Address1223 Periwinkle Way, SANIBEL, FL, 33957

Price$3,550,000

  • Land

    Commercial Development Opportunity with Residential as well. 75% of the lot is zoned GC and the back 25% is D2 , which is a residential district. Can build back to the 7,896 SF footprint or create a whole new concept with a boutique plaza with 6 to 9 residents. Mixed use can be used as medical office, restaurant, retail or storage too. Great location with high demand and close to the only island access point. The existing restaurant buildings were impacted by Hurricane Ian.

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    Essential Information

    • MLS® #223045050
    • Price$3,550,000
    • HOA Fees$0
    • Acres2.29
    • TypeLand
    • Sub-TypeCommercial Lot
    • RestrictionsNone
    • StatusActive

    Community Information

    • Address1223 Periwinkle Way
    • AreaSI01 - Sanibel Island
    • SubdivisionTHE DUNES SANIBEL ISLAND
    • CitySANIBEL
    • CountyLee
    • StateFL
    • Zip Code33957

    Amenities

    • AmenitiesRestaurant
    • ViewPond
    • Is WaterfrontYes
    • WaterfrontLagoon

    Exterior

    • Lot DescriptionOversize

    Additional Information

    • Date ListedJune 19th, 2023
    • Days on Market185

    Listing Details

    • OfficeDomainRealty.com LLC

    Utilities

    Electric, Phone Line, Sewer, Trash Removal, Water, Gas

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    Price Change History for 1223 Periwinkle Way, SANIBEL, FL (MLS® #223045050)

    Date Details Change
    Price Reduced from $3,649,000 to $3,550,000 $99,000 (2.71%)
    Price Reduced from $3,650,000 to $3,649,000 $1,000 (0.03%)
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    Community Listings

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