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Joanie McCutcheon, LPT Realty

joanie@perfectplaceteam.com +1(904) 325-5222

$ 850,000

Est. payment | -/mo

4 Beds

2 Baths

1,280 SqFt

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$ 850,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

2 Baths

1,280 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,280 sqft

Price per Sqft $664

Subdivision Sanibel Shores

MLS Listing ID 2026011777

Style Other,Duplex

Bedrooms 4

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1970

Annual Tax Amount $9,771

Tax Year 2025

Lot Size 10,410 Sqft

Acres 0.239

Lot Dimensions Appraiser

Property Sub-Type Duplex

Property Description

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.

Location

State FL

County Lee

Community Sanibel Shores

Area Si01 - Sanibel Island

Direction West

Rooms

Bedroom Description 4.0

Interior

Interior Features Breakfast Bar, Living/ Dining Room, See Remarks, Cable T V

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile, Vinyl

Furnishings Furnished

Fireplace No

Window Features Double Hung,Sliding

Appliance Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer

Exterior

Exterior Feature Deck, None, Outdoor Shower, Patio, Room For Pool, Storage

Parking Features Driveway, Unpaved

Community Features Non- Gated

Utilities Available Cable Available

Amenities Available None

Waterfront Description None

Water Access Desc Public

View Landscaped

Roof Type Shingle

Porch Deck, Lanai, Patio, Porch, Screened

Garage No

Private Pool No

Building

Lot Description Rectangular Lot

Dwelling Type Duplex

Faces West

Story 1

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Other, Duplex

Structure Type Other,Vinyl Siding,Wood Siding,Wood Frame

Construction Status Resale

Others

Pets Allowed Yes

HOA Fee Include None

Senior Community No

Tax ID 30-46-23-T2-00305.0100

Ownership Single Family

Security Features None

Acceptable Financing All Financing Considered, Cash

Disclosures Owner Has Flood Insurance

Listing Terms All Financing Considered, Cash

Pets Allowed Yes

Virtual Tour https://lacasatour.com/property/746-cardium-st-sanibel-fl-33957/ub

Listed by Keller Williams Realty Fort Myers • Christopher Kirchner

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+1(904) 325-5222

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746 Cardium ST Sanibel, FL 33957