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    Sanibel, FL

    Sanibel, FL Commercial Real Estate for Sale

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    Fort Myers, FL Fort Myers Beach, FL St James City, FL
    32 properties
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    Corner Office Condominium
    Updated: Jun 16
    Corner Office Condominium

    1640 Periwinkle Way Unit 5, Sanibel, FL 33957

    $369,000
    1,200 sqft
    Professionally updated corner office condominium with approx. 1,200 SF of air‑conditioned office space
    Located in a renovated five‑unit plaza with a new shingle roof and firewalls between each condominium
    Layout includes a reception area, three private offices, and a private half bath
    Corner unit at the end of the plaza with extra windows for abundant natural light and convenient on‑site parking
    Month‑to‑month tenant reported as willing to execute a lease renewal; condominium fees are $750/month
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    This listing looks promising.

    Here's a quick look at some key insights for

    1640 Periwinkle Way Unit 5, Sanibel, FL 33957

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    • Est. Cap Rate

      5.6%
      NOI ÷ price

    • Est. NOI

      $21K
      Annual

    • Price @ 7% Cap

      $295K
      Suggested

    • Last Sold

      Dec 2011
      $157K

    • Property Type

      Office Building
      Built 1978
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    Sanibel Commercial Building For Sale
    Updated: Feb 8
    Sanibel Commercial Building For Sale

    2440 Palm Ridge Road, Sanibel, FL 33957

    $2,700,000
    4,066 sqft 0.63 AC lot
    Prime location in Sanibel's Central Business District with 175 feet of Palm Ridge Road frontage and high visibility.
    Income‑producing property with a fully leased first floor providing immediate, stable cash flow.
    Zoned Town Center Limited, ideal for retail and mixed‑use, with potential for future residential development on the second floor.
    Second floor offers value‑add opportunity with architectural plans prepared (subject to City approval) for residential conversion and additional income.
    Durable construction with steel‑reinforced concrete slab and concrete stem wall footings for long‑term stability and low maintenance.
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    Sanibel Island Commercial Property
    Sanibel Island Commercial Property

    2341 Palm Ridge Road, Sanibel, FL 33957

    $1,495,000
    2,827 sqft 0.08 AC lot

    Highly visible commercial property in Sanibel's Town Center corridor.

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    Commercial Land with Prime Frontage
    Commercial Land with Prime Frontage

    1446 Periwinkle Way, Sanibel, FL 33957

    $2,495,000
    1.20 AC lot

    Commercial land offering approximately 150 feet of frontage and three existing structures across two parcels.

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    Sanibel Commercial Building with Upside
    Sanibel Commercial Building with Upside

    2440 Palm Ridge Rd, Sanibel, FL 33957

    $2,700,000
    4,066 sqft

    Income-producing commercial building with future residential potential in Sanibel, Florida.

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    Mixed-Use Income Property with Commercial Units
    Mixed-Use Income Property with Commercial Units

    2430 Palm Ridge Road, Sanibel, FL 33957

    $2,989,000
    0.99 AC lot

    This mixed-use income property includes three buildings with seven residential apartments and six commercial spaces, plus two garage/storage rentals.

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    Corner Office Condominium Suite
    Corner Office Condominium Suite

    1640 Periwinkle Way, Sanibel, FL 33957

    $369,000
    0.14 AC lot

    Professionally updated office condo with three private offices, reception, and extra windows at the end of a small plaza.

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    Prime Commercial Lot on Sanibel
    Prime Commercial Lot on Sanibel

    1625 Periwinkle Way, Sanibel, FL 33957

    $2,950,000
    1.08 AC lot

    High-visibility commercial lot ideal for restaurant, retail, or office.

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    Two-Story Retail Building with Frontage
    Two-Story Retail Building with Frontage

    2440 Palm Ridge Road, Sanibel, FL 33957

    $2,700,000
    8,132 sqft

    Two-story retail building with 175 feet of frontage and a fully leased first floor for immediate income.

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    Multi-Building Office Campus
    Multi-Building Office Campus

    1149 Periwinkle Way, Sanibel, FL 33957

    $1,100,000
    0.04 AC lot

    Three connected, recently refreshed office buildings with elevated deck and climate-controlled storage plus private two-car garage.

