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Monday, July 02 2012

Sundial Resort on Sanibel Island

If you want a chance to own a piece of Sundial Beach Resort on Sanibel, this is your chance!

Sundial was purchased by CoreStates Affiliate and they are offering 110 shares at $50,000 per share.
      Sundial was previously purchased by Blackstone in a package deal which included The Dunes Golf Resort and South Seas Plantation on Captiva Island. Locals have always said that Blackstone only wanted South Seas Plantation and the inclusion of Sundial was just part of the deal. CoreStates says, "We believe that resort has been mismanaged and its potential has languished due to its current absentee ownership," which seems to prove that locals were right about Blackstone never really wanting to own Sundial.

CoreStates goes on to say, "The Sundial Beach & Golf Resort is a 38,000+ square foot multi-use resort facility on Florida's world-famous Gulf Coast. Located on Sanibel Island, the property has 8.59 acres and boasts 2,000 linear feet of unrivaled beachfront access."

We know Sundial is a gem and we hope investors take a look at this resort and see it as a great deal!    

 

I currently have a listing at the resort and you can check it out HERE. Sundial is close to the best restaurants and you can enjoy miles and miles of Sanibel's beaches right at your front door!

Have a great summer and I look forward to helping you find that perfect island property! Contact Me!

Sarah

Posted by: AT 10:32 am   |  Permalink   |  Email


Servicing the Real Estate Needs of Buyers and Sellers on Sanibel and Captiva Islands.
 

 
ReMax of the Islands
Sarah Ashton Sarah S. Ashton, Broker Associate, Realtor®
ReMax of the Islands
2400 Palm Ridge Road
Sanibel, FL 33957

 

Office Phone: 239.472.2311
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