746 Cardium St, Sanibel, FL 33957

$750,000
4
BD
2
BA
1,280
SqFt

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List Price
$750,000
Listing Price
$750,000
Price Change
▼ $50,000 1782598365
Days on Market
140
MLS#
2026011777
Bedrooms
4
Bathrooms
2
Living Sq. Ft
1,280
Total Area
1,280
Acres
0.24
Property Class
Single Family Residential
Building Design
Single Family Residence
County
Lee
Region
SI01 - Sanibel Island
Development
Sanibel Shores
Subdivision
Sanibel Shores

Property Description

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.

Additional Information

Year Built
1970
furnished
Furnished
Pets
No Approval Needed
Amenities
None, Non-Gated
View
Landscaped Area
Boat Access
None
Waterfront Description
None
Lot Description
Regular
Lot Frontage
70
Construction
Elevated, Wood Frame, Vinyl Siding, Wood Siding
Parking
Driveway Unpaved
Roof
Shingle
Flooring
Tile, Vinyl
Windows
Double Hung, Sliding
Exterior Features
Outdoor Shower, Room for Pool, Storage
Water
Central
Sewer
Central
Cooling
Central Electric
Irrigation
None
Interior Features
Florida Room, Wired for Data
Equipment/Appliances Included
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Dining Description
Breakfast Bar, Dining - Living
Master Bath Description
See Remarks
Total Tax Bill
$9,771
Tax Year
2025
Total Floors
1
Min. Days Of Lease
30
Num of Leases/Yr
12

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Fort Myers.