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1299 Middle Gulf Dr

Sanibel, FL 33957

2 bd 2 ba 1,268 sqft Built 1979 condos
Most recent sale
$1,850,000
Apr 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 25, 2022 Listed $1,850,000 MLS #2220100
Apr 20, 2022 Sold $1,850,000 Public Record
Apr 5, 2022 Sold $1,850,000 MLS #222009647
Feb 9, 2022 Listed $1,850,000 MLS #222009647
Mar 1, 1979 Sold $122,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,096,214 $1,096,214 $15,462
2024 $1,096,214 $1,096,214 $1,945
2023 $241,934 $241,934 $3,494
2021 $1,333,208 $1,333,208 $7,764
2020 $571,047 $7,743
2019 $558,208 $7,619
2017 $536,533 $7,640
2016 $525,498 $7,609
2015 $870,896 $870,896 $7,760
2014 $790,700 $7,772
2013 $687,442 $7,810
2012 $688,200 $7,339
2011 $718,200 $7,520
2010 $479,722 $7,284
2009 $467,110 $7,115
2008 $466,640 $6,750

Property facts

Year built
1979
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,268 sqft
Lot size
ZIP code
33957
City
Sanibel
Street
Middle Gulf Dr
Coordinates
26.43414, -82.04696

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
$11,100
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1299 Middle Gulf Dr last sell?
1299 Middle Gulf Dr most recently sold on Apr 20, 2022 for $1,850,000.
What is the current tax assessment for 1299 Middle Gulf Dr?
The most recent total assessment for 1299 Middle Gulf Dr (year 2025) is $1,096,214 with $15,462 in property tax.
How does 1299 Middle Gulf Dr's assessment compare to its last sale price?
The current assessment is 40.7% below the last sale price of $1,850,000.
When was 1299 Middle Gulf Dr built?
1299 Middle Gulf Dr was built in 1979.
How does 1299 Middle Gulf Dr compare to others on Middle Gulf Dr?
We track 8 other properties on Middle Gulf Dr. Browse the list under "Other properties on Middle Gulf Dr" to compare beds, baths, and sale history.
What are the property facts for 1299 Middle Gulf Dr?
1299 Middle Gulf Dr is a 2 bed, 2 bath, 1,268 sqft condos.
Is 1299 Middle Gulf Dr a flip candidate?
No — 1299 Middle Gulf Dr does not appear in our flips dataset.
Is 1299 Middle Gulf Dr a tax-appeal candidate?
No — 1299 Middle 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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