561 Periwinkle Way Unit E4 Sanibel, FL 33957
Estimated payment $3,191/month
Highlights
- Community Boat Dock
- Home fronts navigable water
- Main Floor Primary Bedroom
- Sanibel Elementary School Rated A-
- Mangrove Front
- Garden View
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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,320
Year Built
- Built in 1972
Lot Details
- Home fronts navigable water
- Home fronts a canal
HOA Fees
- $952 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Concrete Block And Stucco Construction
Interior Spaces
- 850 Sq Ft Home
- Ceiling height between 8 to 10 feet
- Ceiling Fan
- Single Hung Wood Windows
- Sliding Windows
- Combination Dining and Living Room
- Sun or Florida Room
- Tile Flooring
- Garden Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
Home Security
Parking
- Covered Parking
- Assigned Parking
Outdoor Features
- Mangrove Front
- Docks
- Shared Dock
- Lanai
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Water Heater
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 20-46-23-T3-0270E.0040
Community Details
Overview
- Association fees include exter pest control, insurance bldg, internet, irrigation, landscape/lawn, legal and accounting, water
- Island Management Association, Phone Number (239) 472-5020
- Captains Walk Community
Amenities
- Courtyard
- Laundry Facilities
Recreation
- Community Boat Dock
Pet Policy
- Limit on the number of pets
Security
- High Impact Windows
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2026 02/26/26 | For Sale | $349,000 | -- | $411 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $320,000 | Barrier Island Title Service | |
| Warranty Deed | $218,500 | -- | |
| Warranty Deed | $193,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Unknown | |
| Previous Owner | $174,800 | No Value Available |
Source: Sanibel & Captiva Islands Association of REALTORS®
MLS Number: 2260253
APN: 20-46-23-T3-0270E.0040
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