2480 Library WAY, Sanibel, FL 33957

• 3 beds |
• 3 baths |
• 1,972 sqft

Property Description

$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.

Listing Status:

Active

Date Added:

December 4, 2025

Data Last Updated:

May 17, 2026 at 7:09AM

Listing Office:

Royal Shell Real Estate, Inc. : (239) 472-0078

MLS ID:

2025019853

Interior

• General: BarDisability EquippedOtherPantrySmoke DetectorsVaulted Ceiling(s)Volume CeilingWheel Chair AccessWindow Coverings
• Kitchen: Gas AvailableIslandPantry
• Appliances: Gas CooktopDishwasherDisposalDryerMicrowaveRangeRefrigerator/FreezerWasherWater Treatment Owned
• Dining: Breakfast BarEat-in KitchenOther
• Laundry: Washer/Dryer HookupLaundry in Residence
• Flooring: Wood
• A/C: Ceiling Fan(s)Central ElectricGas - PropaneZoned
• Heating: Central ElectricPropaneZoned
• Disability Feature: Wheel Chair Access

Exterior

• General: Awning(s)BalconyOpen Porch/LanaiCourtyardOutdoor ShowerStorageStorageAbove GroundBelow GroundConcreteEquipment StaysHeated GasPool Integrated
• Style: FloridaMulti-Story HomeTraditionalSingle Family
• Pool: Pool/Spa ComboBelow GroundConcreteCustom UpgradesEquipment StaysGas HeatLapSee Remarks
• Parking: CoveredGuestLoad SpaceUnder Bldg ClosedAttachedParking spaces: 2

Construction

• Roofing: Metal
• Windows: Window Coverings
• General: Wood FrameStucco4Pillar/Post/Pier

Location

• Road/Access: Paved
• HOA Amenities: Bike And Jog PathSee Remarks0.0
• Originating MLS: Florida Gulf Coast
• County: Lee

Lot

• Zoning: TCL26-46-22-T2-0030C.0050
• View: Landscaped AreaPartial BayPreserveView
• Fencing: Fenced
• Restrictions: None/Other

Utilities

• Water: Central
• Sewer: Private Sewer

Financial

• Source: Florida Gulf Coast