Renovated Boutique Shopping
For Sale
Contact for pricing
2407 Periwinkle Way, Sanibel, FL 33957
Renovated two-building center with six units, 58 parking spaces, and 244 feet of frontage on Periwinkle Way.
Property Size7,895 SF
Price / SF$696.64
Days on Market215
Property Features for 2407 Periwinkle Way
General Information
Standard status
Active
Size
7,895 SF
Class
B
Total Parking Spaces
58
Property subtype
Hospitality, Office, Retail
Zoning
Commercial District
Occupancy
42%
Lease Type
NNN
Investment Type
Value Add
Additional Details
Road Access
Yes
Building Details
Year Renovated
2025
Buildings
2
Stories
1
Units
6
Tenancy
Multi
Listing Agency:
Invest Florida
Listed By:
Nicholas Paulus · License #BK3384541
(239) 292-3031
Source:
Crexi
Added: Feb 5
Changed: Sep 7
Last Checked: Sep 7 at 8:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Invest Florida
Investment Insights
Based on property information with market context.
The Islander Center is a boutique shopping center consisting of two buildings with six units and 58 parking spaces. The tenant mix includes three restaurant spaces, medical office, general office, and retail. The property underwent a complete renovation in 2024–2025, with new interior spaces and new HVAC systems.
The center is located on Sanibel Island and offers 244 feet of frontage on Periwinkle Way.
There are four existing NNN leases, with two units currently available for lease. The seller is expecting full occupancy by June 2026.
The center is located on Sanibel Island and offers 244 feet of frontage on Periwinkle Way.
There are four existing NNN leases, with two units currently available for lease. The seller is expecting full occupancy by June 2026.
Key Highlights
- Boutique 7,895 SF shopping center with two buildings, six units, and 58 parking spaces
- 244 ft of frontage on Periwinkle Way on Sanibel Island
- Tenant mix includes three restaurant spaces plus medical office, general office, and retail
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
401
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Olde Sanibel Shoppes — 630 Tarpon Bay Rd, Sanibel, FL 33957
- Islander Center — 2407 Periwinkle Way, Sanibel, FL 33957
- Palm Ridge Plaza — 2330 Palm Ridge Rd, Sanibel, FL 33957
- Periwinkle Place — 2075 Periwinkle Way, Sanibel, FL 33957
- Town Center — 2496 Palm Ridge Rd, Sanibel, FL 33957
Frequently Asked Questions
What type of property is this?
Shopping center - Renovated two-building center with six units, 58 parking spaces, and 244 feet of frontage on Periwinkle Way.
Where is this shopping center located?
The property is located at 2407 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: Boutique 7,895 SF shopping center with two buildings, six units, and 58 parking spaces; 244 ft of frontage on Periwinkle Way on Sanibel Island; Tenant mix includes three restaurant spaces plus medical office, general office, and retail
