2480 Library Way, Sanibel, FL 33957
FOR SALE

2480 Library Way
Sanibel, FL 33957

  • 3 Beds
  • 3 Baths
  • 1,972 sqft

$1,595,000

Original price: $1,650,000
Est. Mortgage $9,759/mo*

$1,595,000

Original price: $1,650,000
Est. Mortgage $9,759/mo*
3 Beds
3 Baths
1,972 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

$150K+ in potential gross rental 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.

Home Highlights

Parking
Garage
Outdoor
Porch, Patio
View
Bay, Lawn/Garden, See Remarks
HOA
None
Price/Sqft
$809
Listed
144 days ago

Home Details for 2480 Library Way

Interior Features

Interior Details
Number of Rooms: 2Types of Rooms: Master Bedroom, Master Bathroom
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 1972 Square Feet
Appliances & Utilities
Appliances: Cooktop, Disposal, Dryer, Internet Ready, Microwave, Refrigerator, Washer, Water Heater, See RemarksDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Central,Heat PumpHas CoolingAir Conditioning: Ceiling Fan(s),Central Air,See RemarksHas HeatingHeating Fuel: Central
Fireplace & Spa
Spa: Heated, SpaNo Fireplace
Windows, Doors, Floors & Walls
Window: Impact Resistant Windows, Jalousie, Sliding, Storm Window(s)Door: French Doors, Impact Resistant Doors, Wind Rated Garage DoorFlooring: Wood, See Remarks
Levels, Entrance, & Accessibility
Accessibility: Handicap Accessible, Accessible EntranceElevatorFloors: Wood, See Remarks
View
Has a ViewView: Bay, Lawn/Garden, See Remarks

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Open Porch, PatioExterior: Awning(s), BalconyFoundation: Raised, Piling WoodNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageParking Spaces: 2Parking: Garage Door Opener,Double Garage,See Remarks
Pool
Pool: In Ground, Equipment Stays, Fenced, Gas HeatPool
Frontage
Waterfront: None/Not ApplicableResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Private Sewer, See Remarks
Farm & Range
Frontage Length: 84

Days on Market

Cumulative Days on Market: 102Days on Market: 144

Property Information

Year Built
Year Built: 1989
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: See Remarks
Building
Construction Materials: Frame, See Remarks, Hard-l-Board, Stucco

Price & Status

Price
List Price: $1,595,000Price Per Sqft: $809
Status Change & Dates
Possession Timing: Close Of Escrow, Negotiable

Active Status

MLS Status: Active

Location

Direction & Address
City: SanibelCommunity: Palm Ridge

Agent Information

Listing Agent
Listing ID: 2251204

Building

Building Area
Building Area: 3181 Square Feet

HOA

No HOA

Lot Information

Lot Area: 10454.4 sqft

Offer

Listing Terms: BTF/Cash

Rental Terms, Policies & Fees

Lease Term: Month To Month

Miscellaneous

Mls Number: 2251204Water ViewWater View: Bay
Last check for updates: about 16 hours ago
Listing courtesy of Mike H McMurray, (239) 850-7888
Royal Shell Real Estate, Inc.
Source: Sanibel And Captiva Island AOR, MLS#2251204

Price History for 2480 Library Way

DatePriceEventSource
02/20/2026$1,595,000PriceChange
Sanibel And Captiva Island AOR #2251204
01/29/2026$1,650,000PriceChange
Florida Gulf Coast MLS #2025019853
12/04/2025$1,750,000Listed For SaleFlorida Gulf Coast MLS #2025019853
06/25/2021$725,000Sold
Florida Gulf Coast MLS #221017651
04/26/2021$829,000ContingentSanibel And Captiva Island AOR #2210231
04/26/2021$829,000PendingFlorida Gulf Coast MLS #221017651
03/10/2021$829,000Listed For SaleSanibel And Captiva Island AOR #2210231
12/10/2020$600,000Sold
N/A
10/26/2020$649,000PendingAgent Provided
03/18/2020$649,000Listed For SaleAgent Provided
06/10/2019$779,000ListingRemovedAgent Provided
03/01/2019$779,000PriceChange
Agent Provided
12/17/2018$837,000Listed For SaleAgent Provided
11/01/2018$837,000ListingRemovedAgent Provided
09/26/2018$837,000PriceChange
Agent Provided
05/30/2018$875,000PriceChange
Agent Provided
02/16/2018$899,000PriceChange
Agent Provided
01/04/2018$995,000Listed For SaleAgent Provided
05/02/2008$515,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$7,869
Assessment$594,780
Home facts updated by county records

