# 1551 Periwinkle Way, Sanibel, FL 33957

> **TL;DR:** commercial, $5,500,000, built 1985.
> A/C. Est. $23,833/mo. Listed 479 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $5,500,000 |
| Year Built | 1985 |
| Lot Size | 130,680 sqft (3.00 acres) |
| Stories | 1 |
| Property Type | Commercial (Retail) |
| Status | For Sale |
| Days on Market | 479 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $23,833 |
| **Total** | **$23,833** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1985
- 3.00 acre lot

## Description

### Agent Description
A rare opportunity to purchase a prime Periwinkle commercial property with excellent exposure and over 200ft of road frontage. The building was originally constructed in 1985 and operated as a shopping center. In 1997 it was reconfigured and reinvented into an avant guard restaurant and retail space which continues to operate very successfully as Traders. The elevated building has over 12,000 sq ft of developed sq ftg with easy access for vendors and consumers alike. Resting on 3 acres it also provides privacy and green space. This offering is for the real estate only and fixtures affixed to the walls or ceiling. The sale of real estate (Traders Periwinkle LLC) CAN occur without the sale of the business (Traders Sanibel LLC). (Traders Periwinkle LLC ) is offered at $5,500,000. (Traders Sanibel LLC) is separately offered at $1,200,000. .. Zoning is General Commercial: Permissible uses include retail stores, professional services, financial institutions, and even specialized retail like art galleries, books, pet store. See attached Zoning document.

## Location

- **Address:** 1551 Periwinkle Way, Sanibel, FL 33957
- **County:** Lee
- **Coordinates:** 26.441465, -82.055338
- **Google Maps:** https://www.google.com/maps?q=26.441465,-82.055338

## Listing Agent

- **Name:** Phaidra McDermott
- **Brokerage:** Kingfisher Real Estate, Inc.
- **Phone:** 2398983778
- **Email:** Phaidra@GoKingfisher.com

## Primary Photo

![1551 Periwinkle Way - Primary Photo](http://lh.rdcpix.com/44838909ee5741caa171e63b164f592dl-f3667495911r.jpg)

*47 total photos available on [listing page](https://www.propertysimple.com/listing/1551-periwinkle-way-sanibel-fl-33957-25014247)*

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**MLS#:** 225014247 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1551-periwinkle-way-sanibel-fl-33957-25014247)

---

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