$325,000
( )
 $1,745 est/mo Sourced by Back At You

1640 Periwinkle Way 5,SANIBEL, FL 33957

SANIBEL, FL 33957

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Description

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.

Details

MLS #2026026479
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1978
Days On Site87
Listing Provided ByPremier Sotheby's Int'l Realty | Jeffrey Burns

Features

Story(s)1
Acreage0.14
Water FrontYes

Interior

Rooms Total0
Cooling Yes / NoNo
Heating Yes / NoNo
Fireplace Yes / NoNo

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo

Taxes

Tax Annual Amount4345.09
Tax Legal DescriptionLIME TREE CENTER I COMM CONDO UNIT 5 OR 1267 PG 546
Tax Year2025

Area Information

StateFL
CountyLee
CitySANIBEL
Zip Code33957
Listing VS Median (in 33957)
Price:
$325,000
low | high
Med:
$950,000
100% of Average
On site:
87
low | high
Med:
120
72.5% of Average
Sourced by Back At You

Market Activity 33957

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Learn More About This Property

StateFL
CountyLee
CitySANIBEL
Zip Code33957
Listing VS Median (in 33957)
Price:
$325,000
low | high
Med:
$950,000
100% of Average
On site:
87
low | high
Med:
120
72.5% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $243K - $406K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1640 Periwinkle WAY 3 Property Photo 1
$225,000
1640 Periwinkle Way 3
Sanibel, FL 33957
Listing Updated: September 1, 2026 at 4:51:35 PM PDT