$5,400,000
1039 & 1041 Periwinkle Way Sanibel, FL 33957
For Sale MLS# 225043990
Commercial
Details for 1039 & 1041 Periwinkle Way
MLS# 225043990
Description for 1039 & 1041 Periwinkle Way, Sanibel, FL, 33957
Sanibel Commons an Investor’s Dream on Sanibel Island. Here’s an exceptional opportunity to acquire a current income-producing property right in the heart of Sanibel Island with 200 feet of prime road frontage for unbeatable visibility. This is a high-exposure, income-producing property perfectly positioned on Sanibel Island’s main corridor! The property covers 1.68 acres and includes three separate buildings, each offering its own unique purpose, character, and income. The Main Flex Building (built in 2020)- is an elevated, modern space offers 3,073 SF of flexible use— for retail, office, warehouse, or garage. It’s well-built and designed with versatility in mind, perfect for a variety of business types. Two tenants in place- one is a well-established and longtime island pool service company with retail component. The Bait Box (1,206 SF)-A beloved Sanibel landmark, built in 1940 and recently renovated and elevated in 2023 to preserve its legacy and withstand the test of time. It’s currently under a multi-year lease, making it a solid source of income from day one. Curio Cottage (717 SF)-Another charming retail boutique building with a long-term tenant already in place. This one adds additional stability and cash flow of the property. You’ll also benefit from a conditional use permit for leased parking, which adds extra value and income potential. The entire property is being offered as real estate only, including the land, fee simple interest in the flex building, leased fee interest in the two retail buildings, and any conditional use permits currently in place. Please note: The real estate is for sale with current tenants in place. Whether you’re looking for a steady investment, a flexible-use property, or a long-term hold in a prime Sanibel location this investment combines reliable cash flow with long-term appreciation potential in a high-demand location. These types of properties don't come around often—especially with built-in tenants and some room to grow.
Listing Information
Property Type: Commercial, Retail, Retail,Warehouse,Commercial,Special Purpose
Status: Active
Lot Size: 0.84 Acres
Year Built: 1940
Stories: 1 Story
Current Use: Commercial,Mixed Use,Retail
County: Lee
Days On Market: 155
Construction Status: Resale
Utilities
Sewer: Septic Tank
Other Utilities: Electricity Available,Sewer Available,Septic Available,Trash Collection,Water Available
Driving Directions
USE GPS
Financial Considerations
Tax/Property ID: 19-46-23-T3-00011.0010
Tax Amount: 13786.94
Tax Year: 2024
A broker reciprocity listing courtesy: Pfeifer Realty Group LLC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1039 & 1041 Periwinkle Way
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1039 & 1041 Periwinkle Way
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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