1220 Morningside Place, Sanibel, FL 33957

Sanibel
Local realty services provided by:ERA Real Solutions Realty
1220 Morningside Place,Sanibel, FL 33957
$2,999,000
Virtual Tour
  • 6 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tiffany burns, jeffrey burns
Office: premier sotheby's int'l realty
MLS#:2026046138
Source:FL_GFMB

Price summary

  • Price:$2,999,000

About this home

**EXCEPTIONAL REDEVELOPMENT OPPORTUNITY ON SANIBEL’S EAST END!** Situated on over an acre of lush tropical grounds just a short stroll from the beach, The Palms of Sanibel presents a rare opportunity for investors, developers, or buyers seeking a distinctive island retreat. With an allocated residential density of 2.2 dwelling units per acre and a minimum lot size of 10,000 square feet under F-Mid Island Ridge zoning, the property offers the potential for subdivision into three residential homesites or a thoughtfully designed cluster development, subject to applicable approvals. Whether creating three individual island residences, a private family compound, or reimagining the existing hospitality use, the possibilities make this an especially compelling offering. For those seeking an income-producing investment, The Palms of Sanibel offers an entirely different opportunity. This charming boutique inn is perfectly positioned to become a sought-after Airbnb-style vacation rental...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1958
  • Subdivision & Development:METES AND BOUNDS
  • Listing ID #:2026046138
  • Added:3 day(s) ago
  • Updated:November 07, 2026 at 04:11 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:5
  • Full bathrooms:5
  • Flooring:Tile, Wood

Heating and cooling

  • Cooling:Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1958
  • Lot area:1.16 Acres
  • Construction Materials:Wood Frame, Wood Siding
  • Exterior Features:Deck

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,999,000
  • Tax amount:$20,444 (2024)

Features and amenities

  • Amenities:Pool
  • Pool features:Community, In Ground, Pool
The source of the information about real property available for sale or rent is the copyrighted and proprietary database of the Florida Gulf Coast Multiple Listing Service, Inc.. Copyright 2026 Florida Gulf Coast Multiple Listing Service, Inc.; all rights reserved. The data is provided by the IDX Program, and the Information is Deemed Reliable But Not Guaranteed.

New listings near 1220 Morningside Place