# 255 Periwinkle Way, Sanibel, FL 33957

> **TL;DR:** 2bd/2ba condo, $1,250,000 ($1294/sqft), built 1996, 966 sqft.
> Pool, Waterfront, A/C. Est. $11,166/mo. Listed 455 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,250,000 |
| Price/sqft | $1294 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Square Feet | 966 |
| Year Built | 1996 |
| Lot Size | 2,487 sqft (0.06 acres) |
| Stories | 1 |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 455 |

## Why This Home Stands Out

- **Pool** - Porch
- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,417 |
| HOA | $5,749 |
| **Total** | **$11,166** |

## Key Amenities

- Pool
- Waterfront
- A/C

## Property Highlights

- Built in 1996
- 0.06 acre lot
- Private pool
- Waterfront

## Description

### Agent 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)

## Location

- **Address:** 255 Periwinkle Way, Sanibel, FL 33957
- **County:** Lee
- **Neighborhood:** SHELL ISLAND BEACH CLUB CONDO
- **Coordinates:** 26.450139, -82.018886
- **Google Maps:** https://www.google.com/maps?q=26.450139,-82.018886

## Listing Agent

- **Name:** Phaidra McDermott
- **Brokerage:** Kingfisher Real Estate, Inc.
- **Phone:** 2398983778
- **Email:** Phaidra@GoKingfisher.com

## Primary Photo

![255 Periwinkle Way - Primary Photo](http://lh.rdcpix.com/30730bfd55ff5edf3acd259d13612df3l-f1204609852r.jpg)

*42 total photos available on [listing page](https://www.propertysimple.com/listing/255-periwinkle-way-sanibel-fl-33957-25022738)*

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**MLS#:** 225022738 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/255-periwinkle-way-sanibel-fl-33957-25022738)

---

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