$295,000
For Sale

429 E Gulf Drive #51

Sanibel, FL 33957
600 sqft | 1 bed | 1 bath | #224080678
Browse 15 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

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!

  • Interior Details
      • InteriorFamilyDiningRoom, LivingDiningRoom, Other, TubShower
    • Beds & Baths
      • Bedrooms1
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Exterior MaterialsSecurityHighImpactDoors, Other
      • ViewLandscaped
      • Lot DescriptionCornerLot
      • Stories2
    • Measurements
      • Square Feet600
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1969
  • Utilities / Energy Details
      • Utility FeaturesCableAvailable
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionCOLONNADES CONDO
    • Location
      • CountyLee
  • Financial Details
      • Original List Price$295,000
      • Taxes Annual$350
  • Restrictions
      • PetsCall, Conditional
  • Other
      • MLS #224080678

Location

Darren GreeneReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00