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    1149 Periwinkle Way, Unit 2 Sanibel, FL 33957

    For Sale
    $1,100,000

    COMMERCIAL - Sanibel, FL

    Type:Office
    Lot size:
    0.04 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 1149 Periwinkle Way

    General Information

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

    Building Details

    Year built
    1981
    Floors in Building
    3

    Michael Saunders & Company (941) 639-0000

    Listing agent Evan duPont (239) 462-1817 License #280596826

    Listing date Nov 9, 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

    Refreshed Olde Florida-Style Office

    Located on Periwinkle Way in Sanibel, Florida, this refreshed Olde Florida-style business campus offers immediate occupancy. The property features three free-standing office buildings connected by a spacious elevated deck, surrounded by tropical landscaping. Building #2 is a two-story structure with approximately 1,500 sq. ft. on each level. Each level has its own entrance and two full bathrooms, and the upper floor suites also include a full kitchen. The spaces are suited for a professional office, creative studio, island-inspired retail, or boutique enterprise. The ground level provides over 1,500 sq. ft. of climate-controlled storage and a private two-car garage. The property has been recently remodeled and meticulously maintained. Situated along Periwinkle Way, the island's main travel artery, the location provides access to the Causeway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    John Naumann & Associates Real Estate Agency N Office Supply Store Sea Oats Day ... Day Spa This business is ... Office Supply Store Beach house day ... Office Supply Store

    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
    -82.043666
    Latitude
    26.445034

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    FAQs

    What type of property is this?
    Office building - Distinctive office campus with flexible spaces on Sanibel's main artery.
    Where is this office building located?
    The property is located at 1149 Periwinkle Way, Unit 2 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: - Prime location on Periwinkle Way, Sanibel's main travel artery, offering maximum visibility and easy Causeway access.; - Three free-standing office buildings connected by a spacious elevated deck and lush tropical landscaping.; - Building #2 offers approximately 3,000 sq. ft. (1,500 sq. ft. per floor) with separate entrances for each level.
    (239) 462-1817
    Request Owner's contact information
    1149 Periwinkle Way, Unit 2 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
    1149 Periwinkle Way, Unit 2 Sanibel, FL 33957
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