$1,400,000
3 Bed 3.5 Bath Condominium for Sale in PALERMO, FL
4875 Pelican Colony Boulevard 1801, Bonita Springs, FL, 34134
About this home
Immediate Golf Membership Available for purchase at The Colony Golf Club with this unit. Located in Palermo, one of The Colony’s luxury towers with unique proximity to Estero Bay. Step off the elevator into your own spacious private lobby and prepare to be astounded as you step through double entry doors into this fully furnished 3200+ SF Sky Home. Views go forever from this 18th floor corner unit that expands to over 4,000 SF when including the enormous open and screened lanais. Panoramic views in almost all directions including south to Naples and West to Estero Bay and Gulf and Ft Myers Beach. The lanais offer multiple seating options and one is complete with electric hurricane shutters. The unit has been freshly painted in light tones and with walls of tall sliders and picture windows the lines are blurred between inside and out. The home includes marble and wood floors in all rooms, large living/dining area, combined kitchen family room and breakfast room and expansive front to back master suite with spa type bath with its own slider to lanai. Two ensuite guest rooms complete the package. Unit includes two parking spaces in garage and Air-Conditioned secure storage room. Amenities at Palermo include two story entrance lobby, Fitness room, resort style pool and Hot Tub, private theater and private guest suites. Amenities at The Colony include the newly renovated Bay Club with formal and informal waterfront dining on two levels, 34 Acre Island Beach Park accessible from private boat shuttle and a kayak & canoe park
Property details
- Type
- Condominium
- Year built
- 2002
- Interior
- 3,240 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 2 car
- Days on market
- 487
- Total association fees
- $34,740/yr (~$2,895/mo)
- CDD
- None
- Est. taxes (1.4%)
- $19,600/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- 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 3 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 604 | May 2026 | $1,279,000 | 3/4 | 3,295 | $388 |
| 23750 Via Trevi Way 1001 | May 2026 | $1,299,000 | 3/3 | 3,099 | $419 |
| 23841 Addison Place Court | Feb 2026 | $1,600,000 | 3/3 | 3,079 | $520 |
| Average | 3 comps | $1,392,667 | $442 |
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 $505,000 (29.3%) from the original list price.
| Sep 26, 2025 | Sold | $1,220,000 |
| Jul 22, 2025 | Price reducedfrom $1,450,000 | $1,400,000 |
| Apr 8, 2024 | Listed | $1,725,000 |
The good, the trade-offs & the location
- Built 2002 — post-2002 Florida wind codes (typically lower insurance)
- Storm protection: Impact Windows/Doors
- 2-car garage
- In a higher-risk flood zone (AE) — flood insurance likely required
- Higher association fees (~$34,740/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.