4819 Tradewinds Dr - Tropical Winds Motel and Cottages
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4819 Tradewinds Dr - Tropical Winds Motel and Cottages
Hospitality Building
ABOUT 4819 Tradewinds Dr , Sanibel, FL 33957
| Price | Not Individually For Sale | Lot Size | 0.94 AC |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 1.2/1,000 SF |
| Building Class | C |
| Price | Not Individually For Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.94 AC |
| Tenancy | Single |
| Parking Ratio | 1.2/1,000 SF |
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 its 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 its 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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