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Property Description
A rare opportunity to secure one of the most visible and strategically positioned commercial assemblages on Sanibel Island's iconic Periwinkle Way corridor. Offering approximately 150 feet of prime frontage along the island's primary commercial artery, 1444 and 1446 Periwinkle Way present a unique chance to shape the future of one of Sanibel's most recognizable locations. The combined offering includes three existing structures spread across two commercial parcels, creating exceptional flexibility for investors, owner-users, developers, retailers, restaurants, garden concepts, professional offices, wellness destinations, galleries, showrooms, mixed-use redevelopment, and countless other possibilities. Imagine revitalizing the existing buildings into a collection of charming Old Florida commercial spaces, creating an inviting courtyard-style destination, or starting fresh with a completely new vision designed to maximize visibility, parking, and customer experience along one of the island's highest traffic corridors. Opportunities of this scale, frontage, and flexibility rarely become available on Sanibel, where commercial land has historically remained tightly held for decades. There has never been a more exciting time to invest in Sanibel's future. The island is experiencing a remarkable rebirth as businesses rebuild, reinvent, and reimagine what comes next. New concepts, new architecture, and new energy are returning to the Sanctuary Island, creating an environment unlike any other point in recent history. As long-established properties transition to new ownership and new ideas, buyers have a rare opportunity to become part of the next chapter of Sanibel's commercial evolution. Adjacent to the Bailey Homestead Preserve and Garden Center and neighboring the lands of SCCF, this highly visible location combines natural beauty with exceptional exposure and accessibility. Whether your vision is restoration, redevelopment, investment, or creating an entirely new island destination, 1444 and 1446 Periwinkle Way offer the location, flexibility, and visibility to bring that vision to life. Prime commercial frontage. Exceptional visibility. Endless possibilities. The future of Sanibel is being written now and this is your opportunity to help shape it.
Full Property Details
Full Property Details for 1446 Periwinkle Way
General
- Price: $2,495,000
- Taxes: (2025)
- Status: Active
- Type: Business
- Source: Bonita_Springs
- MLS ID: 2026026549
- Updated: Today (7/16/2026)
- Added to Site: Today
Business
- Business Type: Business w/Property
Location
- Area: SI01 - Sanibel Island
- County: Lee
- Driving Directions: From the Sanibel Causeway turn right onto Periwinkle Way. 1444 and 1446 Periwinkle Way is less than 1 mile on the right.
Utilities
- Utility Description: Electricity Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Description/Design: Industrial: Office Showroom, Office: Business Park, Office: Medical Offices, Office: Office Building, Office: Warehouse, Retail-Commercial: Condominium, Retail-Commercial: Free Standing Building, Retail-Commercial: Other, Retail-Commercial: Restaurant, Retail-Commercial: Retail Pad, Special Purpose: Theatre/Performing Art Facility
- Stories/Levels: 1
- Stories in Building: 1
- Year Built: 1972
Lot Features
- Lot Size (Acres): 1.2
- Lot Size (Sq. Ft.): 52,272
- Lot Size Source: Property Appraiser Office
- Frontage Feet: 150
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $862
- Assoc Fee Freq.: Annually
- Tax Year: 2025
Disclosures and Reports
- Legal Description: BEG 50.5 FT SW FROM INTER ST RD 867 + E LINE SW 1/4 OF SW 1/4 TH SWLY 100 FT N
- Inclusions: Business, Building And Land
- Property ID: 19-46-23-T4-00021.0020
Listed by Pfeifer Realty Group LLC
Get Pre-Approved Today
Schools
Schools serving 1446 Periwinkle Way
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
The Sanibel School 3840 Sanibel Captiva Road, Sanibel, FL 33957 | 6-8 | 3.9 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 11.5 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 14.2 mi |
Estero High School 21900 River Ranch Road, Estero, FL 33928 | 9-12 | 15.9 mi |
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901 | 9-12 | 16.7 mi |
Bonita Springs High School 25592 Imperial Parkway, Bonita Springs, FL 34135 | 9-12 | 18.4 mi |
Dunbar High School 3800 Edison Avenue, Fort Myers, FL 33916 | 9-12 | 18.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1446 Periwinkle Way
Date
Details
Price
Change
Source
7/16/2026
Listed
$2,495,000
—
MLS
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 1446 Periwinkle Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,437
7%
$1,147,033
-23%
2024
$17,303
10%
$1,496,458
15%
2023
$15,687
29%
$1,301,481
40%
2021
$12,141
-3%
$930,886
-4%
2022
$12,482
3%
$968,090
36%
2021
$12,141
28%
$712,217
13%
2018
$9,492
-6%
$630,994
-8%
2019
$10,047
-9%
$682,734
-5%
2017
$11,032
2%
$717,963
—
2016
$10,800
11%
$715,701
18%
2015
$9,766
-1%
$608,685
—
2014
$9,835
-2%
$609,235
—
2013
$9,995
—
$606,420
—
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 1446 Periwinkle Way
1446 Periwinkle Way, Sanibel, FL 33957 (MLS# 2026026549) is a Business property. 1446 Periwinkle Way is currently listed for $2,495,000 and was received on July 16, 2026. Want to learn more about 1446 Periwinkle Way? Do you have questions about finding other Business real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.

