For sale

$699,000

200 Periwinkle Way Unit 225, Sanibel, FL 33957

2beds

1,578sqft

$6,212/mo

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Condominium

Built in 1976

-- sqft lot

$643,200 Zestimate^®

$443/sqft

$1,422/mo HOA

What's special

Direct bayfrontNew carpeting throughout

Iconic Lighthouse Pointe Condo's. This direct bayfront 2 bedroom 2 bathroom with a den has gorgeous ever changing bay views in this 2nd floor unit. New carpeting throughout and ready for the new owner to make it their own. New hurricane shutters over sliding doors in living room & the Primary room. Walk out to the Bay or walk directly across the street to the beach. The Iconic Sanibel Lighthouse is just a stroll down the beach and some of the best shelling Sanibel has to offer. Easy off and on the Islands being on the lighthouse end of Sanibel.

204 days
116
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Den, DR/LR Combo, Florida Room, Kitchen, Laundry, Living Room

Heating

Central

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer, Water Heater
Laundry: Laundry Room

Features

8 Ft Ceilings, Elevator
Flooring: Carpet, Tile, Vinyl
Has fireplace: No

Interior area

Total structure area: 1,864
Total interior livable area: 1,578 sqft

Video & virtual tour

Property

Parking

Parking features: Assigned

Features

Patio & porch: Glass Enclosed, Open Porch, Patio, Deck
Pool features: Community
Has view: Yes
View description: Bay, Intracoastal
Has water view: Yes
Water view: Bay,Intracoastal
Waterfront features: Bayfront, Beach Front, Seawall, See Remarks, Gulf

Details

Parcel number: 214623T1001002250

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

CBS
Foundation: Piling Concrete, Slab

Condition

Const. Complete
Year built: 1976

Utilities & green energy

Sewer: Assessment Paid
Water: Assessment Paid

Community & HOA

Community

Security: Smoke Detector(s), None/Not Applicable

HOA

Has HOA: Yes
Amenities included: Cable TV, Clubhouse, Courtyard, Elevator(s), Storage
Services included: Elevator, Exter Pest Control, Insurance, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Parking, Pool Service, Sewer, Trash, Water
HOA fee: $1,422 monthly
HOA phone: 239-472-5020

Location

Region: Sanibel

Financial & listing details

Price per square foot: $443/sqft
Tax assessed value: $614,231
Annual tax amount: $8,672
Date on market: 4/4/2026
Cumulative days on market: 207 days
Listing terms: BTF/Cash
Lease term: Month Min Rental,Monthly

Estimated market value

$643,200

$611,000 - $675,000

$5,183/mo

Price history

Date	Event	Price
10/19/2026	Listed for sale	$699,000-6.7%$443/sqft
Source: Sanibel And Captiva Island AOR #2260361 Report a problem
4/4/2026	Listed for sale	$749,000+714.1%$475/sqft
Source: Sanibel And Captiva Island AOR #2260361 Report a problem
7/1/1976	Sold	$92,000$58/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,672 +850%	$614,231 +871.1%
2024	$913 -50.7%	$63,254 -50.5%
2023	$1,853 -81.8%	$127,767 -81.6%
2022	$10,191 +13.5%	$693,579 +10%
2021	$8,982 +0.7%	$630,526 +2.1%
2020	$8,916 +3.1%	$617,738 +3.9%
2019	$8,647	$594,320 -7.3%
2018	$8,647 -9.2%	$641,155 +0.6%
2017	$9,527 +7.3%	$637,118 +7.6%
2016	$8,876 +7.1%	$591,869 +10.1%
2015	$8,290 +5.8%	$537,500 +3.9%
2014	$7,833 +13.8%	$517,500 +23.5%
2013	$6,882 +0.2%	$419,038 -0.1%
2012	$6,870 -16.9%	$419,500 -19.2%
2011	$8,264 +11.7%	$519,500 +19.8%
2010	$7,396 +9.3%	$433,800 +5.6%
2009	$6,770 +6.6%	$410,900 +1.4%
2008	$6,350 -18.9%	$405,200 -18.6%
2007	$7,828 -14.6%	$497,500 -10%
2006	$9,167 -21.3%	$552,500 -11.6%
2004	$11,644 -0.3%	$625,000
2003	$11,676 +22.5%	$625,000 +25%
2002	$9,535	$500,000 +85.2%
2000	--	$270,000