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1299 Middle Gulf Dr

Sanibel, FL 33957

2 bd 2 ba 1,394 sqft Built 1979 condos
Most recent sale
$945,000
Aug 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 17, 2022 Sold $945,000 Public Record
Aug 4, 2022 Sold $945,000 MLS #222041063
May 27, 2022 Listed $939,000 MLS #2220412
Dec 15, 2000 Sold $565,000 Public Record
Jan 14, 1992 Sold $272,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $569,436 $569,436 $8,040
2024 $569,436 $569,436 $1,945
2023 $241,934 $241,934 $3,494
2020 $551,523 $551,523 $7,962
2019 $531,335 $531,335 $7,732
2018 $531,335 $531,335 $7,897
2017 $532,950 $532,950 $8,039
2016 $499,722 $499,722 $7,549
2015 $433,800 $433,800 $6,904
2014 $413,900 $6,658
2013 $393,866 $6,469
2012 $394,300 $6,200
2011 $404,700 $6,728
2010 $435,677 $7,833
2009 $396,070 $6,526
2008 $499,000 $7,816

Property facts

Year built
1979
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,394 sqft
Lot size
ZIP code
33957
City
Sanibel
Street
Middle Gulf Dr
Coordinates
26.43479, -82.04716

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
$5,670
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 Aug 4, 2022 for $945,000.
What is the current tax assessment for 1299 Middle Gulf Dr?
The most recent total assessment for 1299 Middle Gulf Dr (year 2025) is $569,436 with $8,040 in property tax.
How does 1299 Middle Gulf Dr's assessment compare to its last sale price?
The current assessment is 39.7% below the last sale price of $945,000.
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, 1,394 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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