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1401 Middle Gulf Dr

Sanibel, FL 33957

2 bd 2 ba 1,451 sqft Built 1980 Lot 12,632 sqft condos
Most recent sale
$1,200,000
Jan 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 18, 2022 Sold $1,200,000 Public Record
Jan 14, 2022 Sold $1,200,000 MLS #221065627
Nov 29, 2021 Listed $1,249,000 MLS #221065627
Sep 14, 2021 Listed $1,249,000 MLS #2210703
Jan 1, 1981 Sold $171,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $798,294 $798,294 $11,264
2024 $798,294 $798,294 $448
2023 $54,070 $54,070 $794
2021 $986,965 $986,965 $11,307
2020 $735,633 $735,633 $10,614
2019 $670,850 $9,988
2017 $643,578 $643,578 $9,029
2016 $577,757 $577,757 $8,322
2015 $458,200 $458,200 $7,292
2014 $502,900 $8,088
2013 $468,300 $7,690
2012 $435,100 $2,972
2011 $494,400 $8,217
2010 $493,000 $4,197
2009 $503,080 $3,087
2008 $664,000 $4,813

Property facts

Year built
1980
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,451 sqft
Lot size
12,632 sqft
ZIP code
33957
City
Sanibel
Street
Middle Gulf Dr
Coordinates
26.43302, -82.04969

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
$7,200
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 Jan 18, 2022 for $1,200,000.
What is the current tax assessment for 1401 Middle Gulf Dr?
The most recent total assessment for 1401 Middle Gulf Dr (year 2025) is $798,294 with $11,264 in property tax.
How does 1401 Middle Gulf Dr's assessment compare to its last sale price?
The current assessment is 33.5% below the last sale price of $1,200,000.
When was 1401 Middle Gulf Dr built?
1401 Middle Gulf Dr was built in 1980.
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, 12,632 sqft lot 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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