Complex amenities features include large heated pool, roof-top sundeck, picnic & BBQ areas, laundry, on-site rental office, & nearby beach accesses to the gulf. Built in 1968, this complex has 36 units. #47 on the 2nd floor of the building closest to the beach boardwalk, has the added benefit of being tucked in the corner where the building juts out giving it’s screened balcony extra privacy. Just under 600 sq. ft., it has a well-equipped recently-updated white kitchen, full bath, large bedroom with 2 full-sized beds (which helps with the rentals) , dining/living room combo, plus balcony off the living room which overlooks palms & tropical greenery. On a breezy day, you can hear the gulf! The daily rental rates (for double occupancy) range from $125/nite in the off-season to $195/nite in high season. Best recent income year, grossed $16K. Own a piece of Sanibel with renters helping to pay the way!
$189,000 furnished.
Sanibel’s most affordable gulf-side condo complex!
Conveniently located on the island east-end, The Colony Resort, aka Colonnades, is located in a resort-housing district so daily rentals are allowed thru the on-site rental & management office.
SanibelSusan Realty Associates
2242 Periwinkle Way, Suite 3 at Sanibel Square, Sanibel Island, FL 33957
Phone: 239-472-HOME (4663)
Fax: 239-472-4673
Toll Free: 888-603-0603
E-mail: Susan@SanibelSusan.com
Colonnades Condo
aka Colony Resort
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