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Active
    • $1,250,000

    255 Periwinkle Way #5B, Sanibel, FL 33957

    2beds
    966sqft
    : 
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    Condominium, Single Family Residence
    Built in 1996
    -- sqft lot
    $824,100 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)
    494 days
    |
    170
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Phaidra McDermott 239-898-3778,

    Kingfisher Real Estate, Inc.,

    Brooke Brownyard 239-281-4179,

    Kingfisher Real Estate, Inc.

    Source: Florida Gulf Coast MLS,MLS#: 225022738MLS LogoOriginating MLS: Florida Gulf Coast

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Screened Porch
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dryer, Dishwasher, Disposal, Refrigerator, Washer
      Features
      • Breakfast Bar, Dual Sinks, Living/Dining Room, Shower Only, Separate Shower, Split Bedrooms, Screened Porch
      • Flooring: Tile
      • Windows: Single Hung, Sliding
      • Furnished: Yes
      Interior area
      • Total structure area: 966
      • Total interior livable area: 966 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Assigned, One Space
      Features
      • Patio & porch: Lanai, Open, Porch, Screened
      • Exterior features: Outdoor Grill, Other
      • Has private pool: Yes
      • Pool features: In Ground, Community
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      • Waterfront features: Gulf
      Lot
      • Size: 2,487 Square Feet
      • Features: Other
      Details
      • Parcel number: 214623T100705.00B0
      • Lease amount: $0

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Garden Home,Low Rise
      • Property subtype: Condominium, Single Family Residence
      Materials
      • Other
      • Foundation: Raised
      • Roof: Built-Up,Flat
      Condition
      • Resale
      • Year built: 1996

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Condo Hotel Community, Near Hotel/Motel
      • Security: Smoke Detector(s)
      • Condo and coop fee: $0
      • Membership fee: $0
      • Subdivision: SHELL ISLAND BEACH CLUB CONDO
      HOA
      • Has HOA: Yes
      • Amenities included: Beach Rights, Beach Access, Pool, Shuffleboard Court, Tennis Court(s), Management
      • Services included: Cable TV, Insurance, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities
      • 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: $5,803
      • Date on market: 3/7/2025
      • Cumulative days on market: 494 days
      • Listing terms: All Financing Considered,Cash
      • Ownership: Condo

        Estimated market value

        $824,100

        $733,000 - $923,000

        $3,178/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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33957

        Getting around

        11 / 100
        Car-Dependent
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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