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2929 Gulf Dr

Sanibel, FL 33957

3 bd 3 ba 1,939 sqft Built 1978 condos
Most recent sale
$1,959,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $1,959,000 Public Record
Aug 1, 2022 Sold $1,959,000 MLS #222035800
May 16, 2022 Listed $1,949,000 MLS #2220375
May 18, 1999 Sold $790,000 Public Record
Jan 1, 1989 Sold $410,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $364,322 $364,322 $5,253
2020 $1,363,868 $1,363,868 $19,665
2019 $934,669 $13,086
2018 $917,241 $13,110
2017 $898,375 $13,133
2016 $879,897 $13,087
2015 $1,086,583 $1,086,583 $13,351
2014 $1,040,100 $13,382
2013 $1,028,700 $13,453
2012 $992,000 $12,651
2011 $815,300 $12,969
2010 $823,300 $12,894
2009 $811,260 $12,770
2008 $1,021,180 $15,417
2007 $991,440 $15,214

Property facts

Year built
1978
Property type
condos
Stories
Beds
3
Baths
3
Living area
1,939 sqft
Lot size
ZIP code
33957
City
Sanibel
Street
Gulf Dr
Coordinates
26.42388, -82.09077

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$11,754
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2929 Gulf Dr last sell?
2929 Gulf Dr most recently sold on Aug 1, 2022 for $1,959,000.
What is the current tax assessment for 2929 Gulf Dr?
The most recent total assessment for 2929 Gulf Dr (year 2023) is $364,322 with $5,253 in property tax.
How does 2929 Gulf Dr's assessment compare to its last sale price?
The current assessment is 81.4% below the last sale price of $1,959,000.
When was 2929 Gulf Dr built?
2929 Gulf Dr was built in 1978.
How does 2929 Gulf Dr compare to others on Gulf Dr?
We track 8 other properties on Gulf Dr. Browse the list under "Other properties on Gulf Dr" to compare beds, baths, and sale history.
What are the property facts for 2929 Gulf Dr?
2929 Gulf Dr is a 3 bed, 3 bath, 1,939 sqft condos.
Is 2929 Gulf Dr a flip candidate?
No — 2929 Gulf Dr does not appear in our flips dataset.
Is 2929 Gulf Dr a tax-appeal candidate?
No — 2929 Gulf Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.2%
Implied 1-yr
-4.7%
2026 Q3
$998.4K
2026 Q4
$985.8K
ZIP 33957 — Median Price History + Forecast

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