For Sale Condo MLS# 225022738

255 Periwinkle WAY 5B

SANIBEL, FL 33957

$1,250,000

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About 255 Periwinkle WAY 5B

Shell Island Beach Club 5B is an ideal vacation rental property on Sanibel Island, offering the perfect mix of relaxation and convenience. Future rental projections are $124,305 (Gross Projections). This superbly constructed concrete building elevated 15 ft sits the furthest seaward in the complex offering unparelled 180* views of the Gulf of Mexico. The condo features a fully tiled interior that has been recently updated and decorated with a modern touch, making it both stylish and easy to maintain. Guests will enjoy the tranquility of the location on the East End, near the historic Sanibel Lighthouse a short stroll to the fishing pier, quaint shops, ice cream parlor, deli, restaurants and more. The additional perks, like complimentary bicycles, and a newly added barbeque area also enhance its appeal for guests looking for a more active and enjoyable stay. . With its unbeatable location and direct path to the beach, Shell Island Beach Club 5B is an exceptional location for a vacation rental investment or a personal getaway, offering something for everyone, whether they seek relaxation or activity. Rental History 2020 ($62,779.74) 2021 ($95,937.25) 2022 ($77,843.68) 2025 ($48,654 + to date)

Property details

Property

Type
Low Rise (1-3)
MLS type
Condo
Status
Active
Year built
1996
Stories
1
Living area
966 sqft
Price / sqft
$1,294
Lot
0.0571
Full baths
2
Furnished
Furnished
Original price
$1,250,000
MLS #
225022738

Interior

Features
true, Central Electric, Breakfast Bar, Dining - Living, Smoke Detectors, Tile, Dishwasher, Disposal, Dryer, Refrigerator, Washer
Appliances
Dishwasher, Disposal, Dryer, Refrigerator, Washer
Flooring
Tile
Heating
true, Central Electric
Cooling
true, Central Electric

Exterior & lot

Features
Community, Below Ground, Apartment, Low Rise (1-3), Open Porch/Lanai, Screened Lanai/Porch, Tennis Court(s), 1 Assigned, Parking spaces: 0
Construction
1, Built-Up
Roof
Built-Up
Lot
Gulf, View, 21-46-23-T1-00705.00B0, None/Other
View
Gulf
Pool
Community, Below Ground
Waterfront
Gulf Frontage
Parking
1 Assigned

Schools

District
Lee County School District

Utilities

Utilities
Central
Water
Central
Security
Smoke Detector(s)

Financial

HOA
Yes
Financial
Florida Gulf Coast
Annual tax
$5,803
Tax year
2024
Parcel
21-46-23-T1-00705.00B0

Location

Subdivision
SHELL ISLAND BEACH CLUB CONDO
Area
SHELL ISLAND BEACH CLUB CONDO
County
Lee
Community
Lee, Beach Access, Pool, Shuffleboard Court, Tennis Court(s), 22996.0, Quarterly, Florida Gulf Coast

Location

Neighborhood
SHELL ISLAND BEACH CLUB CONDO
School district
Lee County School District

Ask about this property

Questions on 255 Periwinkle WAY 5B, SANIBEL, FL 33957, or want to see it in person?

Listed by Phaidra McDermott, Kingfisher Real Estate, Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.