1501 Middle Gulf Dr
Sanibel, FL 33957
1 bd 1 ba 642 sqft Built 1974 condo
Most recent sale
$495,000
Mar 9, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 19, 2022 | Listing removed | $950,000 | BonitaSprings |
| Jun 22, 2022 | Listed | $950,000 | MLS #2220486 |
| Jun 21, 2022 | Listed | $950,000 | MLS #222047760 |
| Mar 9, 2021 | Sold | $495,000 | Public Record |
| Jan 22, 2021 | Sold | $495,000 | MLS #220041306 |
| Nov 2, 2020 | Price changed | $519,900 | MLS #2200580 |
| Sep 10, 2020 | Price changed | $529,000 | MLS #2200580 |
| Jul 6, 2020 | Listed | $539,000 | MLS #2200580 |
| May 27, 2017 | Listing removed | $539,000 | FLGulfCoastMLS |
| Apr 3, 2017 | Listing removed | $539,000 | SanibelCaptiva |
| Feb 9, 2017 | Price changed | $539,000 | MLS #2161142 |
| Nov 22, 2016 | Listed | $545,000 | MLS #216073230 |
| Nov 21, 2016 | Listed | $545,000 | MLS #2161142 |
| Jun 10, 2014 | Listing removed | $439,000 | SanibelCaptiva |
| Sep 1, 2013 | Listed | $439,000 | MLS #201331619 |
| Mar 8, 2013 | Sold | $245,000 | Public Record |
| May 14, 2012 | Listing removed | $269,000 | SanibelCaptiva |
| Jan 12, 2012 | Listed | $269,000 | MLS #2120080 |
| Feb 22, 2009 | Listing removed | $499,000 | SanibelCaptiva |
| Feb 18, 2009 | Relisted | $499,000 | MLS #2800983 |
| Jan 27, 2009 | Listing removed | $499,000 | SanibelCaptiva |
| Jul 2, 2008 | Listed | $499,000 | MLS #2800983 |
| Aug 22, 2006 | Sold | $375,000 | Public Record |
| Aug 1, 2001 | Sold | $375,400 | Public Record |
| Jul 25, 2001 | Sold | $50,000 | Public Record |
| Jun 22, 1994 | Sold | $217,000 | Public Record |
| Jun 1, 1994 | Sold | $217,000 | Public Record |
| Apr 1, 1990 | Sold | $189,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $377,818 | — | $377,818 | $447 |
| 2024 | $377,818 | — | $377,818 | $448 |
| 2023 | $54,070 | — | $54,070 | $794 |
| 2021 | $453,959 | — | $453,959 | $5,209 |
| 2020 | $338,343 | — | $338,343 | $4,890 |
| 2019 | $325,423 | — | $325,423 | $4,742 |
| 2017 | $284,240 | — | $284,240 | $4,244 |
| 2016 | $249,098 | — | $249,098 | $3,866 |
| 2015 | $237,500 | — | $237,500 | $3,785 |
| 2014 | — | — | $239,300 | $3,852 |
| 2013 | — | — | $224,500 | $3,690 |
| 2012 | — | — | $246,700 | $3,881 |
| 2011 | — | — | $263,100 | $4,378 |
| 2010 | — | — | $282,100 | $4,623 |
| 2009 | — | — | $268,120 | $4,423 |
| 2008 | — | — | $335,000 | $5,253 |
Property facts
Year built
1974
Property type
condo
Stories
4
Beds
1
Baths
1
Living area
642 sqft
Lot size
—
ZIP code
33957
City
Sanibel
Street
Middle Gulf Dr
Coordinates
26.43069, -82.05395
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,970
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 Mar 9, 2021 for $495,000.
What is the current tax assessment for 1501 Middle Gulf Dr?
The most recent total assessment for 1501 Middle Gulf Dr (year 2025) is $377,818 with $447 in property tax.
How does 1501 Middle Gulf Dr's assessment compare to its last sale price?
The current assessment is 23.7% below the last sale price of $495,000.
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 1 bed, 1 bath, 642 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 valuationQuarterly trend
-1.2%
Implied 1-yr
-4.7%
2026 Q3
$998.4K
2026 Q4
$985.8K
ZIP 33957 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Middle Gulf Dr