2480 Library Way, Sanibel, FL 33957
$1,595,000 - For Sale
Property Details
Price: $1,595,000
Sq Ft: 1,972
($809 per sqft)
Bedrooms: 3
Bathrooms: 3
City:Sanibel
County:Lee
Type:Single Family
Development:Palm Ridge
Subdivision:Palm Ridge
Acres:0.2400
Virtual Tour/Floorplan:View
Year Built:1989
Listing Number:2025019853
Status Code:A-Active
Taxes:$7,837.12
Tax Year: 2024
Garage: 2
/ Y
Furnishings: Furnished
Pets Allowed: Yes
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Equipment:
Gas Cooktop
Dishwasher
Disposal
Dryer
Microwave
Range
Refrigerator/ Freezer
Washer
Water Treatment Owned
Interior Features:
Bar
Disability Equipped
Other
Pantry
Smoke Detectors
Vaulted Ceiling(s)
Volume Ceiling
Wheel Chair Access
Window Coverings
Exterior Features:
Awning(s)
Balcony
Open Porch/ Lanai
Courtyard
Outdoor Shower
Storage
View:
Y
Waterfront Description:
None
Amenities:
Bike And Jog Path
See Remarks
Financial Information:
Taxes: $7,837.12
Tax Year: 2024
Room Dimensions:
Laundry: Washer/ Dryer Hookup, Laundry in Residence
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View Virtual Tour
$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.
Building Description: Florida, Multi- Story Home, Traditional, Single Family
Community Type: No Subdivision, Non- Gated
MLS Area: Palm Ridge
Total Square Footage: 3,181
Total Floors: 4
Water: Central
Construction: Wood Frame, Stucco
Date Listed: 2025-12-04 00:00:00
Pool: Y
Pool Description: Pool/ Spa Combo, Below Ground, Concrete, Custom Upgrades, Equipment Stays, Gas Heat, Lap, See Remarks
Private Spa: Y
Furnished: Furnished
Kitchen Description: Gas Available, Island, Pantry
Windows: Window Coverings
Parking: Covered, Guest, Load Space, Under Bldg Closed, Attached
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Flooring: Wood
Roof: Metal
Heating: Central Electric, Propane, Zoned
Cooling: Ceiling Fan(S), Central Electric, Gas - Propane, Zoned
Storm Protection: Impact Resistant Doors, Impact Resistant Windows
Security: Smoke Detector(S)
Laundry: Washer/ Dryer Hookup, Laundry In Residence
Irrigation: Central, None
Pets: Yes
Restrictions: None/ Other
Maintenance: None
Rear Exposure: E
Sewer: Private Sewer
Lot Desc.: Regular
Amenities: Bike And Jog Path, See Remarks
Listing Courtesy Of: Royal Shell Real Estate, Inc.
mike@mcmurrayandmembers.com
$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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Additional Information:
Building Description: Florida, Multi- Story Home, Traditional, Single Family
Community Type: No Subdivision, Non- Gated
MLS Area: Palm Ridge
Total Square Footage: 3,181
Total Floors: 4
Water: Central
Construction: Wood Frame, Stucco
Date Listed: 2025-12-04 00:00:00
Pool: Y
Pool Description: Pool/ Spa Combo, Below Ground, Concrete, Custom Upgrades, Equipment Stays, Gas Heat, Lap, See Remarks
Private Spa: Y
Furnished: Furnished
Kitchen Description: Gas Available, Island, Pantry
Windows: Window Coverings
Parking: Covered, Guest, Load Space, Under Bldg Closed, Attached
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Flooring: Wood
Roof: Metal
Heating: Central Electric, Propane, Zoned
Cooling: Ceiling Fan(S), Central Electric, Gas - Propane, Zoned
Storm Protection: Impact Resistant Doors, Impact Resistant Windows
Security: Smoke Detector(S)
Laundry: Washer/ Dryer Hookup, Laundry In Residence
Irrigation: Central, None
Pets: Yes
Restrictions: None/ Other
Maintenance: None
Rear Exposure: E
Sewer: Private Sewer
Lot Desc.: Regular
Amenities: Bike And Jog Path, See Remarks
Map of 2480 Library Way, Sanibel, FL 33957
Listing Courtesy Of: Royal Shell Real Estate, Inc.
mike@mcmurrayandmembers.com
WORK WITH KERRI THEISEN REALTY
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Location
10288 Sago Palm Way
Fort Myers, FL 33966
Contact
KERRI THEISEN REALTY
239-887-7631
The data relating to real estate for sale on this Website comes in part from the Broker Reciprocity Program (BR Program) of these sources: M.L.S. of Naples, Inc., Bonita Springs-Estero Association of REALTORS®, Southwest Florida MLS (Gulf Coast), My Florida Regional MLS DBA Stellar MLS, Sanibel and Captiva Island Association of Realtors®. Properties listed with brokerage firms other than Featured Home Listings are marked with the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The data is updated every 4 hours, but can be influenced by delays from various real estate companies entering data in MLS. Some properties that appear for sale on this website may subsequently have sold or may otherwise no longer be available. All properties are subject to price or other changes without notice. For the most current information, please contact us using this form, or click on the "Request Info or Appointment" button on the search results and detailed property pages.
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