$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 Condominium
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,Low Rise
Bedrooms 1
Full Baths 1
Construction Status Resale
HOA Fees $900/qua
HOA Y/N No
Annual Recurring Fee 10800.0
Year Built 1969
Annual Tax Amount $350
Tax Year 2024
Lot Dimensions Appraiser
Property Sub-Type Condominium
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
Community Colonnades Condo
Area Si01 - Sanibel Island
Rooms
Bedroom Description 1.0
Interior
Interior Features Family/ Dining Room, Living/ Dining Room, Other, Tub Shower
Heating Wall Furnace
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Tile
Furnishings Unfurnished
Fireplace No
Window Features Sliding,Impact Glass
Laundry Common Area
Exterior
Exterior Feature Security/ High Impact Doors, Other
Pool Community
Community Features Condo Hotel Community, Near Hotel/ Motel
Utilities Available Cable Available
Amenities Available Beach Rights, Beach Access, Bike Storage, Laundry, Barbecue, Picnic Area, Pool
Waterfront Description None
Water Access Desc Public
View Landscaped
Roof Type Shingle
Porch Lanai, Porch, Screened
Garage No
Private Pool No
Building
Lot Description Corner Lot
Faces Northeast
Story 2
Sewer Public Sewer
Water Public
Architectural Style See Remarks, Low Rise
Unit Floor 2
Structure Type Block,Concrete,Stucco
Construction Status Resale
Others
Pets Allowed Call, Conditional
HOA Fee Include Association Management,Cable TV,Insurance,Irrigation Water,Laundry,Legal/Accounting,Maintenance Grounds,Pest Control,Trash,Water
Senior Community No
Tax ID 20-46-23-T3-02400.0110
Ownership Condo
Financing Cash
Pets Allowed Call, Conditional
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Bought with John R. Wood Properties