561 Periwinkle Way E4 Sanibel, FL $ 349,000
561 Periwinkle Way E4
$ 349,000
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561 Periwinkle Way E4

Sanibel, FL, 33957
$ 349,000
Bedrooms2 Baths1.1 Sq 850

Monthly Estimate*

$ 2,149

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Condo for sale in Sanibel, FL

for $349,000 with 2 bedrooms and 1 full bath, 1 half bath. This 850 square foot condo was built in 1972 on a lot size of 0.099.

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.

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Condo Active

Price

$ 349,000

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Condo

Taxes

$ 4,320

Style

Low Rise

Lot Size

0.099

Year Built

1972

Town/City

Sanibel

County/Region

Lee

MLS | Web ID

2025020830

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Built-Up Flat
Appliances Dishwasher Disposal Ice Maker Microwave Range Refrigerator RefrigeratorWithIce Maker
HOA Fee 951.55
Garage Spaces 0
Association Fee Includes Association Management Insurance Internet Irrigation Water Laundry Legal/Accounting Maintenance Grounds Sewer Trash Water
Patio/Porch Features Glass Enclosed Porch
Architectural Style Low Rise
Construction Materials Block Concrete Stucco
Pets Allowed Call Conditional
Year Built 1972
View Landscaped
Unit Number E4
Property Subtype Condominium
Tax Year 2025
Ownership Condo
Waterfront Features Canal Access Navigable Water
Community Features Boat Facilities Non-Gated
HOA Fee 2 0
Assoc Fee Paid Per Monthly
County Lee
Property Type Residential
Association Amenities Boat Dock Boat Ramp Laundry Pier See Remarks Sidewalks Management
HOA true
Subdivision Name CAPTAINS WALK
Facing Direction East
Garage Y/N false
Total Rooms 0
Full Baths 1
Status Active
City Sanibel
Disclosures Deed Restriction RV Restriction(s)
Land Lease Amount 0
Senior Community Y/N false
MLS Area SI01 - Sanibel Island
Lot Size Units Acres
Carport Spaces 1
Carport Y/N true
Tax Annual Amount 4320
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025020830 https://www.zillow.com/homedetails/561-Periwinkle-Way-UNIT-E4-Sanibel-FL-33957/45476107_zpid/?imxlb=t 0
Structure Type Low Rise
Standard Status Active
Tax Lot 4
Property Sub Type Additional Condominium
Legal Description CAPTAINS WALK UNIT 3 CONDO BLDG E OR 810 PG 319 APT 4
Assoc/CIC Condominium
HOA Fee 3 0
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Interior
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
Flooring Tile
Furnished Y/N Unfurnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Window Features Sliding Impact Glass Window Coverings
Half Baths 1
Laundry Features Common Area Washer Hookup Dryer Hookup Inside
Total Bedrooms 2
Entry Level 1
Room Type Florida Room Guest Quarters Great Room
Total Baths 2
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Exterior
Exterior Amenities Courtyard Security/High Impact Doors Sprinkler/Irrigation Outdoor Grill Storage
Parking Features Assigned Covered Driveway Paved One Space Detached Carport
Lot Features Other Sprinklers Automatic
Water Source Public
Lot Size Area 0.099
Spa false
Building Area Total 1020
Lot Size Acres 0.099
Road Surface Type Paved
Private Pool false
Waterfront Y/N true
Covered Spaces 1
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Anna Turner

Listing Agent

Royal Shell Real Estate, Inc.

Broker

SanibelAnna@gmail.com

Email

Affordability Calculator

$2,509
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,149
Monthly Property Taxes
$360
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$349,000 Listed Price

Map


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561 Periwinkle Way E4, Sanibel, FL, 33957 is a Condo for sale at $349,000 with 850 sqft and a lot size of 0.099. 561 Periwinkle Way E4 has 2 bedrooms, 1.1 baths, and was built in 1972. The property's zip code is 33957 which is in Sanibel, FL