409 Gulf Dr
Sanibel, FL 33957
1 bd 1 ba 600 sqft Built 1968 condos
Most recent sale
$455,000
Jul 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 13, 2022 | Sold | $455,000 | Public Record |
| Jul 1, 2022 | Sold | $455,000 | MLS #222027119 |
| Apr 14, 2022 | Listed | $449,000 | MLS #222027119 |
| Apr 11, 2022 | Listed | $449,000 | SanibelCaptiva |
| Jan 10, 2012 | Sold | $160,000 | Public Record |
| Mar 31, 2009 | Sold | $200,000 | Public Record |
| Dec 10, 1997 | Sold | $90,000 | Public Record |
| Aug 1, 1985 | Sold | $74,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $24,575 | — | $24,575 | $364 |
| 2024 | $24,575 | — | $24,575 | $365 |
| 2023 | $26,950 | — | $26,950 | $404 |
| 2021 | — | — | $207,456 | $2,697 |
| 2020 | — | — | $182,980 | $2,673 |
| 2019 | $166,345 | — | $166,345 | $2,431 |
| 2018 | $167,153 | — | $167,153 | $2,495 |
| 2017 | $166,345 | — | $166,345 | $2,541 |
| 2016 | $156,036 | — | $156,036 | $2,392 |
| 2015 | $138,100 | — | $138,100 | $2,206 |
| 2014 | — | — | $128,800 | $2,076 |
| 2013 | — | — | $119,800 | $1,972 |
| 2012 | — | — | $126,700 | $1,996 |
| 2011 | — | — | $134,500 | $2,241 |
| 2010 | — | — | $122,000 | $2,009 |
| 2009 | — | — | $165,360 | $2,734 |
| 2008 | — | — | $211,000 | $3,314 |
| 2007 | — | — | $225,000 | $3,549 |
Property facts
Year built
1968
Property type
condos
Stories
2
Beds
1
Baths
1
Living area
600 sqft
Lot size
—
ZIP code
33957
City
Sanibel
Street
Gulf Dr
Coordinates
26.44816, -82.02401
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,730
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 409 Gulf Dr last sell?
409 Gulf Dr most recently sold on Jul 1, 2022 for $455,000.
What is the current tax assessment for 409 Gulf Dr?
The most recent total assessment for 409 Gulf Dr (year 2025) is $24,575 with $364 in property tax.
How does 409 Gulf Dr's assessment compare to its last sale price?
The current assessment is 94.6% below the last sale price of $455,000.
When was 409 Gulf Dr built?
409 Gulf Dr was built in 1968.
How does 409 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 409 Gulf Dr?
409 Gulf Dr is a 1 bed, 1 bath, 600 sqft condos.
Is 409 Gulf Dr a flip candidate?
No — 409 Gulf Dr does not appear in our flips dataset.
Is 409 Gulf Dr a tax-appeal candidate?
No — 409 Gulf Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.2%
Implied 1-yr
-4.7%
2026 Q3
$998.4K
2026 Q4
$985.8K
ZIP 33957 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Gulf Dr