2480 Library Way, Sanibel, FL 33957
Local realty services provided by:CENTURY 21 Selling Paradise
Listed by: michael mcmurray
Office: royal shell real estate, inc.
MLS#:2025019853
Source:FL_GFMB
Price summary
- Price:$1,595,000
- Price per sq. ft.:$501.41
About this home
$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....
Contact an agent
Home facts
- Year built:1989
- Listing ID #:2025019853
- Added:144 day(s) ago
- Updated:April 28, 2026 at 02:45 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Wood
- Kitchen Description:Dishwasher, Disposal, Freezer, Gas Cooktop, Microwave, Pantry, Range, Refrigerator
- Living area:1,972 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric, Gas, Zoned
- Heating:Central, Electric, Gas, Propane, Zoned
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1989
- Building area:1,972 sq. ft.
- Architectural Style:Florida, MultiLevel, Traditional, Two Story
- Construction Materials:Stucco, Wood Frame
- Exterior Features:Awnings, Balcony, Courtyard, Deck, Fence, Open, Outdoor Shower, Patio, Porch, Security High Impact Doors, Sprinkler Irrigation, Storage
- Foundation Description:Pillar Post Pier
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Private Sewer, Public Sewer
Finances and disclosures
- Price:$1,595,000
- Price per sq. ft.:$501.41
- Tax amount:$7,837 (2024)
Features and amenities
- Laundry features:Dryer, Dryer Hookup, Inside, Washer
- Amenities:Bar, Pantry
- Pool features:Concrete, Gas Heat, Heated, In Ground, Lap, Pool Equipment, Pool Spa Combo
Parking
- Parking description:Attached, Covered, Garage, Garage Door Opener, Guest, Handicap, Two Spaces, Underground
- Garage:Yes
- Garage spaces:2
New listings near 2480 Library Way
- New
$1,190,000Active3 beds 2 baths1,563 sq. ft.207 Daniel Drive, Sanibel, FL 33957
MLS# 2026019271Listed by: MCCALLION AND MCCALLION - New
$1,250,000Active4 beds 3 baths1,857 sq. ft.1040 Kings Crown Drive, Sanibel, FL 33957
MLS# 2026019235Listed by: MJ NEWELL REALTY LLC - New
$1,399,000Active3 beds 3 baths1,536 sq. ft.2499 Harbour Lane, Sanibel, FL 33957
MLS# 2026019065Listed by: JOHN R. WOOD PROPERTIES - New
$899,000Active3 beds 2 baths1,504 sq. ft.1410 Sand Castle Road, Sanibel, FL 33957
MLS# 2026019038Listed by: RE/MAX REALTY GROUP - New
$949,000Active2 beds 3 baths1,608 sq. ft.760 Sextant Drive #622, Sanibel, FL 33957
MLS# 2026018230Listed by: PFEIFER REALTY GROUP LLC - New
$1,375,000Active4 beds 3 baths2,515 sq. ft.1251 Par View Drive, Sanibel, FL 33957
MLS# 2026018843Listed by: ROYAL SHELL REAL ESTATE, INC. - New
$485,000Active0 Acres9436 Beverly Lane, Sanibel, FL 33957
MLS# 2026018591Listed by: LONDON FOSTER REALTY - New
$699,000Active2 beds 2 baths1,680 sq. ft.1340 Middle Gulf Drive #8A, Sanibel, FL 33957
MLS# 2026018534Listed by: MCCALLION AND MCCALLION - New
$550,000Active1 beds 1 baths612 sq. ft.845 E Gulf Drive #1441, Sanibel, FL 33957
MLS# 2026016407Listed by: PFEIFER REALTY GROUP LLC - New
$1,379,000Active3 beds 3 baths2,808 sq. ft.246 Christofer Court, Sanibel, FL 33957
MLS# 2026017866Listed by: JOHN GEE & COMPANY, INC.