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Mixed-Use Land for Sale in Sanibel, Florida

1551 Periwinkle Way, Sanibel, FL 33957

$5,500,000
3 acres
Active
Est $27,291/mo

A rare opportunity to purchase a prime Periwinkle commercial property with excellent exposure and over 200ft of road frontage. The building was originally constructed in 1985 and operated as a shopping center. In 1997 it was reconfigured and reinvented into an avant guard restaurant and retail space which continues to operate very successfully as Traders. The elevated building has over 12,000 sq ft of developed sq ftg with easy access for vendors and consumers alike. Resting on 3 acres it also provides privacy and green space. This offering is for the real estate only and fixtures affixed to the walls or ceiling. The sale of real estate (Traders Periwinkle LLC) CAN occur without the sale of the business (Traders Sanibel LLC). (Traders Periwinkle LLC ) is offered at $5,500,000. (Traders Sanibel LLC) is separately offered at $1,200,000. .. Zoning is General Commercial: Permissible uses include retail stores, professional services, financial institutions, and even specialized retail like art galleries, books, pet store. See attached Zoning document.

Sq feet
1985
Built

Location

Street address
1551 Periwinkle Way
Community
SI01 - Sanibel Island
Elevation
3 feet
Coordinates
26.4415, -82.0553

Property details

Acreage
3 acres
MLS #
FMSW 225014247
Posted

Property taxes

2024
$4,103 - PARL IN NW 1/4 OF NW 1/4 PER OR 1769 PG 1731 + OR 1769 PG 1729 LESS RD R/W

Parcels

  • 30-46-23-T1-00004.0020

Legal description

Details and features

Listing

Type
Residential
Subtype
Retail

Structure

Stories
1

Listing history

DateEventPriceChangeSource
Feb 7, 2025New listing$5,500,000FMSW
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This 3-acre property is located at 1551 Periwinkle Way in Sanibel, FL 33957. The property is available for sale for $5,500,000. It has a structure built in 1985.

Checked 49 mins ago — Updated

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