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$5,400,000
51 Days On Site

1039 & 1041 Periwinkle Way
Sanibel, FL33957

For Sale|Retail|Active
0
Beds
0
Total Baths
1940
Built
County:
Lee
1039 & 1041 Periwinkle Way1039 & 1041 Periwinkle Way1039 & 1041 Periwinkle Way1039 & 1041 Periwinkle Way
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Monthly Payment (Est.)

$24,637
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$5,400,000
Days On Site 
51 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.8379 Acres
Year Built 
1940
MLS® Number 
225043990
Status 
Active
Property Tax 
$13,786.94
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Acres 
0.8379
Additional Property Use 
CommercialMixed UseRetail
Number Of Stories 
1
Property Sub Type 
Retail
Sewer 
Septic Tank
Utilities 
Electricity AvailableSewer AvailableWater Available
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Community Features
MLS Area 
SI01 - Sanibel Island
Listing courtesy of Pfeifer Realty Group LLC


The data relating to real estate for sale on this website comes in part from the Florida Gulf Coast MLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Neighborhood & Commute
Source: Walkscore
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