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Sold for $323,000
  • $323,000

    561 Periwinkle Way Unit E4, Sanibel, FL 33957

    2beds
    850sqft
    Condominium
    Built in 1972
    -- sqft lot
    $321,800 Zestimate®
    $380/sqft
    $2,621 Estimated rent

    Home value

    $321,800

    $286,000 - $360,000

    $2,621/mo

    Zestimate® history
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    What's special

    Completely renovatedGranite countertopsNew water heaterElectronic door lockBuilt-in dishwasherInternet-controlled thermostatGe appliances
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Anna W Turner 239-671-5839,

    Royal Shell Real Estate, Inc.

    Bought with:

    Mary Bondurant, 3186806

    Kingfisher Real Estate Inc.

    Source: Sanibel And Captiva Island AOR,MLS#: 2260253MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: DR/LR Combo, Florida Room, Kitchen, See Remarks
    Primary bedroom
    • Level: First
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Water Heater, See Remarks
    Features
    • Pantry, 8 Ft Ceilings
    • Flooring: Tile
    • Doors: Impact Resistant Doors
    • Windows: Impact Resistant Windows, Single Hung, Sliding
    • Has fireplace: No
    Interior area
    • Total structure area: 1,020
    • Total interior livable area: 850 sqft

    Property

    Parking
    • Parking features: Assigned, Covered
    Features
    • Entry location: Ground Level
    • Patio & porch: Glass Enclosed
    • Exterior features: Storage, Dock, Shared Dock
    • Has view: Yes
    • View description: Lawn/Garden
    • Waterfront features: Canal Salt, Mangroves, Navigable Water, Canal, Near Beach
    Details
    • Parcel number: 204623T30270E0040
    • Other equipment: Irrigation Equipment

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Ground Level
    • Property subtype: Condominium
    Materials
    • CBS
    Condition
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public, Irrigation System

    Community & HOA

    Community
    • Security: Audio/Video Monitors
    HOA
    • Has HOA: Yes
    • Amenities included: Boat Dock, Laundry, Courtyard
    • Services included: Exter Pest Control, Insurance, Internet, Irrigation, Landscape/Lawn, Legal and Accounting, Water
    • HOA fee: $952 monthly
    • HOA phone: 239-472-5020
    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $380/sqft
    • Tax assessed value: $318,142
    • Annual tax amount: $4,320
    • Date on market: 2/26/2026
    • Cumulative days on market: 78 days
    • Listing terms: BTF/Cash
    • Lease term: Month Min Rental,Monthly

    Price history

    DateEventPrice
    5/20/2026Sold$323,000-7.4%$380/sqft
    Source: Sanibel And Captiva Island AOR #2260253 Report a problem
    4/23/2026Contingent$349,000$411/sqft
    Source: Sanibel And Captiva Island AOR #2260253 Report a problem
    4/23/2026Pending sale$349,000$411/sqft
    Source: Florida Gulf Coast MLS #2025020830 Report a problem
    2/18/2026Listed for sale$349,000+9.1%$411/sqft
    Source: Florida Gulf Coast MLS #2025020830 Report a problem
    3/10/2008Sold$320,000+46.5%$376/sqft
    Source: Public Record Report a problem
    3/5/2003Sold$218,500+13.2%$257/sqft
    Source: Public Record Report a problem
    3/13/2002Sold$193,000$227/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,500 +821.9%$318,142 +856.9%
    2024$488 -1%$33,246 +0.3%
    2023$493 -89%$33,131 -89.1%
    2022$4,490 +13.4%$305,143 +10%
    2021$3,960 +6.6%$277,403 +8%
    2020$3,715 +3.1%$256,785 +3.9%
    2019$3,604 $247,095
    2018$3,604 -2.1%$247,095 +0.7%
    2017$3,681 -0.7%$245,480 +5.5%
    2016$3,708 +6%$232,625 +15.4%
    2015$3,500 +9.5%$201,600 +0.7%
    2014$3,197 +4.5%$200,100 +21.3%
    2013$3,060 +5.3%$164,900 -6.9%
    2012$2,906 -5.8%$177,200 -4.3%
    2011$3,086 -3.6%$185,200 -1%
    2010$3,200 +0.8%$187,100 -2.6%
    2009$3,174 -12.1%$192,110 -16.5%
    2008$3,612 -4.6%$230,000 -4.2%
    2007$3,785 -5.2%$240,000
    2006$3,992 +10.6%$240,000 +24.4%
    2004$3,608 +2.9%$193,000 +3.2%
    2003$3,505 +31.4%$187,000 +5.1%
    2002$2,667 $178,000 +49.6%
    2000-- $119,000
    Find assessor info on the county website

    Neighborhood: 33957

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