409 E Gulf DR #18 Pending

Sanibel,FL 33957

$ 249000

1 Bed

1 Bath

600 SqFt


Key Details

Property Type Condo

Sub Type Low Rise (1-3)

Listing Status Pending

Purchase Type For Sale

Square Footage 600 sqft

Price per Sqft $415

Subdivision Colonnades Condo

MLS Listing ID 2025016882

Style Garden Apt

Bedrooms 1

Full Baths 1

Condo Fees $2,700/qua

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

Area Si01 - Sanibel Island

Rooms

Dining Room Dining - Living

Interior

Heating Wall Unit

Cooling Ceiling Fan(s),Wall Unit(s)

Flooring Tile

Laundry Common Area

Exterior

Exterior Feature Storage

Community Features BBQ - Picnic,Beach Access,Pool,Non-Gated

Utilities Available Cable Available

Waterfront Description None

View Y/N Yes

View Landscaped Area

Roof Type Built-Up or Flat

Building

Lot Description Zero Lot Line

Sewer Central

Water Central

Structure Type Concrete Block,Stucco

New Construction No

Others

Acceptable Financing Buyer Finance/Cash

Listing Terms Buyer Finance/Cash

Pets Allowed Number Limit

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