Experience the best of island living in this beautifully renovated 2-bedroom, 2-bath condo at Captains Walk on Sanibel’s desirable East End. This spacious, move-in ready home features a stunning new kitchen with modern appliances, new flooring throughout, and a bright, open layout designed for comfort and style. Located on a navigable canal just moments from Sanibel’s famous shell-strewn beaches, you’ll enjoy the perfect blend of waterfront tranquility and coastal convenience. Take a short stroll to the beach, relax in the island sunshine, and embrace the carefree lifestyle Sanibel is known for. Pet lovers will appreciate that Captains Walk allows up to two large dogs — a rare find on the island. Whether you’re looking for a full-time residence or the perfect getaway, this exceptional condo is ready to welcome you home.
For sale
$417,535
561 Periwinkle Way Unit F3, Sanibel, FL 33957
2beds
850sqft
Condominium
Built in 1972
-- sqft lot
$392,600 Zestimate®
$491/sqft
$911/mo HOA
What's special
Spacious move-in ready homeNew flooring throughout
- 12 days
- 320
- 10
Zillow last checked:
Listing updated:
Listed by:
Rose G Dakos 239-851-5188,
Royal Shell Real Estate, Inc.,
Tina DiCharia 239-340-5636,
Pfeifer Realty Group LLC
Source: Sanibel And Captiva Island AOR,MLS#: 2260458
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: DR/LR Combo
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Internet Ready, Electric Range, Refrigerator
Features
- Storage, 8 Ft Ceilings
- Flooring: Tile
- Has fireplace: No
Interior area
- Total structure area: 1,020
- Total interior livable area: 850 sqft
Property
Parking
- Parking features: Covered
Features
- Entry location: Ground Level
- Patio & porch: Screened
- Exterior features: Dock
- Has view: Yes
- View description: Lawn/Garden
- Waterfront features: Canal Salt, Mangroves, Navigable Water, Canal, Near Beach
Details
- Parcel number: 204623T30270F0030
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Ground Level
- Foundation: Slab
Condition
- Const. Complete
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s), None/Not Applicable
HOA
- Has HOA: Yes
- Amenities included: Cable TV, Laundry, Deeded Beach Access
- Services included: Exter Pest Control, Maintenance Structure, Insurance, Irrigation, Landscape/Lawn, Legal and Accounting, Parking, Sewer, Trash, Water, See Remarks
- HOA fee: $911 monthly
- HOA phone: 239-472-5020
Location
- Region: Sanibel
Financial & listing details
- Price per square foot: $491/sqft
- Tax assessed value: $318,142
- Annual tax amount: $4,500
- Date on market: 10/2/2026
- Cumulative days on market: 68 days
- Listing terms: BTF/Cash
- Lease term: Month Min Rental,Monthly
Estimated market value
$392,600
$373,000 - $412,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Listed for sale | $417,535+1.8%$491/sqft |
Source:  Florida Gulf Coast MLS #2026021167 Report a problem | ||
| 7/3/2026 | Listing removed | $410,000$482/sqft |
Source: Florida Gulf Coast MLS #2026021167 Report a problem | ||
| 6/28/2026 | Price change | $410,000-4.4%$482/sqft |
Source:  Sanibel And Captiva Island AOR #2260458 Report a problem | ||
| 5/10/2026 | Listed for sale | $429,000+7.5%$505/sqft |
Source: Sanibel And Captiva Island AOR #2260458 Report a problem | ||
| 4/29/2025 | Listing removed | $399,000$469/sqft |
Source:  SWFLMLS #222061770 Report a problem | ||
| 4/9/2025 | Price change | $399,000-11.1%$469/sqft |
Source: Sanibel And Captiva Island AOR #2240910 Report a problem | ||
| 4/7/2025 | Price change | $449,000-10%$528/sqft |
Source: Sanibel And Captiva Island AOR #2240910 Report a problem | ||
| 2/13/2025 | Price change | $499,000-9.3%$587/sqft |
Source: Sanibel And Captiva Island AOR #2240910 Report a problem | ||
| 10/2/2024 | Listed for sale | $550,000$647/sqft |
Source: SWFLMLS #222061770 Report a problem | ||
| 8/13/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/17/2024 | Listed for sale | $550,000-11.3%$647/sqft |
Source: Owner Report a problem | ||
| 4/8/2024 | Listing removed | -- |
Source: Sanibel And Captiva Island AOR #2220574 Report a problem | ||
| 8/30/2022 | Listed for sale | $620,000$729/sqft |
Source: Sanibel And Captiva Island AOR #2220574 Report a problem | ||
| 8/25/2022 | Pending sale | $620,000$729/sqft |
Source: Sanibel And Captiva Island AOR #2220574 Report a problem | ||
| 8/17/2022 | Listed for sale | $620,000+30.5%$729/sqft |
Source: Sanibel And Captiva Island AOR #2220574 Report a problem | ||
| 6/13/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/11/2021 | Price change | $475,000+5.6%$559/sqft |
Source: Owner Report a problem | ||
| 5/19/2021 | Price change | $449,999-2.2%$529/sqft |
Source: Owner Report a problem | ||
| 4/6/2021 | Listed for sale | $460,000$541/sqft |
Source: Owner Report a problem | ||
| 3/15/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/11/2020 | Price change | $460,000+3.4%$541/sqft |
Source: Owner Report a problem | ||
| 10/17/2020 | Listed for sale | $445,000+60.1%$524/sqft |
Source: Owner Report a problem | ||
| 8/28/2015 | Sold | $278,000+20.9%$327/sqft |
Source: Florida Gulf Coast MLS #215025424 Report a problem | ||
| 8/14/2002 | Sold | $230,000$271/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $487 -0.3% | $318,142 +856.9% |
| 2024 | $488 -1% | $33,246 +0.3% |
| 2023 | $493 -88.6% | $33,131 -88.7% |
| 2022 | $4,328 +13.4% | $294,106 +10% |
| 2021 | $3,818 +6.8% | $267,369 +8.2% |
| 2020 | $3,576 +2.9% | $247,095 +3.7% |
| 2019 | $3,475 | $238,213 |
| 2018 | $3,475 -2.1% | $238,213 +1.4% |
| 2017 | $3,550 -0.9% | $234,983 +6.4% |
| 2016 | $3,583 +4.5% | $220,795 +14.3% |
| 2015 | $3,428 +12.1% | $193,200 +1.3% |
| 2014 | $3,059 +4.8% | $190,700 +21.1% |
| 2013 | $2,920 +2.7% | $157,500 -9.2% |
| 2012 | $2,844 -3.1% | $173,400 -1.5% |
| 2011 | $2,935 -1% | $176,100 +1.7% |
| 2010 | $2,964 -1.6% | $173,200 -5% |
| 2009 | $3,013 -15.1% | $182,270 -19.3% |
| 2008 | $3,549 -4.2% | $226,000 -3.8% |
| 2007 | $3,706 +24.5% | $235,000 |
| 2006 | $2,976 -4.8% | $235,000 +23% |
| 2004 | $3,125 -9.9% | $191,000 +3.2% |
| 2003 | $3,467 +1.8% | $185,000 +3.9% |
| 2002 | $3,406 | $178,000 +49.6% |
| 2000 | -- | $119,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 33957
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