The Colony Inn, 429 Gulf Dr #51, Sanibel, FL 33957

295,000(-16.95% )
1Beds
1Baths
600SqFt

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Details

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Status:
Active
Parking: No info
Size: 600 SqFt (56 m2)
Price: $408/SqFt ($4,395/m2)
Type: Condo
Built: 1969
HOA: N/A
MLS Number: 224080678
View: Landscaped Area
Updated: 125 Days ago
Page Views: 0
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!
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

    Price History

    03/14/2025

    Date

    Price Reduced

    Event

    $245K

    Price

    -16.95%

    Change Rate

    $408 ft2 / $4,395 m2

    Price Per

    10/14/2024

    Date

    Listed

    Event

    $295K

    Price

    $492 ft2 / $5,292 m2

    Price Per

    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 .

    Instant Comps

    $NaN/ft²

    Unit #51 – Asking

    $408/ft²

    (0%) from Closed Medium $/ft²

    Closed Medium $/ft²

    $NaN/ft²
    Community $/Price Range (Closed) $NaN/ft² – $NaN/ft²
    No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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    Mid-Tier Homes & Condos

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