1 Bed Pool Home for Sale in Colonnades Condo
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SoldMLS# 2025014208

$239,000

1 Bed Pool Home for Sale in Colonnades Condo

429 E Gulf Drive C54, Sanibel, FL, 33957

1 beds1 baths600 sqft
Community Pool

About this home

Adorable Sanibel East End Getaway! Located on the desirable East End of Sanibel, this charming 1 bedroom, 1 bath Colony Beach condo offers the perfect island retreat. Enjoy great on-site rentals, a sparkling community pool, and easy access to the gorgeousl Gulf of Mexico beach. Spend your days shelling, fishing, strolling along the shore, or exploring miles of scenic bike paths that span the island. Conveniently close to the lighthouse, shopping, and restaurants—this is island living at its best!

Property details

Type
Condominium
Year built
1969
Interior
600 sqft
Lot size
4,795.956 sqft
Acreage
0.11 acres
Garage
None
Days on market
6
Total association fees
$10,800/yr (~$900/mo)
CDD
None
Est. taxes (1.4%)
$3,346/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Call, Conditional
County
Lee

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

AssociationManagementCableTvInsuranceInternetIrrigationWaterLaundryLegalAccountingMaintenanceGroundsMaintenanceStructurePestControlSewerTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

LaundryPool
Not yet ratedNot enough comparable sales nearby to rate this home's price yet.

We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.

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Your notes on this home

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Market trends, Sanibel

Median list
$965,000
Median $/sqft
$607
Median sold (90d)
$881,000
Avg days on market
178
Active listings
242
Median sold price · Sanibel
$881,000last 3 months16.1% vs $1,050,000 prior 3 months
Median closed price by month · Sanibel
4.1% MoM3.3% YoY
$458k$879k$1.3MJul ’25Aug ’26
$885,000Aug ’26 · 23 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $14,000 (5.9%) from the original list price.

Nov 14, 2025Sold$225,000
Oct 8, 2025Listed$239,000

The good, the trade-offs & the location

Pros
  • Private pool
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1969 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$10,800/yr)
Location convenienceHigh
Hospital
9.9 mi
HealthPark Medical Center
Beach
4.6 mi
Fort Myers Beach
Airport
13.8 mi
Page Field (Fort Myers)
Shopping
12.1 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.