# 2430 Palm Ridge Road #2426, Sanibel, FL 33957 > **TL;DR:** commercial, $2,989,000, built 1972. > Waterfront, A/C. Est. $15,986/mo. Listed 114 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $2,989,000 | | Year Built | 1972 | | Lot Size | 43,124 sqft (0.99 acres) | | Stories | 2 | | Property Type | Commercial (Office) | | Status | Active | | Days on Market | 114 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $15,114 | | Estimated Insurance | $872 | | **Total** | **$15,986** | ## Key Amenities - Waterfront - A/C ## Property Highlights - Built in 1972 - 0.99 acre lot - 2 stories - Waterfront ## Description ### Agent Description Exceptional mixed-use investment opportunity in the heart of Sanibel Island's Town Center Commercial District.Situated on highly traveled Palm Ridge Road, this unique property offers outstanding visibility, a consistent incomehistory, and the rare combination of commercial frontage with scenic lake views and tropical wildlife surroundings.The property consists of three buildings featuring seven remodeled residential apartments and six establishedcommercial units, along with two separate garage/storage rentals providing additional income. Several residentialunits enjoy peaceful lake views, enhancing tenant appeal. The residential component includes seven bedrooms andseven bathrooms, while the 6 commercial spaces are equipped with eight half-bathrooms, allowing for flexibleconfigurations suited to professional, retail, service, or live-work uses. This asset has a proven track record as anincome-producing property and has previously been utilized by the City of Sanibel, underscoring its versatility andlong-term value within the community. Ideally positioned with convenient access to Captiva and all areas of Sanibel,the property is located within one of the island's most established and desirable commercial corridors. Occupancyhas remained consistently strong, with all commercial units currently leased and all but one residential unit occupied.Detailed rent rolls and financials are available to qualified buyers. For investors seeking to be part of the early stagesof Sanibel and Captiva's resurgence, this property offers a rare opportunity to acquire a stabilized, income-producingasset while positioning for the next chapter of growth, revitalization, and long-term appreciation in one of SouthwestFlorida's most iconic island markets. ## Location - **Address:** 2430 Palm Ridge Road #2426, Sanibel, FL 33957 - **County:** Lee - **Coordinates:** 26.439655, -82.078188 - **Google Maps:** https://www.google.com/maps?q=26.439655,-82.078188 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/fgcmls/2026018701 ## Listing Agent - **Name:** Michael McMurray · **License:** 280500145 - **Brokerage:** Royal Shell Real Estate, Inc. - **Broker Phone:** (239) 689-7653 ## Photos ![2430 Palm Ridge Road #2426 - Photo 1](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f2467058139r.jpg) ![2430 Palm Ridge Road #2426 - Photo 2](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f1777291936r.jpg) ![2430 Palm Ridge Road #2426 - Photo 3](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f869151704r.jpg) ![2430 Palm Ridge Road #2426 - Photo 4](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f2040825612r.jpg) ![2430 Palm Ridge Road #2426 - Photo 5](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f1563771067r.jpg) ![2430 Palm Ridge Road #2426 - Photo 6](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f3927967163r.jpg) ![2430 Palm Ridge Road #2426 - Photo 7](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f1706127118r.jpg) ![2430 Palm Ridge Road #2426 - Photo 8](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f588523086r.jpg) ![2430 Palm Ridge Road #2426 - Photo 9](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f2243210553r.jpg) ![2430 Palm Ridge Road #2426 - Photo 10](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f2869571394r.jpg) ![2430 Palm Ridge Road #2426 - Photo 11](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f3536057443r.jpg) ![2430 Palm Ridge Road #2426 - Photo 12](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f3488172676r.jpg) ![2430 Palm Ridge Road #2426 - Photo 13](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f4100869238r.jpg) ![2430 Palm Ridge Road #2426 - Photo 14](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f2598835791r.jpg) ![2430 Palm Ridge Road #2426 - Photo 15](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f509587871r.jpg) ![2430 Palm Ridge Road #2426 - Photo 16](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f916026273r.jpg) ![2430 Palm Ridge Road #2426 - Photo 17](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f228044457r.jpg) ![2430 Palm Ridge Road #2426 - Photo 18](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f1723125415r.jpg) ![2430 Palm Ridge Road #2426 - Photo 19](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f2946341570r.jpg) ![2430 Palm Ridge Road #2426 - Photo 20](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f42986677r.jpg) ![2430 Palm Ridge Road #2426 - Photo 21](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f2211663698r.jpg) ![2430 