$212,000
$245,000
13.5%For more information regarding the value of a property, please contact us for a free consultation.
429 E Gulf DR #51 Sanibel, FL 33957
1 Bed
1 Bath
600 SqFt
Key Details
Sold Price $212,000
Property Type Condo
Sub Type Low Rise (1-3)
Listing Status Sold
Purchase Type For Sale
Square Footage 600 sqft
Price per Sqft $353
Subdivision Colonnades Condo
MLS Listing ID 224080678
Sold Date 04/09/25
Style See Remarks
Bedrooms 1
Full Baths 1
Condo Fees $2,700/qua
Year Built 1969
Annual Tax Amount $350
Tax Year 2024
Property Sub-Type Low Rise (1-3)
Source Florida Gulf Coast
Property Description
Nestled in the sought-after East End of Sanibel Island, this top-floor one-bedroom, one-bath condo at The Colony Inn offers a unique chance to craft your own tropical retreat or investment property. Construction is ongoing and you will have the freedom to design the space exactly how you imagine, as the unit has been brought down to a "white box" state, ready for your personal touch. Enjoy serene tropical views from the screened porch, making it an ideal island escape or vacation rental. The Colony Inn allows for flexible rental terms—nightly, weekly, or monthly—through their on-site rental management office, ensuring great potential with many returning guests. The property features a community pool and offers easy beach access, perfect for a relaxing getaway or winter retreat. Its prime location is just a short walk to shopping, dining, and more, with quick off-and-on island access. Don't miss your chance to own this slice of paradise!
Location
State FL
County Lee
Area Si01 - Sanibel Island
Rooms
Dining Room Dining - Family
Interior
Interior Features Other
Heating Wall Unit
Cooling Ceiling Fan(s), Central Electric
Flooring Tile
Window Features Sliding,Impact Resistant Windows
Appliance None
Laundry Common Area
Exterior
Community Features BBQ - Picnic, Beach Access, Bike Storage, Pool, Condo/Hotel
Utilities Available Cable Available
Waterfront Description None
View Y/N Yes
View Landscaped Area
Roof Type Shingle
Porch Screened Lanai/Porch
Garage No
Private Pool No
Building
Lot Description Corner Lot
Sewer Central
Water Central
Architectural Style See Remarks
Structure Type Concrete Block,Stucco
New Construction No
Others
HOA Fee Include Cable TV,Insurance,Irrigation Water,Laundry Facilities,Maintenance Grounds,Legal/Accounting,Manager,Pest Control Exterior,Trash,Water
Tax ID 20-46-23-T3-02400.0110
Ownership Condo
Acceptable Financing Buyer Pays Title
Listing Terms Buyer Pays Title
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Bought with John R. Wood Properties