17501 Harbour Point Dr
Retail | 6.51% CAP | 5,598 SqFt
Marketing description
Invest in a property that not only offers a beautiful waterfront setting but also promises strong income potential and a resilient structure. Seize this unique opportunity to own a prime commercial property in a highly sought-after location. Property only—no business operations included. Enjoy hassle-free ownership. Restaurant has been in business since December 1, 2017, with the current initial 10-year lease expiring November 30, 2027, with 3, 5-year renewal options available. Potential for significant income from current tenant Bimini Bait Shack. Income percentage-based lease in place with a 6% rate up to 4 million and 6.5% on anything over. The on-site Bait Shack reopened alongside of the Punta Rossa boat ramp Q3 of 2025 and can generate a lucrative monthly income of $4,000 or more.
Investment highlights
Given the unique location, profitability will be ramping up as the completion of hurricane recovery projects on Sanibel, the Causeways, and the Punta Rossa boat ramp.
Unparalleled views that create an inviting and scenic atmosphere driving visitors and locals to the property.
The location is a magnet for visitors en-route to and from Sanibel Island, ensuring a steady flow of potential customers.
Convenient accommodation options for business clients and visitors, enhancing the building’s appeal and accessibility.
The property features elevator for handicap accessibility, pull down shutters for quick protection from pop-up storms, and extensive parking.
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