$925,000
$70K PRICE DROP

255 Periwinkle Way Unit 7B Sanibel, FL 33957

Sanibel Island Neighborhood

Estimated payment $7,758/month

Total Views 13,260
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 Listed on: 03/31/2024

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®

Purchase 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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Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2240328

Sanibel & Captiva Islands Association of REALTORS®

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