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$425,000
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Property Description
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, 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!
Full Property Details
Full Property Details for 601 Periwinkle Way #D5
General
- Price: $425,000
- HOA FEE: $976/month
- Taxes: $6,318 (2025)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2025022838
- Updated: 12/10/2025
- Added to Site: 44 day(s) ago
Rental Information
- Lease/Rent Term: 28
- Min. Lease (Days): 28
Interior
- Interior Features: Great Room, Guest Room, Other, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Freezer, Microwave, Range, Refrigerator
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Primary Bathroom: Combo Tub And Shower
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Dining Room: Breakfast Bar, Dining - Living, Eat-in Kitchen
- Laundry: Common Area
Additional Information
- Shared Amenities: Community Boat Dock, See Remarks, Condo/Hotel, Non-Gated
- Security/Safety: Smoke Detector(s), Smoke Detectors
Exterior
- Exterior Features: Wooden Dock, Balcony, Courtyard, Automatic Sprinkler
- Porch/Patio/Deck: Screened Lanai/Porch
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Assigned, Covered, Driveway Paved, Detached Carport
Location
- Area: SI01 - Sanibel Island
- County: Lee
- Subdivision: CAPTAINS WALK
- Building Name: CAPTAINS WALK
- Direction Faces: East
Community
- Association: Yes
- Assoc. Fees Include: Irrigation Water, Laundry Facilities, Maintenance Grounds, Legal/Accounting, Manager, Pest Control Exterior, Repairs, Sewer, Trash, Water
- Units Assoc/Comm: 48
- Pets Allowed: Yes
- Number of Pets: 2
- Management Type: Professional
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Central
- Water: Central
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Architectural Style: See Remarks
- Description/Design: Low Rise (1-3)
- Exterior Const.: Concrete Block, Stucco
- Roof: Built-Up or Flat
- Common Walls: Corner, End Unit
- Windows: Double Hung, Impact Resistant, Sliding, Impact Resistant Windows, Window Coverings
- Entry Floor Number: 2
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 850
- Sq. Ft. Source: Condo Documents
- Living Area: 850 Sq. Ft.
- Year Built: 1971
Lot Features
- Property View: Landscaped Area
- Lot Size (Acres): 0.0753
- Lot Size (Sq. Ft.): 3,280
- Lot Size Source: Condo Documents
- Irrigation System: Assessment Paid
- Lot Features: Regular
- Lot Description: Regular
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Canal Front, Navigable Water
- Canal Width: Canal Width 31-80
- Boat Dock Slip: Yes
Financial Considerations
- Association Fee: $976
- Assoc Fee Freq.: Monthly
- Application Fee: $50
- Tax Amount: $6,318
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Ownership: Condo
- Legal Description: CAPTAINS WALK UNIT 2 CONDO BLDG D OR 659 PG 679 APT 5
- Property ID: 20-46-23-T3-0260D.0050
- Section: 20
- Block: 260D
- Lot Number: 5
Listed by McCallion and McCallion
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Schools
Schools serving 601 Periwinkle Way #D5
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
The Sanibel School 3840 Sanibel Captiva Road, Sanibel, FL 33957 | 6-8 | 5.4 mi |
Cypress Lake Middle School 8901 Cypress Lake Drive, Fort Myers, FL 33919 | 6-8 | 10.3 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 10.1 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 12.8 mi |
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901 | 9-12 | 15.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 601 Periwinkle Way #D5
Date
Details
Price
Change
Source
12/03/2025
Listed
$425,000
47.57%
MLS
3/28/2018
Sold
$288,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 601 Periwinkle Way #D5
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,563
1245%
$465,881
1301%
2024
$488
-1%
$33,246
—
2023
$493
-83%
$33,131
-87%
2021
$2,861
1%
$249,544
3%
2022
$2,839
-1%
$241,203
4%
2021
$2,861
-12%
$230,945
4%
2019
$3,241
-2%
$222,063
—
2018
$3,322
—
$222,870
2%
2017
$3,326
6%
$218,025
7%
2016
$3,130
8%
$203,911
12%
2015
$2,894
-2%
$181,400
-1%
2014
$2,952
118%
$183,300
5%
2013
$1,355
—
$175,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 601 Periwinkle Way #D5
601 Periwinkle Way #D5, Sanibel, FL 33957 (MLS# 2025022838) is a Single Family property with 2 bedrooms and 1 full bathroom. 601 Periwinkle Way #D5 is currently listed for $425,000 and was received on December 03, 2025. Want to learn more about 601 Periwinkle Way #D5? Do you have questions about finding other Single Family real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.

