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429 Gulf Drive Sanibel FL 33957 Sold 04/09/2025

Sold for $212,000
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~SOLD~
429 Gulf Drive, Sanibel, FL 33957 Sold 04/09/25 429 Gulf Drive, Sanibel, FL 33957 Sold 04/09/25 429 Gulf Drive, Sanibel, FL 33957 Sold 04/09/25 429 Gulf Drive, Sanibel, FL 33957 Sold 04/09/25

Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
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Overview of 429 E Gulf Dr 51

1 Bedrooms
1 Bathrooms
0 Car Garage
675 Square Feet
600SF Living Area
Pool:
No
Water: None
Year Built 1969

Don't miss this condo for sale in Sanibel Estates! 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!

This lovely condo was built in 1969 and features 1 bedrooms, and 1 full bathrooms. This condo for sale is 675 square feet, with 600 sq ft being air conditioned living space. The condo does not have a private swimming pool, although there is a community pool in the complex for use by residents.

Please contact your ZFC agent for more information about MLS# 224080678 or any other condos for sale in Sanibel or elsewhere in the Lee County area.

Features & Amenities

Architecture

See Remarks, Low Rise

Cooling

Central Air, Ceiling Fans, Electric

Heating

Wall Furnace

Flooring

Tile

Lot Size

Acres

View

Landscaped view

Construction Materials

Block, Concrete, Stucco

Interior Features

Family Dining Room, Living Dining Room, Other, Tub Shower

Furnished

Unfurnished

Exterior Features

Security High Impact Doors, Other

Lot Features

Corner Lot

Property Condition

Resale

Patio And Porch Features

Lanai, Porch, Screened

Pool Features

Community

Roof

Shingle

Window Features

Sliding, Impact Glass

Utilities

Cable Available

Waterfront Features

None

Irrigation Source

Municipal

Laundry

Common Area

Year Built

1969

Pets Allowed

Call, Conditional

Annual Real Estate Taxes

$350 (2024)

Legal Description

Colonnade Condominium No 2 Or 553 Pg 740 Unit 11

Property Type

Condominium

Association Fee Includes

Association Management, Cable Tv, Insurance, Irrigation Water, Laundry, Legal Accounting, Maintenance Grounds, Pest Control, Trash, Water

Association Amenities

Beach Rights, Beach Access, Bike Storage, Laundry, Barbecue, Picnic Area, Pool

Buyer Financing

Cash

Community Features

Condo Hotel Community, Near Hotel Motel

Direction Faces

Northeast

MLS Number

224080678

Universal Property Id

U S-12071-N-204623 T3024000110-R-N

Days On Market

330

Community Name

Colonnades Condo

Property Manager

2394725151

429 E Gulf Dr 51 Price Calculator

Get Mortgage Quote For This Condo

The payment calculator figures for 429 E Gulf Dr 51 should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this condo for sale are estimated based on the actual property taxes for this property for the tax year 2024 which are $350 but will likely change when this condo sells. These estimations are calculated from a list price of $245,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the condo characteristics and location.

Recent Condo Sales near 429 E Gulf Dr 51

Address Sale Price Bed Bth Size Location Sale Date
409 E Gulf DR 1 $Log in to view 1 1/0 600SF Colonnades Condo 05/12/2025
2255 W Gulf DR 139 $Log in to view 1 1/0 827SF Cottage Colony West Condo 04/01/2025
2230 Camino Del Mar DR 2B2 $Log in to view 1 1/0 800SF Oceans Reach 04/15/2025
1501 Middle Gulf DR C207 $Log in to view 1 1/0 740SF Sundial Of Sanibel 04/16/2025
845 E Gulf DR 1411 $Log in to view 1 1/0 727SF Sanibel Moorings 09/10/2024
2230 Camino Del Mar DR 3X3 $Log in to view 1 1/0 705SF Oceans Reach 05/29/2025
671 E Gulf DR 5B2 $Log in to view 1 1/0 705SF Sandalfoot 03/27/2025
1501 Middle Gulf DR 406C $Log in to view 1 1/0 642SF Sundial Of Sanibel 04/30/2025
805 E Gulf DR D-2 $Log in to view 1 1/0 638SF Sanibel Arms 10/09/2024
1501 Middle Gulf DR I207 $Log in to view 1 1/0 603SF Sundial Of Sanibel 05/22/2025
429 E Gulf Dr C47Unpublished $Log in to view 1 1/ 600SF Colonade Condominium 05/27/2025
1250 TENNISPLACE CT #A22 $Log in to view 2 1/1 688SF Tennisplace 01/20/2025

MLS# 224080678 Listing History

10/02/2024 Listed for sale by John R. Wood Properties with MLS# 224080678 with a list price of $295,000.
04/09/2025 Sold For $212,000 by Melanie Holaway with John R. Wood Properties.

Lee County Schools

Elementary School

Middle School

This listing of 429 E Gulf Dr 51 Sanibel FL 33957 was last updated on 2025-04-09 15:08:02. Listing courtesy of John R. Wood Properties.
MLS

Map of 429 E Gulf Dr 51 Sanibel FL 33957

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Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
Call Me
Text Me
Email Me
When clicking Submit Request, you are registering to this website and agreeing that ZFC Real Estate, its affiliates or associated third parties may contact you, including with calls or texts by automated means. You also agree to our Terms of Use and Privacy Policy

The data relating to homes for sale or lease or other real estate for sale or for rent on the ZFC website comes in part from a cooperative data exchange program of the MLS in which this Broker participates. The real estate displayed may not be all of the homes in the database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the details page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. ZFC, the Florida Association of Realtors and its cooperating Multiple Listing Services do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law including the fair housing act prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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