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    Sanibel, FL Restaurants for Sale

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    Prime Commercial Lot on Sanibel
    Updated: Jan 16
    Prime Commercial Lot on Sanibel

    1625 Periwinkle Way, Sanibel, FL 33957

    $2,950,000
    1.08 AC lot
    High‑visibility commercial lot on Sanibel's main thoroughfare in the General Commercial (GC) district.
    Exceptional exposure and strong traffic counts ideal for restaurant, retail, or office space.
    Formerly Sweet Melissa's Cafe, a well‑known business location.
    Option to obtain existing restaurant design plans, saving time and expense.
    Frontage along the island's walking and biking path.
    View details
    Waterfront Commercial Land Parcel
    Updated: May 6, 2025
    Waterfront Commercial Land Parcel

    1223 Periwinkle Way, Sanibel, FL 33957

    $2,999,000
    2.29 AC lot
    200 feet of frontage on Periwinkle Way, Sanibel's main commercial thoroughfare.
    2.5‑plus acres of developable land zoned General Commercial and D2 Upland Wetland.
    Potential to construct 8‑9 residential units or a mixed‑use development.
    Waterfront features include a scenic central lake and frontage along the Sanibel River.
    Iconic history as the former site of the Jacaranda Restaurant and Bar.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 2 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.

    Restaurant and Retail Building with Land
    Restaurant and Retail Building with Land

    17650 San Carlos Boulevard, Fort Myers Beach, FL 33931

    $5,799,000
    3.51 AC lot

    For-sale commercial property with a sizable building, open-air center, and extensive frontage on San Carlos Blvd.

    View details
    New Dutch Bros Investment Opportunity
    New Dutch Bros Investment Opportunity

    11556 Majestic Palms Blvd, Fort Myers, FL 33908

    $3,224,000
    950 sqft

    New construction Dutch Bros with 15-year NNN lease.

    View details
    High-Traffic Corner Retail Opportunity
    High-Traffic Corner Retail Opportunity

    19003 San Carlos Blvd, Fort Myers Beach, FL 33931

    $1,265,000
    0.19 AC lot

    Prime corner location with drive-through, ideal for high-volume business.

    View details
    Waterfront Restaurant Property For Sale
    Waterfront Restaurant Property For Sale

    17501 Harbour Pointe Dr, Fort Myers, FL 33908

    $4,950,000
    5,598 sqft

    Waterfront restaurant property with income potential and resilient structure.

    View details

    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.

    Commercial Redevelopment Site
    Commercial Redevelopment Site

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

    $1,500,000
    0.10 AC lot

    Commercial Boulevard (CB) zoned waterfront-adjacent downtown parcel with approximately 34 feet of frontage and an existing structure.

    View details
    Bayfront Land on San Carlos Island
    Bayfront Land on San Carlos Island

    948 San Carlos Dr lot: 26, Fort Myers Beach, FL 33931

    $3,399,000
    0.48 AC lot

    Half-acre bayfront property with Gulf access and sunset views.

    View details
    Commercial Land Near Fort Myers Beach
    Commercial Land Near Fort Myers Beach

    752 San Carlos Drive, Fort Myers Beach, FL 33931

    $569,000
    0.22 AC lot

    Commercial parcel near beaches, dining, and million-dollar homes.

    View details
    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.

    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

    $820,000
    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

    $1,355,000
    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

    Value Estimation by Request
    2,700 sqft 1.38 AC lot
    View details
    2411 Periwinkle Way
    RESTAURANT

    2411 Periwinkle Way, Sanibel, FL 33957-3206

    Value Estimation by Request
    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

    Value Estimation by Request
    3,356 sqft 1.21 AC lot
    View details
    2340 Periwinkle Way Ste B2
    RESTAURANT

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

    Value Estimation by Request
    619 sqft 0.08 AC lot
    View details
    2340 Periwinkle Way Ste B3
    RESTAURANT

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

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    1,632 sqft 0.39 AC lot
    View details
    1048 Periwinkle Way
    DRIVE-THRU RESTAURANT, FAST FOOD

    1048 Periwinkle Way, Sanibel, FL 33957-6915

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    4,037 sqft 0.29 AC lot
    View details

    Sanibel, FL Restaurants Market Trends and Statistics

    Explore 22 restaurants for sale in Sanibel, FL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $5,949,000.

    Sale prices for restaurant properties in Sanibel, FL start at $2,950,000, averaging $2,974,500, and reaching up to $2,999,000 — 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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    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 $2.5M

    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)

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