$899,000
PENDING $290K PRICE DROP

255 Periwinkle Way Unit 5D Sanibel, FL 33957

Estimated payment $7,770/month

Total Views 9,552
2 Beds
2 Baths
966 Sq Ft
$931 Price per Sq Ft

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Clubhouse
  • Sanibel Elementary School Rated A-
  • Outdoor Pool
  • Vaulted Ceiling

About This Home

Move right into this top-floor West corner unit located near Sanibel's historic Lighthouse, offering sweeping and stunning Westerly sunset views over a vast sandy beach. This 2 bedroom/2 bath condo is unmatched on Sanibel, boasting an impressive rental income history. The vaulted ceilings enhance the sense of space, creating an open and inviting atmosphere. Designed with an open kitchen to living room layout, this condo maximizes its use of space, featuring a seamless transition to a cozy breakfast bar. The interior is adorned with neutral solid surface countertops, a beautiful glass tile backsplash, wood cabinets, stainless steel appliances, and new impact sliding glass doors. The gorgeous wood plank tile flooring throughout adds a warm, soothing touch, leading out to a private screened lanai offering a serene space to enjoy the breathtaking views. Capture the essence of a high-end beachfront living experience, showcasing the natural beauty and luxurious amenities that make this property unique.

Listing Agent

John Nicholson

Royal Shell Real Estate, Inc. License #411981 Listed on: 03/11/2024

Royal Shell Real Estate, Inc.

Co-Listing Agent

Michael McMurray

Royal Shell Real Estate, Inc. License #587669

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,189

Year Built

  • Built in 1996

HOA Fees

  • $1,916 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

  • Piling Construction

Interior Spaces

  • 966 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring
  • Gulf Views
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Outdoor Pool
  • Property fronts gulf or ocean
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot D
  • Assessor Parcel Number 21-46-23-T1-00705.00D0

Community Details

Overview

  • Association fees include cable TV, exterior main/repair, insurance bldg, irrigation, landscape/lawn, manager, pool service, recreation facilities, sewer, trash, water
  • Vacatia Drew.Wilson@Vacatia.Com Association, Phone Number (855) 641-8409
  • Shell Island Beach Club Community

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Tennis Courts
  • Shuffleboard Court
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,189

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,916 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Legal Description: SHELL ISLAND BEACH CLUB CONDO DESC OR 2560 PG 1415 PH III BLDG 5 UNIT D
  • Strap Number: 21-46-23-T1-00705.00D0
  • Subject To F I R P T A: No
  • Year Built: 1996
  • Pets: Not Allowed
  • Folio Id: 10126655
  • Special Features: UnderContract
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 930.64
  • Total Sq Ft: 1080
  • Appliances: Dishwasher, Disposal, Microwave, Range Electric, Refrigerator-Ice maker, Stack Washer/Dryer
  • Estimated Living Sq Ft: 966
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 2
  • Ceiling: Vaulted Ceiling
  • Den: No
  • Fireplace: No
  • Floor: 3
  • Flooring: Tile Floor
  • Furnished: Yes
  • Furnishing: Fully Furnished

Exterior Features

  • Misc Exterior: Piling Concrete
  • Waterfront: Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Pool: Yes
  • View: Direct Gulf

Garage/Parking

  • Parking: Under Bldg

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), 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: Vacatia- drew.wilson@vacatia.com
  • Management Company Phone: 855-641-8409
  • Condo Amenities: Cable, Clubhouse, Deeded Beach Access, Pool, Shuffleboard, Tennis Court(s)
  • Condo Name: Shell Island Beach Club
  • Fees Include: Cable TV, Exterior Main/Repair, Insurance Bldg, Irrigation, Landscape/Lawn, Manager, Pool Service, Recreation Facilities, Sewer, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $/
  • Members Right Of Refusal: No

Lot Info

  • Geo Update Timestamp: 2024-03-12
  • Geo Address Line: 255 Periwinkle Way
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: D

Rental Info

  • Application Required: Yes
  • Rent History: IN 2021 GROSS RENTALS $77,687 AND OWNER USED 6 WEEKS IN 2022 BEFORE IAN $66,512 IN 2025 SO FAR $40,750 IN 2026 SO FAR $28,923
  • Rent Phone: 239-395-0028
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 11189
  • 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 $10,290 $676,685 $0 $676,685
2016 $9,758 $630,267 $0 $630,267
2015 $8,731 $548,800 $0 $548,800
2014 -- $559,400 $0 $559,400
2013 -- $518,200 $0 $518,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Pending -- -- --
06/16/2025 06/16/25 Price Changed $899,000 -10.1% $931 / Sq Ft
03/03/2025 03/03/25 For Sale $999,900 0.0% $1,035 / Sq Ft
03/03/2025 03/03/25 Price Changed $999,900 -8.2% $1,035 / Sq Ft
11/07/2024 11/07/24 Off Market $1,089,000 -- --
04/16/2024 04/16/24 For Sale $1,089,000 0.0% $1,127 / Sq Ft
03/28/2024 03/28/24 Off Market $1,089,000 -- --
03/19/2024 03/19/24 Price Changed $1,089,000 -8.4% $1,127 / Sq Ft
03/11/2024 03/11/24 For Sale $1,189,000 +56.4% $1,231 / Sq Ft
12/03/2018 12/03/18 Sold $760,000 -4.9% $787 / Sq Ft
12/03/2018 12/03/18 For Sale $799,000 -- $827 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

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Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2240265

Sanibel & Captiva Islands Association of REALTORS®

APN: 21-46-23-T1-00705.00D0