561 Periwinkle WAY, Sanibel, FL 33957
  • $349,000

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.

Details

Updated on March 22, 2026 at 7:34 pm
  • Property ID 2025020830
  • Price $349,000
  • Property Size 1020 Sqft
  • Land Area 0.099 Acres
  • Bedrooms 2
  • Bathrooms 2
  • Garage Size x x
  • Year Built 1972
  • Property Type Low Rise (1-3), Residential
  • Property Status Active

Additional details

  • Association Fee 11424
  • Roof Built-Up
  • Cooling Ceiling Fan(s),Central Electric
  • Heating Central Electric
  • Flooring Tile
  • County Lee
  • Property Type Residential
  • Parking 1 Assigned,Covered,Driveway Paved,Detached Carport
  • Community Features Fishing,Sidewalks
  • Waterfront Canal Front,Navigable
  • Architectural Style Low Rise (1-3)

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