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Elevated Two-Story Office Building
For Sale
$1,100,000

1149 Periwinkle Way, Sanibel, FL 33957

CommercialSale, Sanibel, FL

Property SizeContact for details
Lot Size0.04 Acres
Days on Market315

Property Features for 1149 Periwinkle Way

General Information

Property type Commercial Sale
Property subtype Office
Subdivision SI01 - Sanibel Island
Standard status Active
APN 19-46-23-T3-01200.0002
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 1149 PERIWINKLE COMMERCIAL CONDOMINIUM DESC IN INST#2009000042417 UNIT 2
Tax Annual Amount 11239
Legal Description 1149 PERIWINKLE COMMERCIAL CONDOMINIUM DESC IN INST#2009000042417 UNIT 2

Amenities

elevated deck
tropical landscaping
climate-controlled storage
full bathrooms
full kitchen

Building Details

Year built 1981
Floors in Building 3
Listing Agency: Michael Saunders & Company
Listed By: Evan duPont · License #280596826
Added: Nov 7, 2025 Changed: Aug 27 Last Checked: Sep 18 at 8:06PM
MLS# 2025018917

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.

Investment Insights

Based on property information with market context.

This office property includes three freestanding buildings linked by an elevated deck and landscaped outdoor areas. Building #2 provides a two-story configuration with approximately 1,500+/- sq. ft. on each level, separate entrances, and two full bathrooms per floor. The upper-level suites also include full kitchens. More than 1,500+/- sq. ft. of climate-controlled storage occupies the ground level, along with a private two-car garage.

The property is located at 1149 Periwinkle Way in Sanibel, along the island’s main travel artery, with access to the Causeway. Originally built in 1981, the buildings have been recently remodeled and maintained for continued office use. The layout also supports professional office, creative studio, retail, and boutique business applications as described for the property.

Key Highlights

  • Three free‑standing office buildings connected by an elevated deck
  • Building #2 includes approximately 1,500+/- sq. ft. on each of two floors
  • Each floor has its own entrance and two full bathrooms

Property Analytics

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Current Use

John Naumann & Associates Real Estate Agency N (Bike/Boat/Book/etc) Store Sea Oats Day ... Alternative Medicine Practice This business is ... (Bike/Boat/Book/etc) Store Beach house day ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office HVAC Service Auto Repair Shop Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

261
Businesses Nearby

Demographics for 33957, FL

6,382
Population
8,525
Households
0.7
Avg Household Size
68
Median Age
62%
College-Educated
99%
High-School Grad
16.2 sq mi
ZIP Area
394
Density / Sq Mi
$122,730
Median Household Income
$44,840
Median Earnings
$747
Median Rent
$912,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Recently remodeled office property with flexible suites, climate-controlled storage, and private garage access.
Where is this office building located?
The property is located at 1149 Periwinkle Way Sanibel, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Three free‑standing office buildings connected by an elevated deck; Building #2 includes approximately 1,500+/- sq. ft. on each of two floors; Each floor has its own entrance and two full bathrooms
More about this property
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