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For sale
    • $425,000

    601 Periwinkle Way Unit D5, Sanibel, FL 33957

    2beds
    850sqft
    : 
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    Condominium
    Built in 1971
    -- sqft lot
    $396,800 Zestimate®
    $500/sqft
    $1,150/mo HOA

    What's special

    Private lanaiTwo community docksCovered parkingElevated top-floor corner unitTile flooringImpact glass windows
    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!
    41 days
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    131
    |
    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Milissa Sprecher 239-414-6044,

    McCallion and McCallion,

    Kathy Ezell 239-423-2223,

    McCallion and McCallion

    Source: Sanibel And Captiva Island AOR,MLS#: 2251197MLS Logo

      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: 233 days
      • Listing terms: BTF/Cash
      • Lease term: Month Min Rental,Monthly

        Estimated market value

        $396,800

        $377,000 - $417,000

        $2,117/mo

        Price history

        DateEventPrice
        12/3/2025Listed for sale$425,000$500/sqft
        Source: Sanibel And Captiva Island AOR #2251197 Report a problem
        11/1/2025Listing removed$425,000$500/sqft
        Source: Sanibel And Captiva Island AOR #2250146 Report a problem
        7/19/2025Price change$425,000-9.4%$500/sqft
        Source: Sanibel And Captiva Island AOR #2250146 Report a problem
        1/24/2025Listed for sale$469,000-11.3%$552/sqft
        Source: Sanibel And Captiva Island AOR #2250146 Report a problem
        1/1/2024Listing removed--
        Source: Sanibel And Captiva Island AOR #2230649 Report a problem
        6/13/2023Listed for sale$529,000-7%$622/sqft
        Source: Florida Gulf Coast MLS #223040830 Report a problem
        5/9/2022Sold$569,000$669/sqft
        Source: Florida Gulf Coast MLS #222018391 Report a problem
        4/8/2022Pending sale$569,000$669/sqft
        Source: Florida Gulf Coast MLS #222018391 Report a problem
        3/16/2022Listed for sale$569,000+97.6%$669/sqft
        Source: Sanibel And Captiva Island AOR #2220211 Report a problem
        3/29/2018Sold$288,000-11.4%$339/sqft
        Source: Agent Provided Report a problem
        7/31/2017Listing removed$325,000$382/sqft
        Source: RE/MAX of The Islands #217009030 Report a problem
        2/1/2017Listed for sale$325,000+66.7%$382/sqft
        Source: RE/MAX of The Islands #217009030 Report a problem
        6/12/2013Sold$195,000-8.8%$229/sqft
        Source: Public Record Report a problem
        4/9/2013Price change$213,900-3.6%$252/sqft
        Source: Robert A Coscia LLC #201214810 Report a problem
        2/21/2013Price change$221,900-1.3%$261/sqft
        Source: Robert A Coscia LLC #201214810 Report a problem
        4/14/2012Listed for sale$224,900-10%$265/sqft
        Source: Robert A Coscia LLC #201214810 Report a problem
        4/14/2011Listing removed$249,900$294/sqft
        Source: Florida's 1st Choice Realty #201021525 Report a problem
        9/21/2010Price change$249,900-5.7%$294/sqft
        Source: Florida's 1st Choice Realty #201021525 Report a problem
        4/24/2010Price change$265,000-3.6%$312/sqft
        Source: Sellstate 1st Choice Realty, Inc #200923147 Report a problem
        11/7/2009Listed for sale$275,000$324/sqft
        Source: Sellstate 1st Choice Realty, Inc #200923147 Report a problem
        6/20/2009Listing removed$275,000$324/sqft
        Source: Listhub #200923147 Report a problem
        5/13/2009Listed for sale$275,000$324/sqft
        Source: Listhub #200923147 Report a problem

        Public tax history

        YearProperty taxesTax 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

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        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33957

        Getting around

        20 / 100
        Car-Dependent
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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