255 Periwinkle WAY #5B Active

Sanibel,FL 33957

$ 1250000

2 Beds

2 Baths

966 SqFt


Key Details

Property Type Condo

Sub Type Condominium

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 Home,Low Rise

Bedrooms 2

Full Baths 2

HOA Fees $1,916/qua

Year Built 1996

Annual Tax Amount $5,803

Tax Year 2024

Lot Size 2,487 Sqft

Property Sub-Type Condominium

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

Community Shell Island Beach Club Condo

Area Si01 - Sanibel Island

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Exterior

Exterior Feature Outdoor Grill, Other

Parking Features Assigned, One Space

Pool In Ground, Community

Community Features Condo Hotel Community, Near Hotel/ Motel

Utilities Available Cable Available

Amenities Available Beach Rights,Beach Access,Pool,Shuffleboard Court,Tennis Court(s)

Waterfront Description Gulf

View Y/N Yes

View Gulf

Roof Type Built- Up, Flat

Building

Lot Description Other

Dwelling Type Low Rise

Story 1

Foundation Raised

Sewer Public Sewer

Water Public

Structure Type Other

Others

Acceptable Financing All Financing Considered,Cash

Listing Terms All Financing Considered,Cash

Pets Allowed Call, Conditional

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