$ 262,000 $ 249,000 5.2%

409 E Gulf DR #18

Sanibel, FL 33957

  • 1 Bed
  • 1 Bath
    Full Baths: 1
  • 600 SqFt
  • 6,329 Lot Size
  • 1968 Year Built
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.
Listed by Pfeifer Realty Group LLC , Sold By Keller Williams Realty Fort Myers and the Islands

PROPERTY DETAIL

  • Key Details

    Sold Price $262,0005.2%

    Property Type Condo

    Sub Type Condominium

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 600 sqft

    Price per Sqft $436

    Subdivision Colonnades Condo

    MLS Listing ID 2025016882

    Sold Date 12/03/25

    Style Garden Home, Low Rise

    Bedrooms 1

    Full Baths 1

    Construction Status Resale

    HOA Fees $900/qua

    HOA Y/N Yes

    Annual Recurring Fee 10800.0

    Year Built 1968

    Annual Tax Amount $365

    Tax Year 2024

    Lot Size 6,329 Sqft

    Acres 0.1453

    Lot Dimensions Appraiser

    Property Sub-Type Condominium

  • Location

    State FL

    County Lee

    Community Colonnades Condo

    Area Si01 - Sanibel Island

    Direction North

  • Rooms

    Bedroom Description 1.0

  • Building

    Lot Description Zero Lot Line

    Building Description Block,Concrete,Stucco, On Site Management

    Faces North

    Story 2

    Sewer Public Sewer

    Water Public

    Architectural Style Garden Home, Low Rise

    Unit Floor 1

    Structure Type Block,Concrete,Stucco

    Construction Status Resale

  • Interior

    Interior Features Bedroom on Main Level, Living/ Dining Room, Shower Only, Separate Shower, Cable T V, Window Treatments

    Heating Wall Furnace

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

    Flooring Tile

    Furnishings Furnished

    Fireplace No

    Window Features Sliding,Impact Glass,Window Coverings

    Appliance Dishwasher, Disposal, Microwave, Range, Refrigerator

    Laundry Common Area

  • Exterior

    Exterior Feature Security/ High Impact Doors, Storage

    Parking Features Assigned, Guest, One Space

    Pool Community

    Community Features Non- Gated

    Utilities Available Cable Available, High Speed Internet Available

    Amenities Available Beach Rights, Beach Access, Laundry, Barbecue, Picnic Area, Pool

    Waterfront Description None

    Water Access Desc Public

    View Landscaped

    Roof Type Built- Up, Flat

    Porch Lanai, Porch, Screened

    Garage No

    Private Pool No

  • Others

    Pets Allowed Call, Conditional

    HOA Fee Include Association Management,Insurance,Irrigation Water,Laundry,Legal/Accounting,Maintenance Grounds,Pest Control,Recreation Facilities,Sewer,Trash,Water

    Senior Community No

    Tax ID 20-46-23-T3-02300.0180

    Ownership Condo

    Security Features None,Smoke Detector(s)

    Acceptable Financing All Financing Considered, Cash

    Disclosures RV Restriction(s)

    Listing Terms All Financing Considered, Cash

    Financing Conventional

    Pets Allowed Call, Conditional

SIMILAR HOMES FOR SALE

Check for similar Condos at price around $262,000 in Sanibel,FL

CONTACT

Kelly Huguenin
Kelly Huguenin

GET IN TOUCH

Your Full Name
Your Phone Number*
Write Your Message