255 Periwinkle WAY #5B Active Save Request In-Person Tour Request Virtual Tour
Sanibel,FL 33957
Key Details
Property Type Condo
Sub Type 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 Garden Apt
Bedrooms 2
Full Baths 2
Year Built 1996
Annual Tax Amount $5,803
Tax Year 2024
Lot Size 2,487 Sqft
Property Sub-Type 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 Si01 - Sanibel Island
Rooms
Dining Room Breakfast Bar,Dining - Living
Interior
Heating Central Electric
Cooling Central Electric
Flooring Tile
Exterior
Pool In Ground
Community Features Beach Access,Pool,Shuffleboard,Tennis Court(s),Condo/Hotel
Utilities Available Cable Available
Waterfront Description Gulf Frontage
View Y/N No
View Gulf
Roof Type Built-Up or Flat
Building
Sewer Central
Water Central
Structure Type Elevated
New Construction No
Others
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash