$349,000

561 Periwinkle Way Unit E4 Sanibel, FL 33957

Estimated payment $3,110/month

2 Beds
1.5 Baths
850 Sq Ft
$411 Price per Sq Ft

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Maid or Guest Quarters
  • Sanibel Elementary School Rated A-
  • Canal Access
  • Main Floor Primary Bedroom

About This Home

Are you ready to experience island lifestyle in your brand-new Sanibel Island retreat? Then don’t miss this 2-bedroom, 1.5-bath corner residence—completely renovated, easily accessible and ready for you to make your own. No detail has been overlooked. Captains Walk Unit E-4 features brand-new upgrades throughout, including GE appliances, beautiful large-format ceramic tile flooring, granite countertops, custom wood cabinetry, and a beautifully tiled walk-in shower. The oven-range even includes a built-in air fryer. Additional enhancements include a new water heater, built-in dishwasher, dedicated washer and dryer hookups, an internet-controlled thermostat, and an electronic door lock for modern convenience and peace of mind. As a coveted corner unit, the home is filled with natural light from three sides. It is also one of the few units with newly installed impact-resistant windows throughout—including the lanai enclosure. Professionally installed neutral window treatments provide both style and privacy. Located in the friendly Captains Walk community, owners enjoy a financially stable, well-managed, and pet-friendly association with fully funded reserves and no outstanding assessments. Monthly fees remain comparatively low and include flood and wind insurance, high-speed internet, water, and exterior maintenance. All structural repairs and improvements have been completed, including new roofs on every building. The beautifully re-landscaped grounds create a tranquil, lush setting that perfectly captures island living. Situated on the desirable East End, this location offers convenient on-and-off island access and is just a short walk or bike ride to the beach, the Sanibel Marina, and popular local restaurants and shops. Offered at $349,000, this is one of the most affordable opportunities to own a fully renovated two-bedroom home on Sanibel. Whether you're searching for a personal island retreat, seasonal escape, or investment opportunity, Captain’s Walk E-4 delivers exceptional value and convenience in a unique coastal setting.

Listing Agent

Anna Turner

Royal Shell Real Estate, Inc. License #280596821 Listed on: 02/18/2026

Royal Shell Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,320

Year Built

  • Built in 1972

Lot Details

  • Home fronts navigable water
  • Home has East and West Exposure
  • Sprinkler System

HOA Fees

  • $952 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 850 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Sliding Windows
  • Great Room
  • Open Floorplan
  • Heated Sun or Florida Room
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Maid or Guest Quarters
  • Shower Only
  • Separate Shower

Home Security

Parking

  • 1 Detached Carport Space
  • Driveway
  • Assigned Parking

Outdoor Features

  • Canal Access
  • Courtyard
  • Glass Enclosed
  • Outdoor Storage
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 270E
  • Assessor Parcel Number 20-46-23-T3-0270E.0040

Community Details

Overview

  • Association fees include management, insurance, internet, irrigation water, laundry, legal/accounting, ground maintenance, sewer, trash, water
  • 48 Units
  • Association Phone (239) 472-5020
  • Low-Rise Condominium
  • Captains Walk Subdivision
  • Maintained Community

Amenities

  • Laundry Facilities

Recreation

  • Boat Ramp
  • Community Boat Dock
  • Pier or Dock

Pet Policy

  • Pets allowed on a case-by-case basis
  • 2 Pets Allowed

Security

  • Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,320

Year Built

Built in 1972

Lot Details

4,312 Sq Ft Lot

HOA Fees

$952 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.099
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: CAPTAINS WALK
  • Architectural Style: Low Rise
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1972
  • Property Sub Type Additional: Condominium
  • Exposures: West
  • Pets No Pets Comments: PetsLimitOther:Owners Only
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, RefrigeratorWithIce Maker
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Built-in Features, Bedroom on Main Level, Family/Dining Room, Living/Dining Room, Main Level Primary, Pantry, Shower Only, Separate Shower, Walk-In Closet(s), Window Treatments
  • Living Area: 850.0
  • Dining Room Type: Florida Room, Guest Quarters, Great Room
  • Stories: 2
  • Window Features: Sliding, Impact Glass, Window Coverings

Exterior Features

  • Lot Features: Other, Sprinklers Automatic
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: Canal Access, Navigable Water
  • Waterfront: Yes
  • Disclosures: Deed Restriction, RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Courtyard, Security/High Impact Doors, Sprinkler/Irrigation, Outdoor Grill, Storage
  • Patio And Porch Features: Glass Enclosed, Porch
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Covered, Driveway, Paved, One Space, Detached Carport

Utilities

  • Laundry Features: Common Area, Washer Hookup, Dryer Hookup, Inside
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Senior Community: No
  • Amenities: Boat Dock, Boat Ramp, Laundry, Pier, See Remarks, Sidewalks, Management
  • Association Fee: 951.55
  • Association Fee Frequency: Monthly
  • Phone: 2394725020
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Insurance, Internet, Irrigation Water, Laundry, Legal/Accounting, Maintenance Grounds, Sewer, Trash, Water

Lot Info

  • Parcel #: 20-46-23-T3-0270E.0040

Multi Family

  • Number Of Units In Community: 48

Tax Info

  • Tax Annual Amount: 4320.0
  • Tax Block: 270E
  • Tax Lot: 4
  • Tax Year: 2025

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $488 $318,142 -- $318,142
2024 $493 $33,246 -- $33,246
2023 $493 $33,131 $0 $33,131
2022 $4,490 $305,143 $0 $0
2021 $3,960 $277,403 $0 $277,403
2020 $3,715 $256,785 $0 $256,785
2019 $3,604 $247,095 $0 $247,095
2018 $3,681 $247,095 $0 $247,095
2017 $3,708 $245,480 $0 $245,480
2016 $3,500 $232,625 $0 $232,625
2015 $3,197 $201,600 $0 $201,600
2014 $3,060 $200,100 $0 $200,100
2013 -- $164,900 $0 $164,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2026 02/18/26 For Sale $349,000 -- $411 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $320,000 Barrier Island Title Service
Warranty Deed $218,500 --
Warranty Deed $193,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Unknown
Previous Owner $174,800 No Value Available
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 2025020830

Florida Gulf Coast Multiple Listing Service

APN: 20-46-23-T3-0270E.0040

Florida Lee County Sanibel 33957

561 Periwinkle Way Unit E4, Sanibel, FL

For Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Southwest Florida Multiple Listing Service. All Rights Reserved

Nearby Homes
Anna Turner
Listing Agent
Anna Turner
Section Image
Royal Shell Real Estate, Inc.
(239) 671-5839
Your Personal Tour Guide

Ask me questions while you tour the home.