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1501 Middle Gulf Dr

Sanibel, FL 33957

1 bd 1 ba 684 sqft Built 1974 Lot 7,096 sqft condos
Most recent sale
$500,000
Jun 11, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 2, 2023 Listed $649,900 SanibelCaptiva
Oct 1, 2023 Listed $649,900 FLGulfCoastMLS
Jun 11, 2021 Sold $500,000 Public Record
Jun 11, 2021 Listing removed SanibelCaptiva
Jun 10, 2021 Sold $500,000 BonitaSprings
Mar 22, 2021 Price changed $509,900 SanibelCaptiva
Feb 15, 2021 Listed $529,900 FLGulfCoastMLS
Jun 30, 2014 Sold $349,000 Public Record
Jun 13, 2014 Listing removed $359,000 SanibelCaptiva
May 13, 2014 Listing removed $359,000 FLGulfCoastMLS
Feb 5, 2013 Listed $359,000 FLGulfCoastMLS
Dec 28, 2004 Sold $498,000 Public Record
Jan 22, 2003 Sold $73,500 Public Record
Jul 1, 1998 Sold $243,000 Public Record
Jul 1, 1982 Sold $94,000 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 $372,803 $372,803 $5,316
2020 $345,610 $345,610 $4,995
2019 $331,883 $331,883 $4,835
2018 $308,061 $4,743
2017 $289,893 $289,893 $4,333
2016 $254,595 $254,595 $3,950
2015 $243,000 $243,000 $3,872
2014 $246,200 $3,962
2013 $231,000 $3,796
2012 $246,700 $3,881
2011 $263,100 $4,378
2010 $282,100 $4,623
2009 $268,120 $4,423
2008 $339,000 $5,315
2007 $427,000 $6,720

Property facts

Year built
1974
Property type
condos
Stories
4
Beds
1
Baths
1
Living area
684 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
$3,000
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 Jun 11, 2021 for $500,000.
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 93.9% below the last sale price of $500,000.
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, 684 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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