255 Periwinkle Way 5B Sanibel, FL $ 1,250,000
255 Periwinkle Way 5B
$ 1,250,000
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255 Periwinkle Way 5B

Sanibel, FL, 33957
$ 1,250,000
Bedrooms2 Baths2.0 Sq 966

Monthly Estimate*

$ 7,696

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Condo for sale in Sanibel, FL

for $1,250,000 with 2 bedrooms and 2 full baths. This 966 square foot condo was built in 1996 on a lot size of 0.0571.

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)

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Condo Active

Price

$ 1,250,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 5,803

Style

Garden Home, Low Rise

Lot Size

0.0571

Year Built

1996

Town/City

Sanibel

County/Region

Lee

MLS | Web ID

225022738

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Built-Up Flat
Appliances Dryer Dishwasher Disposal Refrigerator Washer
HOA Fee 5749
Garage Spaces 0
Association Fee Includes Cable TV Insurance Irrigation Water Legal/Accounting Maintenance Grounds Pest Control Recreation Facilities
Patio/Porch Features Lanai Open Porch Screened
Architectural Style Garden Home Low Rise
Pool Features In Ground Community
Security Features Smoke Detector(s)
Construction Materials Other
Pets Allowed Call Conditional
Year Built 1996
View Gulf
Unit Number 5B
Property Subtype Condominium
Tax Year 2024
Ownership Condo
Waterfront Features Gulf
Community Features Condo Hotel Community Near Hotel/Motel
HOA Fee 2 0
Assoc Fee Paid Per Quarterly
County Lee
Property Type Residential
Association Amenities Beach Rights Beach Access Pool Shuffleboard Court Tennis Court(s) Management
HOA true
Subdivision Name SHELL ISLAND BEACH CLUB CONDO
Facing Direction East
Garage Y/N false
Total Rooms 0
Full Baths 2
Status Active
City Sanibel
Disclosures Owner Has Flood Insurance
Land Lease Amount 0
Senior Community Y/N false
MLS Area SI01 - Sanibel Island
Lot Size Units Acres
Carport Spaces 0
Carport Y/N false
Tax Annual Amount 5803.49
Property Condition Resale
Virtual Tour https://youtu.be/83v_9Cb4QSY
Structure Type Low Rise
Standard Status Active
Tax Lot B
Property Sub Type Additional Condominium
Legal Description SHELL ISLAND BEACH CLUB CONDO DESC OR 2560 PG 1415 PH III BLDG 5 UNIT B
Assoc/CIC Condominium
HOA Fee 3 0
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Interior
Interior Amenities Breakfast Bar Dual Sinks Living/Dining Room Shower Only Separate Shower Split Bedrooms
Flooring Tile
Furnished Y/N Furnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Single Hung Sliding
Half Baths 0
Total Bedrooms 2
Entry Level 2
Room Type Screened Porch
Total Baths 2
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Exterior
Exterior Amenities Outdoor Grill Other
Parking Features Assigned One Space
Lot Features Other
Water Source Public
Lot Size Area 0.0571
Foundation Details Raised
Spa false
Building Area Total 966
Lot Size Acres 0.0571
Private Pool true
Lot Size Source Appraiser
Waterfront Y/N true
Covered Spaces 0
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* Excluded Features
List By
Phaidra McDermott

Listing Agent

Kingfisher Real Estate, Inc.

Broker

Phaidra@GoKingfisher.com

Email

Affordability Calculator

$8,180
Per Month
94%
6%
0%
Monthly Principal & Interest
$7,696
Monthly Property Taxes
$484
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$1,250,000 Listed Price

Map


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255 Periwinkle Way 5B, Sanibel, FL, 33957 is a Condo for sale at $1,250,000 with 966 sqft and a lot size of 0.0571. 255 Periwinkle Way 5B has 2 bedrooms, 2.0 baths, and was built in 1996. The property's zip code is 33957 which is in Sanibel, FL