Restaurants
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Sanibel, FL Restaurants for Sale

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Fort Myers, FL Fort Myers Beach, FL St James City, FL
Renovated Boutique Shopping Center
Updated: Feb 5
Renovated Boutique Shopping Center

2407 Periwinkle Way, Sanibel, FL 33957

Contact for pricing
7,895 sqft
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
Complete renovation in 2024–2025 with all‑new interior spaces and new HVAC systems
Four existing NNN leases with two spaces currently up for lease
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Shopping Center with Restaurant Space
Updated: Oct 31, 2024
Shopping Center with Restaurant Space

1551 Periwinkle Way, Sanibel, FL 33957

$5,500,000
3.00 AC lot
More than 12,000 sq ft of developed commercial space
3‑acre elevated property with over 200ft of road frontage
Constructed in 1985 and reconfigured in 1997
Restaurant and retail configuration with vendor and consumer access
General Commercial zoning supports retail, professional services, and financial institutions
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Commercial Land with Existing Building
Commercial Land with Existing Building

1223 Periwinkle Way, Sanibel, FL 33957

$2,999,000

The site combines GC commercial zoning with D2 residential zoning across separate portions.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 3 Active listings in Sanibel, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Commercial Kitchen
Freestanding Commercial Kitchen

16541 San Carlos Boulevard, Fort Myers, FL 33908

$1,250,000
0.38 AC lot

Building-system upgrades support a customizable food-service buildout.

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Ground-Floor Corner Coffee Shop
Ground-Floor Corner Coffee Shop

450 Old San Carlos Boulevard, Fort Myers Beach, FL 33931

$825,000
0.03 AC lot

Commercial condominium with an established coffee shop setup, customer seating, and General Commercial zoning.

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Waterfront Restaurant Property
Waterfront Restaurant Property

17501 Harbour Point Dr., Fort Myers, FL 33908

$4,750,000

Waterfront commercial property leased to an operating restaurant with extension options beyond the current term.

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Mixed-Use Retail and Restaurant Building
Mixed-Use Retail and Restaurant Building

1901 Estero BLVD, Fort Myers Beach, FL 33931

Contact for pricing

This prime Estero Boulevard land and building includes six leased commercial units, including an upstairs restaurant with beach views.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

C-1 Commercial Land Parcel
C-1 Commercial Land Parcel

752 San Carlos Drive, Fort Myers Beach, FL 33931

$569,000
0.22 AC lot

C-1-zoned parcel with public water and sewer service.

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Fort Myers Beach Development Opportunity
Fort Myers Beach Development Opportunity

2310 Estero Blvd, Fort Myers Beach, FL 33931

Contact for pricing
131,333 sqft

Fully entitled beachfront development opportunity on Fort Myers Beach.

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Riverfront Island Land
Riverfront Island Land

Little Shell Island, Fort Myers, FL 33905

$799,000
0.74 AC lot

Secluded, boat-accessible riverfront island zoned AG-2 in the Caloosahatchee River with prior dock history.

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Commercial Corner Lot
Commercial Corner Lot

2450 Estero Boulevard, Fort Myers Beach, FL 33931

$1,575,000
0.23 AC lot

Corner development site with public water and sewer service.

View details

Off-Market Properties in Sanibel, FL

Consider similar Off-Market properties in Sanibel, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1523 Periwinkle Way
RESTAURANT

1523 Periwinkle Way, Sanibel, FL 33957-4513

$3,705,000
Estimated value
4,613 sqft 1.22 AC lot
View details
1036 Periwinkle Way
RESTAURANT

1036 Periwinkle Way, Sanibel, FL 33957-6915

$785,000
Estimated value
2,972 sqft 1.46 AC lot
View details
1200 Periwinkle Way
RESTAURANT

1200 Periwinkle Way, Sanibel, FL 33957-4702

$720,000
Estimated value
6,169 sqft 1.88 AC lot
View details
975 Rabbit Rd
RESTAURANT