Comparable Sales for 2480 Library Way

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.57
Single-Family Home
$745,000
10/09/25
3
2
1,507
0.81
Single-Family Home
$670,000
05/30/25
3
2
2,026
0.91
Single-Family Home
$1,030,000
09/29/25
3
2.5
2,124
0.96
Single-Family Home
$525,000
09/24/25
3
2.5
1,440
0.87
Single-Family Home
$725,000
06/30/25
3
3
1,908
0.94
Single-Family Home
$800,000
10/24/25
3
2
2,046
1.07
Single-Family Home
$680,000
03/18/26
4
3
2,264
1.08
Single-Family Home
$708,000
07/03/25
3
2
1,802
0.85
Single-Family Home
$1,340,000
11/18/25
4
3
2,140

Assigned Schools

These are the assigned schools for 2480 Library Way.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Sanibel

At least 52 Trulia users voted on each feature.
  • 84 % Say it's dog friendly

  • 83 % Say it's quiet

  • 81 % Say people would walk alone at night

  • 75 % Say parking is easy

  • 72 % Say car is needed

  • 67 % Say there's wildlife

  • 64 % Say yards are well-kept

  • 64 % Say there's holiday spirit

  • 62 % Say they plan to stay for at least 5 years

  • 56 % Say it's walkable to restaurants

  • 49 % Say it's walkable to grocery stores

  • 47 % Say neighbors are friendly

  • 44 % Say there are community events

  • 41 % Say there are sidewalks

  • 27 % Say kids play outside

  • 17 % Say streets are well-lit

Learn more about our methodology.
  • Jim Ford
    "Lots of open space and natural areas to walk the dogs. Generally accepted on some beaches and most woodlands"
  • Aerica B.
    "There are always friendly neighbors walking their dogs. It’s honestly a good way to meet your neighbors and get to know them. I love how everyone is so dog friendly. Everyone is always great about cleaning up after their dogs too and not letting them run around loose and get into other people’s yard. Everyone respects each other and I love it!"
  • Cp.andrews
    "Two thirds of Sanibel is preserved for wildlife. It has over 25 miles of off-road bike trails. The beaches are open. It is a beautiful place. "
  • Kspotoka
    "The majority homes in our neighborhood have dogs. Owners always walk their dogs on leashes and there are no issues or neighborhood problems."
  • Laurie
    "Halloween is awesome and the golf course is awesome and the beach is the best part of the entire island"
  • Aschanie
    "It’s a great place to vacation we have been coming here every year for the past 20 years. We have also stayed on Captiva "
  • Leslie O.
    "Want to come back! It’s a lovely island. Everyone is super friendly and helpful. The local shops are fun and cute!"
  • Laurie G.
    "The beach is down the street with dolphins and manatees. School is blue ribbon awarded and the class sizes are very small"
  • Cp.andrews
    "I work in Tampa so there is no public transportation. This is a FLORIDA issue. My commute is not normal however. I go in once per week. "
  • Nericynthia
    "This is a very quiet and friendly neighborhood. It’s so close to the beach you can hear the waves. The deeded beach access allows you to leave your beach chairs on the private path, ready! so your day at the beach is a breeze. There are rarely more than 5 other people on the beach. It’s like owning on the gulf at a fraction of the cost. "
  • Nericynthia
    "Dogs are welcome on the beach! You can easily walk your leashed dog on the beach. There are a number of other dogs in the neighborhood. People are very friendly. Dogs are welcome lots of places in Sanibel. "
  • JRD
    "Sanibel is as close to heaven on earth as possible. Natural beauty everywhere, nice people an abundance of intellectual activities and the beach on your doorstep"
  • cp a.
    "Dogs aren’t allowed in my neighborhood. Otherwise there are places to walk dogs. Dogs are not allowed st the Farmers’ Market. "
  • cp a.
    " Marti Gras, Christmas Parade, Hula dancers, friendly people, Beautiful birds, safe walking, bike paths, wonderful farmers’ market. "
  • cp a.
    "Sanibel is 2/3 preserves lands. It is natural and beautiful. It has over 25 miles of bike trails. The community is caring and dedicated to the future of the Island. There are many great volunteers. "
  • Bruschjj
    "There are lakes where birds fly in and out all day. It’s close to the beach. People walk and bike everywhere."
  • Philomena L.
    "Renting a timeshare and just got here. It’s very beautiful but don’t know much else. I would recommend it to anyone."
  • Thomas S.
    "Quiet community, very friendly neighbors. Clean well kept properties surrounding a golf course"
  • willisjodi
    "If you're looking for privacy, safety, and you love the beach and gulf this is the neighborhood to be in. Most beautiful place in Florida."

LGBTQ Local Legal Protections

Mike H McMurray, Royal Shell Real Estate, Inc.
Agent Phone: (239) 850-7888
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
2480 Library Way, Sanibel, FL 33957 is a 3 bedroom, 3 bathroom, 1,972 sqft single-family home built in 1989. This property is currently available for sale and was listed by Sanibel And Captiva Island AOR on Dec 5, 2025. The MLS # for this home is MLS# 2251204.