561 Periwinkle Way Unit E4

Sanibel, FL 33957

850 sq ft | 2 beds | 1.5 baths
$349,000
For Sale
Listed: February 16, 2026
MLS#: 2025020830

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.

Key Details

Price
349,000
Bedrooms
2
Bathrooms
1.5
Living Area
850 SqFt
Year Built
1972
Lot Size
0.099 Acres
Property Type
Residential
Property Subtype
Condominium
County
Lee
Subdivision
CAPTAINS WALK
Pool
No
Cooling
Yes (CentralAir,CeilingFans,Electric)
Heating
Yes (Central,Electric)
Flooring
Tile
Roof
BuiltUp,Flat
Taxes (Annual)
$4,320 (Year: 2025)

Location

Community

No community information available for CAPTAINS WALK.

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Listing courtesy of: Anna Turner, Royal Shell Real Estate, Inc.
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