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1401 Middle Gulf Dr

Sanibel, FL 33957

2 bd 2 ba 1,451 sqft Built 1981 condos
Most recent sale
$1,230,000
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 9, 2025 Sold $1,075,000 Public Record
Dec 8, 2025 Sold $1,075,000 FLGulfCoastMLS
Jun 18, 2025 Price changed $1,195,000 SanibelCaptiva
Aug 9, 2024 Listed $1,450,000 SanibelCaptiva
Aug 12, 2022 Sold $1,230,000 Public Record
Jun 24, 2022 Listed $1,328,000 MLS #222048517
Jun 23, 2022 Listed $1,328,000 MLS #2220491
Nov 30, 2015 Sold $695,000 MLS #215041830
Jul 27, 2015 Listing removed $739,000 SanibelCaptiva
Jul 27, 2015 Listed $739,000 MLS #215041830
Jul 21, 2015 Listed $739,000 MLS #2150723
Jan 29, 1999 Sold $415,000 Public Record
Sep 28, 1989 Sold $255,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $772,501 $772,501 $10,901
2024 $772,501 $772,501 $448
2023 $54,070 $54,070 $794
2020 $750,168 $750,168 $10,824
2019 $721,905 $721,905 $10,500
2018 $721,905 $721,905 $10,725
2017 $659,728 $659,728 $10,009
2016 $597,311 $597,311 $9,249
2015 $535,000 $535,000 $7,764
2014 $582,300 $7,777
2013 $543,100 $7,815
2012 $501,800 $3,567
2011 $628,900 $8,057
2010 $511,600 $4,213
2009 $503,080 $2,945
2008 $644,000 $4,124

Property facts

Year built
1981
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,451 sqft
Lot size
ZIP code
33957
City
Sanibel
Street
Middle Gulf Dr
Coordinates
26.43225, -82.05073

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
$7,380
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1401 Middle Gulf Dr last sell?
1401 Middle Gulf Dr most recently sold on Aug 12, 2022 for $1,230,000.
What is the current tax assessment for 1401 Middle Gulf Dr?
The most recent total assessment for 1401 Middle Gulf Dr (year 2025) is $772,501 with $10,901 in property tax.
How does 1401 Middle Gulf Dr's assessment compare to its last sale price?
The current assessment is 37.2% below the last sale price of $1,230,000.
When was 1401 Middle Gulf Dr built?
1401 Middle Gulf Dr was built in 1981.
How does 1401 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 1401 Middle Gulf Dr?
1401 Middle Gulf Dr is a 2 bed, 2 bath, 1,451 sqft condos.
Is 1401 Middle Gulf Dr a flip candidate?
No — 1401 Middle Gulf Dr does not appear in our flips dataset.
Is 1401 Middle Gulf Dr a tax-appeal candidate?
No — 1401 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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