17501 Harbour Pointe Drive

Highlights:

• Given the unique location, profitability will be ramping up as the completion of hurricane recovery projects on Sanibel, the Causeways, and the Punta Rossa boat ramp.
• Unparalleled views that create an inviting and scenic atmosphere driving visitors and locals to the property.
• The location is a magnet for visitors en-route to and from Sanibel Island, ensuring a steady flow of potential customers.
• Convenient accommodation options for business clients and visitors, enhancing the building’s appeal and accessibility.
• The property features elevator for handicap accessibility, pull down shutters for quick protection from pop-up storms, and extensive parking.

Description:

Invest in a property that not only offers a beautiful waterfront setting but also promises strong income potential and a resilient structure. Seize this unique opportunity to own a prime commercial property in a highly sought-after location. Property only—no business operations included. Enjoy hassle-free ownership. Restaurant has been in business since December 1, 2017, with the current initial 10-year lease expiring November 30, 2027, with 3, 5-year renewal options available. Potential for significant income from current tenant Bimini Bait Shack. Income percentage-based lease in place with a 6% rate up to 4 million and 6.5% on anything over. The on-site Bait Shack can generate a lucrative monthly income of $4,000 or more. The scheduled opening coincides with the reopening of the Punta Rossa boat ramp Q3 of 2025.

*9.04% CAP based off Pro-Forma

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