Beautiful Sanibel Island East End location provides amazing opportunity for you to create your own tropical retreat and/or rental opportunity. This lovely corner unit has additional windows filling the condo with sunlight. The Colony Inn allows daily rentals and on-site management making it ideal for an investment. Construction continues and allows for you to create the oasis you envision. Community Pool and easy beach access complete the perfect vacation for you, family, friends and guests. Easy off-on island location and walking distance to shopping, dining, and more compliments the setting. Take advantage of this fabulous SW Florida beach retreat opportunity!
Sold for $227,500
$227,500
409 E Gulf Dr APT 1, Sanibel, FL 33957
1beds
540sqft
Condominium
Built in 1968
-- sqft lot
$189,300 Zestimate®
$421/sqft
$1,507 Estimated rent
Home value
$189,300
$159,000 - $223,000
$1,507/mo
Zestimate® history
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$4,276/mo
Est. payment
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$4,276/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Susan E McCallion 239-312-5576,
McCallion and McCallion
Bought with:
OTHER OTHER
Other
Source: Sanibel And Captiva Island AOR,MLS#: 2240544
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: DR/LR Combo, Kitchen
Heating
- Wall Unit Heat
Cooling
- Wall Unit(s)
Appliances
- Included: Other
Features
- 8 Ft Ceilings
- Flooring: Other
- Windows: Impact Resistant Windows
- Has fireplace: No
Interior area
- Total structure area: 600
- Total interior livable area: 540 sqft
Property
Parking
- Parking features: No Garage
Features
- Patio & porch: Open Porch
- Pool features: Community
- Has view: Yes
- View description: Lawn/Garden
- Waterfront features: Other Add Agt Note, Near Beach
Details
- Parcel number: 204623T3023000010
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- CBS
Condition
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: See Remarks
HOA
- Has HOA: Yes
- Amenities included: Laundry, Barbecue, Pool
- Services included: Cable TV, Exter Pest Control, Insurance, Internet, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Pool Service
- HOA fee: $2,700 quarterly
- HOA phone: 239-472-5151
Location
- Region: Sanibel
Financial & listing details
- Price per square foot: $421/sqft
- Tax assessed value: $24,575
- Annual tax amount: $388
- Date on market: 7/25/2024
- Cumulative days on market: 237 days
- Listing terms: BTF/Cash
- Lease term: Daily Rental,Daily
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2025 | Sold | $227,500-4.8%$421/sqft |
Source:  Sanibel And Captiva Island AOR #2240544 Report a problem | ||
| 4/15/2025 | Pending sale | $239,000$443/sqft |
Source: Sanibel And Captiva Island AOR #2240544 Report a problem | ||
| 3/25/2025 | Price change | $239,000-17.3%$443/sqft |
Source: Sanibel And Captiva Island AOR #2240544 Report a problem | ||
| 1/31/2025 | Price change | $289,078-3.3%$535/sqft |
Source: Sanibel And Captiva Island AOR #2240544 Report a problem | ||
| 10/1/2024 | Listed for sale | $299,000$554/sqft |
Source: Sanibel And Captiva Island AOR #2240544 Report a problem | ||
| 8/30/2024 | Pending sale | $299,000$554/sqft |
Source: Sanibel And Captiva Island AOR #2240544 Report a problem | ||
| 7/25/2024 | Listed for sale | $299,000+61.6%$554/sqft |
Source: Sanibel And Captiva Island AOR #2240544 Report a problem | ||
| 12/9/2014 | Sold | $185,000-5.1%$343/sqft |
Source: Public Record Report a problem | ||
| 10/9/2014 | Listed for sale | $195,000-29.1%$361/sqft |
Source: Royal Shell Real Estate Inc #214054992 Report a problem | ||
| 12/24/2008 | Listing removed | $274,900$509/sqft |
Source: Listhub #200834701 Report a problem | ||
| 8/23/2008 | Listed for sale | $274,900$509/sqft |
Source: Listhub #200834701 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $365 -0.3% | $24,575 |
| 2024 | $365 -9.6% | $24,575 -8.8% |
| 2023 | $404 -87.2% | $26,950 -87.4% |
| 2022 | $3,161 +13.3% | $214,578 +10% |
| 2021 | $2,790 +0.9% | $195,071 +3.1% |
| 2020 | $2,765 +10% | $189,198 +10% |
| 2019 | $2,514 | $171,998 -0.5% |
| 2018 | $2,514 -2.5% | $172,805 |
| 2017 | $2,579 -2.3% | $172,805 +5.4% |
| 2016 | $2,639 +5.6% | $163,874 +14% |
| 2015 | $2,500 +8.9% | $143,800 +6.8% |
| 2014 | $2,297 +5.8% | $134,700 +7.7% |
| 2013 | $2,171 +2.4% | $125,100 -3.2% |
| 2012 | $2,121 -10.1% | $129,200 -8.6% |
| 2011 | $2,359 +6.9% | $141,400 +9.9% |
| 2010 | $2,207 -19.3% | $128,700 -22.2% |
| 2009 | $2,735 -18.5% | $165,360 -22.5% |
| 2008 | $3,354 -5.5% | $213,500 -5.1% |
| 2007 | $3,549 +2% | $225,000 +7.7% |
| 2006 | $3,478 +3.9% | $209,000 +16.8% |
| 2004 | $3,347 +13.7% | $179,000 +14% |
| 2003 | $2,945 -2.1% | $157,000 |
| 2002 | $3,007 | $157,000 +106.6% |
| 2000 | -- | $76,000 |
Find assessor info on the county website
Neighborhood: 33957
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Nearby schools
GreatSchools rating
- 10/10The Sanibel SchoolGrades: PK-8Distance: 5.7 mi
- 5/10Cypress Lake High SchoolGrades: 9-12Distance: 9.9 mi
- 2/10South Fort Myers High SchoolGrades: 9-12Distance: 12.6 mi
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$189,300
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$193,086
- Florida
- Lee County
- Sanibel
- 33957
- 409 E Gulf Dr Apartment 1
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