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Sold for $550,000
  • $550,000

    1025 Periwinkle Way, Sanibel, FL 33957

    1beds
    0baths
    1,780sqft
    MultiFamily
    Built in 1967
    -- sqft lot
    $637,600 Zestimate®
    $309/sqft
    $1,438 Estimated rent

    Home value

    $637,600

    $555,000 - $727,000

    $1,438/mo

    Zestimate® history
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    Owner options

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    $1,438/mo

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    $1,438/mo

    Rent Zestimate®

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    $3,609/mo

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    $3,609/mo

    Est. payment

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    What's special

    LOOKING FOR THE PERFECT PLACE TO ESTABLISH A BUSINESS ON SANIBEL? TIRED OF PAYING RENT AS A SANIBEL BUSINESS OWNER? THE WAIT IS OVER!! THIS IS WHAT YOU'VE BEEN LOOKING FOR! PREMIER PERIWINKLE WAY LOCATION! FREE STANDING BUILDING THAT IS A PART OF A COMMERCIAL CONDOMINIUM. OWNERS OF THE SHELL COMPANY BUSINESS OPERATE FROM, AND OWN, THIS BUILDING. THE BUSINESS CAN BE PURCHASED SEPARATELY AT A VERY REALISTIC PRICE IF THE PURCHASER OF THE BUILDING WANTS A RETAIL SHELL BUSINESS. OTHERWISE THE OWNER WILL CONSOLIDATE THIS STORE INVENTORY INTO ONE OF THEIR OTHER LOCATIONS AND VACATE THE PREMISES. THE BUILDING IS BELIEVED TO BE IN EXCELLENT CONDITION BUT IS OFFERED AS-IS WITH INSPECTION RIGHTS. EASILY SHOWN AND A FANTASTIC OPPORTUNITY FOR THE RIGHT BUYER!<br/><br/>Brokered And Advertised By: RE/MAX of The Islands<br/>Listing Agent: Arthur L Corace

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 0
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,780 sqft

    Property

    Parking
    • Parking features: Carport
    Lot
    • Size: 1,873 Square Feet
    Details
    • Parcel number: 194623T3007000010

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1967

    Community & HOA

    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $309/sqft
    • Tax assessed value: $517,520
    • Annual tax amount: $7,350

    Price history

    DateEventPrice
    6/30/2026Sold$550,000-32.1%$309/sqft
    Source: Public Record Report a problem
    1/31/2022Sold$810,000+80%$455/sqft
    Source: Public Record Report a problem
    11/15/2010Sold$450,000-26.2%$253/sqft
    Source: Public Record Report a problem
    4/9/2004Sold$610,000+23.9%$343/sqft
    Source: Public Record Report a problem
    9/21/1999Sold$492,500$277/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,350 -2.9%$517,520 -2.5%
    2024$7,569 -2.6%$530,908 -1.1%
    2023$7,771 +33.2%$536,936 +19.8%
    2022$5,832 -0.2%$448,210 +10%
    2021$5,844 +5.8%$407,464 +7.3%
    2020$5,522 +5.8%$379,846 +6.7%
    2019$5,219 $355,902 -7.1%
    2018$5,219 -7.4%$382,946 +13.2%
    2017$5,639 +8.8%$338,200
    2016$5,185 -1.7%$338,200
    2015$5,276 -2.5%$338,200 -11%
    2014$5,410 +55.4%$379,800 +73.1%
    2008$3,482 -0.4%$219,440
    2007$3,498 -5.2%$219,440
    2006$3,688 +11.1%$219,440 +25%
    2004$3,320 -0.3%$175,500
    2003$3,330 -2.2%$175,500
    2002$3,405 $175,500
    2000-- $175,500
    Find assessor info on the county website

    Neighborhood: 33957

    Nearby schools

    GreatSchools rating
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    $637,600
    2% more
    +$12,752
    With Zillow Showcase(estimated)
    $650,352