429 E Gulf DR #51 Active

Sanibel,FL 33957

$ 295000

1 Bed

1 Bath

600 SqFt


Key Details

Property Type Condo

Sub Type Low Rise (1-3)

Listing Status Active

Purchase Type For Sale

Square Footage 600 sqft

Price per Sqft $491

Subdivision Colonnades Condo

MLS Listing ID 224080678

Style See Remarks

Bedrooms 1

Full Baths 1

Condo Fees $2,700/qua

Originating Board Florida Gulf Coast

Year Built 1969

Annual Tax Amount $350

Tax Year 2024

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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