Sanibel, FL 33957 2480 Library Way
$1,595,000



45 more













































Presented By: Royal Shell Real Estate, Inc.
Home Details
$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.
Presented By: Royal Shell Real Estate, Inc.
Interior Features for 2480 Library Way
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths3
Other Interior Features
LivingAreaSourceAppraiser
Air Conditioning Y/NYes
FlooringWood
Furnished Y/NFurnished
Heating Y/NYes
Interior AmenitiesBreakfast Bar, Bathtub, Dual Sinks, Eat-in Kitchen, Handicap Access, High Ceilings, Kitchen Island, Other, Pantry, Sitting Area in Primary, See Remarks, Separate Shower, Upper Level Primary, Vaulted Ceiling(s), Bar, Window Treatments, Split Bedrooms, Workshop
Laundry FeaturesWasher Hookup, Dryer Hookup, Inside
Total Stories4
Window FeaturesJalousie, Sliding, Impact Glass, Window Coverings
Other Rooms
Room TypeBathroom, Exercise Room, Guest Quarters, Other, Recreation, Workshop, Great Room
General for 2480 Library Way
AccessibilityWheelchair Access
AppliancesDryer, Dishwasher, Freezer, Gas Cooktop, Disposal, Microwave, Range, Refrigerator, Water Purifier, Washer
Architectural StyleFlorida, Multi-Level, Other, Two Story, See Remarks, Traditional
Association AmenitiesSee Remarks, Trail(s)
Association Fee IncludesNone
Attached Garage Yes
Carport Spaces
Carport Y/NNo
CitySanibel
Community FeaturesNon-Gated, None
Construction MaterialsOther, Stucco, Wood Frame
CoolingCentral Air, Ceiling Fan(s), Electric, Gas, Zoned
CountyLee
DisclosuresDeed Restriction, Owner Has Flood Insurance
Facing DirectionWest
Full Baths3
Garage Spaces2
Garage Y/NYes
HOANo
HOA Fee$
HOA Fee 2
HOA Fee 3
HeatingCentral, Electric, Gas, Propane, Zoned
Land Lease Amount
Legal DescriptionPALM RIDGE RE-SUB BLK C PB 28 PG 55 LOT 5
LevelsTwo
Lot Size UnitsAcres
MLS AreaSI01 - Sanibel Island
OwnershipSingle Family
Patio/Porch FeaturesBalcony, Deck, Open, Patio, Porch
Pets AllowedYes
Pool FeaturesConcrete, Gas Heat, Heated, In Ground, Lap, Pool Equipment, See Remarks, Pool/Spa Combo
PossessionClose Of Escrow, Negotiable
PostalCitySanibel
Property ConditionResale
Property Sub Type AdditionalSingle Family Residence
Property SubtypeSingle Family Residence
Property TypeResidential
RoofMetal
Security FeaturesBurglar Alarm (Monitored), Security System, Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer, Private Sewer
Spa FeaturesAbove Ground, Gas Heat, Gunite, In Ground
Standard StatusActive
StatusActive
Stories Count2
Subdivision NamePALM RIDGE
Tax Annual Amount7837.12
Tax Lot5
Tax Year2024
UtilitiesCable Not Available, Natural Gas Available, High Speed Internet Available
ViewBay, Landscaped, Preserve, Partial
Virtual TourClick here
Waterfront FeaturesNone
Year Built1989
Zoning DescriptionTCL
Exterior for 2480 Library Way
Building Area Total3181
Covered Spaces2
Exterior AmenitiesCourtyard, Deck, Fence, Security/High Impact Doors, Sprinkler/Irrigation, Outdoor Shower, Other, Patio, Storage, Awning(s)
Foundation DetailsPillar/Post/Pier, Raised
Lot Dimensions84 x 124 x 81 x 124
Lot FeaturesRectangular Lot, Sprinklers Automatic
Lot Size Acres0.24
Lot Size Area0.24
Lot Size SourceAppraiser
LotDimensionsSourceAppraiser
Parking FeaturesAttached, Covered, Underground, Garage, Guest, Handicap, Two Spaces, Garage Door Opener
Private PoolYes
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved
SpaYes
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Noelia Peralta
Realtor®
SQFT • 1,972