Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

1551 Periwinkle Way Sanibel, FL 33957

OFF-MARKET
Turn key restaurants
Property ID
US18-1816827
9,242 SF 2.9 ac lot Built 1985
Last sale Oct 2004 · $2,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property at 1551 Periwinkle Way is an elevated commercial building with more than 12,000 square feet of developed space on a 3-acre site. Constructed in 1985 and reconfigured in 1997, it is arranged for restaurant and retail use. The offering includes fixtures that are attached to the walls or ceiling, and the real estate may be acquired independently from the operating business. The site has over 200 feet of road frontage and provides access for both vendors and consumers. The property is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$39k
Tax billed · 2023
Assessed value$2.90M
Assessed land$2.40M
Assessed improvement$507k
Effective rate1.35%

Value estimate

· Oct 2026
$860k
$774k – $946k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$578/SF
County average, outlier-cleaned · 134 recorded sales of this use type
Observed band · Q1–Q3$288 – $947
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLEE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.8
Auto Repair Shop11.6
HVAC Service10.4

Location

1551 Periwinkle Way Sanibel, FL 33957-4513
County assessor Recorded deeds · 14 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1523 Periwinkle, Sanibel, FL 33957-4513 $4,000,000 Feb 2026 4,613 SF
1200 Periwinkle, Sanibel, FL 33957-4702 $11,100 Oct 2024 6,169 SF
975 Rabbit, Sanibel, FL 33957-3037 $1,300,000 Mar 2023 4,340 SF
362 Periwinkle, Sanibel, FL 33957-7436 $3,500,000 Jul 2021 9,624 SF
2406 Periwinkle, Sanibel, FL 33957-3207 $180,000 Jan 2020 6,518 SF
455 Periwinkle, Sanibel, FL 33957-3934 $909,000 Dec 2019 4,671 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1551 Periwinkle Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again