601 Periwinkle Way Unit D5 Sanibel, FL 33957
Estimated payment $3,732/month
Highlights
- Boat Dock
- Home fronts navigable water
- Maid or Guest Quarters
- Sanibel Elementary School Rated A-
- Canal Access
- 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, 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
- $6,318
Year Built
- Built in 1971
Lot Details
- Home fronts navigable water
- East Facing Home
- Sprinkler System
HOA Fees
- $976 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Built-Up Roof
- Stucco
Interior Spaces
- 850 Sq Ft Home
- 2-Story Property
- Furnished
- Ceiling Fan
- Double Hung Windows
- Sliding Windows
- Great Room
- Combination Dining and Living Room
- Screened Porch
- Tile Flooring
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- Maid or Guest Quarters
- 1 Full Bathroom
- Bathtub with Shower
Home Security
Parking
- 1 Detached Carport Space
- Driveway
- Assigned Parking
Outdoor Features
- Canal Access
- Balcony
- Courtyard
- Screened Patio
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 5 / 260D
- Assessor Parcel Number 20-46-23-T3-0260D.0050
Community Details
Overview
- Association fees include management, irrigation water, laundry, legal/accounting, ground maintenance, pest control, sewer, trash, water
- 48 Units
- Association Phone (239) 472-5020
- Captains Walk Subdivision
Amenities
- Laundry Facilities
Recreation
- Boat Dock
Pet Policy
- Call for details about the types of pets allowed
- 2 Pets Allowed
Security
- Card or Code Access
- Impact Glass
- 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 |
|---|---|---|---|---|
| 2025 | $488 | $465,881 | -- | $465,881 |
| 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 | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/03/2025 12/03/25 | For Sale | $425,000 | -25.3% | $500 / Sq Ft | |
| 05/09/2022 05/09/22 | Sold | $569,000 | 0.0% | $588 / Sq Ft | View Prior Sale |
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 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: Florida Gulf Coast Multiple Listing Service
MLS Number: 2025022838
APN: 20-46-23-T3-0260D.0050
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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 2025 Southwest Florida Multiple Listing Service. All Rights Reserved
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