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979 Gulf Dr

Sanibel, FL 33957

2 bd 2 ba 1,184 sqft Built 1975 condo
Most recent sale
$870,000
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 23, 2022 Sold $870,000 Public Record
Aug 3, 2022 Listed $899,000 MLS #2220556
Sep 30, 2016 Sold $495,000 MLS #215059457
May 10, 2016 Price changed $499,000 MLS #215059457
Oct 22, 2015 Listed $515,900 MLS #2150976
Jan 27, 2014 Relisted $495,000 MLS #201315971
Dec 26, 2013 Price changed $495,000 MLS #2130495
Dec 9, 2013 Relisted $484,900 MLS #2130495
Sep 24, 2013 Price changed $484,900 MLS #201315971
Apr 24, 2013 Listed $489,000 MLS #2130495
Mar 5, 2012 Listed $450,000 MLS #2120334
Jun 17, 2010 Sold $350,000 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
2020 $439,280 $439,280 $6,345
2019 $423,130 $423,130 $6,161
2018 $423,130 $423,130 $6,292
2017 $422,323 $422,323 $6,428
2016 $381,778 $381,778 $5,917
2015 $381,100 $381,100 $6,067
2014 $359,700 $5,787
2013 $391,668 $6,433
2012 $392,100 $5,886
2011 $326,300 $5,427
2010 $358,800 $5,876
2009 $370,760 $6,110
2008 $385,000 $6,034

Property facts

Year built
1975
Property type
condo
Stories
4
Beds
2
Baths
2
Living area
1,184 sqft
Lot size
ZIP code
33957
City
Sanibel
Street
Gulf Dr
Coordinates
26.43937, -82.04085

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
$5,220
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 Sep 23, 2022 for $870,000.
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 37.3% below the last sale price of $870,000.
When was 979 Gulf Dr built?
979 Gulf Dr was built in 1975.
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 condo.
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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