975 Rabbit Rd, Sanibel, FL 33957-3037

$1,415,000
Estimated value
4,340 sqft 2.74 AC lot
View details
1223 Periwinkle Way
RESTAURANT

1223 Periwinkle Way, Sanibel, FL 33957-4720

$740,000
Estimated value
7,050 sqft 2.29 AC lot
View details
1473 Periwinkle Way
RESTAURANT

1473 Periwinkle Way, Sanibel, FL 33957-4511

$540,000
Estimated value
2,786 sqft 1.90 AC lot
View details
1020 Periwinkle Way
RESTAURANT

1020 Periwinkle Way, Sanibel, FL 33957-6915

$485,000
Estimated value
2,700 sqft 1.38 AC lot
View details
2411 Periwinkle Way
RESTAURANT

2411 Periwinkle Way, Sanibel, FL 33957-3206

$225,000
Estimated value
2,302 sqft 0.27 AC lot
View details
1244 Periwinkle Way
RESTAURANT

1244 Periwinkle Way, Sanibel, FL 33957-4704

$730,000
Estimated value
5,589 sqft 1.14 AC lot
View details
1625 Periwinkle Way
RESTAURANT

1625 Periwinkle Way, Sanibel, FL 33957-4402

$450,000
Estimated value
3,356 sqft 1.21 AC lot
View details
2340 Periwinkle Way Ste B2
RESTAURANT

2340 Periwinkle Way Ste B2, Sanibel, FL 33957-3203

$205,000
Estimated value
619 sqft 0.08 AC lot
View details
2340 Periwinkle Way Ste B3
RESTAURANT

2340 Periwinkle Way Ste B3, Sanibel, FL 33957-3203

$230,000
Estimated value
739 sqft 0.08 AC lot
View details
2340 Periwinkle Way Ste B1
NIGHTCLUB (COCKTAIL LOUNGE)

2340 Periwinkle Way Ste B1, Sanibel, FL 33957-3203

$225,000
Estimated value
788 sqft 0.08 AC lot
View details
1551 Periwinkle Way
RESTAURANT

1551 Periwinkle Way, Sanibel, FL 33957-4513

$860,000
Estimated value
9,242 sqft 2.90 AC lot
View details
1528 Periwinkle Way
RESTAURANT

1528 Periwinkle Way, Sanibel, FL 33957-4514

$215,000
Estimated value
1,632 sqft 0.39 AC lot
View details
1048 Periwinkle Way
DRIVE-THRU RESTAURANT, FAST FOOD

1048 Periwinkle Way, Sanibel, FL 33957-6915

$205,000
Estimated value
810 sqft 0.44 AC lot
View details
703 Tarpon Bay Rd
RESTAURANT

703 Tarpon Bay Rd, Sanibel, FL 33957-3105

$1,505,000
Estimated value
12,915 sqft 2.52 AC lot
View details
2761 Gulf Dr
RESTAURANT

2761 Gulf Dr, Sanibel, FL 33957-5913

$270,000
Estimated value
3,378 sqft 0.50 AC lot
View details
2255 Gulf Dr
RESTAURANT

2255 Gulf Dr, Sanibel, FL 33957-6104

$850,000
Estimated value
5,508 sqft 10.10 AC lot
View details
937 Gulf Dr
RESTAURANT

937 Gulf Dr, Sanibel, FL 33957-6922

$205,000
Estimated value
4,037 sqft 0.29 AC lot
View details

Sanibel, FL Restaurants Market Trends and Statistics

Explore 23 restaurants for sale in Sanibel, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,895 square feet of properties for sale, with an estimated market value of $8,499,000.

Sale prices for restaurant properties in Sanibel, FL start at $2,999,000, averaging $4,249,500, and reaching up to $5,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 4

Demographics Overview

Population 6,402
Population Growth (5Y) -11.4%
Median Household Income $122,730
College Educated 89.3%

High-Yield Neighborhoods for Investment

Identify Sanibel submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
33957 $4.2M

Taxes & Financing

Tax Rate (average for all types) 1.24%
Property Tax per SF $18.42 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lee County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lee County

Residential Income

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