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1501 Middle Gulf Dr

Sanibel, FL 33957

1 bd 1 ba 454 sqft Built 1974 Lot 7,096 sqft condos
Most recent sale
$450,000
Apr 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 16, 2024 Listing removed SanibelCaptiva
Apr 12, 2024 Sold $450,000 BonitaSprings
Feb 6, 2024 Listed $498,000 FLGulfCoastMLS
Jan 29, 2024 Listed $498,000 SanibelCaptiva
Jan 5, 2024 Listing removed FLGulfCoastMLS
Aug 6, 2023 Listed $447,000 FLGulfCoastMLS
Aug 4, 2023 Listing removed FLGulfCoastMLS
May 15, 2023 Price changed $447,000 SanibelCaptiva
Mar 20, 2023 Price changed $485,000 FLGulfCoastMLS
Mar 1, 2023 Listed $529,000 SanibelCaptiva
Feb 22, 2023 Listed $529,000 FLGulfCoastMLS
Sep 1, 2015 Listing removed $349,000 FLGulfCoastMLS
Jun 9, 2015 Listing removed $349,000 SanibelCaptiva
Feb 12, 2015 Listed $349,000 SanibelCaptiva
Apr 30, 2003 Sold $321,000 Public Record
Jul 10, 2000 Sold $250,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $347,827 $347,827 $4,918
2024 $347,827 $347,827 $448
2023 $54,070 $54,070 $794
2021 $312,162 $312,162 $4,454
2020 $289,085 $289,085 $4,180
2019 $277,780 $277,780 $4,049
2018 $264,177 $4,027
2017 $244,673 $244,673 $3,692
2016 $218,328 $218,328 $3,390
2015 $205,500 $205,500 $3,277
2014 $205,500 $3,264
2013 $182,200 $2,996
2012 $220,100 $3,463
2011 $262,500 $4,368
2010 $248,292 $4,072
2009 $225,720 $3,726
2008 $246,000 $3,861
2007 $329,000 $5,182

Property facts

Year built
1974
Property type
condos
Stories
Beds
1
Baths
1
Living area
454 sqft
Lot size
7,096 sqft
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 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,700
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 Apr 12, 2024 for $450,000.
What is the current tax assessment for 1501 Middle Gulf Dr?
The most recent total assessment for 1501 Middle Gulf Dr (year 2025) is $347,827 with $4,918 in property tax.
How does 1501 Middle Gulf Dr's assessment compare to its last sale price?
The current assessment is 22.7% below the last sale price of $450,000.
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, 454 sqft, 7,096 sqft lot condos.
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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