$212,000
SOLD MAY 27, 2025

429 E Gulf Dr Unit 47 Sanibel, FL 33957

1 Bed
1 Bath
600 Sq Ft
$900/ mo HOA Fee

Recently Sold

$353 Per Sq Ft

46% Below List Price

459 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Furnished
  • Sanibel Elementary School Rated A-
  • Waterfront
  • Community Pool

About This Home

As of May 2025

This is the perfect tropical retreat and unique find within steps to the ocean! This charming unit is fully furnished, sleeps 4-6, has relaxing tropical views, you can walk to shops, restaurants & the Sanibel Lighthouse. Enjoy as an owner and/or maximize your income by listing as a vacation rental. The development consists of 36 total units with on-site management. All assessments paid.

Last Agent to Sell the Property

Doris Fernandez Bencomo

Got Florida Realty License #0641016 Listed on: 01/29/2024

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,154

Year Built

  • Built in 1969

Lot Details

  • Waterfront
  • South Facing Home

HOA Fees

  • $900 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 600 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Sliding Windows
  • Combination Dining and Living Room
  • Tile Flooring
  • Ocean Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Property has ocean access
  • Screened Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 20-46-23-T3-00700

Community Details

Overview

  • 36 Units
  • Colonade Condos
  • Colonade Condominium,Colonade Subdivision

Recreation

  • Community Pool

Pet Policy

  • Dogs Allowed

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,154

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$900 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Ownership: Self Proprietor/Individual
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: Colonade Condominium,Colonade
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Second Floor Entry, No Additional Rooms
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Furnished, Unfurnished
  • Living Area: 600
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Hurricane Shutters, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: No Additional Rooms
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Ocean View
  • Exterior Features: None, Screened Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Colonade
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Guard At Site

Condo/Co-op/Association

  • Association Fee: 900
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 20-46-23-T3-00700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3154

Multi Family

  • Number Of Units In Community: 36
  • Number Of Units Total: 16
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2025 05/27/25 Sold $212,000 -25.8% $353 / Sq Ft
01/14/2025 01/14/25 Price Changed $285,900 -4.0% $477 / Sq Ft
09/02/2024 09/02/24 Price Changed $297,900 -14.9% $497 / Sq Ft
06/20/2024 06/20/24 Price Changed $349,900 -10.1% $583 / Sq Ft
02/22/2024 02/22/24 For Sale $389,000 +95.5% $648 / Sq Ft
06/03/2013 06/03/13 Sold $199,000 0.0% $332 / Sq Ft View Prior Sale
05/13/2013 05/13/13 For Sale $199,000 -- $332 / Sq Ft
Source: MIAMI REALTORS® MLS

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Doris Fernandez Bencomo

    Got Florida Realty

    (305) 595-2929

    1 in this area

    5 Total Sales

    Doris Fernandez Bencomo
    Section Image

  • N

    Buyer's Agent in 2025

    NON-MLS MEMBER

    MAR NON MLS MEMBER

  • T

    Seller's Agent in 2013

    Tina Mayr

    Mayr & Company Realty LLC

    (239) 273-1527

    Tina Mayr
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11537944

MIAMI REALTORS® MLS
Florida Lee County Sanibel 33957

429 E Gulf Dr Unit 47, Sanibel, FL

Sold

Condos

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