73 High-Rise Condominiums Per Pelican Landing Directory • 21 Stories • Approx. 2,910–3,295 Sq. Ft. Standard Plans • 5,700+ Sq. Ft. Penthouses • Gulf & Estero Bay Views
Palermo Condos for Sale at The Colony in Bonita Springs
Palermo at The Colony is a 21-story luxury condominium tower at 4875 Pelican Colony Boulevard in Bonita Springs, Florida. Pelican Landing's current neighborhood directory describes Palermo as containing 73 high-rise condominiums, with spacious standard residences and exceptionally large upper-level penthouses overlooking The Colony, Estero Bay and the Gulf of Mexico.
Palermo's standard floor plans generally range from approximately 2,910 to 3,295 square feet. The two penthouse levels provide special layouts extending from approximately 5,757 to 5,983 square feet.
This combination places Palermo among the larger-residence established towers in The Colony. Private elevator entry, broad terraces, secured garage parking and extensive private building amenities reinforce its luxury high-rise character.
21-Story Luxury Tower Early-2000s Construction WCI Development Approx. 2,910–3,295 Sq. Ft. 5,757–5,983 Sq. Ft. Penthouses 3-Bedroom Plans 3-Bedroom + Den Plans 4- & 5-Bedroom Penthouses Private Elevator Entry Large Terraces Estero Bay Views Gulf Views Two Parking Spaces Common Heated Pool & Spa Fitness & Theater Two Guest Suites
Palermo High-Rise Condominium Overview
Palermo was developed by WCI during the early high-rise expansion of The Colony. Public property records commonly show a 2002 construction year, while building-specific sources describe delivery or completion in the early 2000s.
The tower rises 21 stories and was designed with only four principal residence stacks on typical floors, creating substantially larger floor plans than many conventional Southwest Florida condominiums.
Palermo's lower density, private elevator entry and substantial living area make it especially relevant to buyers comparing a condominium lifestyle with a large villa or detached estate home.
Large Residences Standard homes generally provide approximately 2,910 to 3,295 square feet of air-conditioned living area.
Two Penthouse Levels Upper-level combinations create approximately 5,757- to 5,983-square-foot residences.
Four Principal Stacks Typical-floor layouts create distinct interior and end-residence configurations.
Coastal High-Rise Setting Depending on floor and orientation, residences can capture Estero Bay, Gulf, golf and preserve views.
Palermo Floor Plans
Palermo's four principal standard-residence positions create three basic size groups.
The 01 stack, an end-residence configuration, provides approximately 3,240 square feet with three bedrooms and approximately three-and-one-half baths.
The 02 and 03 stacks provide approximately 2,910 square feet, commonly configured with three bedrooms and three bathrooms.
The larger 04 end residences provide approximately 3,295 square feet, commonly with three bedrooms plus a den and approximately three-and-one-half baths.
Palermo comparison rule: Identify the exact 01, 02, 03 or 04 stack before comparing sales. A 2,910-square-foot interior residence and a 3,295-square-foot end residence should not be treated as interchangeable simply because they are in the same building.
Palermo Penthouse Residences
Palermo's upper floors contain special penthouse configurations that are materially different from the standard residential inventory.
Penthouse layouts on floors 20 and 21 extend from approximately 5,757 to 5,983 square feet. Depending on configuration, they may provide four bedrooms with four-and-one-half baths or five bedrooms with five-and-one-half baths.
Some penthouses span two levels, creating interior staircases, exceptionally large entertaining spaces and significantly more terrace area than a typical Palermo residence.
These homes should be valued within the penthouse and ultra-luxury segment rather than by applying the average price per square foot of standard Palermo units.
Private Elevator Entry
Palermo residences are designed around private elevator entry, allowing the passenger elevator to open into an individual residence foyer rather than a conventional shared hallway.
A separate service-elevator system assists with deliveries, moves and building operations.
This private-entry configuration is an important distinction for buyers who want condominium convenience with a more estate-like arrival experience.
Palermo Terraces and Outdoor Living
Large terraces extend Palermo living areas toward the surrounding golf, preserve, Bay and Gulf scenery.
End residences may benefit from multi-directional exposure, while interior stacks can provide more concentrated orientation toward their principal view.
Buyers should evaluate usable terrace depth, screening, storm protection, direction, afternoon sunlight, wind and privacy rather than relying only on total balcony square footage.
Estero Bay, Gulf, Golf and Preserve Views
Palermo's location near the western side of The Colony gives many residences a strong relationship with Estero Bay and the Gulf horizon.
Lower and middle elevations can incorporate golf, lake, preserve and landscaped scenery, while increasing elevation may expand western water and sunset views.
Estero Bay Western-facing residences can look across coastal preserves toward Estero Bay.
Gulf of Mexico Upper elevations can extend sight lines toward the Gulf horizon and sunset skies.
