1640 Periwinkle Way 5 Sanibel, FL $ 369,000
1640 Periwinkle Way 5
$ 369,000
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1640 Periwinkle Way 5

Sanibel, FL, 33957
$ 369,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,272

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Commercial Property for sale in Sanibel, FL

for $369,000. This building was built in 1978 on a lot size of 0.142.

Position your business or investment in a professionally updated office condominium located in one of Sanibel's most active commercial districts. This corner office condominium is one of only two commercial units in the plaza offering the largest floor plan, with approximately 1,200 square feet of air-conditioned space within a five-unit, partially elevated building that has been recently renovated with a new shingle roof and firewalls between each office condominium. Located at the end of the plaza, the corner location provides additional privacy, abundant natural light through extra windows and convenient parking for customers and staff. The current layout includes a reception area, three private offices and a private half bath, offering flexibility for a variety of professional and service-oriented businesses. Just steps from Jerry's Foods, this highly visible mid-island location benefits from consistent local traffic and convenient accessibility for island residents and visitors. The plaza has historically accommodated a diverse mix of successful businesses, including accounting, chiropractic, veterinary, wellness, real estate and vacation rental operations. For investors, the current tenant is on a month-to-month lease and has expressed willingness to execute a lease renewal, creating a potential opportunity for immediate income. Monthly condominium fees of $750 include building insurance, water, sewer, trash service and pest control, helping simplify ownership and operating expenses. Whether seeking a space for your professional service or medical business, a satellite office or income-producing investment, this office condominium offers a flexible floor plan, established commercial presence and a central Sanibel location.

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Commercial Active

Price

$ 369,000

Property Type

Commercial

Taxes

$ 4,345

Style

Office

Lot Size

0.142

Year Built

1978

Town/City

Sanibel

County/Region

Lee

MLS | Web ID

2026026479

Features
General
HOA Fee 0
Year Built 1978
Unit Number 5
Property Subtype Office
Tax Year 2025
Current Use Office
Business Type Medical Professional/Office Other Warehouse
Waterfront Features None
HOA Fee 2 0
County Lee
Property Type Commercial Sale
Status Active
City Sanibel
Land Lease Amount 0
MLS Area SI01 - Sanibel Island
Lot Size Units Acres
Tax Annual Amount 4345.09
Lease Considered Y/N false
Virtual Tour https://www.zillow.com/view-imx/2738f447-fe01-4e25-bdd8-c5cff0eb42c5?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Standard Status Active
Property Sub Type Additional Office Retail Warehouse Commercial
Legal Description LIME TREE CENTER I COMM CONDO UNIT 5 OR 1267 PG 546
HOA Fee 3 0
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Interior
Total Stories 1
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Exterior
Lot Size Area 0.142
Lot Size Acres 0.142
Lot Size Source Appraiser
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Jeffrey Burns

Listing Agent

Premier Sotheby's Int'l Realty

Broker

jeff.burns@premiersir.com

Email

Affordability Calculator

$2,634
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,272
Monthly Property Taxes
$362
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2026$369,000 Listed Price

Map


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1640 Periwinkle Way 5, Sanibel, FL, 33957 is a Commercial Property for sale at $369,000 with a lot size of 0.142. 1640 Periwinkle Way 5 was built in 1978. The property's zip code is 33957 which is in Sanibel, FL