$1,349,000
3 Bed 4 Bath Waterfront Condominium for Sale in PALERMO, FL
4875 Pelican Colony Boulevard 604, Bonita Springs, FL, 34134
About this home
Refined high-rise living awaits in the heart of The Colony, where extensive recent building and residence upgrades elevate style and substance. The impeccably maintained building has undergone significant enhancements, including a new roof (2024), full exterior repaint (2025), refurbished elevators, redesigned pool pavilion with new furnishings, refreshed garage elevator lobbies, upgraded landscaping and ongoing first-floor amenity improvements. The residence is thoughtfully curated, featuring custom-built-ins throughout, including a bespoke family room entertainment center, elegant living room bookcases and a dedicated bedroom study workspace. The kitchen is enhanced by quartz countertops, dual pantry pullouts, updated appliances and seamless flow into the dining area, highlighted by a striking glass-enclosed feature wall. Designer wall coverings, interior shutters throughout, and an integrated multi-room audio system add layers of sophistication and comfort. Additional updates include a newly glass-enclosed shower, a repainted lanai, tiled French bedroom flooring, refreshed interiors with new furnishings and updated mechanical systems, including HVAC heat exchangers, a water heater, and a washer and dryer. All ductwork has been professionally cleaned, ensuring peace of mind and optimal performance. Ownership includes exclusive membership to The Colony’s private Bay Club, offering waterfront dining and vibrant social amenities reserved solely for residents. Completing this exceptional offering is a rare private two-stall garage with additional storage, one of only 12 in the building, making this a distinctive opportunity for luxury living in The Colony.
Property details
- Type
- Condominium
- Year built
- 2002
- Interior
- 3,295 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 2 car
- Days on market
- 7
- Total association fees
- $42,281/yr (~$3,523/mo)
- CDD
- None
- Est. taxes (1.4%)
- $18,886/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- Northwest
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — Gulf frontage
- 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 1801 | Sep 2025 | $1,220,000 | 3/3 | 3,240 | $377 |
| 23750 Via Trevi Way 1001 | May 2026 | $1,299,000 | 3/3 | 3,099 | $419 |
| 24991 Goldcrest Drive | Apr 2026 | $1,340,000 | 4/3 | 3,255 | $412 |
| Average | 3 comps | $1,286,333 | $403 |
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 $70,000 (5.2%) from the original list price.
| May 11, 2026 | Sold | $1,279,000 |
| Jan 2, 2026 | Listed | $1,349,000 |
The good, the trade-offs & the location
- Built 2002 — post-2002 Florida wind codes (typically lower insurance)
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- 2-car garage
- In a higher-risk flood zone (AE) — flood insurance likely required
- Higher association fees (~$42,281/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.