Golf & Lake Fairways and lakes can provide attractive foreground scenery from selected stacks.
Preserve Mangrove and natural preserve areas provide separation and coastal character.
Palermo Garage Parking and Storage
Two under-building parking spaces are commonly associated with Palermo's standard residences, while special private-garage configurations may also exist.
Parking rights remain condominium-specific and should be verified for the exact property through the deed, condominium records and estoppel.
Buyers should also confirm storage areas, garage-space location, vehicle restrictions and current electric-vehicle charging policies.
Palermo Private Building Amenities
Palermo offers a substantial private amenity program in addition to the broader Colony and Pelican Landing lifestyle.
Heated Pool
A landscaped private pool provides building-level swimming and relaxation.
Grand Spa
A large spa complements the pool and furnished garden deck.
Fitness Center
Palermo maintains a dedicated resident fitness room.
Private Theater
A building theater provides another entertainment option for residents and guests.
Billiards Room
The billiards room supplements Palermo's indoor social spaces.
Two Guest Suites
Reservable guest accommodations provide additional lodging for visiting friends and family.
Grand Salon & Social Room
Formal and casual gathering spaces support resident social events and private entertaining.
Outdoor Pavilion
A landscaped social pavilion with barbecue facilities expands the building's outdoor gathering areas.
The Colony Bay Club on Estero Bay
Palermo owners participate in The Colony resident lifestyle, including access to the resident-only Colony Bay Club.
The Bay Club provides waterfront dining and social spaces overlooking Estero Bay.
These privileges are separate from Palermo's private building amenities and should also be distinguished from optional membership at The Colony Golf & Country Club.
Private Gulf Beach and Pelican Landing Amenities
Palermo owners also have access to applicable Pelican Landing master-community recreation, including the private Gulf island Beach Park reached by community boat transportation.
Additional recreation includes tennis, pickleball, fitness, bocce, kayaking, canoeing, sailing and community gathering facilities.
Amenity schedules, transportation procedures and guest privileges can change and should be verified through current Colony Foundation and Pelican Landing information.
Optional Golf at The Colony Golf & Country Club
The Colony Golf & Country Club operates separately from Palermo condominium ownership.
The private Club features an 18-hole Jerry Pate-designed championship golf course together with Club dining and recreation.
Prospective golf members should verify current membership categories, availability, initiation requirements, dues and privileges directly with the Club before making a purchase dependent on membership.
Palermo Condominium Association
Palermo is governed by Palermo at The Colony Condominium Association, Inc., a Florida residential condominium association established during the building's original development period.
Condominium-project records and community marketing sources do not always enumerate the building's residence count identically, so buyers should rely on the current declaration, amendments and association records for legal unit information.
Operating Budget
Review current recurring expenses together with significant year-over-year changes.
Reserve Funding
Evaluate reserve balances against future roof, elevator, exterior, garage, pool and mechanical needs.
Master Insurance
Understand association coverage, deductibles and individual HO-6 responsibilities.
Assessments
Confirm current, approved or proposed assessments and payment status for the specific condominium.
Capital Projects
Review completed and planned building work together with available warranties and funding.
Rules
Verify current leasing, pet, guest, parking and renovation requirements.
Hurricane Protection, Insurance and Coastal Exposure
Palermo's coastal location makes storm protection and condominium insurance important parts of buyer due diligence.
Current property records show a mixture of impact-resistant windows and electric storm shutters among individual Palermo residences.
Because improvements can vary by unit, buyers should verify the protection installed at every exterior opening rather than assuming identical systems throughout the tower.
The condominium association's master insurance, deductibles and coverage responsibilities should be reviewed together with the owner's individual HO-6 policy and appropriate loss-assessment coverage.
Renovated vs. More Original Palermo Condos
Palermo's early-2000s construction means interior renovation level can now have a significant effect on resale value.
Updated residences may include redesigned kitchens, contemporary cabinetry, quartz or natural stone, premium appliances, wide-plank flooring, remodeled bathrooms, custom closets, modern lighting and automated window treatments.
Other units retain more of their original luxury finishes and therefore compete at a different value level even when floor plan and view are similar.
Mechanical improvements, HVAC replacements and hurricane protection should be evaluated separately from cosmetic remodeling.
Palermo Recent Sales and 2026 Market Activity
Recent 2026 transactions demonstrate how dramatically floor and view can affect Palermo value even among identical floor plans.
Multiple approximately 3,295-square-foot 04-stack residences sold during 2026 at substantially different values depending on floor, condition and exposure.
Approximately 2,910-square-foot residences also traded during the year and should generally be compared first against the same 02 or 03 floor-plan group.
Penthouse residences represent a separate market because their size, multi-level configurations and scarcity make them inappropriate comparisons for standard Palermo homes.
