Financial
Distress signals
Property profile

1149 Periwinkle Way 1 Sanibel, FL 33957

OFF-MARKET
Office buildings
Property ID
US18-5610998
1,275 SF 0.03 ac lot Built 1981
Last sale Dec 2019 · $295,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 3,014 square foot vacant office condo presents a unique investment opportunity in the desirable Sanibel, Florida market. Located at 1149 Periwinkle Way, this Class B, two-story building (built in 1981) offers unparalleled visibility and accessibility. The property features ample parking, a significant advantage for both employees and clients. Its prime location on Periwinkle Way allows for prominent poly signage, maximizing brand exposure. The interior layout is well-suited

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?
$6k
Tax billed · 2023
Assessed value$536k
Assessed improvement$536k
Effective rate1.14%

Value estimate

· Sep 2026
$275k
$248k – $303k
AI approach$265k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$290/SF
County average, outlier-cleaned · 751 recorded sales of this use type
Observed band · Q1–Q3$154 – $448
Qualifying comparables11

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 Office10.1
HVAC Service9.7
Auto Repair Shop9.5

Location

1149 Periwinkle Way, Unit 1 Sanibel, FL 33957-4701
County assessor Recorded deeds · 10 transfers 11 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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