$1,075,000
3 Bed Condominium for Sale in Palermo
4875 Pelican Colony Boulevard 1003, Bonita Springs, FL, 34134
About this home
Spectacular panoramic views of the Gulf and Bay await you from this 10th floor professionally designed residence in the highly desirable Palermo at Pelican Colony. The balcony is very spacious and includes electric hurricane shutters. There are beautiful travertine and Brazilian cherry hardwood floors in the main living areas. This unit also includes a rarely available oversized PRIVATE TWO-CAR GARAGE conveniently located directly outside of the garage lobby. Private elevator entry from the unit. Large laundry room with storage cabinets. Great floor plan with 3 bedrooms and 3 full baths. This property is offered as turnkey furnished and is move-in ready! Palermo features a resort-style pool with spa, fitness center, recently renovated social pavilion with full kitchen, two guest suites and a theater. The building is immaculately maintained and recent improvements include a new roof, new exterior paint and remodeled elevator lobbies. Your private membership at Pelican Colony includes access to the Bay Club where you can enjoy both casual and formal waterfront dining on two levels as well as many social events. Another featured amenity is boat shuttle access across the bay to the pristine 34-acre beach park. The community also offers many other activities including a Kayak and canoe park, pickleball, tennis, bocce, a fitness center and so much more. The Colony Golf Club also has optional golf and sports memberships available. Palermo is in a great location just 1.5 miles from Coconut Point Mall and close to many excellent dining, shopping and entertainment options.
Property details
- Type
- Condominium
- Year built
- 2002
- Interior
- 2,910 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 2 car
- Days on market
- 183
- Total association fees
- $38,049/yr (~$3,171/mo)
- CDD
- None
- Est. taxes (1.4%)
- $15,050/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- Southwest
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 4875 Pelican Colony Boulevard 1502 | Aug 2026 | $1,050,000 | 3/3 | 2,910 | $361 |
| 23750 Via Trevi Way 1001 | May 2026 | $1,299,000 | 3/3 | 3,099 | $419 |
| 23750 Via Trevi Way 304 | Dec 2025 | $999,000 | 4/3 | 3,099 | $322 |
| 4741 Via Del Corso Lane 202 | Aug 2026 | $1,075,000 | 3/3 | 2,995 | $359 |
| 4701 Via Del Corso Lane 301 | Aug 2026 | $1,325,000 | 3/3 | 2,961 | $447 |
| Average | 5 comps | $1,149,600 | $382 |
Market trends, Bonita Springs
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 $174,000 (13.9%) from the original list price.
| Jun 12, 2026 | Price reducedfrom $1,105,000 | $1,075,000 |
| Jan 15, 2026 | Listed | $1,249,000 |
The good, the trade-offs & the location
- Built 2002 — post-2002 Florida wind codes (typically lower insurance)
- 2-car garage
- In a higher-risk flood zone (AE) — flood insurance likely required
- Higher association fees (~$38,049/yr)
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.