$10,000 Closing Credit¹
#224023668, Michael McMurray, Listing Office: Royal Shell Real Estate, Inc.
$1,250,000 List price
255 Periwinkle Way Unit 5B Sanibel, FL 33957
$10,000
Closing credit¹
2 beds
2 full
966 sqft
0.06 acres
$1,294 / sqft
Condo
Property details
About 255 Periwinkle Way Unit 5B
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)
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size966 sqft
Lot size0.0571 Acres
Year built1996
ParkingAssigned, One Space
MLS #225022738
WaterfrontGulf
ViewGulf
Private poolYes
Summary
- MLS Number: 225022738
- MLS Name: SWFL
- Office Name: Kingfisher Real Estate, Inc.
- Office Phone: (239) 472-4411
- Office Email: info@sanibelrealestate.net
- Listing Agent: Phaidra McDermott
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,250,000
255 Periwinkle Way Unit 5B
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
10
Fort Myers Beach Elementary School
Public District KG-5
4.9 mi
•2751 Oak St
1
Harlem Heights Community Charter School
Public Charter KG-5
7.2 mi
•15570 Hagie Dr
6
Heights Elementary School
Public District KG-5
7.5 mi
•15200 Alexandria Ct
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $195,833. Residents of Sanibel, FL typically earn $200k+ each year. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
5%
<35k
16%
35k-100k
30%
100k-200k
49%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
38%
Single, No Kids
1%
Single, with Kids
58%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
2%
<11 yrs old
1%
12-17 yrs old
3%
18-34 yrs old
32%
35-64 yrs old
62%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Skiing/snowboarding
Figure Skating
Where do the neighbors shop?
Stein Mart
BJs Wholesale Club
Kmart
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Panera
What do the neighbors drive?
Lincoln
Lexus
Infiniti
What do the neighbors listen to?
News/Talk/Information
Oldies
Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 255 Periwinkle Way Unit 5B
This home is located at 255 Periwinkle Way Unit 5B in Sanibel, FL and zip code 33957. This 966 square foot home, which was built in 1996, sits on a 0.06 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 7, 2025 and is currently priced at $1,250,000.
Over 0 listings were sold over their listed price in February 2025 in Sanibel, FL. In the same period over 14 listings were sold below the listed price and 1 listings were sold for the listed price. In February 2025 in Sanibel, FL there were 21.6% more homes for sale than in January. While the average time on the market in February 2025 was 79 days, the median list price was $979,000.
From Rocket Homes Real Estate and based on county public records data.