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$995,000 -$105,000 (-9.55%) Price Reduced
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Property Description
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!
Full Property Details
Full Property Details for 1149 Periwinkle Way #2
General
- Price: $995,000
- Taxes: (2024)
- Status: Active
- Type: Office
- Source: Bonita_Springs
- MLS ID: 2025018917
- Updated: 10/15/2026
- Added to Site: 340 day(s) ago
Business
- Business Type: Commercial Only
Parking
- Covered Spaces: 2
- Total Spaces: 14
Location
- Area: SI01 - Sanibel Island
- County: Lee
Heating & Cooling
- Air Conditioning: Yes
Structural Information
- Description/Design: Office, Retail
- Stories/Levels: 3
- Stories in Building: 3
- Year Built: 1981
Lot Features
- Lot Size (Acres): 0.0353
- Lot Size (Sq. Ft.): 1,537
- Lot Size Source: Property Appraiser Office
- Frontage Feet: 200
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $220
- Assoc Fee Freq.: Annually
- Tax Year: 2024
Disclosures and Reports
- Legal Description: 1149 PERIWINKLE COMMERCIAL CONDOMINIUM DESC IN INST#2009000042417 UNIT 2
- Inclusions: Building And Land
- Property ID: 19-46-23-T3-01200.0002
Listed by Michael Saunders & Company
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Price & Sales History for 1149 Periwinkle Way #2
Date
Details
Price
Change
Source
10/15/2026
Price Reduced
$995,000
-9.55%
MLS
11/09/2025
Listed
$1,100,000
10%
MLS
9/05/2023
Sold
$1,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1149 Periwinkle Way #2
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,844
—
$760,984
10%
2025
$9,844
-12%
$691,804
-12%
2024
$11,239
-3%
$787,637
-1%
2023
$11,539
21%
$796,580
15%
2022
$9,519
-4%
$691,568
—
2021
$9,893
—
$689,929
7%
2021
$9,893
12%
$643,183
7%
2019
$8,835
3%
$602,628
5%
2018
$8,578
-2%
$572,660
—
2017
$8,777
2%
$572,660
—
2016
$8,623
11%
$572,660
18%
2015
$7,803
-3%
$487,350
-2%
2014
$8,037
27%
$498,560
27%
2013
$6,322
—
$393,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1149 Periwinkle Way #2
1149 Periwinkle Way #2, Sanibel, FL 33957 (MLS# 2025018917) is a Office property. 1149 Periwinkle Way #2 is currently listed for $995,000 and was received on November 09, 2025. Want to learn more about 1149 Periwinkle Way #2? Do you have questions about finding other Office real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.

