Newly Reconstructed Asset with Value-Add Upside
The Casa Ybel Resort was rebuilt from 2022 to 2025 with more than $6.6M invested, giving new ownership a turnkey, award winning, and brand-new product in one of Florida’s most supply-constrained markets. The resort’s history as a premier wedding venue, renovated grounds, and the new Thistle Lodge Beachfront Restaurant and Coconut’s Bar & Café position it to exceed historical event, group, and F&B performance.
Irreplaceable Beachfront on Sanibel Island
The resort spans 23+ acres, including 10.4 owned acres directly on the Gulf of Mexico. Sanibel’s strict development limits mean no new supply is in the pipeline, while loyal repeat visitation supports durable leisure demand. The Casa Ybel Resort has operated as the island’s most iconic luxury resort for more than a century.
Unique Product with Accretive Condo StructureThe offering includes the resort amenities and exclusive rights through rental management agreements to rent 40 one-bedroom condos, all with views facing the Gulf of Mexico. There are an additional 74 interval-owned and fully renovated units that are able to be rented through the resort. In addition, a buyer will acquire the resort’s public space fee simple, including the restaurant, pool, parking, tennis courts, fitness center, and event and meeting space.
Unencumbered by Franchise or Debt
The resort is offered free of franchise and debt, so new ownership can add value through brand affiliation.
