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 Islands 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 areasproviding valuable peace of mind in todays 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, youll 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 insuch a prime Sanibel locationare few and far between. Dont miss your chance to own a true slice of island paradise.
MLS# 2026011777
Interior Features
Appliances: Refrigerator, Washer, Dishwasher, Dryer, Microwave, Range
Cooling: Central Electric
Heating: Central Electric
Flooring: Tile, Vinyl
Furnished?: Furnished
Misc Interior: Florida Room, Wired for Data
Exterior/Building Features
Acres: 0.239
Building Name: SANIBEL SHORES
Community Features: None, Non-Gated
Construction Materials: Elevated, Wood Frame, Vinyl Siding, Wood Siding
Garage Spaces: 0
Levels:
Parking Features: Driveway Unpaved
Security Features:
Other Exterior: Outdoor Shower, Room for Pool, Storage