601 Periwinkle Way Unit D5 Sanibel, FL 33957
Estimated payment $3,641/month
Highlights
- Boat Dock
- Mangrove Front
- Garden View
- Sanibel Elementary School Rated A-
- Home fronts a canal
- Furnished
About This Home
This beautifully updated 2-bedroom condo at Captains Walk is perfectly situated on Sanibel Island’s highly desirable east end! Enjoy easy on/off island access, proximity to beaches and restaurants, and a quiet residential feel. This elevated, top-floor corner unit features a private lanai, impact glass windows, tile flooring, and a modern kitchen with stainless steel appliances and high-quality finishes. Relax on your lanai while watching island birds, rabbits, and passersby along the shared-use path, or head to the private dock for kayaking through serene canals and out to San Carlos Bay. Structural inspections and repairs have been completed in the complex, ensuring durability for another 50 years. Captains Walk offers covered parking, two community docks, and a soon-to-be-rebuilt community laundry room. Monthly rentals are allowed, creating a true island community feel. Just a short distance from the Sanibel Lighthouse, Grandma Dot’s, and Gulf beaches, this condo is the ultimate island retreat!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,839
Year Built
- Built in 1971
HOA Fees
- $1,150 Monthly HOA Fees
Parking
- 1 Carport Space
Home Design
- Entry on the 2nd floor
- Concrete Block And Stucco Construction
Interior Spaces
- 850 Sq Ft Home
- Furnished
- Ceiling height between 8 to 10 feet
- Ceiling Fan
- Combination Dining and Living Room
- Screened Porch
- Tile Flooring
- Garden Views
Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 1 Full Bathroom
- Bathtub and Shower Combination in Primary Bathroom
Home Security
Additional Features
- Mangrove Front
- Home fronts a canal
- Central Heating and Cooling System
Listing and Financial Details
- $50 Application Fee
- Assessor Parcel Number 20-46-23-T3-0260D.0050
Community Details
Overview
- Association fees include landscape/lawn, sewer, trash
- Island Management Association, Phone Number (239) 472-5020
- Captains Walk Community
Amenities
- Laundry Facilities
Recreation
- Boat Dock
Pet Policy
- Limit on the number of pets
Security
- High Impact Windows
- Fire and Smoke Detector
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 |
|---|---|---|---|---|
| 2024 | $493 | $33,246 | -- | $33,246 |
| 2023 | $493 | $33,131 | $0 | $33,131 |
| 2022 | $2,839 | $241,203 | $0 | $0 |
| 2021 | $2,861 | $249,544 | $0 | $249,544 |
| 2020 | $2,843 | $230,945 | $0 | $230,945 |
| 2019 | $3,241 | $222,063 | $0 | $222,063 |
| 2018 | $3,322 | $222,870 | $0 | $222,870 |
| 2017 | $3,326 | $218,025 | $0 | $218,025 |
| 2016 | $3,130 | $203,911 | $0 | $203,911 |
| 2015 | $2,894 | $181,400 | $0 | $181,400 |
| 2014 | -- | $183,300 | $0 | $183,300 |
| 2013 | -- | $175,300 | $0 | $175,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2025 07/19/25 | Price Changed | $425,000 | -9.4% | $500 / Sq Ft |
| 01/24/2025 01/24/25 | For Sale | $469,000 | -17.6% | $552 / Sq Ft |
| 05/09/2022 05/09/22 | Sold | $569,000 | 0.0% | $588 / Sq Ft |
| 05/09/2022 05/09/22 | Pending | -- | -- | -- |
| 03/16/2022 03/16/22 | For Sale | $569,000 | +97.6% | $588 / Sq Ft |
| 03/28/2018 03/28/18 | Sold | $288,000 | -3.8% | $298 / Sq Ft |
| 02/26/2018 02/26/18 | Pending | -- | -- | -- |
| 12/04/2017 12/04/17 | For Sale | $299,500 | +53.6% | $310 / Sq Ft |
| 05/31/2013 05/31/13 | Sold | $195,000 | 0.0% | $216 / Sq Ft |
| 05/01/2013 05/01/13 | Pending | -- | -- | -- |
| 04/11/2012 04/11/12 | For Sale | $195,000 | -- | $216 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $569,000 | Superior Title | |
| Warranty Deed | $288,000 | Superior Title Services Of S | |
| Warranty Deed | $195,000 | Superior Title Services Of S |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $455,200 | New Conventional | |
| Previous Owner | $230,400 | New Conventional |
Source: Sanibel & Captiva Islands Association of REALTORS®
MLS Number: 2250146
APN: 20-46-23-T3-0260D.0050
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