255 Periwinkle Way Unit 5B Sanibel, FL 33957
Sanibel Island NeighborhoodEstimated payment $9,337/month
Total Views
1,401
2
Beds
2
Baths
966
Sq Ft
$1,294
Price per Sq Ft
Highlights
- Community Beach Access
- Property fronts gulf or ocean
- Furnished
- Sanibel Elementary School Rated A-
- In Ground Pool
- Screened Porch
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)
Listing Agent
Kingfisher Real Estate, Inc. License #280500222 Listed on: 03/07/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,803
Year Built
- Built in 1996
Lot Details
- Property fronts gulf or ocean
- East Facing Home
HOA Fees
- $1,916 Monthly HOA Fees
Parking
- Assigned Parking
Home Design
- Built-Up Roof
Interior Spaces
- 966 Sq Ft Home
- 1-Story Property
- Furnished
- Single Hung Windows
- Sliding Windows
- Combination Dining and Living Room
- Screened Porch
- Tile Flooring
- Gulf Views
Kitchen
- Breakfast Bar
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Dual Sinks
- Shower Only
- Separate Shower
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- In Ground Pool
- Screened Patio
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block B / 705
- Assessor Parcel Number 21-46-23-T1-00705.00B0
Community Details
Overview
- Association fees include cable TV, insurance, irrigation water, legal/accounting, ground maintenance, pest control, recreation facilities
- 12 Units
- Association Phone (239) 472-4497
- Low-Rise Condominium
- Shell Island Beach Club Condo Subdivision
Recreation
- Community Beach Access
- Tennis Courts
- Shuffleboard Court
- Community Pool
Pet Policy
- Call for details about the types of pets allowed
Security
- Fire and Smoke Detector
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,258 | $408,903 | -- | $408,903 |
| 2023 | $11,258 | $782,084 | $0 | $782,084 |
| 2022 | $11,189 | $789,083 | $0 | $0 |
| 2021 | $10,216 | $717,348 | $0 | $717,348 |
| 2020 | $10,219 | $708,178 | $0 | $708,178 |
| 2019 | $9,902 | $680,723 | $0 | $680,723 |
| 2018 | $10,126 | $681,530 | $0 | $681,530 |
| 2017 | $10,182 | $676,685 | $0 | $676,685 |
| 2016 | $9,533 | $630,267 | $0 | $630,267 |
| 2015 | $8,731 | $548,800 | $0 | $548,800 |
| 2014 | $8,996 | $559,400 | $0 | $559,400 |
| 2013 | -- | $518,200 | $0 | $518,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2025 03/07/25 | For Sale | $1,250,000 | -- | $1,294 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $655,000 | None Available | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $675,000 | Barrier Island Title Service |
Source: Public Records
Similar Homes in Sanibel, FL
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225022738
APN: 21-46-23-T1-00705.00B0
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