$1,250,000

255 Periwinkle WAY 5B, Sanibel, FL 33957

2 beds |
2 baths |
966 sqft

Condominium
Built in 1996
2,487sqft lot
—— car garage
$1,294/sqft
Listed 1 year ago

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)

Listing Status:: Active
Date Added:: March 7, 2025
Data Last Updated:: June 12, 2026 at 7:06AM
Listing Office:: Kingfisher Real Estate, Inc. : (239) 472-4411
MLS ID:: 225022738

General: Smoke Detectors
Appliances: DishwasherDisposalDryerRefrigeratorWasher
Dining: Breakfast BarDining - Living
Flooring: Tile
A/C: Central Electric
Heating: Central Electric

General: Open Porch/LanaiScreened Lanai/PorchTennis Court(s)
Style: ApartmentLow Rise (1-3)
Pool: CommunityBelow Ground
Parking: 1 AssignedParking spaces: 0

Roofing: Built-Up
General: 1

HOA Amenities: Beach AccessPoolShuffleboard CourtTennis Court(s)22996.0Quarterly
Originating MLS: Florida Gulf Coast
County: Lee

Zoning: 21-46-23-T1-00705.00B0
View: GulfView
Restrictions: None/Other

Water: Central

Source: Florida Gulf Coast

This listing courtesy of Kingfisher Real Estate, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.