For Sale Commercial MLS# 2026026479

1640 Periwinkle WAY 5

SANIBEL, FL 33957

$325,000

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About 1640 Periwinkle WAY 5

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.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1978
Stories
1
Lot
0.142
Original price
$369,000
MLS #
2026026479

Exterior & lot

Construction
1
Lot
LIME TREE CENTER I COMM CONDO UNIT 5 OR 1267 PG 546, 25-46-22-T2-00900.0050

Schools

District
Lee County School District

Financial

Financial
Florida Gulf Coast
Annual tax
$4,345
Tax year
2025
Parcel
25-46-22-T2-00900.0050
Legal
LIME TREE CENTER I COMM CONDO UNIT 5 OR 1267 PG 546

Location

County
Lee
Community
Lee, Florida Gulf Coast

Location

School district
Lee County School District

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Listed by Jeffrey Burns, Premier Sotheby's Int'l Realty

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.