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651 Gulf Dr

Sanibel, FL 33957

2 bd 2 ba 1,596 sqft Built 1981 condos
Most recent sale
$1,650,000
Jul 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 25, 2022 Sold $1,650,000 Public Record
Jun 30, 2022 Sold $1,650,000 MLS #222025461
Apr 25, 2022 Price changed $1,699,000 MLS #222025461
Apr 14, 2022 Price changed $1,789,000 MLS #2220275
Apr 8, 2022 Listed $1,849,000 MLS #2220275
Dec 4, 1997 Sold $525,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $846,675 $846,675 $11,946
2024 $846,675 $846,675 $3,699
2023 $524,682 $524,682 $7,558
2021 $611,465 $7,972
2020 $585,459 $7,950
2019 $572,296 $7,824
2018 $561,625 $7,835
2017 $550,073 $7,845
2016 $538,759 $7,814
2015 $777,816 $777,816 $7,968
2014 $677,700 $7,982
2013 $522,924 $8,021
2012 $523,500 $7,684
2011 $652,000 $10,259
2010 $747,960 $11,664
2009 $708,140 $11,076
2008 $754,000 $11,241
2007 $840,000 $12,836

Property facts

Year built
1981
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,596 sqft
Lot size
ZIP code
33957
City
Sanibel
Street
Gulf Dr
Coordinates
26.44332, -82.03048

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
$9,900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 651 Gulf Dr last sell?
651 Gulf Dr most recently sold on Jul 25, 2022 for $1,650,000.
What is the current tax assessment for 651 Gulf Dr?
The most recent total assessment for 651 Gulf Dr (year 2025) is $846,675 with $11,946 in property tax.
How does 651 Gulf Dr's assessment compare to its last sale price?
The current assessment is 48.7% below the last sale price of $1,650,000.
When was 651 Gulf Dr built?
651 Gulf Dr was built in 1981.
How does 651 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 651 Gulf Dr?
651 Gulf Dr is a 2 bed, 2 bath, 1,596 sqft condos.
Is 651 Gulf Dr a flip candidate?
No — 651 Gulf Dr does not appear in our flips dataset.
Is 651 Gulf Dr a tax-appeal candidate?
No — 651 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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