The median home value in Sanibel, FL is $905,000.
This is
higher than
the county median home value of $296,000.
The national median home value is $308,980.
The average price of homes sold in Sanibel, FL is $905,000.
Approximately 42% of Sanibel homes are owned,
compared to 7% rented, while
51% are vacant.
Sanibel real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Sanibel real estate agent to arrange a tour today!
Learn more about Sanibel.
Rare opportunity to own Periwinkle Way fronted commercial property for such a price. Located in The Town Center Commercial District, it is in the center of the action. Next door is a shopping/office/services center and across the street is the F.I.S.H. complex and the San Cap Bank. Its location on the bike path further enhances its visibility. Formerly home to several successful restaurants and the original Cheeburger Cheeburger. The Town Center General Commercial Districts allows myriad uses, including: retail, office, services, (take out) restaurant an more. Higher floor area ratios are also permitted. There are two structures, one frame and one CBC. Subject to build back (126-212). Some provisions have been extended and currently expire at the end of the year. May be able to rebuild on the same footprint even if it is relocated on the parcel (respecting setbacks, etc.). This could allow up to eight parking spaces. Property has deeded access to the lift station just East of the parcel.
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 Caf 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!
IMAGINE, THE ISLAND COW VILLAGE! RESIDENTIAL and COMMERCIAL Combined development APPROVED for the following uses: A RESTAURANT within the General Commercial District and EIGHT RESIDENTIAL home sites. (3 SINGLE FAMILY residences, 1 DUPLEX, and 1 TRIPLEX). Previously home to the well-established and highly profitable ISLAND COW RESTAURANT with an EXCEPTIONAL REPUTATION and following from both locals and tourists. The sale includes the land, business rights, APPROVED PLANS and the ISLAND COW BRAND. PRIME LOCATION next to the Community House and City Park along the Islands main thoroughfare with excellent exposure. Ideal location near the City Center with high volume of pedestrian, cyclist and vehicle traffic. In the heart of the island. Steps away from the Periwinkle Plaza Mall, Village Shops, Library, Bustling Farmers Market, Arts and Theatre. Turnkey project- with plans included! EXPERIENCED LOCAL CONTRACTORS, ENGINEERS AND RESTAURANT DESIGNERS SET TO START! Estimated restaurant build time: eight months with the current builder and approved plans. Investment Highlights: Approved plans to EXPAND RESTAURANT SEATING CAPACITY and allow for the DEVELOPMENT OF EIGHT RESIDENTIAL DWELLINGS. Flexibility to DEVELOP IN PHASES, starting with the construction of the restaurant allows for faster income with a fully operational restaurant. Installing the necessary infrastructure: roads, plumbing, and electrical systems to support the residential lots ENSURE FUTURE INVESTMENT PROFITS. LONG-TERM VALUE: Residential Infrastructure development enhances the property's worth, regardless of the residential development path chosen. Build and Sell, Build and lease, sell individual lots or sell to a developer. STRATEGIC PHASING: STAGGERED INVESTMENT APPROACH BY DEVELOPING IN PHASES ALLOWS FOR OPTIMIZING CASH FLOW AND RISK MANAGEMENT. Liquor License: Newly designed plans approved for 120 seats to meeting criteria for new Florida Law 2023-65, effective July 1, 2023. To obtain a 4COP-SFS license.
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 sqft of developed sqftg 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) shall not occur without the sale of the business (Traders Sanibel LLC) offered at $1,200,000. Offered at $5,500,000. www.traderssanibel.com
An opportunity to purchase one of Sanibel's iconic and wildly popular businesses, Traders with a very loyal customer base for over 20 years. The business also operates as a wonderful entertainment venue in addition to a restaurant and it houses a large open retail space unlike any other on the Islands.This is the sale of the business assets only located at the above street address including goodwill, use of fictitious name, inventory and furniture / equipment. The Sale of the business (Traders Sanibel LLC) can occur without the sale of the real estate (Traders Periwinkle LLC) offered at $5,500,000. Offered at $1,200,000. www.traderssanibel.com
AMAZING LOCATION!!! This freestanding "Historic" building was once the home of Lily & Co Jewelry. Property is located across the street from what will be the new Bailey's Shopping Plaza and next door to Doc Ford's restaurant. High traffic area for pedestrians, bicyclists and motor vehicles. This historic building was built in 1913 but on the tax records in 1930. Zoning is Town Center General which is as permissive as it gets on Sanibel. Seller has partnered with City of Sanibel and completely remediated the building to include the following: Demo existing space. Fill crawl space with concrete New Interior Doors New Base and Casing Installed New 24 Gauge Standing Seam Metal Roof New Seamless gutters New Drywall New Cali Longboard Vinyl Plank Flooring throughout Re-caulk all windows and doors Interior and Exterior Paint Updated Plumbing Updated Electrics All new HVAC systems and Mini Split systems New exterior Marine Grade Light Poles
The Island Trading Post is a well-known island business with great visibility and frontage along Periwinkle Way, Sanibel Island's main thoroughfare. Once a bustling store with multiple showrooms and a loyal following, this is your chance to grab a prime location in the heart of Sanibel Island. This amazing offering is combined with the neighboring parcel offering a total of 150 feet of prime Periwinkle frontage and three structures including a 2,358-square-foot retail store in front with multiple showrooms and great parking. There is also a 2,390-square-foot residence in back offering four bedrooms, two baths and private natural views, and the next-door workshop and storage below with a nice apartment above, all along a pond teeming with birds and the Bailey Homestead Preserve beyond. There is plenty of parking in front all with multiple and easy access points to Periwinkle Way. This is your chance to establish a great business with prime frontage, and own multiple residential units all in the heart of Sanibel Island.
