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    1101 Periwinkle Way, Unit D1 Sanibel, FL 33957

    For Sale
    $415,000

    SINGLE_FAMILY - Sanibel, FL

    Type:Office
    Lot size:
    0.03 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 1101 Periwinkle Way

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    19-46-23-T3-0060D.0010
    Lot size
    0.03 Acres

    Building Details

    Year built
    1984
    Floors in Building
    1

    Pfeifer Realty Group (239) 472-0004 [email protected]

    Listing agent Jennifer McSorley (239) 560-2355 License #258010375

    Listing date Nov 25, 2025

    Copyright © 2025 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.

    Overview

    Sanibel Island Office Condo

    This is a turnkey, stabilized office condo situated directly on Periwinkle Way, the primary commercial corridor of Sanibel Island. The property has been fully renovated, featuring a new HVAC system, updated electrical components, modern finishes, and a professional build-out consisting of three offices. The unit is equipped with impact windows throughout. The existing glass-separated office spaces are adaptable and can be removed or modified to suit different needs. The current configuration includes separate lighting and AC vents for each office space, with ample room for a reception area, meeting space, kitchenette, and back-office functions. A fully remodeled private restroom is included. The unit comes with three dedicated parking spaces. The existing layout is suitable for a flexible co-working office space. This property presents an opportunity for a hands-off investment or future owner-user in an island market with limited office condos available. The property is currently leased, providing immediate income to a new owner. The lot size is 0.0293 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Island Vacations of Sanibel ... Vacation Home Rental Agency Coast 2 Coast ... Vacation Home Rental Agency Seascapes Vacation Rentals Property Management Company Sanibel Sandbox Office Space Rental Agency Engel & Voelkers Sanibel Real Estate Agency

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Clothing Store Building Supply Gym & Fitness Daycare Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sanibel
    County
    Lee
    State
    Florida
    Longitude
    -82.041933
    Latitude
    26.445591

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    FAQs

    What type of property is this?
    Office space - Turnkey, stabilized office condo on Periwinkle Way, Sanibel Island.
    Where is this office space located?
    The property is located at 1101 Periwinkle Way, Unit D1 Sanibel, FL.
    What is the asking price?
    The asking price for this property is $415,000.
    What are key features of this property?
    This property features: - Prime location directly on Periwinkle Way, Sanibel Island's main commercial street.; - Fully renovated with new HVAC, updated electrical, modern finishes, impact windows, and remodeled restroom.; - Turnkey, stabilized office condo with immediate income from existing lease.
    (239) 560-2355
    Request Owner's contact information
    1101 Periwinkle Way, Unit D1 Sanibel, FL 33957
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    Sanibel, FL 33957
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1101 Periwinkle Way, Unit D1 Sanibel, FL 33957
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