255 Periwinkle WAY Unit 5B, Sanibel, FL 33957

$1,250,000
2
BD
2
BA
966
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,250,000
Status
ACTIVE
Days on Market
513
MLS#
225022738
Subtype
Residential
Style
Apartment, Low Rise (1-3)
Year Built
1996
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
966
Lot Size
2,487
Acres
0.06
Subdivision
Shell Island Beach Club Condo
Neighborhood
Shell Island Beach Club Condo
Building Name
Shell Island Beach Club Condo
MLS Area Major
SI01 - Sanibel Island

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)

Additional Information

Amenities
Beach Access, Pool, Shuffleboard Court, Tennis Court(s)
Interior Features
Smoke Detectors
Exterior Features
Open Porch/Lanai, Screened Lanai/Porch
Taxes
$5,803
Pets
With Approval
Building Name
Shell Island Beach Club Condo
Property Description
Apartment, Low Rise (1-3)
Flooring
Tile
Appliances
Dishwasher, Disposal, Dryer, Refrigerator, Washer
Heating
Central Electric
Air Conditioning
Central Electric
Stories
1
Levels
1
Roof
Built-Up
Pool
Yes
Parking Features
1 Assigned
View
Gulf

Courtesy of Kingfisher Real Estate, Inc..

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.