255 Periwinkle Way Unit 5B, Sanibel, FL 33957

$1,250,000
2
BD
2
BA
966
SqFt

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List Price
$1,250,000
Listing Price
$1,250,000
Days on Market
516
MLS#
225022738
Bedrooms
2
Bathrooms
2
Living Sq. Ft
966
Total Area
966
Property Class
Condo
Building Design
Garden Apt
County
Lee
Region
SI01 - Sanibel Island
Development
Shell Island Beach Club Condo
Building Name
Shell Island Beach Club Condo

Property Description

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)

Additional Information

Year Built
1996
furnished
Furnished
Pets
With Approval
Amenities
Beach Access, Pool, Shuffleboard, Tennis Court(s), Condo/Hotel
View
Gulf
Boat Access
None
Waterfront Description
Gulf Frontage
Pool
Yes
Pool Description
In Ground
Construction
Elevated
Parking
1 Assigned
Roof
Built-Up or Flat
Flooring
Tile
Windows
Single Hung, Sliding
Water
Central
Sewer
Central
Cooling
Central Electric
Irrigation
Central
Interior Features
Split Bedrooms
Equipment/Appliances Included
Dishwasher, Disposal, Dryer, Refrigerator, Washer
Dining Description
Breakfast Bar, Dining - Living
Master Bath Description
Dual Sinks, Shower Only
Total Tax Bill
$5,803
Tax Year
2024
Total Floors
1
Min. Days Of Lease
7
Num of Leases/Yr
52

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Listing courtesy of Kingfisher Real Estate, Inc..