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409 E Gulf DR #18 Sanibel, FL 33957
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Key Details
Sold Price $262,000
Property Type Condo
Sub Type Low Rise (1-3)
Listing Status Sold
Purchase Type For Sale
Square Footage 600 sqft
Price per Sqft $436
Subdivision Colonnades Condo
MLS Listing ID 2025016882
Style Resale Property
Bedrooms 1
Full Baths 1
Condo Fees $2,700/qua
HOA Fees $10,800
Min Days of Lease 1
Year Built 1968
Annual Tax Amount $365
Tax Year 2024
Lot Size 6,329 Sqft
Property Sub-Type Low Rise (1-3)
Property Description
Most Affordable Near-Beach Opportunity on Sanibel & Captiva!
Discover the perfect blend of island charm, comfort, and value with this delightful one-bedroom, one-bath condominium located at The Colony Inn on Sanibel's sought-after East End. This ground-floor unit is beautifully updated and thoughtfully decorated with a relaxed, coastal-cottage vibe that instantly makes you feel at home. Whether you're searching for a personal island retreat or a proven vacation rental investment, this turnkey property is ready to enjoy from day one.
Inside, you'll find a bright and inviting living space enhanced by tasteful furnishings and plenty of natural light. The kitchen has been updated with modern finishes, offering everything needed for comfortable day-to-day living or extended stays. The bathroom has also been refreshed, blending clean design with coastal-inspired touches. The spacious bedroom features two double beds, ideal for accommodating family and guests with ease.
Step out onto the screened-in porch and take in the lush tropical views—a perfect spot to sip your morning coffee, read a book, or unwind after a day at the beach. From here, you're just a short stroll away from Sanibel's sugar-sand shores, where seashells, gentle breezes, and Gulf sunsets await.
The Colony Inn offers owners and guests a truly carefree island lifestyle with flexible rental options. The on-site rental management program allows for nightly, weekly, and monthly rentals, making this one of the most versatile and affordable investment opportunities on the island. The property enjoys a strong base of repeat visitors, ensuring excellent rental potential throughout the year. Owners also appreciate the convenience of professional management services that handle everything from check-ins to maintenance, making ownership effortless.
Located on Sanibel's desirable East End, The Colony Inn is just moments from shops, restaurants, and the iconic Sanibel Lighthouse. This area of the island is loved for its walkability, charm, and easy access on and off the causeway—perfect for those who want both tranquility and convenience.
Whether you're dreaming of an island escape for yourself, a winter retreat, or a revenue-producing vacation property, this condo delivers on every level. Enjoy the laid-back Sanibel lifestyle where you can bike to the beach, explore nature trails, and dine by the water—all just steps from your front door.
Don't miss this rare chance to own one of the most affordable near-beach properties on Sanibel Island. It's an incredible opportunity to get your toes in the sand and start living the island dream!
Buyer to verify square footage; measurements were taken from the condominium directory.
Location
State FL
County Lee
Community Non-Gated
Area Colonnades Condo
Rooms
Dining Room Dining - Living
Interior
Heating Wall Unit
Flooring Tile
Equipment Dishwasher, Disposal, Microwave, Range, Refrigerator, Smoke Detector
Exterior
Exterior Feature Screened Lanai/Porch, Storage
Parking Features 1 Assigned, Guest
Pool Community
Community Features Pool
Amenities Available Barbecue, Beach Access, Common Laundry, Pool
Waterfront Description None
View Y/N Yes
View Landscaped Area
Roof Type Built-Up
Building
Lot Description Zero Lot Line
Building Description Concrete Block,Stucco, Common Area Washer/Dryer,DSL/Cable Available
Story 2
Water Central
Structure Type Concrete Block,Stucco
New Construction No
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Bought with Keller Williams Realty Fort Myers and the Islands
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