Sanibel Island Investment
1039 & 1041 Periwinkle Way, Sanibel, FL 33957
COMMERCIAL - Sanibel, FL
Type:Retail
Property size:
3,073 SFLot size:
0.84 AcresPrice / SF:
$1,757/SF- Added:
- May 21, 2025
- Days on Market:
- 361
- Last Refresh:
- May 16 at 8:06 pm
Property Features for 1039 & 1041 Periwinkle Way
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Standard status
- Active
- APN
- 19-46-23-T3-00011.0010
- Size
- 3,073 SF
- Lot size
- 0.84 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- BEG AT INTERSEC OF S LI OF PERIWINKLE WAY + ELY LI OF SEC 19 RUN W ALG SAID SLY
- Tax Annual Amount
- 13787
Utilities
- Sewer type
- Septic Tank
Building Details
- Year built
- 1940
- Floors in Building
- 1
Listing agent Dawn Marie Ramsey License #280597316 (239) 233-2976
Listing office Pfeifer Realty Group LLC 1630-I Periwinkle Way, Sanibel, FL (239) 472-0004
Listing date May 21, 2025
MLS# 225043990
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime Sanibel Island location with 200 feet of road frontage and high visibility.
- Income‑producing property with three buildings and tenants already in place.
- Main Flex Building (built in 2020) offers 3,073 SF of flexible space for retail, office, warehouse, or garage.
- Includes the Bait Box (renovated in 2023), a Sanibel landmark with a multi‑year lease.
- Additional income from Curio Cottage retail building with a long‑term tenant.
- Conditional use permit for leased parking adds extra value and income potential.
Overview
Located in the heart of Sanibel Island, this commercial property offers an investment opportunity with 200 feet of road frontage. The 1.68-acre property includes three separate buildings, each designed for its own purpose and income generation. The main flex building, constructed in 2020, is an elevated, modern space offering 3,073 square feet of flexible space suitable for retail, office, warehouse, or garage use. It is currently occupied by two tenants, including a pool service company with a retail component. The Bait Box, a 1,206-square-foot Sanibel landmark built in 1940, was recently renovated and elevated in 2023. It is currently under a multi-year lease. The Curio Cottage, a 717-square-foot retail boutique building, also has a long-term tenant. The property benefits from a conditional use permit for leased parking, adding extra value and income potential. The property is offered as real estate only, including the land, fee simple interest in the flex building, leased fee interest in the two retail buildings, and any conditional use permits. The property combines cash flow with long-term appreciation potential in a high-demand location.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Island Condo Maintenance
Renovation Specialist
Location Insight
- Map
- Local Demand
- City
- Sanibel
- County
- Lee
- State
- Florida
- Longitude
- -82.041442
- Latitude
- 26.445703
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Income-producing commercial property on Sanibel Island's main corridor.
Where is this shopping center located?
The property is located at 1039 & 1041 Periwinkle Way Sanibel, FL.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: Prime Sanibel Island location with 200 feet of road frontage and high visibility.; Income‑producing property with three buildings and tenants already in place.; Main Flex Building (built in 2020) offers **3,073 SF of flexible space** for retail, office, warehouse, or garage.
