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Property profile & analytics
OFF-MARKET
Office buildings
1560 Periwinkle Way Sanibel, FL 33957-4519
Entity Owned
Free & Clear
Property ID
US18-1432790
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,792 SF
Lot
1.3 ac (56,525 SF)
APN
30-46-23-T1-00101.0050
UPID
US18-1432790
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
VIP Realty Sanibel & Captiva Real Estate Agency
-
Mary Lou Bailey Broker - VIP Realty Real Estate Agency
-
Tina DiCharia, Realtor of Sisters Selling SWFL Real Estate Agency
-
James & Penny Hetmanek Real Estate Agency
-
Janka Varmuza LLC, Broker Associate/Realtor® MBA, RSPS, SCIS, CFRM with VIP Realty Sanibel and Captiva Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Saunders Family Limited Partnership
Saunders Family Limited Partnership
since 2025
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sanibel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanibel submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,407
Tax year 2023
Assessed value
$1,072,855
Assessed 2023
Previous assessed
$1,255,177
-14.5% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,072,845
Assessed improvement
$10
Land market value
$1,072,845
Improvement market value
$10
Total market value
$1,072,855
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
5,792 SF
Lot
1.3 ac (56,525 SF)
APN
30-46-23-T1-00101.0050
UPID
US18-1432790
Jurisdiction
LEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
Saunders Family Limited Partnership
Entity
Free & Clear · 0 yrs held
Mailing address
13131 UNIVERSITY DR, FORT MYERS, FL 33907-5716
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2026
—
Saunders Family Limited Partnership
—
Deed
related
$1,855,000 · Cibc Bank USA
Aug 19, 2025
$2,650,000
Saunders Family Limited Partnership
Karen Jeane Hall Revocable Trust
Warranty Deed
—
Jul 17, 2020
—
Karen J Hall
—
Deed
related
$1,540,000 · Finemark Nat'l Bk&tr
Jun 11, 2012
—
1560 Periwinkle LLC
Ashby,charles C
Warranty Deed
—
Dec 12, 2005
$509,700
Hall Karen J Trust
Hall,james D SR
Warranty Deed
related
—
Apr 21, 1998
$345,200
James D Hall
Baker,jerry L
Grant Deed
—
Oct 3, 1997
$981,800
Charles C Ashby
Frey,m W & Doris W
Grant Deed
$750,000 · Seller
—
—
Charles C Ashby
—
Deed Of Trust
related
$925,000 · First Community Bank Sw Florid
—
—
James D Hall SR.
—
Deed Of Trust
related
$500,000 · Edison National Bank
—
—
1560 Periwinkle LLC
—
Deed Of Trust
related
$1,540,000 · Finemark National Bank & Trust
—
—
Karen J Hall
—
Deed Of Trust
related
$1,540,000 · Finemark Nat'l Bk&tr
—
—
Charles C Ashby
—
Deed Of Trust
related
$221,000 · First Community Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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