For Sale Commercial MLS# 2026026549

1446 Periwinkle WAY

SANIBEL, FL 33957

$2,495,000

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About 1446 Periwinkle WAY

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.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1972
Stories
1
Lot
1.2
Original price
$2,495,000
MLS #
2026026549

Exterior & lot

Construction
1
Lot
BEG 50.5 FT SW FROM INTER ST RD 867 + E LINE SW 1/4 OF SW 1/4 TH SWLY 100 FT N, 19-46-23-T4-00021.0020

Schools

District
Lee County School District

Utilities

Utilities
Electricity Connected, Sewer Connected, Water Connected, Electricity on Property

Financial

Financial
Florida Gulf Coast
Annual tax
$18,437
Tax year
2025
Parcel
19-46-23-T4-00021.0020
Legal
BEG 50.5 FT SW FROM INTER ST RD 867 + E LINE SW 1/4 OF SW 1/4 TH SWLY 100 FT N

Location

County
Lee
Community
Lee, Florida Gulf Coast

Location

School district
Lee County School District

Ask about this property

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Listed by Dawn Marie Ramsey, Pfeifer Realty Group LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.