Financial
Distress signals
Property profile

1039 Periwinkle Way Sanibel, FL 33957

OFF-MARKET
Retail space
Property ID
US18-5547418
1,016 SF 0.84 ac lot Built 1940
Last sale Aug 2008 · $2,025,000
Trust Owned Owner of record is a trust. 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This multi-building commercial property is located on Sanibel Island’s main corridor and has approximately 200 feet of road frontage. The site covers about 1.68 acres and contains three separate buildings. A main flex building of approximately 3,073 square feet was constructed in 2020 and is elevated, providing flexible space that can be used for retail, office, warehouse, or garage-style uses. Two additional retail-oriented buildings are included: “The Bait Box,” a 1,206-square-foot landmark

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$866k
Assessed land$679k
Assessed improvement$187k
Effective rate1.45%

Value estimate

· Sep 2026
$350k
$315k – $385k
AI approach$325k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$314/SF
County average, outlier-cleaned · 266 recorded sales of this use type
Observed band · Q1–Q3$158 – $513
Qualifying comparables6

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.5
Auto Repair Shop12.2
Spa & Massage11.9

Location

1039 Periwinkle Way Sanibel, FL 33957-6926
County assessor Recorded deeds · 8 transfers 6 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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