3 Bed Waterfront Home for Sale in Palermo
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SoldMLS# 226020480

$1,149,000

3 Bed Waterfront Home for Sale in Palermo

4875 Pelican Colony Boulevard 1502, Bonita Springs, FL, 34134

3 beds3 baths2,910 sqft2 garage
GatedGolfPickleballTennisBocceBoatingBeach AccessFitness CenterClubhouseCommunity PoolWaterfront

About this home

Transferable golf membership available. 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. Perched on the 15th floor, this exceptional residence captures sweeping views of Estero Bay and the shimmering Gulf of Mexico, creating a breathtaking backdrop from sunrise to sunset. Thoughtfully curated with refined built-ins throughout, the home blends sophistication with effortless comfort. Highlights include a beautifully designed entertainment center in the family room and a dedicated study workspace within one of the guest bedrooms, ideal for working remotely or quiet retreat. The kitchen has been tastefully enhanced with quartz countertops and updated appliances, offering style and functionality for everyday living and entertaining alike. Designed with privacy in mind, the guest bedrooms are thoughtfully separated from the primary suite, providing a tranquil experience for family and visitors. The serene primary suite serves as a private sanctuary, featuring a renovated spa-inspired bath and a custom-designed walk-in closet complete with a center island for added elegance and organization. Expansive sliding glass doors open to a spacious lanai where stunning sunset views over the Gulf create the ideal setting for relaxing evenings and year-round indoor-outdoor living. Ownership includes exclusive membership to The Colony’s private Bay Club, offering waterfront dining and vibrant social amenities reserved solely for residents. Live your best luxury lifestyle with a private island beach, fitness, tennis, pickleball, bocce, canoe and kayak park, and more, all included for no additional fees. Two golf courses offer optional membership opportunities, so please contact the membership directors for pricing and availability. Shopping and dining are available at Coconut Point and Southwest Florida International Airport is a quick 30-minute drive.

Property details

Type
Condominium
Year built
2002
Interior
2,910 sqft
Lot size
Not specified
Acreage
Not specified
Garage
2 car
Days on market
45
Total association fees
$38,049/yr (~$3,171/mo)
CDD
None
Est. taxes (1.4%)
$16,086/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

AssociationManagementCableTvInsuranceInternetIrrigationWaterMaintenanceGroundsPestControlReserveFundRoadMaintenanceStreetLightsSecurityWater

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

Amenities

BeachRightsBocceCourtBeachAccessBoatRampBusinessCenterClubhouseFitnessCenterGolfCourseGuestSuitesLibraryBarbecuePicnicAreaPickleballParkPoolSpaHotTubTennisCourtsTrailsTrashManagement

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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$395/sqft
Comp median
$433/sqft
Difference
-9%

Based on the $/sqft of 6 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
23750 Via Trevi Way 1001May 2026$1,299,0003/33,099$419
23750 Via Trevi Way 304Dec 2025$999,0004/33,099$322
4500 Colony Villas Drive 3Jul 2026$1,350,0003/22,733$494
4741 Via Del Corso Lane 202Aug 2026$1,075,0003/32,995$359
4701 Via Del Corso Lane 301Aug 2026$1,325,0003/32,961$447
4781 Via Del Corso Lane 301May 2026$1,350,0003/32,995$451
Average6 comps$1,233,000$415

Market trends, Bonita Springs

Median list
$595,000
Median $/sqft
$355
Median sold (90d)
$522,500
Avg days on market
101
Active listings
699
Median sold price · Bonita Springs
$525,000last 3 months7.1% vs $565,000 prior 3 months
Median closed price by month · Bonita Springs
9.2% MoM1% YoY
$455k$533k$611kJul ’25Aug ’26
$495,000Aug ’26 · 88 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 $99,000 (8.6%) from the original list price.

Aug 6, 2026Sold$1,050,000
May 26, 2026Listed$1,149,000

The good, the trade-offs & the location

Pros
  • Built 2002 — post-2002 Florida wind codes (typically lower insurance)
  • Gulf access (Direct — Gulf frontage)
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • Higher association fees (~$38,049/yr)
Location convenienceHigh
Hospital
10.1 mi
HealthPark Medical Center
Beach
2.6 mi
Lovers Key State Park
Airport
11.6 mi
RSW Intl (Fort Myers)
Shopping
3.1 mi
Promenade at Bonita Bay

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.