$900,000

746 Cardium ST, Sanibel, FL 33957

4 beds |
2 baths |
1,280 sqft

Single-Family Home
Built in 1970
10,411sqft lot
—— car garage
$703/sqft
Listed 9 days ago

Property Description

Less than a Five-Minute Walk to the Beach — Charming Coastal Investment Opportunity on Sanibel! Welcome to 746 Cardium Street, where the best of beachside living meets exceptional investment potential. Located less than a five-minute walk to one of Sanibel Island’s most renowned beaches, this unique multi-family property offers the perfect blend of lifestyle and income opportunity. The beautifully maintained property features two charming beach cottages, each offering 2 bedrooms and 1 bathroom, with a combined 1,280 square feet of living space under air. Immaculately kept, the living areas experienced no flood damage, providing added peace of mind. The property also features a new roof installed in 2023, adding additional value and durability. Whether you choose to live in one unit while renting the other, or lease both to maximize rental income, the flexibility makes this property ideal for investors or those seeking their own island retreat with income potential. Perfectly positioned just off Periwinkle Way and Donax Road, the property offers easy beach access just a short stroll away. Nearby Middle Gulf Drive provides convenient access to local shopping, dining, and island attractions. Each elevated cottage includes a private screened lanai, expansive decking, and dedicated storage space for all your island gear. The generous lot also offers room for the potential addition of a private pool, further enhancing the outdoor living experience. These inviting cottages are ideal for a personal island getaway, seasonal escape, or a thriving vacation rental investment. Don’t miss this rare opportunity to own a slice of paradise on Sanibel Island.

Listing Status:: Active
Date Added:: March 9, 2026
Data Last Updated:: March 18, 2026 at 10:08PM
Listing Office:: Keller Williams Realty Fort Myers : (239) 236-4350
MLS ID:: 2026011777

Appliances: DishwasherDryerMicrowaveRangeRefrigeratorWasher
Dining: Breakfast BarDining - Living
Flooring: TileVinyl
A/C: Central Electric
Heating: Central Electric

General: Screened Lanai/PorchOutdoor ShowerStorageStorage
Style: DuplexSingle Family
Parking: Driveway UnpavedParking spaces: 0

Roofing: Shingle
General: Wood FrameVinyl SidingWood Siding1

HOA Amenities: 0.0
Originating MLS: Florida Gulf Coast
County: Lee

Zoning: 30-46-23-T2-00305.0100
View: Landscaped AreaView
Restrictions: None

Water: Central

Source: Florida Gulf Coast

This listing courtesy of Keller Williams Realty Fort Myers

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

The Sanibel School

3840 Sanibel Captiva Rd, Sanibel, FL, 33957

Grades KG-8

4.46 miles away

The Sanibel School

3840 Sanibel Captiva Rd, Sanibel, FL, 33957

Grades KG-8

4.46 miles away

Oasis Charter High School

3519 Oasis Blvd, Cape Coral, FL, 33914

Grades 9-12

10.32 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.