Unlock the potential of a unique dual property offering in the heart of Sanibel. Located at the highly visible corner of 1544 Periwinkle Way, this prime commercial property is the perfect anchor for your business, boasting maximum exposure on the island s main thoroughfare. The additional parcel, 905 Fitzhugh Street, adds incredible versatility with a warehouse and an upstairs apartment, combining functionality with residential convenience. The main corner lot is ideal for retail, office, or service businesses, featuring ample space and unbeatable frontage to capture foot and vehicle traffic. The secondary property behind it expands your possibilities with a spacious warehouse for storage or operations and an apartment perfect for rental income, staff housing, or personal use. These properties offer the rare combination of high visibility, flexibility, and income-generating potential, all just moments from Sanibel s beaches and island charm. Whether you're an investor, entrepreneur, or business owner, this is your chance to own a true gem on the island. Opportunities like this don t come often schedule your showing today and turn your vision into reality!
Sanibel; named by Travel & Leisure as one of the top 50 Best Places internationally to visit in 2025, with its restaurants, shops and of course, Sanibel s incredible beaches, rebuilt and open for business. Located in the resort zone and historically operated as a vacation daily rental, this quaint 3 unit Inn is part of that comeback, booking reservations since reopening in March 2024. This gem is a once in a lifetime opportunity for a buyer looking for an impressive income stream. Just steps away from the Donax St beach, it has consistently been a priority destination for visiting tourists that love Sanibel for its shells, beaches and small town vibe. New Central Air Conditioner, new furniture and enhancements in upper unit. The other 2 units have been rebuilt in totality, ground up. Also new roof, new siding, new landscaping, we have focused on each part of the process with forethought and care to make this again a destination for guests throughout the Country and Internationally. This Inn has been rented on the major online accounts since 2017 and has built up a reputation for consistent bookings. 2025 calendar is already booking out, so a buyer will close with income already in place. In addition, many previous guests book direct and come back year after year. This special property is a 100 year land lease with over 50 years remaining and a smart and stable investment without the volatility of other investment options. With all the working policies and procedures already in place, a new owner can virtually take over an established business, streamlined with proven efficiencies and income.
ADDITIONAL PROPERTIES TO BE SOLD AS A PACKAGE INCLUDE: 4788 TRADEWINDS DRIVE - 19-46-22-T2-00400.0540 RESIDENTIAL HOME 1344 JAMAICA DRIVE - 19-46-22-T2-00400.0570 DUPLEX 1350 JAMAICA DRIVE - 19-46-22-T2-00400.0580 DUPLEX Don t miss this incredible investment opportunity to acquire income-producing properties on Sanibel Island. This is a once-in-a-lifetime opportunity to acquire a distinguished portfolio of properties located on and near the Gulf of Mexico. Included in this extraordinary portfolio: Four separate parcels, all within a few yards from each other. A six-unit Gulf-front hotel with unobstructed views of breathtaking sunsets. Two separate duplexes just yards away from the hotel and beach access. A residential piling home with a pool located across the street from the beach and the hotel. Imagine not just owning one, but four exclusive island parcels mere steps away from the pristine shores of the Gulf of Mexico. Seize this once-in-a-lifetime opportunity to own four slices of paradise on Sanibel Island.
Formerly The Sandbar, which was a "true island environment" establishment and landmark steak & seafood house for locals and island guests alike. Now, it is a limited time opportunity to be part of the revitalization of Sanibel Island! Opportunities abound for this one-of-a-kind and cleared 1/2 acre lot just steps from the beach on prestigious West Gulf Drive. Build a business, operate a restaurant, develop a multi-family residence, or relax in the luxuries of a newly built private retreat. Central to everything yet removed from it all! This special property is loaded with history, but the story has only just begun. This is your opportunity to build something meaningful and cement your legacy on Sanibel for the ages.
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