This is your opportunity to own a high-visibility commercial lot in the heart of Sanibel. Located along the island’s main thoroughfare in the General Commercial (GC) district, this property offers exceptional exposure and strong traffic counts, making it an ideal site for a restaurant, retail space, or professional office. Formerly home to beloved local favorite Sweet Melissa’s Café, this site presents an exciting opportunity to bring new life to a well-known business location. For buyers with a restaurant vision, there is an option to obtain existing design plans, helping save significant time and expense in the redevelopment process. With frontage along the island’s walking and biking path and constant visibility to both incoming and outgoing traffic, this property delivers outstanding exposure for any business or investment. Centrally positioned in a pedestrian-friendly setting near shops, hotels, and island amenities, it offers an exceptional location for entrepreneurs and investors ready to make their mark on Sanibel’s commercial landscape. Don’t miss this rare opportunity to invest in one of Southwest Florida’s most sought-after island destinations.
224 days on market · Listing updated April 8, 2026
| Date | Event | Price |
|---|---|---|
| Jan 16, 2026 | Original list price | $2,950,000 |
Reflects listing data on file, not a complete transaction history.
Listed by Dawn Marie Ramsey, Pfeifer Realty Group LLC
Co-listed by Eric Pfeifer, Pfeifer Realty Group LLC
$2,950,000
1625 Periwinkle WAY, SANIBEL
$16,201
est. monthly payment
Estimate only — actual payment depends on your lender, credit profile, and final loan terms.
The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3468074. Properties displayed on this Website include properties listed with brokerage firms other than Sands Real Estate & Property Management. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service.