$2,700,000

2440 Palm Ridge RD, SANIBEL FL, 33957

Price per sqftN/A

Built in1980

Property typeCommercial

Courtesy of Tina DiCharia, Pfeifer Realty Group LLC, (239) 340-5636

Overview

Active

Listed Feb 8, 2026

Updated 4 weeks ago

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.

Additional information

MLS^® ID: 2026002508

Interior Features

Basement: No

Exterior Features

Lot Size: 0.63 Acres

Other Property Details

Taxes: $25,869
Tax Frequency: Annually
Association Fee Frequency: Yearly
Waterfront: Yes
55+/Senior Community: No

The IDX display contains information sourced from the Naples Area Board of REALTORS^® as of 8/22/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated 5:02 AM UTC, 8/22/2026