$3,750,000
5 Bed Condominium for Sale in Palermo
4875 Pelican Colony Boulevard 2004, Bonita Springs, FL, 34134
About this home
This luxurious two-story penthouse offers sweeping views of Estero Bay and the Gulf of Mexico. Polished marble tile flooring in a beautiful neutral tone creates a luxurious and timeless look. A custom-made curved staircase with wrought iron balusters adds a dramatic touch to the entryway. Soaring windows in the living room with a gas fireplace set the tone for entertaining. Subzero-built-in wine locker with temperature and humidity control to store and age your favorite wines. Top-of-the-line appliances, 6 burner gas range, and center island with additional dishwasher. Custom cabinets in the den, family room, library, upgraded lighting, laundry on both floors, and private enclosed 2-car garage with storage. Your most discerning buyers will fall in love. Palermo has 2 guest suites, a theater, billiards, a pool/spa, a BBQ pavilion, a fitness center, front desk staff, and an on-site building manager. Residents of The Colony enjoy private membership to a waterfront dining facility, The Bay Club, with exceptional views with sunset dining/entertainment. Experience a full array of amenities such as kayaking, canoeing, sailing, bocce, tennis, pickleball, and the private beach park accessed by water taxi. 15 minutes to the airport.
Property details
- Type
- Condominium
- Year built
- 2002
- Interior
- 5,761 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 2 car
- Days on market
- 0
- Total association fees
- $68,887/yr (~$5,741/mo)
- CDD
- None
- Est. taxes (1.4%)
- $52,500/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
- Yes
- 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.
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.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.
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.
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 (~$68,887/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.
Similar homes nearby
$3,700,000
MLS# 2250829304810 Pelican Colony Boulevard 801, Bonita Springs, FL, 34134
$4,000,000
MLS# 2250825974810 Pelican Colony Boulevard 705, Bonita Springs, FL, 34134
$3,600,000
MLS# 2250825954810 Pelican Colony Boulevard 2104, Bonita Springs, FL, 34134
$3,495,000
MLS# 22601075213935 Old Coast Road 406, Naples, FL, 34110
$4,195,000
MLS# 22601559313925 Old Coast Road 905, Naples, FL, 34110
$3,900,000
MLS# 22600494713541 E Terry Street, Bonita Springs, FL, 34135
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.