Save Property
View Virtual Tour
Rare Elevated Multi-Family Opportunity on Sanibel Island, Now Offered at an Exceptional Price! — Less than a Five-MinuteWalk to the Beach — Welcome to 746 Cardium Street, where the best of beachside living meets outstanding investment potential. Rarelyavailable on Sanibel Island, this elevated multi-family property features two separate cottages, offering a unique and highly sought-afteropportunity for both investors and lifestyle buyers alike. Ideally located less than a five-minute walk to one of Sanibel Island’s most renownedbeaches, this exceptional property delivers the perfect blend of flexibility, charm, and income potential. The beautifully maintained propertyincludes 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 theintegrity 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 tomaximize income, the versatility of this property makes it ideal as a primary residence, seasonal retreat, or high-performing vacation rentalinvestment. 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 insuch a prime Sanibel location—are few and far between. Don’t miss your chance to own a true slice of island paradise.
Property Details
Price: $850,000
Sq Ft: 1,280
($664 per
sqft)
Bedrooms: 4
Bathrooms: 2
City: Sanibel
County: Lee
Type: Duplex
Development: Sanibel Shores
Acres: 0.2390
Virtual Tour/Floorplan:
View
Year Built: 1970
Listing Number: 2026011777
Status Code: A-Active
Taxes: $9,771.52
Tax Year: 2025
Application Fee: $0.00
Garage:
Furnishings: Furnished
Pets Allowed: Yes
Total Recurring Fee Frequency: 0.00
Amenities:
None
Financial Information:
Taxes: $9,771.52
Tax Year: 2025
Exterior Features:
Screened Lanai/ Porch
Outdoor Shower
Storage
Equipment:
Dishwasher
Dryer
Microwave
Range
Refrigerator
Washer
View:
Y
Additional Information:
Building Description: Duplex, Single Family
Community Type: Non- Gated
MLS Area: Sanibel Shores
Total Square Footage: 1,280
Total Floors: 1
Water: Central
Construction: Wood Frame, Vinyl Siding, Wood Siding
Short Sale: No
Date Listed: 2026-03-09 00:00:00
Furnished: Furnished
Parking: Driveway Unpaved
Flooring: Tile, Vinyl
Roof: Shingle
Heating: Central Electric
Cooling: Central Electric
Storm Protection: None
Irrigation: None
Pets: Yes
Restrictions: None
Maintenance: None
Rear Exposure: E
Lot Desc.: Regular
Amenities: None
Map of 746 Cardium St, Sanibel, FL 33957
Listing Courtesy Of: Keller Williams Realty Fort Myers
kirchnercn@gmail.com