Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    1.2

  • Lot Size(square feet)

    52,272

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $2,495,000

  • Tax Amount

    $18,437.14

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • New Construction

    NO

  • Senior Community YN

    NO

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Listing Courtesy of Dawn Marie Ramsey , Pfeifer Realty Group LLC

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A rare opportunity to secure one of the most visible and strategically positioned commercial assemblages on Sanibel Island's iconic Periwinkle Way corridor. Offering approximately 150 feet of prime frontage along the island's primary commercial artery, 1444 and 1446 Periwinkle Way present a unique chance to shape the future of one of Sanibel's most recognizable locations. The combined offering includes three existing structures spread across two commercial parcels, creating exceptional flexibility for investors, owner-users, developers, retailers, restaurants, garden concepts, professional offices, wellness destinations, galleries, showrooms, mixed-use redevelopment, and countless other possibilities. Imagine revitalizing the existing buildings into a collection of charming Old Florida commercial spaces, creating an inviting courtyard-style destination, or starting fresh with a completely new vision designed to maximize visibility, parking, and customer experience along one of the island's highest traffic corridors. Opportunities of this scale, frontage, and flexibility rarely become available on Sanibel, where commercial land has historically remained tightly held for decades. There has never been a more exciting time to invest in Sanibel's future. The island is experiencing a remarkable rebirth as businesses rebuild, reinvent, and reimagine what comes next. New concepts, new architecture, and new energy are returning to the Sanctuary Island, creating an environment unlike any other point in recent history. As long-established properties transition to new ownership and new ideas, buyers have a rare opportunity to become part of the next chapter of Sanibel's commercial evolution. Adjacent to the Bailey Homestead Preserve and Garden Center and neighboring the lands of SCCF, this highly visible location combines natural beauty with exceptional exposure and accessibility. Whether your vision is restoration, redevelopment, investment, or creating an entirely new island destination, 1444 and 1446 Periwinkle Way offer the location, flexibility, and visibility to bring that vision to life. Prime commercial frontage. Exceptional visibility. Endless possibilities. The future of Sanibel is being written now and this is your opportunity to help shape it.

1446 Periwinkle WAY

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Exceptional mixed-use investment opportunity in the heart of Sanibel Island’s Town Center Commercial District.Situated on highly traveled Palm Ridge Road, this unique property offers outstanding visibility, a consistent incomehistory, and the rare combination of commercial frontage with scenic lake views and tropical wildlife surroundings.The property consists of three buildings featuring seven remodeled residential apartments and six establishedcommercial units, along with two separate garage/storage rentals providing additional income. Several residentialunits enjoy peaceful lake views, enhancing tenant appeal. The residential component includes seven bedrooms andseven bathrooms, while the 6 commercial spaces are equipped with eight half-bathrooms, allowing for flexibleconfigurations suited to professional, retail, service, or live-work uses. This asset has a proven track record as anincome-producing property and has previously been utilized by the City of Sanibel, underscoring its versatility andlong-term value within the community. Ideally positioned with convenient access to Captiva and all areas of Sanibel,the property is located within one of the island’s most established and desirable commercial corridors. Occupancyhas remained consistently strong, with all commercial units currently leased and all but one residential unit occupied.Detailed rent rolls and financials are available to qualified buyers. For investors seeking to be part of the early stagesof Sanibel and Captiva’s resurgence, this property offers a rare opportunity to acquire a stabilized, income-producingasset while positioning for the next chapter of growth, revitalization, and long-term appreciation in one of SouthwestFlorida’s most iconic island markets.
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