Home > Captains Walk > 561 Periwinkle Way #E4, Sanibel, FL 33957
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561 Periwinkle Way #E4, Sanibel, FL 33957 - 2 Bedroom Condo in Captains Walk

$349,000

MLS Number
2025020830
Bedrooms
2 Bed
Bathrooms
1 Bath + 1 Half
Living Area
850 sq ft
Total Area
1,020 sq ft
Garage Spaces
0
Year Built
1972
Days on Market
12

home Property Description

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.

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fact_check The Basics

Property Type Condo
Gulf Access Yes
Boat Access Captain's Walk, Dock Included, Water Avail at Dock, Wooden Dock
Private Pool No
Private Spa No
Acres 0.099
Furnished Unfurnished
Last Modified 1 week ago

savings Financials & HOA Fees

Foreclosure No
Auction No
Short Sale No
Mandatory HOA Yes
Master HOA Fee $951 monthly

roofing Building Features

Building Features Common Area Washer/Dryer
Building Style Corner, End-Unit
Construction Materials Concrete Block, Stucco
Cooling Ceiling Fan(s), Central Electric
Covered Spaces 1
Elevator None
Floor Plan Great Room
Floors 2
Other Structures Storage
Rear Exposure West
Roof Built-Up
Storm Protection Impact Resistant Doors, Impact Resistant Windows
View Landscaped Area
Water Source Central
Waterfront Features Canal Front, Navigable
Window Features Window Coverings

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chair Interior Features

Appliances & Equipment Dishwasher, Disposal, Microwave, Range, Refrigerator/Icemaker, Washer/Dryer Hookup
Interior Features Built-In Cabinets, Pantry, Walk-In Closet(s), Window Coverings
Additional Rooms Florida Room, Glass Porch, Great Room, Guest Room, Laundry in Residence
Kitchen Features Pantry
Flooring Tile
Gas No
Laundry Common Area, Washer/Dryer Hookup, Laundry in Residence

holiday_village Neighborhood and Community

Pets Allowed Limits
Amenities Common Laundry, Community Boat Dock, Community Gulf Boat Access, Fish Cleaning Station, Fishing Pier, See Remarks, Sidewalk
Neighborhood Captains Walk
Neighborhood Type Boating, Non-Gated
Community Features Fishing, Sidewalks
Included in Fees Insurance, Internet/WiFi Access, Irrigation Water, Laundry Facilities, Lawn/Land Maintenance, Legal/Accounting, Manager, Sewer, Trash Removal, Water
HOA Restrictions Limited Number Vehicles, No RV

travel_luggage_and_bags Leasing Rules

Lease Limits Yes
Leases Per Year 12
Minimum Days of Lease 28

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Chris Farrugia, REALTOR Portrait

Chris Farrugia, M.B.A.

Realtor® at The Listing Naples Group

📞 (239) 248-8171
📧 chris@listingnaples.com

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The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2026 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

Listing provided by Royal Shell Real Estate, Inc..