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For sale
  • $1,250,000

    255 Periwinkle Way #5B, Sanibel, FL 33957

    2beds
    966sqft
    : 
    $9,729/mo
    Get pre-qualified
    Condominium
    Built in 1996
    -- sqft lot
    $1,176,900 Zestimate®
    $1,294/sqft
    $1,916/mo HOA

    What's special

    Newly added barbeque areaFully tiled interior
    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)
    16 days
    200
    6

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Phaidra A McDermott 239-898-3778,

    Kingfisher Real Estate Inc.,

    Brooke Brownyard 239-281-4179,

    Kingfisher Real Estate Inc.

    Source: Sanibel And Captiva Island AOR,MLS#: 2260605MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: DR/LR Combo, Kitchen
      Primary bedroom
      • Features: Porch, Tile
      Primary bathroom
      • Features: Double Vanity, Shower Only
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator-Ice maker, Washer, Water Heater
      Features
      • Breakfast Bar, 8 Ft Ceilings, Split Bedrooms
      • Flooring: Tile
      • Doors: Sliding Doors
      • Windows: Single Hung
      • Has fireplace: No
      Interior area
      • Total structure area: 1,080
      • Total interior livable area: 966 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Open, Under Bldg
      Features
      • Patio & porch: Open Porch, Screened, Porch
      • Pool features: Community
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Gulf
      Details
      • Parcel number: 214623T10070500B0

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Aluminum/Metal, Trim Hard-l-Board, Trim Stucco, CBS
      • Foundation: Piling Concrete, Concrete Perimeter, Slab
      Condition
      • Const. Complete
      • Year built: 1996

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s), None/Not Applicable
      HOA
      • Has HOA: Yes
      • Amenities included: Deeded Beach Access, Pool, Rental Office on Site, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
      • Services included: Cable TV, Exter Pest Control, Maintenance Structure, Insurance, Irrigation, Landscape/Lawn, Legal and Accounting, Pool Service, Recreation Facilities, Water
      • HOA fee: $5,749 quarterly
      • HOA phone: 239-472-4497
      Location
      • Region: Sanibel

      Financial & listing details

      • Price per square foot: $1,294/sqft
      • Tax assessed value: $696,342
      • Annual tax amount: $11,258
      • Date on market: 8/12/2026
      • Listing terms: BTF/Cash
      • Lease term: 1 WK 7 Day Min Rental,Weekly

        Estimated market value

        $1,176,900

        $1.12M - $1.24M

        $2,326/mo

        Price history

        DateEventPrice
        3/6/2025Listed for sale$1,250,000+90.8%$1,294/sqft
        Source: Sanibel And Captiva Island AOR #2250410 Report a problem
        3/29/2013Sold$655,000-4.9%$678/sqft
        Source: Public Record Report a problem
        2/2/2013Price change$689,000-4.2%$713/sqft
        Source: VIP Realty Group,Inc #201143862 Report a problem
        11/2/2012Price change$719,000-3.4%$744/sqft
        Source: VIP Realty Group,Inc #201143862 Report a problem
        8/16/2012Price change$744,000-2.6%$770/sqft
        Source: VIP Realty Group,Inc #201143862 Report a problem
        2/12/2012Price change$764,000-3.2%$791/sqft
        Source: VIP Realty Group,Inc #201143862 Report a problem
        11/13/2011Listed for sale$789,000+16.9%$817/sqft
        Source: VIP Realty Group,Inc #201143862 Report a problem
        4/1/2009Sold$675,000$699/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,829 +69.4%$696,342 +70.3%
        2024$5,803 -48.4%$408,903 -47.7%
        2023$11,258 +0.6%$782,084 -0.9%
        2022$11,189 +9.5%$789,083 +10%
        2021$10,216 0%$717,348 +1.3%
        2020$10,219 +3.2%$708,178 +4%
        2019$9,902 $680,723 -0.1%
        2018$9,902 -2.2%$681,530 +0.7%
        2017$10,126 -0.5%$676,685 +7.4%
        2016$10,182 +6.8%$630,267 +14.8%
        2015$9,533 +9.2%$548,800 -1.9%
        2014$8,731 -2.9%$559,400 +8%
        2013$8,996 +8.3%$518,200 +2.1%
        2012$8,308 -14.1%$507,400 -12.8%
        2011$9,674 +5.9%$582,200 +8.6%
        2010$9,136 -9.1%$536,100 -12.2%
        2009$10,049 -14.3%$610,440 -18.5%
        2008$11,723 -8.5%$749,000 -8.1%
        2007$12,813 -5.2%$815,000
        2006$13,514 +2.6%$815,000 +15.3%
        2004$13,169 -0.3%$707,000
        2003$13,206 +1.9%$707,000 +4%
        2002$12,960 $680,000 +61.9%
        2000-- $420,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33957

        Getting around

        10 / 100
        Car-Dependent
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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