255 Periwinkle WAY Unit 5B, Sanibel, FL 33957

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

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List Price
$1,250,000
Listing Price
$1,250,000
MLS#
225022738
Status
ACTIVE
Bedrooms
2
Beds + Den
2 Bed
Bathrooms
2
Living Sq. Ft
966
Property Class
Condo
Building Design
Low Rise (1-3)
Status Type
Resale Property
County
Lee
Region
SI01 - Sanibel Island
Development
Shell Island Beach Club Condo
Building Name
Shell Island Beach Club Condo

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

Year Built
1996
furnished
Furnished
Pets
With Approval
Amenities
Beach Access, Pool, Shuffleboard Court, Tennis Court(s)
Community Type
Condo/Hotel
View
Gulf
Boat Access
None
Waterfront Description
Gulf Frontage
Pool
Yes
Building Description
Garden Apt
Acres
0.06
Restrictions
None/Other
Rear Exposure
W
Roof
Built-Up
Flooring
Tile
Exterior Features
Open Porch/Lanai, Screened Lanai/Porch
Water
Central
Cooling
Central Electric
Interior Features
Smoke Detectors
Equipment/Appliances Included
Dishwasher, Disposal, Dryer, Refrigerator, Washer
Rooms
Open Porch/Lanai, Screened Lanai/Porch
Tax Year
2024
Total Annual Recurring Fees
$22996
Master HOA Fee
$5749
Master HOA Fee Frequency
Quarterly

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