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561 Periwinkle Way, Unit E4, CAPTAINS WALKSanibel, FL 33957Price: $349,000

  • Price: $349,000
  • Est. Mortgage of $/month
  • 17 Days on Market
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Federal 30-year interest rate: 6.0% last updated on Mar 5, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $349,000List Price
  • 2Bedrooms
  • 2Bathrooms
  • 0.1Acreage
  • 850Square Feet

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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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Listed by Anna Turner of Royal Shell Real Estate,Inc.

Based on information submitted to Gulf Coast as of March 7, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or Gulf Coast.  All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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