Palm Ridge Road #2426 - Photo 22](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f1194939645r.jpg) ![2430 Palm Ridge Road #2426 - Photo 23](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f2522498602r.jpg) ![2430 Palm Ridge Road #2426 - Photo 24](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f4123765523r.jpg) ![2430 Palm Ridge Road #2426 - Photo 25](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f2620072412r.jpg) ![2430 Palm Ridge Road #2426 - Photo 26](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f785648071r.jpg) ![2430 Palm Ridge Road #2426 - Photo 27](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f2129279575r.jpg) ![2430 Palm Ridge Road #2426 - Photo 28](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f3789595612r.jpg) ![2430 Palm Ridge Road #2426 - Photo 29](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f1581608144r.jpg) ![2430 Palm Ridge Road #2426 - Photo 30](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f800847777r.jpg) ![2430 Palm Ridge Road #2426 - Photo 31](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f4151192375r.jpg) ![2430 Palm Ridge Road #2426 - Photo 32](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f3251204777r.jpg) ![2430 Palm Ridge Road #2426 - Photo 33](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f2266461658r.jpg) ![2430 Palm Ridge Road #2426 - Photo 34](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f396229633r.jpg) ![2430 Palm Ridge Road #2426 - Photo 35](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f249717501r.jpg) ![2430 Palm Ridge Road #2426 - Photo 36](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f2700184563r.jpg) ![2430 Palm Ridge Road #2426 - Photo 37](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f1369365437r.jpg) ![2430 Palm Ridge Road #2426 - Photo 38](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f2104113005r.jpg) ![2430 Palm Ridge Road #2426 - Photo 39](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f2666637230r.jpg) ![2430 Palm Ridge Road #2426 - Photo 40](http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f3520776181r.jpg) --- **MLS#:** 2026018701 | **Updated:** 2026-10-20 **Source:** listhub *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.* [View on PropertySimple](https://staging.propertysimple.ai/listing/2430-palm-ridge-road-sanibel-fl-33957-b8c533f0f59c4ff6813013dfd07d4062) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/2430-palm-ridge-road-sanibel-fl-33957-b8c533f0f59c4ff6813013dfd07d4062#listing", "url": "https://staging.propertysimple.ai/listing/2430-palm-ridge-road-sanibel-fl-33957-b8c533f0f59c4ff6813013dfd07d4062", "name": "2430 Palm Ridge Road #2426, Sanibel, FL 33957", "description": "Exceptional mixed-use investment opportunity in the heart of Sanibel Island's Town Center Commercial District.Situated on highly traveled Palm Ridge Road, this unique property offers outstanding visibility, a consistent incomehistory, and the rare combination of commercial frontage with scenic lake views and tropical wildlife surroundings.The property consists of three buildings featuring seven remodeled residential apartments and six establishedcommercial units, along with two separate garage/storage rentals providing additional income. Several residentialunits enjoy peaceful lake views, enhancing tenant appeal. The residential component includes seven bedrooms andseven bathrooms, while the 6 commercial spaces are equipped with eight half-bathrooms, allowing for flexibleconfigurations suited to professional, retail, service, or live-work uses. This asset has a proven track record as anincome-producing property and has previously been utilized by the City of Sanibel, underscoring its versatility andlong-term value within the community. Ideally positioned with convenient access to Captiva and all areas of Sanibel,the property is located within one of the island's most established and desirable commercial corridors. Occupancyhas remained consistently strong, with all commercial units currently leased and all but one residential unit occupied.Detailed rent rolls and financials are available to qualified buyers. For investors seeking to be part of the early stagesof Sanibel and Captiva's resurgence, this property offers a rare opportunity to acquire a stabilized, income-producingasset while positioning for the next chapter of growth, revitalization, and long-term appreciation in one of SouthwestFlorida's most iconic island markets.", "image": [ "http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f2467058139r.jpg", "http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f1777291936r.jpg", "http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f869151704r.jpg", "http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f2040825612r.jpg", "http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f1563771067r.jpg", "http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f3927967163r.jpg", "http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f1706127118r.jpg", "http://lh.rdcpix.com/289ab0dbbc9042983d883c9a8897fd7dl-f588523086r.jpg", 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