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$262,000
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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.
Full Property Details
Full Property Details for 409 E Gulf Dr #18
General
- Sold For: $262,000
- HOA FEE: $900/month
- HOA FEE FREQ.: Quarterly
- Taxes: (2024)
- Status: Closed
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2025016882
- Added to Site: 77 day(s) ago
Rental Information
- Lease/Rent Term: 1
- Min. Lease (Days): 1
Interior
- Interior Features: Family Room, Wired for Data
- Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
- Furnishings: Turnkey
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Dining Room: Dining - Living
- Laundry: Common Area
Additional Information
- Shared Amenities: Barbecue (Picnic), Beach Access, Pool, Non-Gated
- Security/Safety: Smoke Detector(s), Smoke Detectors
Exterior
- Exterior Features: Storage
- Porch/Patio/Deck: Screened Lanai/Porch
Parking
- Parking Features: 1 Assigned, Guest
Location
- Area: SI01 - Sanibel Island
- County: Lee
- Subdivision: COLONNADES CONDO
- Building Name: COLONNADES CONDO
- Driving Directions: USE GPS
- Direction Faces: North
Community
- Association: Yes
- Assoc. Fees Include: Insurance, Irrigation Water, Laundry Facilities, Maintenance Grounds, Legal/Accounting, Manager, Pest Control Exterior, Rec Facilities, Repairs, Sewer, Trash, Water
- Units Assoc/Comm: 36
- Pets Allowed: Yes
- Number of Pets: 1
- Management Type: On-Site
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Wall Unit(s)
- Heating Type: Wall Unit
- Ceiling Fan(s): 2
Utilities
- Sewer: Central
- Water: Central
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Architectural Style: Garden Apt
- Description/Design: Low Rise (1-3)
- Structure Type: Efficiency
- Exterior Const.: Concrete Block, Stucco
- Roof: Built-Up or Flat
- Windows: Impact Resistant, Sliding, Impact Resistant Windows, Window Coverings
- Doors: Impact Resistant Doors
- Entry Floor Number: 1
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 600
- Sq. Ft. Source: Condo Documents
- Living Area: 600 Sq. Ft.
- Year Built: 1968
Lot Features
- Property View: Landscaped Area
- Lot Size (Acres): 0.1453
- Lot Size (Sq. Ft.): 6,329
- Lot Size Source: Property Appraiser Office
- Street/Road Desc.: Paved
- Irrigation System: Central
- Lot Features: Zero Lot Line
- Lot Description: Zero Lot Line
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Condo Fee: $2,700
- Condo Fee Freq: Quarterly
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Ownership: Condo
- Legal Description: THE COLONNADES CONDOMINIUM OR 464 PG 376 APT 18
- Property ID: 20-46-23-T3-02300.0180
- Section: 20
- Block: 2300
- Lot Number: 18
Listed by Pfeifer Realty Group LLC
Sold by Keller Williams Realty Fort Myers and the Islands
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Schools
Schools serving 409 E Gulf Dr #18
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
The Sanibel School 3840 Sanibel Captiva Road, Sanibel, FL 33957 | 6-8 | 5.7 mi |
Cypress Lake Middle School 8901 Cypress Lake Drive, Fort Myers, FL 33919 | 6-8 | 10.1 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 9.9 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 12.5 mi |
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901 | 9-12 | 15.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 409 E Gulf Dr #18
Date
Details
Price
Change
Source
12/03/2025
Sold
$262,000
5.22%
MLS
10/31/2025
Listed
$249,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
409 E Gulf Dr #18, Sanibel, FL 33957 (MLS# 2025016882) is a Single Family property that was sold at $262,000 on December 03, 2025. Want to learn more about 409 E Gulf Dr #18? Do you have questions about finding other Single Family real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.

