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Offered at $325,000Active
beds
—
baths
—
sq ft
—
Built
1978

1640 Periwinkle Way #5

Sanibel, FL 33957

About this home

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.

Listing last checked: Listing updated:

Listed by Jeffrey Burns, Tiffany Burns · Premier Sotheby's Int'l Realty · MLS #2026026479

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Details at a glance

Building2 property facts
Style
Office
Year built
1978
Land & utilities1 property facts
Lot size
0.142 acres
Financial3 property facts
Annual taxes
$4,345
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $325,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,005 / monthAdjust
Principal & interest
$1,643
Property tax
$362
Insurance
Not entered
HOA
$0

Listing annual taxes: $4,345. 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.

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About 1640 Periwinkle Way #5

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Request a tour of 1640 Periwinkle Way #5 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.

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