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Offered at $1,100,000Active
beds
—
baths
—
sq ft
—
Built
1981

1149 Periwinkle Way #2

Sanibel, FL 33957

About this home

Open for business and available for immediate occupancy! Welcome to 1149 Periwinkle Way, a distinctive and recently refreshed Olde Florida–style business campus that perfectly blends charm, character, and functionality. This one-of-a-kind property features three free-standing office buildings, all connected by a spacious elevated deck surrounded by lush tropical landscaping—creating a unique setting for inspired island business. Building #2 is an elevated two-story structure offering approximately 1,500± sq. ft. on the main level and another 1,500± sq. ft. on the upper floor, each with its own entrance, two full bathrooms, and the top floor suites also feature a full kitchen. Previously home to a respected real-estate brokerage, property-management firm, and a full service spa- these flexible spaces are ideal for a professional office, creative studio, island inspired retail, or boutique enterprise. The ground level provides over 1,500± sq. ft. of climate-controlled storage along with a private two-car garage—a rare convenience on the island. Recently remodeled and meticulously maintained, this inviting campus is among Sanibel’s most appealing business centers, offering maximum visibility along Periwinkle Way, the island’s main travel artery. With immediate access to the Causeway, the location ensures exceptional convenience for clients and employees alike. Now is the moment to elevate your business and invest in Sanibel’s revitalized future—1149 Periwinkle Way is ready to welcome your vision!

Listing last checked: Listing updated:

Listed by Evan duPont · Michael Saunders & Company · MLS #2025018917

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Details at a glance

Building2 property facts
Style
Office
Year built
1981
Land & utilities1 property facts
Lot size
0.0353 acres
Financial3 property facts
Annual taxes
$11,239
Assessment year
2024
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $1,100,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$6,499 / monthAdjust
Principal & interest
$5,562
Property tax
$937
Insurance
Not entered
HOA
$0

Listing annual taxes: $11,239. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Sld

    $1,349,000 · Sold $1,000,000 · Apr 28, 2023

  2. Sld

    $965,000 · Sold $825,000 · Jan 20, 2022

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About 1149 Periwinkle Way #2

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Request a tour of 1149 Periwinkle Way #2 and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.