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$1,595,000
3
Beds
3
Baths
1,972
Sqft
2480 Library Way, Sanibel, Florida, 33957
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MLS# 2025019853
$150K+ in potential gross income! Discover one of Sanibel's most
$1,595,000
2480 Library Way, Sanibel, Florida, 33957
3
Beds
3
Baths
1,972
Sqft
0.240
Acres
$1,595,000
2480 Library Way, Sanibel, Florida, 33957
3 Beds
3 Baths
1,972 Sqft
0.240 Acres
Accessibility Features
Accessible Approach with Ramp
$150K+ in potential gross income! Discover one of Sanibel's most unique mixed-use opportunities, a rare property that seamlessly combines residential living with a fully functional commercial space. Zoned TCL, this versatile setting is ideal for entrepreneurs, artists, boutique retail, a private gym or wellness studio with curated membership, or anyone seeking a flexible live-work lifestyle in the heart of the island. The craftsmanship is exceptional, featuring beautiful millwork, impact windows and doors, Hardie board siding, and Brazilian hardwood and composite decking for lasting durability and timeless appeal. Inside, four levels of thoughtfully designed living space offer excellent flow, vaulted ceilings, rich wood flooring, and abundant natural light throughout. The chef-inspired kitchen showcases Sub-Zero and Wolf appliances with beautifully designed, highly functional cabinetry. The fourth-floor VIP suite is truly remarkable, while the rooftop sun deck captures bay breezes and water glimpses. Outdoor living continues with a 40-foot heated saltwater pool and high-efficiency propane spa for year-round enjoyment. The approximately 500-square-foot commercial space features hardwood floors, expansive windows, a half bath, and handicap-accessible ramp - perfect for a boutique, studio, office, or customer-facing business. Beyond the commercial use, the residential component offers strong income potential, creating multiple revenue streams within one property. This is a great rental income investment and or 1031 Exchange property!All of this is set in a highly walkable location just steps from restaurants, shops, banks, the post office, beaches, bike paths, kayaking, and daily conveniences - a rare opportunity blending lifestyle, flexibility, quality, and compelling investment value in one of Sanibel's most desirable locations.
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Property Details
3 Beds
3 Baths
1,972 Sqft
Built in 1989
0.240 Acres
Special Needs, Covered, Open, Guest, Garage, Underground/Basement
Propane (Heating), Zoned, Natural Gas, Central, Electric (Heating)
Siding: Stucco, WoodFrame
Metal Roof
$7,837 Property Tax
PALM RIDGE Community
Lee County
2 Stories
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Location
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Ad Statistics
Ad Number
7035264
Viewed
51 times
Added
Dec 10, 2025
Updated on
Feb 20, 2026
Listing Information
Data Source
Florida Gulf Coast Multiple Listing Service, Inc.
Source Property ID
2025019853
Listing Agent: Michael McMurray, Royal Shell Real Estate, Inc., 239-850-7888, 239-472-0078 Listing Site, Listing Status: Active
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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