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255 Periwinkle Way 5B
Sanibel, FL, 33957
Active$1,250,000
255 Periwinkle Way 5B
Sanibel, FL, 33957
Active$1,250,000
2
Bedrooms
2
Bathrooms
966 sqft
Living Area
1996
Year Built
$5,749
HOA / Quarterly
423
Days on Market
Dock & Water AccessMLS
Gulf
Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.
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)
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Location
Sanibel, FL, 33957
No price history available for this property.
Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]
Listing courtesy of Kingfisher Real Estate, Inc. via Florida Gulf Coast MLS
Last checked: July 22, 2026
Listing updated: May 4, 2026
© 2026 Florida Gulf Coast Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Florida Gulf Coast Association of REALTORS®. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Estimate your monthly payment for this waterfront property
20%
$250,000 down
%
Principal & Interest$6,486/mo
Property Tax (est. ~1.2%, varies by county)$1,250/mo
Home Insurance (est.)$250/mo
HOA Fees$1,916/mo
Total Monthly Payment$9,902
Loan Amount: $1,000,000Rate: 6.75%
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