About This Home

This 2-bedroom, 1-bathroom condo at 601 Periwinkle Way #D5 in Sanibel, FL is listed for $425,000 ($500 per sqft). Built in 1971, the home offers 850 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 1971
  • 0.08 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
1 full
#D5
1971

Amenities

WaterfrontA/C
Listing 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!

Monthly Cost Estimate

$3,249/mo

20% down · 6.5% · 30 years

Principal$307
Interest$1,842
Insurance$124
HOA$976

Estimates only. Actual payments may vary.

Location

601 Periwinkle Way #D5

Sanibel, FL 33957

CAPTAINS WALK

Features & Amenities

Interior Features

BreakfastBarEatInKitchenLivingDiningRoomTubShowerWalkInClosetsWindowTreatments

Exterior Features

CourtyardSprinklerIrrigationOutdoorGrill

Property Details

Flooring

Tile

Construction

Block Concrete Stucco

Outdoor Features

Porch

Parking

AssignedCoveredDrivewayCarport

Heating

Electric (Heating)Central

Cooling

ElectricCentral AirCeiling Fan(s)

Appliances

DishwasherFreezerDisposalMicrowaveRangeRefrigerator

Questions & Answers

This 2-bedroom, 1-bathroom condo at 601 Periwinkle Way is listed at $425,000 ($500/sqft). The estimated monthly payment is $3,249 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $976/month.

Key features include: Built in 1971, 0.08 acre lot, 2 stories, Waterfront. Interior Features: BreakfastBar, EatInKitchen, LivingDiningRoom. Exterior Features: Courtyard, SprinklerIrrigation, OutdoorGrill.

This property is listed by Milissa Sprecher.

MS

Milissa Sprecher

License 280597307

Agent at McCallion & McCallion

Listed by McCallion & McCallion · Broker phone: (239) 472-1950 · View on Broker Site · Broker website

MLS# 2025022838· Source: Florida Gulf Coast Multiple Listing Service, Inc.· 330 days on PropertySimple

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

601 Periwinkle Way #D5, Sanibel, FL 33957

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