$1,250,000
For Sale

255 Periwinkle Way #5B

Sanibel, FL 33957
966 sqft | 2 beds | 2 baths | 0.06 acres | #225022738
Browse 43 photos
Type:Purchase
Structure:Condo
Zone:Residential

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)

  • Property Details
      • InteriorBreakfastBar, DualSinks, LivingDiningRoom, ShowerOnly, SeparateShower, SplitBedrooms
      • SubdivisionSHELL ISLAND BEACH CLUB CONDO
      • Exterior MaterialsOutdoorGrill, Other
      • PetsCall, Conditional
      • Utility FeaturesCableAvailable
      • Sewer InformationPublicSewer
      • Property SubtypeCondominium
      • Original List Price$1,250,000
      • MLS #225022738
      • MLS #225022738
      • Property TypePurchase
      • Cost1250000
      • Acres0.0571
      • FoundationRaised
      • Utility SourcePublic
      • Taxes Annual$5,803
      • Lot DescriptionOther
      • ViewGulf
      • Year Built1996
      • Hoa Fees5749
      • Square Feet966
      • CountyLee
      • Bedrooms2
      • Bathrooms2
      • Full Baths2
      • Stories1

Location

Darren GreeneReal Estate Group
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