1640 Periwinkle WAY 5

$369,000

  • sqft
  • Beds
  • Baths
  • Garages

General Information

  • List Price : $369,000
  • City : SANIBEL
  • Acres : 0.142
  • MLS Area :
  • Status Type :
  • Approx. Living Area :
  • Furnished :
  • Date Created : 2026-06-18
  • MLS Number : 2026026479
  • State Or Province : FL
  • Subdivision :
  • County : Lee
  • Bedrooms :
  • Approx. Total Area :
  • Year Built : 1978
  • Potential Short :
  • DOM : 0
  • Address : 1640 Periwinkle WAY 5
  • Postal Code : 33957
  • Development : Array
  • Property Type : Commercial Sale
  • Bath Full :
  • Price per Sq Ft : $60
  • Property Id : 25-46-22-T2-00900.0050
  • Status : Active
  • CDOM : 0

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.

Provided by Premier Sotheby's Int'l Realty

Detailed Property Information

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Unit / Building Information

  • Unit Floor :
  • Unit Number : 5
  • Construction :
  • Total Floors : 1
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Lot Information

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Financial Information

  • Condo Fee :
  • Approval :
  • Tax Year : 2025
  • Condo Fee Freq :
  • Management :
  • Possession : Array
  • Tax Desc : LIME TREE CENTER I COMM CONDO UNIT 5 OR 1267 PG 546
  • Maintenance :

Additional Details

  • Amenities :
  • County Or Parish : Lee
  • Foreclosed REOYN :
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  • Original List Price : 369000
  • Parcel Number : 25-46-22-T2-00900.0050
  • Planned Use :
  • Postal Code Plus :
  • Property Type : Commercial Sale
  • Restrictions :
  • Section :
  • Source of Measurements :
  • State Or Province : FL
  • Street Dir Prefix :
  • Street Number : 1640
  • Sub Condo Name :
  • Unit Number : 5
  • View :
  • Waterfront YN :
  • CDOM : 0
  • Close Date :
  • Community Type :
  • Date Created : 2026-06-18
  • Full Address : 1640 Periwinkle WAY 5
  • Last Change Timestamp : 2026-06-18T20:51:02.537Z
  • List Price : $369,000
  • Lot Unit :
  • Mandatory Club Fee Freq :
  • MLS Area Major : SI01 - Sanibel Island
  • Photo Count : 16
  • Possession : Array
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  • Status : Active
  • Street Dir Suffix :
  • Subdivision Info :
  • Table : Commercial
  • Township :
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  • Association Mngmt Phone : (239) 472-2735
  • Boat Access :
  • Canal Width : $
  • City : SANIBEL
  • Condo Fee :
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  • Current Price : $369,000
  • DOM : 0
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  • Last Change Type : New Listing
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  • Matrix Modified DT : 2026-06-18T21:07:14.338Z
  • MLS Number : 2026026479
  • Other PI Ds :
  • Photo Modification Timestamp : 2026-06-18T21:02:12.997Z
  • Postal Code : 33957
  • Price Per Acre : 2,598,592
  • Rear Exposure :
  • Room Count : 0
  • Source of Measure Lot Dimensions :
  • Status Type :
  • Street Name : Periwinkle
  • Street Suffix : WAY
  • Tax Desc : LIME TREE CENTER I COMM CONDO UNIT 5 OR 1267 PG 546
  • Tax Year : 2025
  • Trees :
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  • Waterfront Desc :
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  • Baths
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1640 Periwinkle WAY 5

$369,000