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!
Sold for $212,000
$212,000
429 E Gulf Dr #51, Sanibel, FL 33957
1beds
600sqft
Condominium
Built in 1969
-- sqft lot
$201,600 Zestimate®
$353/sqft
$1,478 Estimated rent
Home value
$201,600
$177,000 - $230,000
$1,478/mo
Zestimate® history
Owner options
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$1,478/mo
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$4,156/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Leane T Suarez 239-872-1632,
John R. Wood Properties,
Aleczander M Suarez 239-322-0243,
John R. Wood Properties
Bought with:
Melanie Holaway, 3482910
John R. Wood Properties
Source: Sanibel And Captiva Island AOR,MLS#: 2240673
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: DR/LR Combo, Kitchen
Heating
- Central
Cooling
- See Remarks
Appliances
- Included: See Remarks
Features
- 8 Ft Ceilings
- Flooring: Tile
- Has fireplace: No
Interior area
- Total structure area: 675
- Total interior livable area: 600 sqft
Property
Parking
- Parking features: Open
Features
- Patio & porch: Screened
- Pool features: Community
- Has view: Yes
- View description: Lawn/Garden
- Waterfront features: None/Not Applicable, Near Beach
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- CBS
Condition
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Other
HOA
- Has HOA: Yes
- Amenities included: Laundry, Deeded Beach Access, Barbecue, Picnic Area, Pool, Rental Office on Site, Storage
- Services included: Cable TV, Exter Pest Control, Insurance, Internet, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Pool Service, Sewer, Trash, Water
- HOA fee: $2,700 quarterly
- HOA phone: 239-472-5151
Location
- Region: Sanibel
Financial & listing details
- Price per square foot: $353/sqft
- Annual tax amount: $350
- Date on market: 10/3/2024
- Cumulative days on market: 181 days
- Listing terms: BTF/Cash
- Lease term: Daily
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2025 | Sold | $212,000-13.5%$353/sqft |
Source:  Sanibel And Captiva Island AOR #2240673 Report a problem | ||
| 3/26/2025 | Pending sale | $245,000$408/sqft |
Source: Sanibel And Captiva Island AOR #2240673 Report a problem | ||
| 3/15/2025 | Price change | $245,000-16.9%$408/sqft |
Source: Sanibel And Captiva Island AOR #2240673 Report a problem | ||
| 10/3/2024 | Listed for sale | $295,000+73.5%$492/sqft |
Source: Sanibel And Captiva Island AOR #2240673 Report a problem | ||
| 12/1/2014 | Sold | $170,000-5%$283/sqft |
Source: Agent Provided Report a problem | ||
| 11/11/2014 | Price change | $179,000-2.7%$298/sqft |
Source: McCallion & McCallion #214050902 Report a problem | ||
| 11/8/2014 | Listed for sale | $184,000$307/sqft |
Source: McCallion & McCallion #214050902 Report a problem | ||
Public tax history
Tax history is unavailable.
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: 10 mi
- 2/10South Fort Myers High SchoolGrades: 9-12Distance: 12.6 mi
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- Florida
- Lee County
- Sanibel
- 33957
- 429 E Gulf Dr Unit 51
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