255 Periwinkle Way Unit 5B Sanibel, FL 33957
Estimated payment $9,462/month
Highlights
- Community Beach Access
- Property fronts gulf or ocean
- Furnished
- Sanibel Elementary School Rated A-
- Outdoor 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)
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,258
Year Built
- Built in 1996
HOA Fees
- $1,916 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Poured Concrete
- Concrete Block And Stucco Construction
- Piling Construction
Interior Spaces
- 966 Sq Ft Home
- Furnished
- Ceiling height between 8 to 10 feet
- Single Hung Wood Windows
- Combination Dining and Living Room
- Screened Porch
- Tile Flooring
- Gulf Views
- Washer
Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Shower Only
Home Security
Parking
- Tuck Under Parking
- Open Parking
Utilities
- Central Heating and Cooling System
- Water Heater
Additional Features
- Outdoor Pool
- Property fronts gulf or ocean
Listing and Financial Details
- Tax Lot B
- Assessor Parcel Number 21-46-23-T1-00705.00B0
Community Details
Overview
- Association fees include cable TV, exter pest control, exterior main/repair, insurance bldg, irrigation, landscape/lawn, legal and accounting, pool service, recreation facilities, water
- Shell Island Association, Phone Number (239) 472-4497
- Shell Island Beach Club Community
Recreation
- Community Beach Access
- Tennis Courts
- Shuffleboard Court
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
Security
- Fire and Smoke Detector
Map
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 |
|---|---|---|---|---|
| 2025 | $5,803 | $696,342 | -- | $696,342 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | For Sale | $1,250,000 | -- | $1,294 / Sq Ft |
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: Sanibel & Captiva Islands Association of REALTORS®
MLS Number: 2250410
APN: 21-46-23-T1-00705.00B0
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