Homes for sale - 255 Periwinkle WAY #5B, Sanibel, FL 33957

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Gretshen Quintana

LPT Realty

gretshen.quintana@lptrealty.com +1(787) 929-2045

$ 1,250,000

Est. payment | -/mo

2 Beds

2 Baths

966 SqFt

Save Virtual Tour

$ 1,250,000

Est. payment | -/mo

Save Virtual Tour

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)

Listed by Kingfisher Real Estate, Inc. • Phaidra McDermott

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(787) 929-2045

gretshen.quintana@lptrealty.com

255 Periwinkle WAY #5B Sanibel, FL 33957