2480 Library Way Sanibel, FL 33957
For Sale MLS# 2025019853
3 beds 3 baths 1,972 sq ft Single Family
Details for 2480 Library Way
MLS# 2025019853
Description for 2480 Library Way, Sanibel, FL, 33957
$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.
Listing Information
Property Type: Residential, Single Family Residence
Status: Active
Bedrooms: 3
Bathrooms: 3
Lot Size: 0.24 Acres
Square Feet: 1,972 sq ft
Year Built: 1989
Garage: Yes
Stories: 2 Story
Construction: Other,Stucco,Wood Frame
Subdivision: Palm Ridge
Foundation: Pillar/Post/Pier,Raised
Furnished: Yes
County: Lee
Days On Market: 98
Construction Status: Resale
Room Information
Bathrooms
Full Baths: 3
Additonal Room Information
Laundry: Washer Hookup, Inside, Dryer Hookup
Interior Features
Appliances: Microwave, Freezer, Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer, Water Purifier, Gas Cooktop
Flooring: Wood
Doors/Windows: Jalousie, Impact Glass, Sliding, Window Coverings
Accessibility: Wheelchair Access
Additional Interior Features: Other, Dual Sinks, Sitting Area in Primary, Upper Level Primary, Window Treatments, Eat-In Kitchen, Pantry, Vaulted Ceiling(s), Workshop, Bar, Bathtub, Breakfast Bar, Kitchen Island, Split Bedrooms, See Remarks, Handicap Access, High Ceilings, Separate Shower
Utilities
Water: Public
Sewer: Private Sewer, Public Sewer
Other Utilities: Cable Not Available,Natural Gas Available,High Speed Internet Available
Cooling: Zoned, Ceiling Fan(s), Electric, Central Air, Gas
Heating: Propane, Central, Electric, Gas, Zoned
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 2
Parking Description: Underground, Guest, Handicap, Garage Door Opener, Covered, Attached, Garage, Two Spaces
Roof: Metal
Pool: Pool Equipment, Pool/Spa Combo, In Ground, Gas Heat, See Remarks, Concrete, Heated, Lap
Lot View: Bay,Landscaped,Preserve,Partial
Lot Dimensions: 84 x 124 x 81 x 124
Zoning: TCL
Additional Exterior/Lot Features: Security/High Impact Doors, Outdoor Shower, Fence, Courtyard, Awning(s), Patio, Storage, Deck, Other, Sprinkler/Irrigation, Deck, Balcony, Patio, Porch, Open, Rectangular Lot, Sprinklers Automatic
Community Features
Community Features: None, Non-Gated
Security Features: Smoke Detector(s), Security System, Burglar Alarm (Monitored)
Association Amenities: Trail(s), See Remarks
Financial Considerations
Terms: All Financing Considered,Cash
Tax/Property ID: 26-46-22-T2-0030C.0050
Tax Amount: 7837.12
Tax Year: 2024
A broker reciprocity listing courtesy: Royal Shell Real Estate, Inc.
Based on information provided by FGCMLS. Internet Data Exchange information is provided exclusively for consumers’ personal, non-commercial use, and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed to be accurate by Edina Realty, Inc., or by the MLS. Edina Realty, Inc., is not a multiple listing service (MLS), nor does it offer MLS access.
Copyright 2026 FGCMLS. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 2480 Library Way
Sales History
| Date | Price | |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 2480 Library Way
| Schools in attendance boundaries | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
| Schools nearby | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
Coming soon properties will soon be on the market, but are not yet available for showings.