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255 Periwinkle Way #5B, Sanibel, FL 33957

$1,250,000 · Active

MLS #225022738

255 Periwinkle Way #5B, Sanibel, FL 33957
Price
$1,250,000
Status
Active
Bedrooms
2
Bathrooms
2
Living area
966 sq ft
Home type
Condominium
Year built
1996
Lot size
0.06 acres
Full bathrooms
2
Half bathrooms
0
Private pool
Yes
Waterfront
Yes
HOA
Yes
55+ community
No
County
Lee
Garage spaces
0
HOA fee
$5,749 · Quarterly
Annual property taxes
$5,803.49
Subdivision
SHELL ISLAND BEACH CLUB CONDO
Style
GardenHome, LowRise
Appliances & Equipment
Dryer · Dishwasher · Disposal · Refrigerator · Washer
Bathrooms
2 total bathrooms · 2 full bathrooms
Bedrooms
2 total bedrooms
Building
Built in 1996 · Living area: 966.0 · Building faces East · 1 storey · Entry level: 2
Community
12 units in community · CondoHotelCommunity · NearHotelMotel
Cooling
CentralAir · Electric
Exterior Features
Patio/Porch Features: Lanai, Open, Porch, Screened · OutdoorGrill
Floors
Tile
Foundation
Raised
Heating
Central · Electric
Home Owner's Association
Association Fee: $5,749 · Fee Frequency: Quarterly · Fee Includes: CableTv, Insurance, IrrigationWater, LegalAccounting, MaintenanceGrounds, PestControl, RecreationFacilities · Amenities: BeachRights, BeachAccess, Pool, ShuffleboardCourt, TennisCourts, Management
Interior Features
BreakfastBar · DualSinks · LivingDiningRoom · ShowerOnly · SeparateShower · SplitBedrooms
Lot
0.0571 acres
Parking
Assigned · OneSpace
Pets Policy
Allowed: Call, Conditional
Pool
InGround · Community
Property
Resale · Gulf
Roof
BuiltUp · Flat
Sewer
PublicSewer
Utilities
CableAvailable · Water Source: Public
Water Features
Gulf
Windows
SingleHung · Sliding

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About this home

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)

Courtesy of Phaidra McDermott, Kingfisher Real Estate, Inc..

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