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    Cleared Waterfront Commercial Land
    Cleared Waterfront Commercial Land

    2761 W Gulf Drive, Sanibel, FL 33957

    $1,500,000
    0.50 AC lot

    Cleared nearly half-acre lot on W Gulf Drive near Shalimar Resort and a shared use path.

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    Sanibel Commercial Building For Sale
    Sanibel Commercial Building For Sale

    905 Fitzhugh Street, Sanibel, FL 33957

    $1,095,000
    3,000 sqft 0.26 AC lot

    Commercial building with open floor plan and residential potential.

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    Waterfront Commercial Land Parcel
    Waterfront Commercial Land Parcel

    1223 Periwinkle Way, Sanibel, FL 33957

    $2,999,000
    2.29 AC lot

    Commercial land with substantial frontage and waterfront features, zoned for General Commercial and D2 Upland Wetland.

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    Vanilla Shell Retail Suites
    Vanilla Shell Retail Suites

    1600 - 1628 Periwinkle Way, Sanibel, FL 33957

    Contact for pricing
    1,929 sqft

    Vanilla shell retail suites ranging from 1,092 to 1,929 SF are available within the Heart of the Island area.

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    Renovated Office Condo with Laundry
    Renovated Office Condo with Laundry

    1640 Periwinkle Way, Sanibel, FL 33957

    $225,000
    0.14 AC lot

    Renovated office condo features multiple offices, a waiting area, and in-unit washer and dryer.

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    Sanibel Homesite on Golf Course
    Sanibel Homesite on Golf Course

    1340 Eagle Run Drive, Sanibel, FL 33957

    $539,000
    0.32 AC lot

    Homesite on Sanibel's east end with golf course views.

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    Vanilla Shell Retail Space
    Vanilla Shell Retail Space

    2075 Periwinkle Way, Sanibel, FL 33957

    Contact for pricing
    2,500 sqft

    Flexible retail units available as a vanilla shell within a shopping center on Sanibel.

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    Sanibel Land with Gulf Views
    Sanibel Land with Gulf Views

    2490 Coconut Drive, Sanibel, FL 33957

    $1,200,000
    0.49 AC lot

    Rare 0.49-acre lot with Gulf views and oversized dock.

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    Sanibel Development Opportunity on Periwinkle
    Sanibel Development Opportunity on Periwinkle

    1223 Periwinkle Way, Sanibel, FL 33957

    $2,999,000
    2.29 AC lot

    2.5+ acres with 200 feet of frontage on Periwinkle Way.

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    Sanibel Island Motel Opportunity
    Sanibel Island Motel Opportunity

    706 Donax St, Sanibel, FL 33957

    $5,300,000
    0.50 AC lot

    Two Sanibel Island motels with strong rental income.

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    Sanibel Island Retail Space Available
    Sanibel Island Retail Space Available

    1700 Periwinkle Way, Sanibel, FL 33957

    Contact for pricing
    41,741 sqft

    Grocery-anchored shopping center in the heart of Sanibel Island.

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    Commercial Land with Existing Buildings
    Commercial Land with Existing Buildings

    1446 Periwinkle Way, Sanibel, FL 33957

    $2,495,000

    Two parcels with three existing structures on a highly visible retail corridor, offering redevelopment and owner-user flexibility.

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    Town Center Office Building
    Town Center Office Building

    2341 Palm Ridge Road Unit A, B, C, Sanibel, FL 33957

    $1,495,000

    Professionally configured office space with multiple private offices, conference rooms, and ample on-site parking.

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    Renovated Boutique Shopping Center
    Renovated Boutique Shopping Center

    2407 Periwinkle Way, Sanibel, FL 33957

    Contact for pricing
    7,895 sqft

    Renovated two-building center with six units, 58 parking spaces, and 244 feet of frontage on Periwinkle Way.

    View details

    Sanibel, FL Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Sanibel, FL, showcased through 32 active listings on our real estate platform. These investment opportunities span a total of 78,343 square feet of properties for sale, with an estimated market value of $61,656,000.

    Sale prices for business properties in Sanibel, FL start at $225,000, averaging $2,202,000, and reaching up to $5,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 6,402
    Population Growth (5Y) -11.4%
    Median Household Income $122,730
    College Educated 89.3%

    High-Yield Neighborhoods for Investment

    Identify Sanibel submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    33957 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.24%
    Property Tax per SF $18.42 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lee County

    New Delisted

    Total CRE Inventory on Market (SF)

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