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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 perfect for entrepreneurs, artists, or even someone envisioning a small private gym or wellness studio with curated membership, as well as anyone seeking a flexible live-work lifestyle in the heart of the island. The craftsmanship is superb, with beautiful millwork, all impact windows and doors, Hardie board siding, and Brazilian hardwood and composite decking for lasting durability and timeless appeal. The inside features four levels of separate but inviting living space with excellent flow, enhanced by vaulted ceilings, rich wood flooring, and abundant natural light throughout. The chef-inspired kitchen offers Sub-Zero and Wolf appliances with beautifully designed, highly functional cabinetry. On the fourth floor, you’ll find a VIP suite that is genuinely to die for, while the rooftop sun deck provides breezes and glimpses of the bay. Outdoor living continues with a 40-foot heated saltwater pool and a high-efficiency propane spa for year-round enjoyment. The approx. 500 sq. ft. commercial space includes hardwood floors, large windows, a half bath, and a handicap-accessible ramp, ideal for a boutique, studio, private gym, office, or any customer-facing business. And beyond the commercial opportunity, the residential component also offers strong income potential, allowing for multiple income streams across both sides of the property. All of this is set within a highly walkable location, steps from restaurants, shops, banks, the post office, beaches, bike paths, kayacking and everyday conveniences. A truly exceptional offering that blends lifestyle, quality, flexibility, and investment value in one of Sanibel’s most desirable pockets.
Property Details
Price: $1,750,000
Sq Ft: 1,972
($887 per sqft)
Bedrooms: 3
Bathrooms: 3
City: Sanibel
County: Lee
Type: Single Family
Development: Palm Ridge
Acres: 0.24
Virtual Tour/Floorplan:
View
Year Built: 1989
Listing Number: 2025019853
Status Code: A-Active
Taxes: $7,837.12
Tax Year: 2024
Garage:
2
/
Attached
Furnishings: Furnished
Pets Allowed: Yes
Interior Features:
Bar
Volume Ceiling
Wheel Chair Access
Window Coverings
Disability Equipped
Other
Pantry
Smoke Detectors
Vaulted Ceiling(s)
Amenities:
Bike And Jog Path
See Remarks
Financial Information:
Taxes: $7,837.12
Tax Year: 2024
Exterior Features:
Awning(s)
Open Porch/Lanai
Balcony
Courtyard
Outdoor Shower
Storage
Equipment:
Refrigerator/Freezer
Smoke Detector
Washer
Washer/Dryer Hookup
Water Treatment Owned
Cooktop - Gas
Dishwasher
Disposal
Dryer
Microwave
Range
Auto Garage Door
View:
Landscaped Area
Partial Bay
Preserve
Additional Information:
Building Design: Single Family
Community Type: No Subdivision, Non-Gated
MLS Area: Si01 - Sanibel Island
Price per Square Feet: $887.42
Total Floors: 4
Water: Central
Construction: Wood Frame, Stucco
Foreclosure: No
Short Sale: No
Date Listed: 2025-12-04 00:00:00
Pool: Yes
Pool Type: Pool/Spa Combo, Below Ground, Concrete, Custom Upgrades, Equipment Stays, G
Pool Description: Pool/Spa Combo, Below Ground, Concrete, Custom Upgrades, Equipment Stays, Gas Heat, Lap, See Remarks
Private Spa: Yes
Furnished: Furnished
Kitchen Description: Gas Available, Island, Pantry
Windows: Window Coverings
Parking: Covered, Guest, Load Space, Under Bldg Closed, Attached
Garage Description: Attached
Garage Spaces: 2
Flooring: Wood
Roof: Metal
Heating: Central Electric, Propane, Zoned
Cooling: Ceiling Fan(S), Central Electric, Gas - Propane, Zoned
Fireplace: No
Storm Protection: Impact Resistant Doors, Impact Resistant Windows
Security: Smoke Detector(S)
Laundry: Washer/Dryer Hookup, Laun
Irrigation: Central, None
55+ Community: No
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