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
509
MLS#
225022738
Bedrooms
2
Bathrooms
2
Living Sq. Ft
966
Property Class
Condo
Building Design
Low Rise (1-3)
Status Type
Resale
Status
ACTIVE
County
Lee
Region
SI01 - Sanibel Island
Development
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
Call, Conditional
Amenities
Beach Rights, Beach Access, Pool, Shuffleboard Court, Tennis Court(s), Management
Community Type
Condo Hotel Community, Near Hotel/Motel
View
Gulf
Waterfront Description
Gulf
Pool
Yes
Building Description
Garden Home, Low Rise
Lot Size
0.057100000000000005
Construction
Other
Rear Exposure
W
Roof
Built-Up, Flat
Flooring
Tile
Exterior Features
Outdoor Grill, Other
Water
Public
Sewer
Public Sewer
Cooling
Central Air, Electric
Interior Features
Breakfast Bar, Dual Sinks, Living/Dining Room, Shower Only, Separate Shower, Split Bedrooms
HOA Fee
$5,749
Waterfront
Yes
Unit Floor
2
Furnished Description
Furnished

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Kingfisher Real Estate, Inc..