The Colony Inn, 429 Gulf Dr #51

1
Beds
1
Baths
600
SqFt
$353
$/SqFt
Sold - Apr 09, 2025
Mid-Tier Condo
Built in 1969
Landscaped Area View
Low Rise (1-3)
Screened Lanai/Porch
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!
MLS Number: 224080678
Updated: 527 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Screened Lanai/Porch
  • View: Landscaped Area
Interior, Heating and Cooling
  • Interior Features: Other
  • Equipment / Appliances: None
  • Heating Description: Wall Unit
  • Cooling Description: Ceiling Fan(s), Central Electric
Building and Construction
  • Floor Description: Tile
  • Windows/Treatment: No info
  • Construction Type: No info
  • Year Built: 1969
  • Style: Low Rise (1-3)
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Pets Allowed: With Approval
    Taxes, Fees & More
    • Maintenance Includes: Cable, Insurance, Irrigation Water, Laundry Facilities, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Trash Removal, Water
    • Taxes: 350
    • Security Information: No info
    • Parking Description: No info
    • Total Floors in Building: 2
    • Total Units in Building: 16

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    Price History

    Current
    $245K
    High
    $295K
    Low
    $245K
    Total Change
    -16.9%
    $301K$270K$239KOct 24Mar 25
    Date
    Event
    Price
    Change
    Price Per
    03/14/2025
    Sold
    $245K
    -16.95%
    $408 ft2
    $4,395 m2
    10/14/2024
    Listed
    $295K
     
    $492 ft2
    $5,292 m2
    03/14/2025
    $245K
    Event
    Sold
    Change
    -16.95%
    Price Per
    $408 ft2
    $4,395 m2
    10/14/2024
    $295K
    Event
    Listed
    Price Per
    $492 ft2
    $5,292 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by LeAne Taylor SuarezJohn R. Wood Properties • Buyer Agency Compensation .

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    Scores

    Walk Score®
    Car-Dependent. Almost all errands require a car
    14

    100
    Bike Score®
    Very Bikeable. Biking is convenient for most trips
    79

    100
    Sound Score®
    Bearable noise
    76

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    31

    100
    Local Score
    Limited local amenities nearby
    0

    100
    Community Snapshot
    540 - 600
    SqFt Range
    1968
    Year Build
    2
    Total Floors

    Subdivision Amenities

    Beach Access
    Bike Storage
    Common Laundry
    Pool
    See Remarks
    Storage
    Barbecue
    Beach Access
    Common Laundry
    Pool

    Sanibel
    Mid-Tier
    Mid-Tier Homes & Condos

    Colonnades Communities in Sanibel, FL