255 Periwinkle Way 5b, SANIBEL, FL

$1,250,000

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2

Beds

2

Baths

966

Square feet

0.06

Acres

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)

Features of 255 Periwinkle Way 5b

MLS® # 225022738
Price $1,250,000
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 966
Acres 0.06
Year Built 1996
Type Residential
Sub-Type Low Rise (1-3), Condo
Style Apartment, Low Rise (1-3)
Status Active

Community Information

Address 255 Periwinkle Way 5b
Area SI01 - Sanibel Island
Subdivision SHELL ISLAND BEACH CLUB CONDO
City SANIBEL
County Lee
State FL
Zip Code 33957

Amenities

Amenities Beach Access, Pool, Shuffleboard Court, Tennis Court(s)
Parking 1 Assigned
View Gulf
Is Waterfront Yes
Waterfront Gulf Frontage
Has Pool Yes
Pool Community, Below Ground

Interior

Interior Features Smoke Detectors
Appliances Dishwasher, Disposal, Dryer, Refrigerator, Washer
Heating Central Electric
Cooling Central Electric
Fireplace No

Exterior

Exterior Features Open Porch/Lanai, Screened Lanai/Porch
Roof Built-Up

Additional Information

Date Listed March 3rd, 2025
Foreclosure No
Short Sale No
HOA Fees 22996

Listing Details

OfficeKingfisher Real Estate, Inc.

Listing Map

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