Discover your island retreat at The Colony Inn of Sanibel. This beautifully remodeled and impeccably decorated condo is a truly exceptional offering—unlike any other in the community—blending luxury, comfort, and convenience in a serene coastal setting. The interior has been thoughtfully redesigned with a contemporary coastal aesthetic, featuring recessed lighting, shiplap walls, custom kitchen cabinetry, a striking tile backsplash, a built-in refrigerator, and impact-resistant windows and doors for both comfort and peace of mind. The spacious bedroom features a plush king bed, accented by a grass cloth wall, and ample storage, while the large living area provides an inviting space to unwind. Step out onto the generous screened patio—perfect for relaxing after a sun-soaked day at the beach. The Colony Inn is a charming, pet-friendly sanctuary with beautifully maintained tropical grounds and a sparkling pool nearing completion. Owners may enjoy the company of one pet under 35 pounds, allowing your furry companion to share in the island lifestyle. Ideally located just moments from Sanibel’s world-renowned beaches, shelling, boating, fishing, dining, and shopping, this condo offers the best of island living. Additionally, this rental-friendly complex allows nightly rentals, providing excellent income potential when you’re not enjoying the condo yourself. Your slice of paradise awaits at The Colony Inn of Sanibel—embrace the coastal lifestyle and create memories to last a lifetime.
Sold for $278,000
$278,000
409 E Gulf Dr APT 17, Sanibel, FL 33957
1beds
600sqft
Condominium
Built in 1968
-- sqft lot
$277,500 Zestimate®
$463/sqft
$1,502 Estimated rent
Home value
$277,500
$247,000 - $311,000
$1,502/mo
Zestimate® history
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List your homeWhat's special
Plush king bedSpacious bedroomSparkling poolBeautifully maintained tropical groundsAmple storageShiplap wallsImpact-resistant windows and doors
Zillow last checked:
Listing updated:
Listed by:
Cindy H Sitton 239-810-4772,
Royal Shell Real Estate, Inc.
Bought with:
Michal Showalter, 3375344
Home Team Advantage Realty
Source: Sanibel And Captiva Island AOR,MLS#: 2251280
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: DR/LR Combo, Kitchen
Heating
- Wall Unit Heat
Cooling
- Ceiling Fan(s), Wall Unit(s)
Appliances
- Included: Dishwasher, Internet Ready, Microwave, Electric Range, Refrigerator
Features
- 8 Ft Ceilings
- Flooring: Luxury Vinyl
- Doors: Impact Resistant Doors
- Windows: Impact Resistant Windows
- Has fireplace: No
Interior area
- Total structure area: 675
- Total interior livable area: 600 sqft
Property
Parking
- Parking features: Assigned, Guest, Open
Features
- Patio & porch: Screened
- Pool features: Community
- Has view: Yes
- View description: Lawn/Garden
- Waterfront features: None/Not Applicable, Near Beach, Gulf
Details
- Parcel number: 204623T3023000170
Construction
Type & style
- Home type: Condo
- Architectural style: Garden Apartment
- Property subtype: Condominium
Materials
- Stucco, CBS
Condition
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s), None/Not Applicable
HOA
- Has HOA: Yes
- Amenities included: Laundry, Barbecue, Picnic Area, Pool
- Services included: Electricity, Exter Pest Control, Insurance, Internet, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Pool Service, Recreation Facilities, Sewer, Trash, Water
- HOA fee: $2,700 quarterly
- HOA phone: 239-472-5151
Location
- Region: Sanibel
Financial & listing details
- Price per square foot: $463/sqft
- Tax assessed value: $24,575
- Annual tax amount: $350
- Date on market: 12/20/2025
- Cumulative days on market: 49 days
- Listing terms: BTF/Cash
- Lease term: Daily Rental,Daily
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Sold | $278,000-7%$463/sqft |
Source:  Sanibel And Captiva Island AOR #2251280 Report a problem | ||
| 1/28/2026 | Pending sale | $299,000$498/sqft |
Source:  Florida Gulf Coast MLS #2025025490 Report a problem | ||
| 1/28/2026 | Contingent | $299,000$498/sqft |
Source: Sanibel And Captiva Island AOR #2251280 Report a problem | ||
| 12/20/2025 | Listed for sale | $299,000+9.1%$498/sqft |
Source: Sanibel And Captiva Island AOR #2251280 Report a problem | ||
| 12/19/2023 | Sold | $274,000-8.4%$457/sqft |
Source: Public Record Report a problem | ||
| 10/20/2023 | Pending sale | $299,000$498/sqft |
Source: Sanibel And Captiva Island AOR #2230945 Report a problem | ||
| 10/20/2023 | Listed for sale | $299,000$498/sqft |
Source:  Florida Gulf Coast MLS #223074523 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 -86.8% | $26,950 -87% |
| 2022 | $3,056 +13.3% | $207,456 +10% |
| 2021 | $2,698 +0.9% | $188,596 +3.1% |
| 2020 | $2,674 +10% | $182,980 +10% |
| 2019 | $2,432 | $166,345 -0.5% |
| 2018 | $2,432 -2.6% | $167,153 +0.5% |
| 2017 | $2,496 -1.8% | $166,345 +6.6% |
| 2016 | $2,541 +6.2% | $156,036 +13% |
| 2015 | $2,392 +8.4% | $138,100 +7.2% |
| 2014 | $2,206 +6.2% | $128,800 +7.5% |
| 2013 | $2,076 -0.2% | $119,800 -5.4% |
| 2012 | $2,080 -7.2% | $126,700 -5.8% |
| 2011 | $2,242 +7.1% | $134,500 +10.2% |
| 2010 | $2,093 -23.5% | $122,000 -26.2% |
| 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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- Florida
- Lee County
- Sanibel
- 33957
- 409 E Gulf Dr Apartment 17
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