Property Attributes
- MLS#2026011777
- TypeSingle Family
- Listing Status Pending With Contingencies
- CountyLee
- CitySANIBEL
- AreaSANIBEL SHORES
- NeighborhoodSANIBEL SHORES
- Zip33957
- Style
- Year Built1970
- Taxes$ 9771
- Price$ 750,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1280
- Lot Size0.239 Acres
Data Source:
Southwest Florida MLS Datashare
Property 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 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 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 this—an elevated, storm-resilient, multi-family property in such a prime Sanibel location—are few and far between. Don’t miss your chance to own a true slice of island paradise.
| Price History | |
|---|---|
| 5/30/2026 | Listed $800,000 |
| 6/27/2026 | 6$750,000 |
General Features
| Living Area | 1280 |
|---|---|
| Heating | Central Electric |
| Cooling | Central Electric |
| Roof | Shingle |
| Appliances | Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer |
| Patio/Porch Features | Deck,Patio |
| Architectural Style | Duplex,Single Family |
| Construction Materials | Wood Frame,Vinyl Siding,Wood Siding |
| Pets Allowed | Yes |
| Year Built | 1970 |
| View | Landscaped Area |
| Levels | 1 |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Parcel Number | 30-46-23-T2-00305.0100 |
| Waterfront Features | None |
| County | Lee |
| New Construction | false |
| Property Type | Residential |
| Association Amenities | None |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | SANIBEL SHORES |
| Garage Y/N | false |
| Building Features | DSL/Cable Available |
| Other Structures | Storage |
| Full Baths | 2 |
| Status | Pending With Contingencies |
| ModificationTimestamp | 2026-08-13T12:15:19.707Z |
| City | SANIBEL |
| Senior Community Y/N | false |
| Number Of Units Total | 2 |
| MLS Area | SANIBEL SHORES |
| Lot Size Units | Acres |
| Lot Size Square Feet | 10411 |
| Carport Y/N | false |
| Tax Annual Amount | 9771.52 |
| Ok to Lease | Buyer Finance/Cash |
| Structure Type | Duplex,House |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Pending |
| Virtual Tour | https://lacasatour.com/property/746-cardium-st-sanibel-fl-33957/ub |
| Freehold | IDX |
| Gulf Access | false |
| Leases Per Year | 12 |
| Boat Access Type | None |
| Golf Type | No Golf Available |
| Community Type | Non-Gated |
Interior Features
| Flooring | Tile,Vinyl |
|---|---|
| Furnished Y/N | Furnished |
| Total Stories | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Total Bedrooms | 4 |
| Total Baths | 2 |
| Dining Room Features | Breakfast Bar,Dining - Living |
| Elevator | None |
Exterior Features
| Exterior Amenities | Screened Lanai/Porch,Outdoor Shower,Storage |
|---|---|
| Parking Features | Driveway Unpaved |
| Lot Features | Regular |
| Water Source | Central |
| Lot Size Area | 0.239 |
| Park Name | SANIBEL SHORES |
| Spa | false |
| Building Area Total | 1280 |
| Lot Size Acres | 0.239 |
| Private Pool | false |
| Waterfront Y/N | false |
| Horse Y/N | false |
| Rear Exposure | E |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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