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1625 Periwinkle Way 1.21 Acres of Commercial Land Offered at $3,125,000 in Sanibel, FL 33957

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INVESTMENT HIGHLIGHTS

  • Potential to obtain a liquor license, adding additional value and appeal to the property for future business ventures.
  • High-visibility commercial lot along Sanibel's main thoroughfare, Periwinkle Way, offering exceptional exposure and high traffic.
  • Option to obtain design plans for redevelopment into a restaurant, enhancing the property’s value.
  • Easily accessible location near shops, hotels, and island amenities, perfect for retail, restaurant, or professional office use.

EXECUTIVE SUMMARY

Prime Commercial Lot! This is your opportunity to own a high-visibility commercial lot in the heart of Sanibel! Located along the island’s main thoroughfare, this General Commercial (GC) district property offers exceptional exposure and high traffic counts, making it the perfect site for a restaurant, retail space, or professional office. This lot was once home to beloved local favorite Sweet Melissa’s Café and presents an exciting opportunity to revive this thriving business location. Depending on your vision, there is an option to obtain the design plans for redevelopment of a restaurant and an opportunity to obtain a liquor license, adding value and potential to your investment. With prime frontage on Periwinkle Way, easy accessibility, a pedestrian-friendly location close to shops, hotels, and island amenities, this property is ideal for entrepreneurs and investors looking to make their mark on Sanibel’s commercial landscape. Don’t miss out on this exceptional development opportunity in one of Southwest Florida’s most sought-after destinations!

PROPERTY FACTS

Price $3,125,000
Sale Type Investment
Sale Conditions
1031 Exchange
  • Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 1.21 AC
Zoning General Commercial - The GC general commercial district can be found in Sec. 126-490 of the Sanibel Plan Permitted Usage.

1 LOT AVAILABLE

Lot

Price $3,125,000
Price Per AC $2,582,644.63
Lot Size 1.21 AC

Prime commercial lot located along Periwinkle Way in the heart of Sanibel.

DESCRIPTION

Permitted uses. (a)Primary intended uses. Primary intended commercial uses in the GC general commercial district are the following, provided no such use involves on-site food preparation or processing, drive-in or drive-through facilities, or outdoor storage, so as to require conditional use approval:(1)Accounting, auditing and bookkeeping services.(2)Advertising agents.(3)Animal training and grooming services.(4)Apparel and apparel accessories stores (retail).(5)Appraisers.(6)Architectural, engineering and surveying services.(7)Artists' studios (retail).(8)Auctioneering services.(9)Auto and home supply stores (retail).(10)Bait and tackle shops (retail).(11)Banks.(12)Barber shops.(13)Beauty shops.(14)Bicycle shops (retail).(15)Blueprinting and photocopying services.(16)Book stores (retail).(17)Building contractors and subcontractors.(18)Building materials stores (retail).(19)Business associations.(20)Cablevision services.(21)Camera and photographic supply stores (retail).(22)Candy, nut and confectionery stores (retail).(23)Carpet and upholstery cleaning.(24)Child care services.(25)Children's and infant's wear stores (retail).(26)Cleaning and maintenance services.(27)Commercial art galleries (retail).(28)Commercial photography.(29)Communication services.(30)Computer services.(31)Credit institutions.(32)Dairy products stores (retail).(33)Detective agencies and protective services.(34)Developers.(35)Disinfecting and exterminating services.(36)Drug stores and pharmacies (retail).(37)Florists (retail).(38)Fruit and vegetable markets (retail).(39)Funeral homes and parlors.(40)Furniture and wood products, manufacturing.(41)Furniture stores (retail).(42)Garment pressing, and agents, laundries and dry cleaning.(43)Gift, novelty, and souvenir shops, including shell shops (retail).(44)Hand painting and printing of textiles.(45)Hardware stores (retail).(46)Health clubs or spas.(47)Hobby, toy and game stores (retail).(48)Home inspection and home watch services.(49)Household appliance stores (retail).(50)Insurance agents.(51)Interior decorators.(52)Jewelry stores (retail).(53)Landscape and horticultural services.(54)Legal services.(55)Linen supply.(56)Liquor stores (retail).(57)Luggage and leather goods stores (retail).(58)Mail order houses and distributors.(59)Management, consulting and public relation services.(60)Mortgage bankers and brokers.(61)Music stores (retail).(62)News dealers (retail).(63)Notary publics.(64)Offices of dentists.(65)Offices of health practitioners.(66)Offices of physicians.(67)Office sharing.(68)Office supply stores (retail).(69)Optical goods stores (retail).(70)Packaging and labeling services.(71)Paint, glass and wallpaper stores (retail).(72)Pet food stores (retail).(73)Pet shops (retail).(74)Printing, publishing and allied industries.(75)Professional membership organizations.(76)Professional studios involving the teaching of dance, and fine arts.(77)Radio and television stores (retail).(78)Real estate agents and managers.(79)Religious goods stores (retail).(80)Repair shops.(81)Retail bakeries (retail).(82)Retail nurseries, lawn and garden supply stores (retail).(83)Re-upholstery and furniture repair.(84)Savings and loan associations.(85)Security brokers and services.(86)Sewing, needlework, and piece goods stores (retail).(87)Shoe stores (retail).(88)Sign painting and lettering shops.(89)Sporting goods stores (retail).(90)Stationery and card stores (retail).(91)Swimming pool cleaning and maintenance.(92)Tailoring and dressmaking services.(93)Taxicab services.(94)Telephone message services.(95)Title abstract offices.(96)Tobacco shops (retail).(97)Tool and equipment rental.(98)Travel agents.(99)Uniform supply stores.(100)Used merchandise stores (retail).(101)Veterinary services.(102)Video equipment and tapes, sales and rentals (retail).(103)Warehousing and storage.(b)Other permitted uses. The following uses are also permitted in the GC general commercial district:(1)Single-family dwellings.(2)Duplex dwelling units.(3)Residential cluster developments and multifamily developments, subject to the provisions of section 86-71 (development standards; residential) average occupancy rate.

Bike Score®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-46-22-T2-00016.0050
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$914,520
  • Listing ID: 35011221

  • Date on Market: 3/4/2025

  • Last Updated:

  • Address: 1625 Periwinkle Way, Sanibel, FL 33957

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