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979 Gulf Dr

Sanibel, FL 33957

2 bd 2 ba 1,184 sqft Built 1974 condos
Most recent sale
$900,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2022 Sold $900,000 Public Record
Apr 20, 2022 Sold $900,000 MLS #222017383
Mar 14, 2022 Listed $995,000 MLS #2220202
Jun 21, 2000 Sold $495,000 Public Record
May 29, 1997 Sold $290,000 Public Record
Nov 1, 1977 Sold $706,333 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $545,855 $545,855 $7,708
2024 $545,855 $545,855 $703
2023 $86,100 $86,100 $1,254
2021 $488,104 $6,325
2020 $438,473 $438,473 $6,333
2019 $422,323 $422,323 $6,149
2018 $423,130 $423,130 $6,292
2017 $421,515 $421,515 $6,391
2016 $380,620 $380,620 $5,899
2015 $380,600 $380,600 $6,059
2014 $356,600 $5,736
2013 $389,171 $6,391
2012 $389,600 $5,858
2011 $325,300 $5,410
2010 $358,800 $5,875
2009 $370,760 $6,110
2008 $523,000 $8,191
2007 $585,000 $9,201

Property facts

Year built
1974
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,184 sqft
Lot size
ZIP code
33957
City
Sanibel
Street
Gulf Dr
Coordinates
26.43859, -82.04082

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
$5,400
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 979 Gulf Dr last sell?
979 Gulf Dr most recently sold on Apr 22, 2022 for $900,000.
What is the current tax assessment for 979 Gulf Dr?
The most recent total assessment for 979 Gulf Dr (year 2025) is $545,855 with $7,708 in property tax.
How does 979 Gulf Dr's assessment compare to its last sale price?
The current assessment is 39.3% below the last sale price of $900,000.
When was 979 Gulf Dr built?
979 Gulf Dr was built in 1974.
How does 979 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 979 Gulf Dr?
979 Gulf Dr is a 2 bed, 2 bath, 1,184 sqft condos.
Is 979 Gulf Dr a flip candidate?
No — 979 Gulf Dr does not appear in our flips dataset.
Is 979 Gulf Dr a tax-appeal candidate?
No — 979 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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