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    Elevated Retail and Restaurant Property Title is generated by Realmo AI

    1551 Periwinkle Way, Sanibel, FL 33957

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    Claim this Listing
    For Sale
    $5,500,000

    SINGLE_FAMILY - Sanibel, FL

    Type:Retail
    Property size:
    12,000 SF
    Lot size:
    3.00 Acres
    Price / SF:
    $458/SF
    Added:
    Feb 7, 2025
    Days on Market:
    493
    Last Refresh:
    Jun 15 at 5:06 am

    Property Features for 1551 Periwinkle Way

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    30-46-23-T1-00004.0020
    Lot size
    3.00 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    PARL IN NW 1/4 OF NW 1/4 PER OR 1769 PG 1731 + OR 1769 PG 1729 LESS RD R/W
    Tax Annual Amount
    4103

    Building Details

    Year built
    1985
    Floors in Building
    1

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    Listing Contact
    Phaidra McDermott
    Phaidra McDermott

    Listing agent Phaidra McDermott License #280500222

    Listing office Kingfisher Real Estate, Inc. 2402 Palm Ridge Rd, No. 1,2,3, Sanibel, FL

    Listing date Feb 7, 2025

    MLS# 225014247

    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 commercial property on Periwinkle with excellent exposure and over 200ft of road frontage.
    • Over 12,000 sq ft of developed space with easy access.
    • Located on 3 acres, providing privacy and green space.
    • Currently operating successfully as a restaurant and retail space (Traders).
    • General Commercial zoning allows for various uses including retail, professional services, and financial institutions.
    • Building originally constructed in 1985 and reconfigured in 1997.

    Overview

    This offering is for the real estate only: an elevated commercial building originally constructed in 1985 and reconfigured in 1997 into a combined restaurant and retail space. The property currently operates as Traders, and includes developed space of over 12,000 square feet. The sale details note that fixtures affixed to the walls or ceiling are included with the real estate, while the business sale can be separated. The property sits on approximately 3 acres.

    The site is positioned on Periwinkle Way with over 200 feet of road frontage, supporting visibility from the roadway. The listing describes easy access for vendors and consumers, and also highlights privacy and green space afforded by the site layout.

    General Commercial zoning applies, with permissible uses identified as retail stores, professional services, financial institutions, and specialized retail such as art galleries, books, and a pet store. This configuration may suit operators looking for a location that can accommodate both food-service and retail functions within an established, elevated format. The listing further states that Traders Periwinkle LLC can transact without the sale of Traders Sanibel LLC, with the business offered separately.
    Property Profile Location Intelligence

    Current Use by Public Records

    Traders (Bike/Boat/Book/etc) Store Traders Restaurant on Sanibel Restaurant

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Building Supply Auto Repair Shop Gym & Fitness Center Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Sanibel
    County
    Lee
    State
    Florida
    Longitude
    -82.055338
    Latitude
    26.441465

    FAQs

    What type of property is this?
    Shopping center - Elevated retail and restaurant building on Periwinkle Way with over 200 feet of road frontage and General Commercial zoning.
    Where is this shopping center located?
    The property is located at 1551 Periwinkle Way Sanibel, FL.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: Prime commercial property on Periwinkle with excellent exposure and over 200ft of road frontage.; Over 12,000 sq ft of developed space with easy access.; Located on 3 acres, providing privacy and green space.
    More about this property
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