$1,250,000

255 Periwinkle Way Unit 5B Sanibel, FL 33957

Estimated payment $9,652/month

Total Views 1,975
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-
  • 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)

Listing Agent

Phaidra McDermott

Kingfisher Real Estate Inc. License #676199 Listed on: 03/06/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,258

Year Built

  • Built in 1996

HOA Fees

  • $1,916 Monthly HOA Fees

Home Design

  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,258

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,916 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Design: Split Bedrooms
  • Legal Description: SHELL ISLAND BEACH CLUB CONDO DESC OR 2560 PG 1415 PH III BLDG 5 UNIT B
  • Strap Number: 21-46-23-T1-00705.00B0
  • Subject To F I R P T A: No
  • Year Built: 1996
  • Pet Limits: 2 per owner
  • Pets: Allowed
  • Folio Id: 10126653
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 1294
  • Total Sq Ft: 1080
  • Appliances: Dishwasher, Disposal, Microwave, Range Electric, Refrigerator-Ice maker, Smoke Detector(s), Washer, Water Heater
  • Estimated Living Sq Ft: 966
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 2
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Floor: 2
  • Flooring: Tile Floor
  • Furnished: Yes
  • Furnishing: Fully Furnished
  • Primary Bathroom: Dbl Vanity, Shower Only
  • Master Bedroom: Porch, Tile
  • Windows: Single Hung

Exterior Features

  • Misc Exterior: CBS, Const. Complete, Piling Concrete, Poured Concrete, Slab
  • Waterfront: Gulf
  • Waterfront: Yes
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Aluminum/Metal, Trim Hard-l-Board, Trim Stucco
  • Pool: Yes
  • View: Direct Gulf

Garage/Parking

  • Parking: Open, Under Bldg

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Central Air/Cooling
  • Heating: Central Heat
  • Security: None/Not Applicable

Condo/Co-op/Association

  • Association Fees Disp: Y - $5749/Q
  • Association Fee: 5749
  • Association Fee Period: Quarterly
  • Association Right Of Refusal: No
  • Association Management: Shell Island
  • Management Company Phone: 239-472-4497
  • Condo Amenities: Deeded Beach Access, Pool, Rental Office on Site, Shuffleboard, Spa, Tennis Court(s)
  • Condo Name: Shell Island Beach Club
  • Fees Include: Cable TV, Exter Pest Control, Exterior Main/Repair, Insurance Bldg, Irrigation, Landscape/Lawn, Legal and Accounting, Pool Service, Recreation Facilities, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $/
  • Members Right Of Refusal: No

Lot Info

  • Geo Update Timestamp: 2025-03-06
  • Geo Address Line: 255 Periwinkle Way
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: B

Rental Info

  • Application Required: No
  • Rent History: Rental History 2020 ($62,779.74) 2021 ($95,937.25) 2022 ($77,843.68) 2025 ($48,654 + to date) Gross Projections: $124,305
  • Rent Phone: 239-395-0028
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 11258
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
03/03/2025 03/03/25 For Sale $1,250,000 -- $1,294 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

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

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See All Homes in Sanibel

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2250410

Sanibel & Captiva Islands Association of REALTORS®

APN: 21-46-23-T1-00705.00B0

Florida Lee County Sanibel 33957

255 Periwinkle Way Unit 5B, Sanibel, FL

This home is located at 255 Periwinkle Way Unit 5B, Sanibel, FL 33957 and is currently priced at $1,250,000, approximately $1,293 per square foot. This property was built in 1996. 255 Periwinkle Way Unit 5B is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

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Sanibel & Captiva Islands Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Phaidra McDermott
Listing Agent
Phaidra McDermott
Section Image
Kingfisher Real Estate Inc.
(239) 898-3778