Tropical Winds Resort
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Tropical Winds Resort
4 Properties Offered at $5,950,000 in Sanibel, FL
Investment Highlights
- Prime investment opportunity waiting to be reimagined on Sanibel Island steps to the shore with breathtaking water and sunset views.
- Two separate duplexes, just a few yards away from the hotel and beach access, contribute four cottage-style units to the hotel portfolio.
- There are options to utilize the Build-Back provision and maintain a nightly rental hotel or reimagine and redevelop it into a family compound.
- Investment includes a six-unit Gulf-front hotel with an unobstructed vista of clear blue water, one of the few permitted nightly hotels.
- Also included is a residential piling home with a pool situated directly across the street from the beach, which falls into the monthly rental zoning.
- Sanibel Island is a famed travel destination known for its wildlife sanctuary, which has limited commercial sites and no new commercial development.
Executive Summary
The Tropical Winds portfolio includes four closely located parcels, presenting a diverse range of income-producing options to capitalize on the island's coveted coastal lifestyle.
The portfolio includes two duplexes, a residential piling home with a pool ideal for monthly rentals, and its prized possession, a six-unit gulf-front hotel boasting unparalleled water views. The hotel has a northwestern view of the gulf, and the land to the immediate west is protected from development, providing unobstructed views and privacy. While the properties have sustained damage from Hurricane Ian, they are being offered in their current condition, allowing astute investors to reimagine and revitalize these gems to their fullest potential.
Sanibel's Build-Back provisions allow the hotel and duplex buildings to be elevated and rebuilt to maintain the coveted nightly rental zoning, a rarity on this tightly regulated sanctuary island. The build-back provisions allow for a new, elevated structure with west-facing, sunset-visible patios to be built within defined parameters of the original footprint. This allows the structure to be reconstructed to match the three-dimensional layout of the established habitable space of the original building but is elevated and allows for parking, storage, additional entry steps, unobstructed elevated views, and fantastic shore breezes. This is the opportunity to build a more modern, resilient property and high-end hotel units.
Sanibel is a charming 11-mile island enclave nestled along the Gulf Coast and just a short drive from Fort Myers. The island is renowned for its picturesque sunsets, an iconic lighthouse, and upscale resorts. Residents and visitors enjoy the abundant wildlife, where 70% of the island is protected sanctuary land, with seashells, sea turtle nests, and shore birds. The island is known for its sandy beaches, biking trails, golf courses, seafood dining, world-class fishing, boating adventures, and relaxation amidst the pristine native coastal scenery.
Don't miss out on this one-of-a-kind opportunity to acquire this rare gem.
The portfolio includes two duplexes, a residential piling home with a pool ideal for monthly rentals, and its prized possession, a six-unit gulf-front hotel boasting unparalleled water views. The hotel has a northwestern view of the gulf, and the land to the immediate west is protected from development, providing unobstructed views and privacy. While the properties have sustained damage from Hurricane Ian, they are being offered in their current condition, allowing astute investors to reimagine and revitalize these gems to their fullest potential.
Sanibel's Build-Back provisions allow the hotel and duplex buildings to be elevated and rebuilt to maintain the coveted nightly rental zoning, a rarity on this tightly regulated sanctuary island. The build-back provisions allow for a new, elevated structure with west-facing, sunset-visible patios to be built within defined parameters of the original footprint. This allows the structure to be reconstructed to match the three-dimensional layout of the established habitable space of the original building but is elevated and allows for parking, storage, additional entry steps, unobstructed elevated views, and fantastic shore breezes. This is the opportunity to build a more modern, resilient property and high-end hotel units.
Sanibel is a charming 11-mile island enclave nestled along the Gulf Coast and just a short drive from Fort Myers. The island is renowned for its picturesque sunsets, an iconic lighthouse, and upscale resorts. Residents and visitors enjoy the abundant wildlife, where 70% of the island is protected sanctuary land, with seashells, sea turtle nests, and shore birds. The island is known for its sandy beaches, biking trails, golf courses, seafood dining, world-class fishing, boating adventures, and relaxation amidst the pristine native coastal scenery.
Don't miss out on this one-of-a-kind opportunity to acquire this rare gem.
