Sands REPM

255 Periwinkle WAY 5B photos

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255 Periwinkle WAY 5B, SANIBEL

Low Rise (1-3)

Active

$1,250,000

2

Beds

2

Baths

966

Sqft

Est. $7,153/mo · Get pre-qualified

Home Type: Low Rise (1-3)Year Built: 1996Sqft: 966Price/Sqft: $1,294Lot Size: 0.0571 acres

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)

543 days on market · Listing updated May 4, 2026

Location

Facts & Features

Interior Features:
Split Bedrooms
Appliances:
Dishwasher, Disposal, Dryer, Refrigerator, Washer
Flooring:
Tile
Primary Bathroom:
Dual Sinks, Shower Only
Dining Room:
Breakfast Bar, Dining - Living
Entry Level:
2
Heating:
Central Electric
Cooling:
Central Electric
Utilities:
Cable Available
Sewer:
Central
Water Source:
Central
Security:
Smoke Detectors
Construction:
Elevated
Architectural Style:
Garden Apt
Roof:
Built-Up or Flat
Patio / Porch:
Open Porch/Lanai, Screened Lanai/Porch
View:
Gulf
Waterfront:
Gulf Frontage
Direction Faces:
East
Irrigation:
Central
Parking:
1 Assigned
Pool:
In Ground
Windows:
Single Hung, Sliding
Community Features:
Beach Access, Pool, Shuffleboard, Tennis Court(s), Condo/Hotel
Subdivision:
SHELL ISLAND BEACH CLUB CONDO
Annual Taxes:
$5,803
Pets Allowed:
With Approval
Furnished:
Furnished
Possession:
Close Of Escrow
Listing Terms:
Buyer Finance/Cash

Price History

DateEventPrice
Mar 3, 2025Original list price$1,250,000

Reflects listing data on file, not a complete transaction history.

Listed by Phaidra McDermott, Kingfisher Real Estate, Inc.

Co-listed by Brooke Brownyard, Kingfisher Real Estate, Inc.

$1,250,000

255 Periwinkle WAY 5B, SANIBEL

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$7,153

est. monthly payment

Estimate only — actual payment depends on your lender, credit profile, and final loan terms.

The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3468074. Properties displayed on this Website include properties listed with brokerage firms other than Sands Real Estate & Property Management. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service.