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255 Periwinkle WAY Unit 5B, SANIBEL, FL - photo 1

$1,250,000

255 Periwinkle WAY Unit 5B

SANIBEL, FL 33957

Estimated payment $29,892/month

includes HOA $22,996/mo · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr

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2Beds
2Baths
966Sq Ft
$1294Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

HOA $22,996/mo
Private Pool
Built in 1996
2,487 sqft Lot

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)

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:2
  • •Bathrooms:2
  • •Full bathrooms:2
  • •Half bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:966 sqft
  • •Total interior livable area:966 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:2,487 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Low Rise
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:1996

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Price history

DateEventPrice
2025-03-07T00:00:00.000ZListed for sale$1,250,000$1294/sqft

Listing Agent

Phaidra McDermott

Kingfisher Real Estate, Inc.

Brokerage Phone: 239-472-4411

Source: NABOR Naples · MLS #225022738

Data Powered by Home Junction, Inc.

Nearby

Supermarkets

The Sanibel Sprout

0.0 mi

Huxters Market & Deli

1.7 mi

Dining

Cup's Place

0.2 mi

Gramma Dot's

0.8 mi

White Pelican

0.9 mi

Parks

Lighthouse Beach Park

0.2 mi

Causeway Islands Park - Island B

1.4 mi

Beaches

Sanibel Lighthouse Beach

0.4 mi

Bowditch Point Park Beach

3.5 mi

Lynn Hall Memorial Park Beach

4.1 mi

Nearby amenity locations include data © OpenStreetMap contributors.