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

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Debby Ridge

dridgerealtor@gmail.com +1(808) 464-5536

$ 1,250,000

Est. payment | -/mo

2 Beds

2 Baths

966 SqFt

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$ 1,250,000

Est. payment | -/mo

Save Virtual Tour

2 Beds

2 Baths

966 SqFt

Key Details

Property Type Condo

Sub Type Condominium

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 Garden Home,Low Rise

Bedrooms 2

Full Baths 2

Construction Status Resale

HOA Fees $5,749/qua

HOA Y/N Yes

Annual Recurring Fee 22996.0

Year Built 1996

Annual Tax Amount $5,803

Tax Year 2024

Lot Size 2,487 Sqft

Acres 0.0571

Lot Dimensions Appraiser

Property Sub-Type Condominium

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

Community Shell Island Beach Club Condo

Area Si01 - Sanibel Island

Rooms

Bedroom Description 2.0

Interior

Interior Features Breakfast Bar, Dual Sinks, Living/ Dining Room, Shower Only, Separate Shower, Split Bedrooms

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Furnishings Furnished

Fireplace No

Window Features Single Hung,Sliding

Appliance Dryer, Dishwasher, Disposal, Refrigerator, Washer

Exterior

Exterior Feature Outdoor Grill, Other

Parking Features Assigned, One Space

Pool In Ground, Community

Community Features Condo Hotel Community, Near Hotel/ Motel

Utilities Available Cable Available

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

Waterfront Description Gulf

View Y/N Yes

Water Access Desc Public

View Gulf

Roof Type Built- Up, Flat

Porch Lanai, Open, Porch, Screened

Garage No

Private Pool Yes

Building

Lot Description Other

Dwelling Type Low Rise

Faces East

Story 1

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Garden Home, Low Rise

Unit Floor 2

Structure Type Other

Construction Status Resale

Others

Pets Allowed Call, Conditional

HOA Fee Include Cable TV,Insurance,Irrigation Water,Legal/Accounting,Maintenance Grounds,Pest Control,Recreation Facilities

Senior Community No

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

Ownership Condo

Security Features Smoke Detector(s)

Acceptable Financing All Financing Considered, Cash

Listing Terms All Financing Considered, Cash

Pets Allowed Call, Conditional

Listed by Kingfisher Real Estate, Inc. • Phaidra McDermott

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

+1(808) 464-5536

dridgerealtor@gmail.com

255 Periwinkle WAY #5B Sanibel, FL 33957