For sale Condo

Listed Dec 1, 2025

$425,000 Est. $2,811/mo

601 Periwinkle Way D5

  • 2

    Beds

  • 1

    Baths

  • 850

    Sq ft

The story

  • Waterfront

Unit D5 at 601 Periwinkle Way is a 2-bedroom, 1-bathroom, two-story condo in Sanibel, FL with 850 sq ft of living space, built in 1971. It is currently listed at $425,000. Highlights include a waterfront setting.

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!

Facts & features

Home type

Condo

Year built

1971

Floors

2

Price per sq ft

$500

Included features

  • Cooling

    Central Air, Ceiling Fan(s), Electric

  • Heating

    Central, Electric

  • Appliances

    Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator

  • Flooring

    Tile

  • Roof

    Built-Up, Flat

  • Lot Information

    Rectangular Lot, Waterfront

  • Exterior

    Balcony, Courtyard, Outdoor Grill

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$2,811 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,262
  • Property tax $425
  • Insurance $124

Includes principal, interest, taxes & insurance.

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Listing Broker

McCallion and McCallion

Broker Name

McCallion and McCallion

Agent

Milissa Sprecher

Location

Sanibel FL 33957