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, impact glass windows, 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!
For sale
$425,000
601 Periwinkle Way Unit D5, Sanibel, FL 33957
2beds
850sqft
Condominium
Built in 1971
-- sqft lot
$399,000 Zestimate®
$500/sqft
$1,150/mo HOA
What's special
Private lanaiTwo community docksCovered parkingElevated top-floor corner unitTile flooringImpact glass windows
- 137 days
- 113
- 4
Zillow last checked:
Listing updated:
Listed by:
Milissa Sprecher 239-414-6044,
McCallion and McCallion,
Kathy Ezell 239-472-1950,
McCallion and McCallion
Source: Sanibel And Captiva Island AOR,MLS#: 2251197
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: DR/LR Combo, Kitchen, See Remarks, Great Room
Primary bedroom
- Features: Walk-In Closet(s)
Primary bathroom
- Features: Shower/Tub Combo
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Freezer, Microwave, Electric Range, Refrigerator
Features
- Breakfast Bar, 8 Ft Ceilings
- Flooring: Tile
- Doors: Sliding Doors
- Windows: Impact Resistant Windows, Window Coverings
- Has fireplace: No
Interior area
- Total structure area: 1,000
- Total interior livable area: 850 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Covered, Carport
- Carport spaces: 1
Features
- Patio & porch: Screened
- Exterior features: Dock
- Has view: Yes
- View description: Lawn/Garden
- Waterfront features: Canal Salt, Mangroves, Canal, Near Beach
Details
- Parcel number: 204623T30260D0050
Construction
Type & style
- Home type: Condo
- Architectural style: See Remarks
- Property subtype: Condominium
Materials
- Stucco, CBS
Condition
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s), None/Not Applicable
HOA
- Has HOA: Yes
- Amenities included: Boat Dock, Laundry
- Services included: Landscape/Lawn, Sewer, Trash
- HOA fee: $1,150 monthly
- HOA phone: 239-472-5020
Location
- Region: Sanibel
Financial & listing details
- Price per square foot: $500/sqft
- Tax assessed value: $465,881
- Annual tax amount: $6,318
- Date on market: 6/10/2026
- Cumulative days on market: 329 days
- Listing terms: BTF/Cash
- Lease term: Month Min Rental,Monthly
Estimated market value
$399,000
$379,000 - $419,000
$2,290/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2025 | Listed for sale | $425,000$500/sqft |
Source:  Sanibel And Captiva Island AOR #2251197 Report a problem | ||
| 11/1/2025 | Listing removed | $425,000$500/sqft |
Source: Sanibel And Captiva Island AOR #2250146 Report a problem | ||
| 7/19/2025 | Price change | $425,000-9.4%$500/sqft |
Source: Sanibel And Captiva Island AOR #2250146 Report a problem | ||
| 1/24/2025 | Listed for sale | $469,000-11.3%$552/sqft |
Source: Sanibel And Captiva Island AOR #2250146 Report a problem | ||
| 1/1/2024 | Listing removed | -- |
Source: Sanibel And Captiva Island AOR #2230649 Report a problem | ||
| 6/13/2023 | Listed for sale | $529,000-7%$622/sqft |
Source:  Florida Gulf Coast MLS #223040830 Report a problem | ||
| 5/9/2022 | Sold | $569,000$669/sqft |
Source:  Florida Gulf Coast MLS #222018391 Report a problem | ||
| 4/8/2022 | Pending sale | $569,000$669/sqft |
Source: Florida Gulf Coast MLS #222018391 Report a problem | ||
| 3/16/2022 | Listed for sale | $569,000+97.6%$669/sqft |
Source: Sanibel And Captiva Island AOR #2220211 Report a problem | ||
| 3/29/2018 | Sold | $288,000-11.4%$339/sqft |
Source: Agent Provided Report a problem | ||
| 7/31/2017 | Listing removed | $325,000$382/sqft |
Source: RE/MAX of The Islands #217009030 Report a problem | ||
| 2/1/2017 | Listed for sale | $325,000+66.7%$382/sqft |
Source: RE/MAX of The Islands #217009030 Report a problem | ||
| 6/12/2013 | Sold | $195,000-8.8%$229/sqft |
Source: Public Record Report a problem | ||
| 4/9/2013 | Price change | $213,900-3.6%$252/sqft |
Source: Robert A Coscia LLC #201214810 Report a problem | ||
| 2/21/2013 | Listed for sale | $221,900-1.3%$261/sqft |
Source: Robert A Coscia LLC #201214810 Report a problem | ||
| 4/14/2012 | Listed for sale | $224,900-10%$265/sqft |
Source: Robert A Coscia LLC #201214810 Report a problem | ||
| 4/14/2011 | Listing removed | $249,900$294/sqft |
Source: Florida's 1st Choice Realty #201021525 Report a problem | ||
| 9/21/2010 | Price change | $249,900-5.7%$294/sqft |
Source: Florida's 1st Choice Realty #201021525 Report a problem | ||
| 4/24/2010 | Price change | $265,000-3.6%$312/sqft |
Source: Sellstate 1st Choice Realty, Inc #200923147 Report a problem | ||
| 11/7/2009 | Listed for sale | $275,000$324/sqft |
Source: Sellstate 1st Choice Realty, Inc #200923147 Report a problem | ||
| 6/20/2009 | Listing removed | $275,000$324/sqft |
Source: Listhub #200923147 Report a problem | ||
| 5/13/2009 | Listed for sale | $275,000$324/sqft |
Source: Listhub #200923147 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,582 +1248.3% | $465,881 +1301.3% |
| 2024 | $488 -1% | $33,246 +0.3% |
| 2023 | $493 -82.6% | $33,131 -86.3% |
| 2022 | $2,839 -0.8% | $241,203 +3% |
| 2021 | $2,861 +0.6% | $234,178 +1.4% |
| 2020 | $2,843 -12.3% | $230,945 +4% |
| 2019 | $3,241 | $222,063 -0.4% |
| 2018 | $3,241 -2.4% | $222,870 +2.2% |
| 2017 | $3,322 -0.1% | $218,025 +6.9% |
| 2016 | $3,326 +6.2% | $203,911 +12.4% |
| 2015 | $3,130 +8.2% | $181,400 -1% |
| 2014 | $2,894 -2% | $183,300 +4.6% |
| 2013 | $2,952 +124.4% | $175,300 -7% |
| 2012 | $1,316 +2.3% | $188,400 +12.1% |
| 2011 | $1,287 -0.5% | $168,000 -2.2% |
| 2010 | $1,294 +8.3% | $171,800 -7.7% |
| 2009 | $1,195 +6.3% | $186,150 -18.7% |
| 2008 | $1,124 -11.8% | $229,000 -4.2% |
| 2007 | $1,275 -2.1% | $239,000 +16.6% |
| 2006 | $1,302 -63% | $205,000 +9% |
| 2004 | $3,515 +165.8% | $188,000 +2.7% |
| 2003 | $1,322 +0.9% | $183,000 +10.9% |
| 2002 | $1,310 | $165,000 +65% |
| 2000 | -- | $100,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 33957
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