NOT LISTED FOR SALE

2000 Periwinkle Way Sanibel, FL 33957

Estimated Value: $532,725 - $570,000

-- Bed
1 Bath
800 Sq Ft
$689/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $600,000 $750 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,683/month

146 Days on Market

Highlights

  • Cathedral Ceiling
  • No HOA
  • Central Heating and Cooling System
  • Sanibel Elementary School Rated A-

About This Home

As of November 2023

One of Sanibel's iconic cottages located on Periwinkle Way, "Downtown Sanibel." This cottage has graced Periwinkle Way for over 50 years and weathered storms like a champ. This commercial property is situated on a conforming lot and boasts Olde Florida Style with a cozy front porch, soaring ceilings with cross beams, cupula, back deck and metal roof. Sellers have obtained an estimate to elevate the structure using a unified hydraulic jacking system. Property offers five private offices, reception area and storage. This parcel has been occupied by real estate companies for the last 53 years and could be an excellent retail store. Don't miss this one! COTTAGE CAN BE REBUILT ON THE PROPERTY, CONTACT LISTING AGENT FOR DETAILS.

Last Agent to Sell the Property

James Hall

VIP Realty Sanibel and Captiva License #551962 Listed on: 05/25/2023

VIP Realty Sanibel and Captiva

Last Buyer's Agent

James Hall

VIP Realty Sanibel and Captiva License #551962 Listed on: 05/25/2023

VIP Realty Sanibel and Captiva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,985

Year Built

  • Built in 1970

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 157 x 118

Home Design

  • Metal Roof

Interior Spaces

  • 1 Full Bathroom
  • 800 Sq Ft Home
  • Cathedral Ceiling
  • Single Hung Wood Windows

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-46-22-T1-00003.0110

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,985

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Subdivision Name: Metes And Bounds
  • Class: Residential
  • Property Type: Single Family
  • Legal Description: PARL IN NE 1/4 OF NW 1/4 AS DESC IN OR 0738/0265
  • Strap Number: 25-46-22-T1-00003.0110
  • Subject To F I R P T A: No
  • Year Built: 1970
  • Folio Id: 10021562
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Elevator: No
  • Price Per S Q F T: 750
  • Appliances: See Remarks
  • Estimated Living Sq Ft: 800
  • Bathrooms: 1
  • Bathrooms Display: 1/0
  • Ceiling: Cathedral Ceiling
  • Den: No
  • Fireplace: No
  • Flooring: See Remarks
  • Furnished: No
  • Furnishing: Unfurnished
  • Windows: Single Hung

Exterior Features

  • Waterfront: None/Not Applicable
  • Waterfront: No
  • Coastal Construction: Behind 1974
  • Ext Fin Trim: See Remarks
  • Pool: No
  • View: See Remarks
  • Construction Stat: See Remarks
  • Roof: Metal

Garage/Parking

  • Parking: Other Add Agt Note

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Central Air/Cooling
  • Heating: Central Heat

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.43
  • Geo Update Timestamp: 2023-05-25
  • Geo Address Line: 2000 Periwinkle Way
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Depth: 157
  • Lot Frontage: 118
  • Lot Size Irregular: No
  • Lot Sq Ft: 15364
  • Lot Sq Ft Source: CRS Tax
  • Survey: No

Rental Info

  • Rental: No

Tax Info

  • Tax Amount: 4985
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Nov 27, 2023
Sold by
Jacomawill Of Sanibel Llc
Bought by
Anderson Ln Llc
Seller's Agent
James Hall
VIP Realty Sanibel and Captiva
Buyer's Agent
James Hall
VIP Realty Sanibel and Captiva
List Price
$949,000
Sold Price
$600,000
Premium/Discount to List
-$349,000
-36.78%
Views
73
Current Estimated Value
$576,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,450
Avg. Annual Appreciation
-3.96%

Purchase Details

Closed on
Apr 26, 2017
Sold by
Ashby Cynthia P
Bought by
Jacomawill Of Sanibel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,640
Interest Rate
4.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 2015
Sold by
Hall James D
Bought by
Ashby Cynthia P

Purchase Details

Closed on
Jun 27, 2008
Sold by
Naumann John J
Bought by
Hall James D and Ashby Cynthia P

Purchase Details

Closed on
Mar 21, 2000
Sold by
Vartdal Robert B
Bought by
Naumann John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
8.37%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Anderson Ln Llc $600,000 Title Group Services
Jacomawill Of Sanibel Llc $638,300 Title Group Services
Ashby Cynthia P $177,500 Attorney
Hall James D $535,000 Barrier Island Title Service
Naumann John J $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacomawill Of Sanibel Llc $510,640
Previous Owner Naumann John J $154,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2023 11/27/23 Sold $600,000 -24.9% $750 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
08/25/2023 08/25/23 Price Changed $799,000 -11.1% $999 / Sq Ft
06/04/2023 06/04/23 Price Changed $899,000 -5.3% $1,124 / Sq Ft
05/25/2023 05/25/23 For Sale $949,000 -- $1,186 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,943 $561,390 $561,390 --
2024 $7,943 $561,390 $561,390 --
2023 $5,134 $355,183 $355,173 $10
2022 $5,194 $359,602 $0 $0
2021 $5,029 $386,965 $310,028 $76,937
2020 $4,309 $297,192 $239,068 $58,124
2019 $4,182 $286,062 $229,187 $56,875
2018 $4,127 $276,374 $207,335 $69,039
2017 $4,570 $299,216 $210,300 $88,916
2016 $4,630 $297,812 $210,300 $87,512
2015 $4,261 $266,892 $210,300 $56,592
2014 $4,273 $265,316 $210,300 $55,016
2013 -- $266,134 $210,300 $55,834
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    James Hall

    VIP Realty Sanibel and Captiva

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2230605

Sanibel & Captiva Islands Association of REALTORS®

APN: 25-46-22-T1-00003.0110

Florida Lee County Sanibel 33957

2000 Periwinkle Way, Sanibel, FL

Not Listed for Sale

Detached

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