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1401 Middle Gulf Dr

Sanibel, FL 33957

3 bd 2 ba 1,531 sqft Built 1979 condos
Most recent sale
$1,428,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2022 Sold $1,428,000 MLS #222016461
Mar 7, 2022 Listed $1,365,000 MLS #222016461
Apr 30, 2014 Sold $625,000 MLS #214008568
Feb 28, 2014 Listing removed $649,000 SanibelCaptiva
Feb 6, 2014 Listed $649,000 MLS #2140212
Feb 5, 2014 Listed $649,000 MLS #214008568
Jul 26, 2004 Sold $845,000 Public Record
Oct 31, 1997 Sold $380,000 Public Record
Jun 1, 1979 Sold $111,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $850,186 $850,186 $11,995
2024 $850,186 $850,186 $448
2023 $54,070 $54,070 $794
2021 $770,228 $9,972
2020 $649,230 $649,230 $9,369
2019 $624,198 $624,198 $9,080
2018 $583,026 $9,011
2017 $555,560 $555,560 $8,233
2016 $481,840 $481,840 $7,463
2015 $540,600 $540,600 $8,601
2014 $575,400 $9,252
2013 $548,400 $9,004
2012 $502,900 $7,905
2011 $624,700 $9,653
2010 $492,400 $8,057
2009 $503,080 $8,284
2008 $644,000 $10,082
2007 $710,000 $11,164

Property facts

Year built
1979
Property type
condos
Stories
Beds
3
Baths
2
Living area
1,531 sqft
Lot size
ZIP code
33957
City
Sanibel
Street
Middle Gulf Dr
Coordinates
26.43295, -82.04991

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
$8,568
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 Apr 22, 2022 for $1,428,000.
What is the current tax assessment for 1401 Middle Gulf Dr?
The most recent total assessment for 1401 Middle Gulf Dr (year 2025) is $850,186 with $11,995 in property tax.
How does 1401 Middle Gulf Dr's assessment compare to its last sale price?
The current assessment is 40.5% below the last sale price of $1,428,000.
When was 1401 Middle Gulf Dr built?
1401 Middle Gulf Dr was built in 1979.
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 3 bed, 2 bath, 1,531 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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