409 East Gulf Drive, Unit 1

Sanibel, FL 33957

$299,000
Price
1
Beds
1
Bath
540 Sq. Ft.
$554 / Sq. Ft.
540
Sq. Ft.
$554
per Sq. Ft.

Description

Beautiful Sanibel Island East End location provides amazing opportunity for you to create your tropical retreat and/or rental opportunity. This lovely corner unit has additional windows filling the condo with sunlight. The Colony Inn allows daily rentals and on-site management making it ideal for an investment. Construction continues and allows for you to create the oasis you envision. Community Pool and easy beach access complete the perfect vacation for you, family, friends and guests. Easy off-on...Beautiful Sanibel Island East End location provides amazing opportunity for you to create your tropical retreat and/or rental opportunity. This lovely corner unit has additional windows filling the condo with sunlight. The Colony Inn allows daily rentals and on-site management making it ideal for an investment. Construction continues and allows for you to create the oasis you envision. Community Pool and easy beach access complete the perfect vacation for you, family, friends and guests. Easy off-on island location and proximity to shopping, dining, and more compliments the setting. Take advantage of this fabulous SW Florida beach retreat opportunity!
  1. Listed by Susan McCallion • McCallion and McCallion

Property Details for 409 East Gulf Drive, Unit 1

Development
COLONNADES CONDO
Building Design
Low Rise (1-3)
Community Type
Condo/Hotel
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
Landscaped Area
Garage Spaces
.00
LISTING UPDATED: 10/01/2024 07:30 PM

Property Details for 409 East Gulf Drive, Unit 1

StatusActive
MLS #224060450
Days on Market78
Taxes$388 / year
HOA Fees$2,700 / quarter
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1968
CountyLee County

Building Information for 409 East Gulf Drive, Unit 1

Building/Complex409 E Gulf DrFloor-Stories2Residences12Pet PolicyAllowedYear Built1968

Property Information for 409 East Gulf Drive, Unit 1

Summary
Location and General Information
  • City: SANIBEL
  • Human Modified: Yes
  • Latitude: 26.45
  • Longitude: -82.02
  • MLS Area Major: SI01 - Sanibel Island
  • Pets: Limits, With Approval
  • Pets Limit Max Weight: 70
  • Postal Code: 33957
  • Street Direction Prefix: E
  • Street Name: Gulf
  • Street Number: 409
  • Street Suffix: DR
  • Block: 2300
  • Unit Number: 1
  • Full Address: 409 E Gulf DR 1
Parking
  • Carport Spaces: .00
  • Carport: No
  • Covered Spaces: .00
  • Garage: No
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Association Fee Total: $25,600.00
  • Association Fee Total Frequency: Annually
  • Association Fee 2: $2,700.00
  • Association Fee 2 Frequency: Quarterly
  • Maintenance: Association Management, Cable Tv, Insurance, Internet, Legal Accounting, Pest Control, Recreation Facilities, Sewer, Trash, Water
  • Association Mngmt Phone: 239-472-5151
  • Mandatory HOA: Yes
  • Tax Annual Amount: $388.06
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Source of Measure Total Area: Condo Documents
  • Development Name: COLONNADES CONDO
  • Parcel Number: 20-46-23-T3-02300.0010
  • Property Type: Residential
  • Section: 20
  • Lot Unit: 1
  • Source of Measure Living Area: Condo Documents
  • Lot Desc: Rectangular Lot
  • Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Units: Acres
  • Legal Desc: THE COLONNADES CONDOMINIUM OR 464 PG 376 APT 1
Property and Assessments
  • Total Area: 600.0
  • Rear Exposure: SE
  • Approx Living Area: 540.0
  • Possession: Close Of Escrow
  • Property Condition: Under Construction
  • Property Sub Type: Condominium
  • Township: 46
  • Senior Community: false
  • Range: 23E
  • Special Assessment: 3700.00
  • Sub Condo Name: COLONNADES CONDO
  • Year Built Numeric: 1968
  • Property Sub Type Additional: Condominium
Lease Information
  • Land Lease Fee: $.00
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Central
  • Utilities: Cable Available
  • Water Source: Public
  • Water: Central
Multi Family
Multi-Family Information
  • Common Interest: Condominium
  • Num Unit Floor: 2
  • Annual Food And Beverage Minimum: 0.00
  • Units in Complex: 36
  • Other Fee: $.00
  • Stories: 2.0
  • Total Floors: 2
  • Total One Time Fees: $.00
  • Units in Building: 12
  • Unit Location: 2
Interior and Exterior Features
Exterior Features
  • Architectural Style: Two Story, Low Rise
  • Association Amenities: Pool
  • Canal Width: None
  • Community Features: Condo Hotel Community, Near Hotel Motel
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: None, Other
  • Exterior Features: None
  • Irrigation Source: Municipal
  • Patio And Porch Features: Open, Porch
  • Pool Features: Community
  • Private Pool: No
  • Roof: Shingle
  • Structure Type: Low Rise
  • Gulf Access: No
  • Spa: No
Interior Features
  • Baths Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 1.0
  • Beds Total: 1
  • Bedrooms: 1 Bed
  • Cooling: Wall Units
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Tile
  • Furnished Desc: Unfurnished
  • Heating: Wall Furnace
  • Heating: Yes
  • Interior Features: Living Dining Room, Other, See Remarks
  • Interior Features: Other
  • Levels: Two
  • Window Features: Impact Glass, Sliding
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 409 East Gulf Drive, Unit 1

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 409 East Gulf Drive, Unit 1

Taxable ValueLand-Additions$26,950Total-
Tax Record2023$404 ($34 / month)
Home Facts
Beds1Total Finished SqFt511 SqFtAbove Grade Finished SqFt511 SqFtStories2Lot Size6,315 SqFtStyleCondominiumYear Built1968CountyLEEAPN20-46-23-T3-02300.0010

Schools near 409 East Gulf Drive, Unit 1

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
The Sanibel School
PublicPK to 8

Cypress Lake Middle School
Public6 to 8

South Fort Myers High School
Public9 to 12

Fort Myers High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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409 East Gulf Drive, Unit 1 is a condo for sale in Sanibel, FL 33957. This property was listed for sale on July 25, 2024 by McCallion and McCallion, it's currently listed at $299,000. It has been on the market for a total of 78 days and was last sold on December 9, 2014. This listing's school district is Lee. Nearby schools include The Sanibel School, Cypress Lake Middle School and South Fort Myers High School. 409 East Gulf Drive, Unit 1 is a 1-bed, 1-bath, 540 sqft condo built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of McCallion and McCallion, Susan McCallion

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