255 Periwinkle WAY #5B Active

Sanibel,FL 33957

$ 1250000

2 Beds

2 Baths

966 SqFt


Key Details

Property Type Condo

Sub Type Low Rise (1-3)

Listing Status Active

Purchase Type For Sale

Square Footage 966 sqft

Price per Sqft $1,293

Subdivision Shell Island Beach Club Condo

MLS Listing ID 225022738

Style Garden Apt

Bedrooms 2

Full Baths 2

HOA Y/N Yes

Year Built 1996

Annual Tax Amount $5,803

Tax Year 2024

Lot Size 2,487 Sqft

Acres 0.0571

Property Sub-Type Low Rise (1-3)

Source Florida Gulf Coast

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)

Location

State FL

County Lee

Area Si01 - Sanibel Island

Rooms

Dining Room Breakfast Bar,Dining - Living

Interior

Interior Features Split Bedrooms

Heating Central Electric

Cooling Central Electric

Flooring Tile

Window Features Single Hung,Sliding

Appliance Dishwasher,Disposal,Dryer,Refrigerator,Washer

Exterior

Pool In Ground

Community Features Beach Access,Pool,Shuffleboard,Tennis Court(s),Condo/Hotel

Utilities Available Cable Available

Waterfront Description Gulf Frontage

View Y/N No

View Gulf

Roof Type Built-Up or Flat

Porch Open Porch/Lanai,Screened Lanai/Porch

Garage No

Private Pool Yes

Building

Sewer Central

Water Central

Architectural Style Garden Apt

Structure Type Elevated

New Construction No

Others

HOA Fee Include Cable TV,Insurance,Irrigation Water,Maintenance Grounds,Legal/Accounting,Pest Control Exterior,Rec Facilities

Tax ID 21-46-23-T1-00705.00B0

Ownership Condo

Security Features Smoke Detectors

Acceptable Financing Buyer Finance/Cash

Listing Terms Buyer Finance/Cash

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