255 Periwinkle WAY #5B new

Sanibel,FL 33957

$ 1250000

2 Beds

2 Baths

966 SqFt


Key Details

Property Type Condo

Sub Type Apartment,Low Rise (1-3)

Listing Status Active

Purchase Type For Sale

Square Footage 966 sqft

Price per Sqft $1,293

Subdivision Shell Island Beach Club Condo

MLS Listing ID 225022738

Style Resale Property

Bedrooms 2

Full Baths 2

HOA Y/N No

Originating Board Florida Gulf Coast

Year Built 1996

Annual Tax Amount $5,803

Tax Year 2024

Lot Size 2,487 Sqft

Acres 0.0571

Property Sub-Type Apartment,Low Rise (1-3)

Property Description

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)

Location

State FL

County Lee

Area Shell Island Beach Club Condo

Rooms

Dining Room Breakfast Bar,Dining - Living

Interior

Interior Features Smoke Detectors

Heating Central Electric

Flooring Tile

Equipment Dishwasher,Disposal,Dryer,Refrigerator,Washer

Furnishings Furnished

Fireplace No

Appliance Dishwasher,Disposal,Dryer,Refrigerator,Washer

Heat Source Central Electric

Exterior

Exterior Feature Open Porch/Lanai,Screened Lanai/Porch

Parking Features 1 Assigned

Pool Community,Below Ground

Community Features Pool,Tennis Court(s)

Amenities Available Beach Access,Pool,Shuffleboard Court,Tennis Court(s)

Waterfront Description Gulf Frontage

View Y/N Yes

View Gulf

Roof Type Built-Up

Garage No

Private Pool Yes

Building

Story 1

Water Central

Architectural Style Apartment,Low Rise (1-3)

Level or Stories 1

New Construction No

Others

Pets Allowed With Approval

Senior Community No

Tax ID 21-46-23-T1-00705.00B0

Ownership Condo

Security Features Smoke Detector(s)

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