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520 Tarpon Bay, Sanibel, Florida 33957
29 Sold
MLS# 222081911

520 Tarpon Bay,
Sanibel, Florida 33957
$1,062,500 $1,195,000
Sq.Ft: 2,253 PPSF: $471.59 Type: Commercial/Investment

LOCATION, LOCATION, LOCATION!! This freestanding "Historic" building was the home of the "Coolest Jewelry Store in American" Lily & Co Jewelry Gallery. Property is located across the street from the Bailey's Shopping Plaza and next door to Doc Ford's restaurant. High traffic area for pedestrians, bicyclists and motor vehicles. This property sustained damage from Hurricane Ian and has been completely gutted and is ready for a rebuild. This historic building was built in 1913 but on the tax records in 1930. Cash only purchase.

11.1% DECREASE
(-$132,500)
DAYS ON MARKET: 523 LISTING DATE:
11/14/2022
1504 Periwinkle, Sanibel, Florida 33957
3 Sold
MLS# 223000748

1504 Periwinkle,
Sanibel, Florida 33957
$515,000 $759,000
Sq.Ft: 2,385 PPSF: $215.93 Type: Commercial/Investment

Rare opportunity to purchase commercial property on Periwinkle way, Sanibel, Island, FL. Strong demand for investors/landlords. Excellent Occupancy. Land is 9891 SF with a building area of 2624 sf plus a small building (360 sf) at the back of the property. “The T-Shirt Hut” has been a successful retail shop for many years. Business is not for sale. Please do not enter the store unless you are accompanied by an agent familiar with the property. Don’t wait, this one won’t last!

32.1% DECREASE
(-$244,000)
DAYS ON MARKET: 472 LISTING DATE:
01/04/2023
1101 Periwinkle Unit A2, Sanibel, Florida 33957
14 Sold
MLS# 223001005

1101 Periwinkle A2,
Sanibel, Florida 33957
$340,000 $364,900
Sq.Ft: 688 PPSF: $494.19 Type: Commercial/Investment

Centrally located on Periwinkle Way and ready for immediate occupancy! Condo features an intimate reception area, kitchen, three offices and a private bathroom. Ample parking and professionally maintained grounds create an inviting experience for your future customers. This rare opportunity to own in one of Sanibel's few professional office buildings will not last long! Bring your business to the island today!

6.8% DECREASE
(-$24,900)
DAYS ON MARKET: 470 LISTING DATE:
01/06/2023
975 Rabbit, Sanibel, Florida 33957
3 Sold
MLS# 223016260

975 Rabbit,
Sanibel, Florida 33957
$6,000,000 $6,995,000
Sq.Ft: 125,696 PPSF: $47.73 Type: Commercial/Investment

For Statistics Only.

14.2% DECREASE
(-$995,000)
DAYS ON MARKET: 416 LISTING DATE:
03/01/2023
2400 Palm Ridge Rd Palm Ridge, Sanibel, Florida 33957
11 Sold
MLS# 223036387

2400 Palm Ridge Rd Palm Ridge,
Sanibel, Florida 33957
$2,350,000 $2,600,000
Sq.Ft: 30,631 PPSF: $76.72 Type: Commercial/Investment

Now known as RE/MAX Center of the Islands (formerly Palm Ridge Plaza). A new owner can easily change the name of the center. The center contains approximately 6,000 S.F. of ground level commercial floor area that is currently configured as 3 spaces: Units C1 & C2 each contain 750 SF +- (total 1,500+-) ; C3 = 1,300 SF+-; C4 = 1,700 SF+-; C5 & C6 each contain 750 SF+- (total 1,500+-). There are 6 – 1 bedroom, 1 bath residential units on the upper levels of the 2 story portions at each corner of the center. Each of the apartments contain 500+- S.F. of living area totaling 3,000 S.F. The total approximate floor area of the mixed use center is 9,000 S.F. (See the property appraiser’s records indicating a total of approximately 8,991 S.F.). Features: new blue metal roof on 2 story areas in 2018; new flat roof in 4/23; Apt.R1 conveys furnished; all apts. convey w/appliances; build-back registration on file w/Sanibel city. Attachements mentioned here and indepth information available through your Realtor. Easily viewed with appointment.

9.6% DECREASE
(-$250,000)
DAYS ON MARKET: 341 LISTING DATE:
05/15/2023
1149 Periwinkle Unit 2, Sanibel, Florida 33957
34 Sold
MLS# 223036252

1149 Periwinkle 2,
Sanibel, Florida 33957
$1,000,000 $1,349,000
Sq.Ft: 4,521 PPSF: $221.19 Type: Commercial/Investment

Open for business and available for immediate occupancy! Welcome to 1149 Periwinkle Way; An updated, yet eclectic business center comprised of 3 free standing Olde Florida style office buildings connected by a sprawling elevated deck. Building #2 is an elevated 2 story building with 1,500+/- sq ft of space on the main level and is currently leased to a very successful spa. The top floor space, with it's own entrance, is an additional 1,500+/- sq ft with 2 full bathrooms and a kitchen ( most recently occupied by a property mgt firm and RE office for many years.) The ground level offers over 1,500 sq ft of bonus a/c storage and access to a private two car garage. This recently remodeled campus is one of the most attractive business centers on the island and is sure to bring your business maximum exposure with its premier location along the island's main travel artery, Periwinkle Way, and easy on/off island access with extremely close proximity to the Causeway. Now is the time & opportunity to invest in Sanibel's future!

25.9% DECREASE
(-$349,000)
DAYS ON MARKET: 337 LISTING DATE:
05/19/2023
1046/1048/1090 Periwinkle, Sanibel, Florida 33957
18 Sold
MLS# 223037280

1046/1048/1090 Periwinkle,
Sanibel, Florida 33957
$1,650,000 $2,000,000
Sq.Ft: 2,290 PPSF: $720.52 Type: Commercial/Investment

This is a truly once in a generation opportunity to own Sanibel's iconic Dairy Queen and two surrounding properties. Located near the four-way-stop in a sought-after location with high visibility and great traffic count, this combined offering features three parcels totaling approximately one acre of land and boasting approximately 200 feet of highly desirable Periwinkle frontage. This property features the Dairy Queen restaurant and land including the grandfathered franchise agreement at a very desirable split, a duplex and land behind the restaurant, and a third vacant piece of land adjacent to the west. This popular eatery has been visited by generations of islanders and vacationers alike. Everyone recognizes the Sanibel Dairy Queen, and this reputation is waiting for a new owner and operator. The buildings sustained hurricane damage. This is your opportunity to rebuild a once thriving and iconic island business.

17.5% DECREASE
(-$350,000)
DAYS ON MARKET: 339 LISTING DATE:
05/17/2023