4 Beds 3 Baths 2025023750 MLS
Create Your Vision—Build New or Restore Old Florida Charm on Sanibel Island This remarkable 0.61-acre waterfront estate offers a truly rare opportunity on Sanibel Island—craft your custom dream home among neighboring residences valued in the mid–low $3 millions, or embrace the timeless allure of Old Florida living with two existing cottages ready to be beautifully revived. The main cottage features 3 bedrooms and 2 baths, while the separate guest cottage offers a private 1-bedroom, 1-bath retreat—ideal for visitors, extended family, or rental potential. Perfectly positioned on one of the island’s most coveted stretches of water, the property boasts direct deepwater Gulf access with no bridges, along with over 100 feet of water frontage and sought-after western exposure, delivering nightly sunsets over sparkling Dinkins Bayou. The sweeping, big-water views create an unforgettable backdrop for any vision. For boating enthusiasts, the property is a standout—equipped with a substantial dock, an impressive 10,000-pound lift, and ample space for multiple vessels. You're just five minutes by boat to the Intracoastal Waterway, opening endless opportunities for fishing, island hopping, and coastal exploration. Whether you’re dreaming of a sophisticated new waterfront estate or restoring the classic charm of the existing cottages, this property offers unmatched potential in one of Sanibel Island’s most private and premier locations. A rare offering—claim your piece of paradise.

2525 Lands End Place, Sanibel

Listing Courtesy of Keller Williams Realty Fort Myers

Selling Office: .

$529,000
1 Beds 1 Baths 2025022389 MLS
Investors Dream! Money-Making Rental – Duplex at Sanibel Shores less than 0.5 miles to the Sandy Beach filled with shells. Located on one of the highest points on Sanibel Island. Turn Key – 3 Day Rentals Allowed to provide rental income when owner is not in residence. Pet Friendly. Brand new Kitchen, Brand New Bathroom, Brand New Furniture, New Electric, Re-Piped, New Tankless Water heater, New Roof 2023, Interior Paint and New Hurricane Windows/Slider 2017. Two screened in lanais one in the front by the entrance and one in the back of the property with private BBQ. 1 bedroom / 1 bath with room to put in a loft for extra bedroom if desired. This fabulous Duplex is located only 1.4 miles from Sanibel Bridge = easy access and 0.5 miles from the beach. Location cannot be better. This property has all the key characteristics for a successful rental must have. Extra storage/owners closet for all the beach toys. Private parking space. As an owner you can buy a parking permit $15 – gives you free parking access where parking permits is allowed on Sanibel Island even the Blind Pass. Take a short walk 6-15 min to the beach and watch the sunsets or just enjoy the turquoise waters of the Gulf of America/Mexico. Close to Periwinkle Way with restaurants where you can enjoy breakfast, lunch, or dining and of course shopping. Biking paths all around the island. Not to forget about the Wildlife on Sanibel Island everything from birds to dolphins. For the sporty guests Sanibel Recreation Center has Pickle Ball, Tennis, Weight room, Pool and classes. Endless of things to do at Sanibel Island even for the pickiest of guests. Welcome to paradise!

1220 Junonia Street Unit B1, Sanibel

Listing Courtesy of Cape Coral Susan Realty Inc.

Selling Office: .

$780,000
3 Beds 3 Baths 225052904 MLS
Sun, Fun, Play, Stay — Island Living at Its Best! Welcome to this impeccably maintained 3-bedroom, 3-bath half-duplex, just moments from the Sanibel Causeway in the highly sought-after High Dunes community. Move-in ready and owner-occupied, this coastal retreat is ready to welcome its next lucky residents. High Dunes is a hidden gem, offering an intimate lifestyle with only four duplex buildings sharing access to a sparkling community pool, as well as pickleball and tennis courts. Just a short walk away, Bailey Beach awaits—a serene, locals’ favorite where breathtaking sunrises over the Causeway set the tone for perfect mornings. Inside, you’ll find vaulted ceilings with charming shiplap detail that elevate the space with light and airiness. The open-concept living and dining areas flow effortlessly to a spacious screened-in porch via impact-rated sliding glass doors—ideal for indoor-outdoor living. Impact-rated windows and a standing seam metal roof provide lasting peace of mind and storm protection. Each of the three generously sized bedrooms features its own updated bath, perfect for hosting family and friends. Upstairs, a versatile loft offers space for a home office, media room, or cozy retreat—with a private screened balcony to enjoy the breeze. Additional highlights include a two-car carport/garage and extra storage—plenty of space for beach gear, a golf cart, or your favorite Florida toys. Homes this thoughtfully maintained and well-appointed are rare. Don’t miss your chance to embrace the island lifestyle with all the comforts of home!

980 Sand Castle Road, Sanibel

Listing Courtesy of McCallion and McCallion

Selling Office: .

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Sanibel Florida Multi-Family Homes

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