1625 Periwinkle Way, Sanibel, FL 33957 - Photo 1

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$2,950,000 Just Listed

For Sale
Active
Commercial Land
1.076 Acres
Updated 9 hours ago

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Property Description

This is your opportunity to own a high-visibility commercial lot in the heart of Sanibel. Located along the island's main thoroughfare in the General Commercial (GC) district, this property offers exceptional exposure and strong traffic counts, making it an ideal site for a restaurant, retail space, or professional office. Formerly home to beloved local favorite Sweet Melissa's Café, this site presents an exciting opportunity to bring new life to a well-known business location. For buyers with a restaurant vision, there is an option to obtain existing design plans, helping save significant time and expense in the redevelopment process. With frontage along the island's walking and biking path and constant visibility to both incoming and outgoing traffic, this property delivers outstanding exposure for any business or investment. Centrally positioned in a pedestrian-friendly setting near shops, hotels, and island amenities, it offers an exceptional location for entrepreneurs and investors ready to make their mark on Sanibel's commercial landscape. Don't miss this rare opportunity to invest in one of Southwest Florida's most sought-after island destinations.

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Full Property Details

Full Property Details for 1625 Periwinkle Way

General

Price: $2,950,000
Taxes: $13,080 (2025)
Status: Active
Type: Commercial Land
Source: Bonita_Springs
MLS ID: 2026002902
Updated: 1/16/2026
Added to Site: 1 day(s) ago

Additional Information

Shared Amenities: See Remarks, Sidewalks, Non-Gated

Location

Area: SI01 - Sanibel Island
County: Lee
Subdivision: METES AND BOUNDS
Building Name: METES AND BOUNDS
Driving Directions: Enter the island from the Sanibel Causeway. Turn right onto Periwinkle Way 1.2 miles turn left into the lot.
Direction Faces: North

Community

Assoc. Fees Include: None

Utilities

Sewer: Central
Water: Central
Utility Description: Electricity Available, Sewer Available, Trash Removal, Water Available

Structural Information

Description/Design: Commercial Lot
Current Bldg. Use: Commercial

Lot Features

Property View: Landscaped Area
Lot Size (Acres): 1.076
Lot Size (Sq. Ft.): 46,870
Lot Size Source: Survey
Lot Dimensions: 150 x 150 x 325 x 325
Frontage: Public Road
Frontage Feet: 150
Street/Road Desc.: Paved
Irrigation System: None
Lot Features: Oversize, Cleared
Potential Use: See Remarks, Professional
Lot Description: Oversize, Cleared

Water Features

Water Front Desc.: None
Canal Width: None

Financial Considerations

Price Per Acre: $2,741,635
Tax Amount: $13,080
Tax Year: 2025
Terms: Buyer Finance/Cash

Disclosures and Reports

Legal Description: PARL IN NE 1/4 OF NE 1/4 S OF SR 867 AS DESC IN OR 0791/0458
Property ID: 25-46-22-T2-00016.0050
Section: 25

Listed by Pfeifer Realty Group LLC

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Listing agents

— 1625 Periwinkle Way —

Pfeifer Realty Group LLC
Pfeifer Realty Group LLC

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Schools

Schools serving 1625 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	3.7 mi
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919	9-12	11.8 mi
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912	9-12	14.5 mi
Estero High School 21900 River Ranch Road, Estero, FL 33928	9-12	16.2 mi
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901	9-12	17 mi
Bonita Springs High School 25592 Imperial Parkway, Bonita Springs, FL 34135	9-12	18.6 mi
Dunbar High School 3800 Edison Avenue, Fort Myers, FL 33916	9-12	19 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1625 Periwinkle Way Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/16/2026

Listed

$2,950,000

83.8%

MLS

8/15/2008

Sold

$1,605,000

—

Public Record

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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 1625 Periwinkle Way

Year

Property Taxes

Change

Tax Assessment

Change

2025

$13,620

$1,053,791

—

2024

$12,939

-32%

$1,053,791

-17%

2023

$18,976

$1,265,172

-3%

2021

$18,328

$1,301,652

2022

$17,875

-2%

$1,256,126

16%

2021

$18,328

16%

$1,083,422

2018

$15,778

-3%

$1,014,088

-1%

2017

$16,303

-1%

$1,025,444

—

2016

$16,527

$1,023,259

2015

$16,170

$984,493

—

2014

$16,067

—

$984,542

-7%

2019

$16,064

—

$1,055,552

2013

$16,125

—

$967,739

—

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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 1625 Periwinkle Way

1625 Periwinkle Way, Sanibel, FL 33957 (MLS# 2026002902) is a Commercial Land property with a lot size of 1.076 acres. 1625 Periwinkle Way is currently listed for $2,950,000 and was received on January 16, 2026. Want to learn more about 1625 Periwinkle Way? Do you have questions about finding other Commercial Land real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.

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1625 Periwinkle Way Sanibel, FL 33957