255 Periwinkle Way Unit 5B

Sanibel, FL 33957

966 sq ft | 2 beds | 2 baths
$1,250,000
For Sale
Listed: March 3, 2025
MLS#: 225022738

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)

Key Details

Price
1,250,000
Bedrooms
2
Bathrooms
2
Living Area
966 SqFt
Year Built
1996
Lot Size
0.0571 Acres
Property Type
Residential
Property Subtype
Condominium
County
Lee
Subdivision
SHELL ISLAND BEACH CLUB CONDO
Pool
Yes (InGround,Community)
Cooling
Yes (CentralAir,Electric)
Heating
Yes (Central,Electric)
Flooring
Tile
Roof
BuiltUp,Flat
Taxes (Annual)
$5,803.49 (Year: 2024)

Location

Community

No community information available for SHELL ISLAND BEACH CLUB CONDO.

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