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1501 Middle Gulf Dr

Sanibel, FL 33957

2 bd 2 ba 954 sqft Built 1974 condo
Most recent sale
$1,300,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $1,300,000 Public Record
Jun 1, 2022 Sold $1,300,000 MLS #222013680
Mar 6, 2022 Listed $1,300,000 MLS #222013680
Jan 7, 2016 Sold $546,000 MLS #215047122
Nov 13, 2015 Listing removed $579,000 SanibelCaptiva
Aug 21, 2015 Listed $579,000 MLS #215047122
Aug 20, 2015 Listed $579,000 MLS #2150780
Oct 20, 2012 Listing removed $575,000 MiamiMLS
Oct 19, 2012 Listing removed $575,000 SanibelCaptiva
Jul 25, 2011 Price changed $575,000 MLS #M1488849
Apr 26, 2011 Price changed $575,000 MLS #2101023
Mar 29, 2011 Listed $585,000 MLS #M1488849
Oct 21, 2010 Listed $585,000 MLS #2101023
Jun 16, 2009 Listing removed $595,000 SanibelCaptiva
Dec 15, 2008 Listed $595,000 MLS #2801612
Jan 3, 2002 Sold $515,000 Public Record
Nov 1, 1979 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $30,455 $30,455 $447
2024 $30,455 $30,455 $448
2023 $54,070 $54,070 $794
2021 $633,713 $8,207
2020 $533,758 $533,758 $7,705
2019 $513,570 $513,570 $7,474
2018 $495,644 $7,483
2017 $450,585 $450,585 $6,856
2016 $391,238 $391,238 $6,042
2015 $393,200 $393,200 $5,917
2014 $327,700 $5,217
2013 $292,100 $4,799
2012 $328,500 $5,166
2011 $421,800 $6,929
2010 $374,900 $6,138
2009 $421,150 $6,938
2008 $500,000 $7,831
2007 $545,000 $8,573

Property facts

Year built
1974
Property type
condo
Stories
4
Beds
2
Baths
2
Living area
954 sqft
Lot size
ZIP code
33957
City
Sanibel
Street
Middle Gulf Dr
Coordinates
26.43032, -82.05415

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
$7,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1501 Middle Gulf Dr last sell?
1501 Middle Gulf Dr most recently sold on Jul 22, 2022 for $1,300,000.
What is the current tax assessment for 1501 Middle Gulf Dr?
The most recent total assessment for 1501 Middle Gulf Dr (year 2025) is $30,455 with $447 in property tax.
How does 1501 Middle Gulf Dr's assessment compare to its last sale price?
The current assessment is 97.7% below the last sale price of $1,300,000.
When was 1501 Middle Gulf Dr built?
1501 Middle Gulf Dr was built in 1974.
How does 1501 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 1501 Middle Gulf Dr?
1501 Middle Gulf Dr is a 2 bed, 2 bath, 954 sqft condo.
Is 1501 Middle Gulf Dr a flip candidate?
No — 1501 Middle Gulf Dr does not appear in our flips dataset.
Is 1501 Middle Gulf Dr a tax-appeal candidate?
No — 1501 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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