$925,000
$70K PRICE DROP

255 Periwinkle Way Unit 7B Sanibel, FL 33957

Sanibel Island Neighborhood

Estimated payment $7,754/month

Total Views 12,920
2 Beds
2 Baths
966 Sq Ft
$958 Price per Sq Ft

Highlights

  • Beach Front
  • Outdoor Pool
  • Vaulted Ceiling
  • Sanibel Elementary School Rated A-
  • Gulf View
  • Furnished

About This Home

Shell Island Beach Club is unique 12-unit community on the Gulf, within a timeshare association on the East End. These 2-bedrm 2-bath condos are in 3 buildings with 4 units in each, just west of central amenities. #7B is 1st level up, west-side of building nearest pool. Covered assigned parking below. Known for earning excellent income (weekly minimum applies), units feature tropical water views overlooking shell-laden beach next to Sanibel's historic Lighthouse. Easy access to causeway, bike paths, & olde Sanibel shops. Designed for casual living, #7B interior offers well-equipped efficient kitchen with convenient breakfast bar, stainless-steel appliances, & granite countertops. Great room opens to screened balcony also accessible from master suite. Master bath has oversized walk-in shower with bench seat & roomy vanity has double sinks. Other unit features include easy-care plantation shutters, stack washer/dryer, & extra light from side windows. Comfortably sleeps 6. Recent improvements include new antimicrobial ducting with ultraviolet lighting to eliminate viruses & bacteria. Seller also paying for new high-efficiency HVAC system & impact windows. Offered "as is" rental-ready.

Listing Agent

David Anderson

SanibelSusan Realty Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,508

Year Built

  • Built in 1996

Lot Details

  • Beach Front
  • Property fronts gulf or ocean

HOA Fees

  • $1,916 Monthly HOA Fees

Property Views

  • Gulf
  • Partial Bay or Harbor

Home Design

  • Piling Construction
  • Stucco

Interior Spaces

  • 966 Sq Ft Home
  • Furnished
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Single Hung Wood Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Stacked Washer and Dryer

Kitchen

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

Flooring

  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Home Security

Parking

  • Tuck Under Parking
  • Covered Parking
  • Guest Parking
  • Assigned Parking

Pool

  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot B
  • Assessor Parcel Number 21-46-23-T1-00707.00B0

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
  • Vacatia Association, Phone Number (239) 472-4497
  • Shell Island Beach Club Community

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Partial Storm Protection
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,508

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 7 UNIT B
  • Strap Number: 21-46-23-T1-00707.00B0
  • Subject To F I R P T A: No
  • Year Built: 1996
  • Pets: Not Allowed
  • Folio Id: 10126661
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 957.56
  • Total Sq Ft: 1080
  • Appliances: Dishwasher, Disposal, Fire Sprinklers, Microwave, Range Electric, Refrigerator-Ice maker, Smoke Detector(s), Stack Washer/Dryer, Water Heater
  • Estimated Living Sq Ft: 966
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 2
  • Ceiling: 8 Ft Ceilings, 10+ Ft Ceilings, Tray Ceiling, Vaulted Ceiling
  • Den: No
  • Fireplace: No
  • Flooring: Tile Floor, Tavertine
  • Furnished: Yes
  • Furnishing: Fully Furnished, Turn-Key, Window Cov-All
  • Primary Bathroom: Dbl Sinks, Shower Only, Tile
  • Windows: Single Hung, Storm Protection Partial

Exterior Features

  • Misc Exterior: Piling Concrete
  • Waterfront: Beach, Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Ext Fin Trim: Stucco
  • Pool: Yes
  • View: Direct Gulf, Part Gulf View

Garage/Parking

  • Parking: Assigned, Covered, Guest, 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
  • Management Company Phone: 239-472-4497
  • Condo Amenities: Pool, Restricted Rentals, Shuffleboard, Tennis Court(s), Other Add Agt Note
  • 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: 2024-03-31
  • Geo Address Line: 255 Periwinkle Way
  • Geo Primary City: Sanibel
  • Geo Quality: 1
  • Geo Subdivision: FL
  • Geo Zoom Level: 18
  • Lot Number: B

Rental Info

  • Application Required: Yes
  • Rent History: $91,368 in 2021 & $69,805 in 2022. Rental projections exceed $100K/annually depending on owner personal use.
  • Rent Phone: 395-0028
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 8508
  • Tax Year: 2022

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 $5,802 $408,903 -- $408,903
2023 $5,802 $402,500 $0 $402,500
2022 $8,508 $622,309 $0 $622,309
2021 $8,464 $594,091 $0 $594,091
2020 $8,462 $586,245 $0 $586,245
2019 $8,201 $563,635 $0 $563,635
2018 $8,389 $564,443 $0 $564,443
2017 $8,352 $549,100 $0 $549,100
2016 $8,164 $527,146 $0 $527,146
2015 $8,449 $538,900 $0 $538,900
2014 $7,667 $476,700 $0 $476,700
2013 -- $438,900 $0 $438,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Price Changed $925,000 -3.6% $958 / Sq Ft
11/12/2024 11/12/24 Price Changed $960,000 -3.5% $994 / Sq Ft
03/31/2024 03/31/24 For Sale $995,000 +26.8% $1,030 / Sq Ft
12/12/2017 12/12/17 Sold $785,000 -4.3% $813 / Sq Ft
11/12/2017 11/12/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $820,000 -- $849 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

Deed History

Date Type Sale Price Title Company
Warranty Deed $785,000 Superior Title Services
Warranty Deed $538,700 Superior Title Services Of S
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $359,650 Unknown
Source: Public Records

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See All Homes in Sanibel

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2240328

Sanibel & Captiva Islands Association of REALTORS®

APN: 21-46-23-T1-00707.00B0

Florida Lee County Sanibel 33957 Sanibel Island

255 Periwinkle Way Unit 7B, Sanibel, FL

Homes for Sale in Sanibel, FL

This home is located at 255 Periwinkle Way Unit 7B, Sanibel, FL 33957 and is currently priced at $925,000, approximately $957 per square foot. This property was built in 1996. 255 Periwinkle Way Unit 7B is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Listing Agent
David Anderson
Section Image
SanibelSusan Realty Associates
(239) 410-2378