Technical
Financial
Distress signals
Property profile

2411 Periwinkle Way Sanibel, FL 33957

OFF-MARKET
Turn key restaurants
Property ID
US19-0361272
2,302 SF 0.27 ac lot Built 1950
Entity Owned Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,302 SF
Lot 0.27 ac (11,847 SF)
Zoning code TCG
APN 26-46-22-T2-00004.0140
UPID US19-0361272

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing Store

Location

2411 Periwinkle Way Sanibel, FL 33957-3206
Sanibel metro Census 80202 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$180k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2025
5 recorded transactions
2025
$225,000
2011
$575,000
2006
Price N/A
2006
$750,000
2006
Price N/A

Zoning & alternative use

TCG · Sanibel, FL
Zoning description

The purpose of the TCG town center general commercial district is to provide for commercial and mixed use development in the geographical center of the city. Because of this area's relatively good access from Periwinkle…

General category MIXED_USE

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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