$750,000
 $4,026 est/mo Sourced by Back At You

746 Cardium St,SANIBEL, FL 33957

SANIBEL, FL 33957

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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 areasproviding 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 thisan elevated, storm-resilient, multi-family property in such a prime Sanibel locationare few and far between. Don’t miss your chance to own a true slice of island paradise.

Details

MLS #2026011777
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1970
Days On Site167
Listing Provided ByKeller Williams Realty Fort Myers | Christopher Kirchner

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet1,280
Story(s)1
Units2
Acreage0.24
Water FrontYes
Property ViewYes

Interior

Rooms Total0
Cooling Yes / NoYes
CoolingCentral Electric
Heating Yes / NoYes
HeatingCentral Electric
FurnishedFurnished
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Fireplace Yes / NoNo
Room Dining Room FeaturesBreakfast Bar, Dining - Living

Exterior

Exterior FeaturesScreened Lanai/Porch, Outdoor Shower, Storage
RoofShingle
Construction MaterialsWood Frame, Vinyl Siding, Wood Siding
Lot FeaturesRegular
Patio And Porch FeaturesDeck, Patio

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo
Parking FeaturesDriveway Unpaved

Taxes

Tax Annual Amount9771.52
Tax Block5
Tax Legal DescriptionSANIBEL SHORES NO 1 BLK 5 PB 6 PG 7 LOT 10
Tax Year2025

Area Information

StateFL
CountyLee
CitySANIBEL
Zip Code33957
AreaSANIBEL SHORES
Community NameSANIBEL SHORES
Listing VS Median (in SANIBEL SHORES)
Price:
$750,000
low | high
Med:
$997,000
17.066666666667% of Average
sqft:
1,280
low | high
Med:
1,486
33.9453125% of Average
$ / sqft:
$586
low | high
Med:
$670
35.652053481128% of Average
On site:
167
low | high
Med:
449
37.193763919822% of Average
Sourced by Back At You

Market Activity 33957

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Learn More About This Property

Sue Cohen

Sue Cohen

Downing-Frye Realty

 (239) 273-8099sue@paradiseofnaples.com
StateFL
CountyLee
CitySANIBEL
Zip Code33957
AreaSANIBEL SHORES
Community NameSANIBEL SHORES
Listing VS Median (in SANIBEL SHORES)
Price:
$750,000
low | high
Med:
$997,000
17.066666666667% of Average
sqft:
1,280
low | high
Med:
1,486
33.9453125% of Average
$ / sqft:
$586
low | high
Med:
$670
35.652053481128% of Average
On site:
167
low | high
Med:
449
37.193763919822% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $562K - $937K
sqft: 960 - 1,500
Nearby Listings Property ImageNearby Listings Details
745 Cardium ST Property Photo 1
$649,000
745 Cardium St
Sanibel, FL 33957
736 Donax ST Property Photo 1
$625,000
736 Donax St
Sanibel, FL 33957
1012/1014 E Gulf DR Property Photo 1
$899,000
1012/1014 E Gulf Dr
Sanibel, FL 33957
Listing Updated: August 13, 2026 at 7:51:12 AM PDT