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$1,250,000
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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)
Full Property Details
Full Property Details for 255 Periwinkle Way #5B
General
- Price: $1,250,000
- Taxes: (2024)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 225022738
- Updated: 8/25/2025
- Added to Site: 316 day(s) ago
Rental Information
- Lease/Rent Term: 7
- Min. Lease (Days): 7
Interior
- Interior Features: Split Bedrooms
- Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Dual Sinks, Shower Only
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Dining Room: Breakfast Bar, Dining - Living
Additional Information
- Shared Amenities: Beach Access, Pool, Shuffleboard, Tennis Court(s), Condo/Hotel
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
- Tennis: Yes
- Security/Safety: Smoke Detectors
Exterior
- Porch/Patio/Deck: Open Porch/Lanai, Screened Lanai/Porch
Parking
- Parking Features: 1 Assigned
Location
- Area: SI01 - Sanibel Island
- County: Lee
- Subdivision: SHELL ISLAND BEACH CLUB CONDO
- Building Name: SHELL ISLAND BEACH CLUB CONDO
- Direction Faces: East
Community
- Association: Yes
- Assoc. Fees Include: Cable TV, Insurance, Irrigation Water, Maintenance Grounds, Legal/Accounting, Pest Control Exterior, Rec Facilities
- Units Assoc/Comm: 12
- Pets Allowed: Yes
- Management Type: Professional
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Central
- Water: Central
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Architectural Style: Garden Apt
- Description/Design: Low Rise (1-3)
- Exterior Const.: Elevated
- Roof: Built-Up or Flat
- Windows: Single Hung, Sliding
- Entry Floor Number: 2
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 966
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 966 Sq. Ft.
- Year Built: 1996
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.0571
- Lot Size (Sq. Ft.): 2,487
- Lot Size Source: Property Appraiser Office
- Irrigation System: Central
Water Features
- Water Front: Yes
- Water Front Desc.: Gulf Frontage
- Canal Width: None
Financial Considerations
- Other Assoc Fees: $5,749
- Other Fee Freq.: Quarterly
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Ownership: Condo
- Legal Description: SHELL ISLAND BEACH CLUB CONDO DESC OR 2560 PG 1415 PH III BLDG 5 UNIT B
- Property ID: 21-46-23-T1-00705.00B0
- Section: 21
- Block: 705
- Lot Number: B
Listed by Kingfisher Real Estate, Inc.
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Schools
Schools serving 255 Periwinkle Way #5B
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
The Sanibel School 3840 Sanibel Captiva Road, Sanibel, FL 33957 | 6-8 | 6.1 mi |
Cypress Lake Middle School 8901 Cypress Lake Drive, Fort Myers, FL 33919 | 6-8 | 9.7 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 9.5 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 12.1 mi |
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901 | 9-12 | 15 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 255 Periwinkle Way #5B
Date
Details
Price
Change
Source
3/07/2025
Listed
$1,250,000
90.84%
MLS
3/29/2013
Sold
$655,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 255 Periwinkle Way #5B
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,810
69%
$696,342
70%
2024
$5,803
-48%
$408,903
-48%
2023
$11,258
10%
$782,084
9%
2021
$10,216
-9%
$717,348
-17%
2022
$11,189
10%
$861,972
22%
2021
$10,216
3%
$708,178
4%
2019
$9,902
-2%
$680,723
—
2018
$10,126
-1%
$681,530
1%
2017
$10,182
7%
$676,685
7%
2016
$9,533
9%
$630,267
15%
2015
$8,731
-3%
$548,800
-2%
2014
$8,996
6%
$559,400
8%
2013
$8,509
—
$518,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 255 Periwinkle Way #5B
255 Periwinkle Way #5B, Sanibel, FL 33957 (MLS# 225022738) is a Single Family property with 2 bedrooms and 2 full bathrooms. 255 Periwinkle Way #5B is currently listed for $1,250,000 and was received on March 07, 2025. Want to learn more about 255 Periwinkle Way #5B? Do you have questions about finding other Single Family real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.

