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)
For sale
$1,250,000
255 Periwinkle Way #5B, Sanibel, FL 33957
2beds
966sqft
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
- 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#: 2260605
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
| Date | Event | Price |
|---|---|---|
| 3/6/2025 | Listed for sale | $1,250,000+90.8%$1,294/sqft |
Source: | ||
| 3/29/2013 | Sold | $655,000-4.9%$678/sqft |
Source: Public Record Report a problem | ||
| 2/2/2013 | Price change | $689,000-4.2%$713/sqft |
Source: VIP Realty Group,Inc #201143862 Report a problem | ||
| 11/2/2012 | Price change | $719,000-3.4%$744/sqft |
Source: VIP Realty Group,Inc #201143862 Report a problem | ||
| 8/16/2012 | Price change | $744,000-2.6%$770/sqft |
Source: VIP Realty Group,Inc #201143862 Report a problem | ||
| 2/12/2012 | Price change | $764,000-3.2%$791/sqft |
Source: VIP Realty Group,Inc #201143862 Report a problem | ||
| 11/13/2011 | Listed for sale | $789,000+16.9%$817/sqft |
Source: VIP Realty Group,Inc #201143862 Report a problem | ||
| 4/1/2009 | Sold | $675,000$699/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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