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Property Facts
| Price | $5,950,000 | Number of Properties | 4 |
| Price / SF | $572.83 / SF | Individually For Sale | 0 |
| Sale Conditions | Bulk/Portfolio Sale | Total Building Size | 10,387 SF |
| Sale Type | Investment | Total Land Area | 1.80 AC |
| Status | Active |
| Price | $5,950,000 |
| Price / SF | $572.83 / SF |
| Sale Conditions | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 10,387 SF |
| Total Land Area | 1.80 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Tropical Winds Motel and Cottages
4819 Tradewinds Dr, Sanibel, FL 33957 |
Hospitality | 5,000 SF | 1958 | - |
| 4788 Tradewinds Dr, Sanibel, FL 33957 | Specialty | 1,470 SF | 1981 | - |
| 1350 Jamaica Dr, Sanibel, FL 33957 | Multifamily | 1,934 SF | 1981 | - |
| 1344 Jamaica Dr, Sanibel, FL 33957 | Multifamily | 1,983 SF | 1984 | - |
Sale Advisors
Sale Advisors
Dawn Marie Tecsi-Ramsey, Real Estate and Commerical Sales Advisor
(239) 233-2976
Contact
COMMERCIAL and RESIDENTIAL
REAL ESTATE ADVISOR, S.C.I.S
In 2000, I made the move to Sanibel Island where I acquired and operated the Tarpon Tale Inn, a charming hotel situated on the East End of Sanibel. With over 23 years of experience in hotel ownership, business management and vacation rentals on this beautiful island, my primary focus has always been providing exceptional customer service and ensuring client satisfaction. Through my dedicated efforts, I successfully transformed what was once a basic fishing lodge into one of the most highly rated hotels on Sanibel and Captiva Island.
My extensive background in vacation rentals, coupled with my involvement in buying and selling various commercial properties and residential homes across the island, allowed me to combine my passion for customer service, my knowledge of investments and my deep love for Sanibel and Captiva Islands. This unique blend of expertise has become the hallmark of my professional career, bringing together my commitment to exceptional customer service and my intimate understanding of these islands.
REAL ESTATE ADVISOR, S.C.I.S
In 2000, I made the move to Sanibel Island where I acquired and operated the Tarpon Tale Inn, a charming hotel situated on the East End of Sanibel. With over 23 years of experience in hotel ownership, business management and vacation rentals on this beautiful island, my primary focus has always been providing exceptional customer service and ensuring client satisfaction. Through my dedicated efforts, I successfully transformed what was once a basic fishing lodge into one of the most highly rated hotels on Sanibel and Captiva Island.
My extensive background in vacation rentals, coupled with my involvement in buying and selling various commercial properties and residential homes across the island, allowed me to combine my passion for customer service, my knowledge of investments and my deep love for Sanibel and Captiva Islands. This unique blend of expertise has become the hallmark of my professional career, bringing together my commitment to exceptional customer service and my intimate understanding of these islands.
Eric Pfeifer
(239) 472-0004
Contact
Eric Pfeifer (pronounced “fifer”) is the Broker and Owner of Pfeifer Realty Group, a locally owned boutique brokerage on Sanibel Island. With a degree in Civil and Environmental Engineering from Vanderbilt University, Eric transitioned from a successful engineering career to real estate after moving to Sanibel in 2001. Since then, he has helped over 2,400 families achieve their real estate dreams. Eric’s team has been Southwest Florida’s top recommended group on Zillow, earning over 1,000 5-star reviews. They are also the #1 producing team on Sanibel and Captiva for six consecutive years.
Under Eric’s leadership, Pfeifer Realty Group combines cutting-edge technology with a collaborative approach, ensuring every client benefits from the team’s shared expertise. Eric is a passionate advocate for giving back, with his team contributing over $416,450 to local nonprofits and dedicating more than 400 cumulative years to board and volunteer service. Pfeifer Realty’s innovative strategies and client-focused policies, like their stress-free listing guarantee, make buying and selling seamless and stress-free.
Recognized for his community contributions, Eric is an 8-time recipient of the Sanibel Island Community Service Award and has served as Vice Chair of the Sanibel Planning Commission. His commitment to excellence has earned him accolades, including Realtor of the Year and Citizen of the Year. Eric’s approachable demeanor, industry expertise, and dedication to the Sanibel and Captiva community make him a trusted partner for all your real estate needs.
Under Eric’s leadership, Pfeifer Realty Group combines cutting-edge technology with a collaborative approach, ensuring every client benefits from the team’s shared expertise. Eric is a passionate advocate for giving back, with his team contributing over $416,450 to local nonprofits and dedicating more than 400 cumulative years to board and volunteer service. Pfeifer Realty’s innovative strategies and client-focused policies, like their stress-free listing guarantee, make buying and selling seamless and stress-free.
Recognized for his community contributions, Eric is an 8-time recipient of the Sanibel Island Community Service Award and has served as Vice Chair of the Sanibel Planning Commission. His commitment to excellence has earned him accolades, including Realtor of the Year and Citizen of the Year. Eric’s approachable demeanor, industry expertise, and dedication to the Sanibel and Captiva community make him a trusted partner for all your real estate needs.
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