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409 E Gulf Dr, Unit 8
Sanibel, FL 33957

$489,000 - Status: Active
Bed Icon Beds: 1
Bath Icon Baths: 1 full
Sq Feet Icon SQFT: 600
MLS Icon MLS# 222054884

Charming, first floor, east end condo located at the Colony Inn with deeded beach access along East Gulf Dr. Remodeled in light, coastal decor with newer appliances and luxury, vinyl, plank flooring throughout. Bath remodeled featuring new walk-in shower. The Colony Inn features an on-site rental office, pool, community laundry, grills, internet, cable tv and many repeat renters. Very close to restaurants, shopping, water activities and boating. Perfect for an investor or someone looking for a place to spend the winter and rent out when not on island. The first floor location is sought after by all. These units rarely come up for sale! Reservations for the 3rd and 4th quarter of 2022 and the 1st quarter of 2023 are already strong. The unit has $30,000 in bookings for the 4th quarter, 2022 and, thus far, for 2023. Occupancy rate for 2021 was 78.3%. Dont miss the opportunity to own this lovely getaway!

Property Features

MLS#: 222054884
Zip: 33957
Subdivision: Colonnades Condo
Development: Colonnades Condo
Property Type: Residential - Condominium
Cooling: Wall Unit
Days on Site: 67
Heating: Wall Unit
Rear Exposure: SE
Roof Type: Shingle
Approx. Living Area: 600 sqft
Approx. Total Area: 675 sqft
Stories: 1.0
Taxes: $2,697
Year Built: 1968

Feature Descriptions

Additional Rooms: Screened Lanai/Porch
Amenities: BBQ - Picnic, Beach Access, Common Laundry, Community Pool, See Remarks
Building Design: Low Rise (1-3)
Community Type: Non-Gated
Condo fee: $2700.00/Quarterly
Dining: Dining - Living
Equipment: Dishwasher, Microwave, Range, Refrigerator, Smoke Detector
Exterior: Stucco
Exterior Features: Patio
Furnished: Furnished
Interior: Smoke Detectors
Irrigation: Central
Maintenance: Cable, Insurance, Internet/WiFi Access, Irrigation Water, Laundry Facilities, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Rec Facilities, See Remarks, Sewer
Management: On-Site
Master Bath: Remarks, Shower Only
Minimum Lease Days: 1
Parcel #: 20-46-23-T3-02300.0080
Pet Limits: ck w/onsite mgmt
Pets: Limits
Restrictions: Deeded
Sewer: Central
Total Recurring Fees: 10800
Units in Building: 20
Units in Complex: 36
View: Landscaped Area
Water: Central
Windows: Sliding

409 E Gulf Dr, Unit 8 | MLS# 222054884

This condo located at 409 E Gulf Dr, Unit 8, Sanibel, FL 33957 is currently listed for sale with an asking price of $489,000. This property was built in 1968 and has 1 bedrooms and 1 full baths with 600 sq. ft. E Gulf Dr, Unit 8 is located in the COLONNADES CONDO subdivision. Search COLONNADES CONDO real estate on today.

Listed By / Shown By

Listed By

Agency Name: VIP Realty Group,Inc
Agency Phone: 239-472-5187

Shown By

Agency Title: John R. Wood Properties
Agency Phone:

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