$425,000

For sale

601 Pe••••• Way Unit D5 (Sign up for 50 free credits to unlock)Sanibel, FL 33957

2Beds
1Baths
850Sq Ft Living
3,280Sq Ft Lot
1971Year Built

Property 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!

Property Facts & Features

Property Type
Condos
Status
Active
Listed
Dec 2, 2025
Price per Sq Ft
$500/sqft
ZIP Code
33957
Full Baths
1
Parking
Covered, Single Carport
Heating
Central Heat
Cooling
Ceiling Fan(S), Central Air/Cooling
HOA Fee
$1,150/mo
Property Tax (2025)
$6,581/yr
Assessed Value
$465,881
Last Sold
$569,000 · May 24, 2022
Neighborhood
Captains Walk
County
Lee
School District
Lee
Cats
Allowed
Dogs
Allowed

Estimated Value

$421,000Range $341,000 to $542,989

Automated estimate. Not an appraisal.

Features & Amenities

Bedrooms

  • Bedrooms: 2
  • Primary Bedroom Description: Walk-In Closet

Bathrooms

  • Full Bathrooms: 1
  • Primary Bathroom Description: Shower/Tub Combo

Utilities

  • Sewer: City
  • Water Source: City

Appliances

  • Dishwasher
  • Disposal
  • Freezer
  • Microwave
  • Range Electric
  • Refrigerator
  • Smoke Detector(s)

Condo Info

  • Unit Floor In Building: 2

Other Rooms

  • Breakfast Bar
  • DR/LR Combo
  • Kitchen
  • Screened Porch

Rental Info

  • Rent Frequency: Monthly
  • Application Fee: 50

Home Features

  • View: Lawn/Garden

Interior Features

  • Furnished: Yes
  • Furnished Description: Fully Furnished, Inventory Avail., Window Cov-All
  • Ceilings: 8 Ft Ceilings
  • Door Features: Sliding
  • Flooring: Tile Floor
  • Window Features: Impact Resistant Windows

Garage and Parking

  • Carport Spaces: 1
  • Parking Features: Covered, Single Carport

Heating and Cooling

  • Cooling Features: Ceiling Fan(s), Central Air/Cooling
  • Heating Features: Central Heat
  • Heating: Yes
  • Ceiling Fans: Yes

Other Property Info

  • CBS
  • Annual Tax Amount: 6318
  • Source Listing Status: Active
  • Tax Year: 2025
  • Restrictions: Month Min Rental, Number of Pets, Pet Limits
  • Area: 1-Sanibel
  • Property Subtype: condo
  • Source Neighborhood: 1-Sanibel
  • Property Location: Canal - East End
  • Property Subtype: Condo

Homeowners Association

  • Association: Yes
  • Association Amenities: Boat Docks, Community Laundry
  • Association Fee: 1150
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Landscape/Lawn, Sewer, Trash
  • Calculated Total Monthly Association Fees: 1150
  • Pets Allowed: Limits
  • Pet Description: 2 owner pets

Building and Construction

  • Total Square Feet Living: 850
  • Year Built: 1971
  • Building Exterior Type: Stucco
  • Building Name: Captains Walk
  • Property Age: 55
  • House Style: Great Room
  • Total Area Sqft: 1000

Waterfront and Water Access

  • Canal Salt
  • Mangroves

Location

Lat 26.44931 · Lng -82.02949