How Palermo Condo Values Should Be Compared
Stack
Begin with the 01, 02, 03 or 04 position before comparing recent transactions.
Floor Plan
Separate approximately 2,910-, 3,240- and 3,295-square-foot standard homes from penthouses.
Floor
Elevation affects the breadth of Estero Bay, Gulf, golf and preserve views.
View
Compare direct versus angled Bay and Gulf exposure from the primary living areas.
Renovation
Adjust for kitchens, bathrooms, flooring, appliances, lighting, built-ins and mechanical systems.
Parking & Storage
Confirm garage spaces, any private-garage configuration and storage rights.
Palermo valuation sequence: standard residence or penthouse → stack → floor → Estero Bay / Gulf / golf / preserve view → terraces → garage & storage → renovation → association financial condition → most comparable recent Palermo sales.
Palermo vs. Other Colony High-Rises
Palermo occupies the larger-residence segment of The Colony's established high-rise market.
Palermo provides standard residences from approximately 2,910 to 3,295 square feet plus two-level penthouse configurations approaching 6,000 square feet.
Altaira is newer and provides standard residences generally exceeding 3,300 square feet.
La Scala offers even larger standard floor plans beginning around 3,510 square feet with especially low building density.
Treviso also competes strongly in the larger luxury-residence category, while Florencia, Navona and Sorrento generally provide smaller standard plans.
Infinity at The Colony represents the newest high-rise generation and should be analyzed separately for contemporary construction, amenities, warranties and association costs.
What Palermo Buyers Should Review
Standard or Penthouse
Separate conventional residential floors from special two-level penthouse configurations.
Exact Stack
Identify the 01, 02, 03 or 04 position before evaluating comparable sales.
Floor & Orientation
Evaluate elevation, western exposure, privacy and neighboring-building relationships.
Actual View
Compare Gulf, Estero Bay, golf, lake and preserve visibility from principal living areas.
Terraces
Review outdoor-living area, orientation, wind, sunlight, screening and storm protection.
Parking & Storage
Verify exact garage spaces, private-garage rights if applicable and storage.
Interior Condition
Separate original finishes from substantial renovations and custom improvements.
Mechanical Systems
Review HVAC equipment and other owner-maintained systems together with replacement history.
Association Financials
Review budget, reserves, insurance, deductibles, assessments and capital planning.
Building Rules
Verify current rental, pet, guest, parking and renovation policies.
Bay Club
Understand resident Bay Club privileges separately from Palermo building amenities.
Golf Membership
Confirm optional private Golf Club membership independently from condominium ownership.
Selling a Palermo Condominium
Palermo sellers should position their residence within its exact stack and size category before relying on broad Colony high-rise statistics.
Marketing should clearly identify the 01, 02, 03 or 04 plan, floor, Gulf and Estero Bay visibility, golf or preserve view, terrace orientation, private elevator entry, garage spaces, storage, storm protection and renovation history.
Penthouse marketing should emphasize the rarity of the upper-level configuration, extraordinary living area, multi-level design where applicable and expansive outdoor living.
Palermo's private amenities, Colony Bay Club and Pelican Landing recreation should then reinforce the residence-specific real-estate story.
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The Colony and Pelican Landing
Palermo Location at 4875 Pelican Colony Boulevard
Palermo is located at 4875 Pelican Colony Boulevard, Bonita Springs, Florida 34134, within the gated Colony at Pelican Landing.
Its high-rise position provides access to The Colony's golf, lake and coastal preserve environment while allowing many upper-floor residences to capture expansive Estero Bay and Gulf views.
Coconut Point shopping and dining, Estero, Bonita Springs, North Naples, healthcare and Southwest Florida International Airport are readily accessible.
Schulz Realty can help Palermo buyers and sellers compare residences according to standard or penthouse configuration, exact stack, floor, Gulf and Estero Bay visibility, golf or preserve orientation, terrace configuration, parking, storage, renovation level, association financial condition and the most relevant recent Palermo sales.
When Palermo inventory is limited, carefully selected properties in Altaira, La Scala, Treviso, Florencia and other Colony high-rises can provide secondary context after adjustments for size, construction era, view, building density and amenities.
Call David Schulz: (239) 682-5800
Property availability, condominium residence counts, floor-plan dimensions, living areas, bedroom and bathroom configurations, penthouse layouts, terraces, views, elevator configurations, parking spaces, private garages, storage, association fees, Colony Foundation obligations, Pelican Landing assessments, reserve balances, master insurance, deductibles, special assessments, capital projects, rental restrictions, pet rules, parking requirements, hurricane protection, flood classifications, Bay Club services, Beach Park privileges, private Golf Club membership categories and individual condominium features may vary or change. Buyers should verify all material property, condominium, association, community, insurance, flood, golf, title and inspection information through current official documents, resale disclosures, estoppel information and appropriate qualified professionals before purchasing.
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