1501 Middle Gulf Dr
Sanibel, FL 33957
2 bd 2 ba 1,042 sqft Built 1975 condos
Most recent sale
$845,000
Mar 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 25, 2022 | Listed | $875,000 | MLS #2220019 |
| Mar 9, 2022 | Sold | $845,000 | Public Record |
| Feb 25, 2022 | Sold | $845,000 | MLS #222001714 |
| Jan 8, 2022 | Listed | $875,000 | MLS #222001714 |
| Jan 7, 2022 | Listed | $875,000 | MLS #2220019 |
| May 30, 2013 | Sold | $412,000 | Public Record |
| Apr 13, 2013 | Listing removed | $447,000 | FLGulfCoastMLS |
| Apr 12, 2013 | Listing removed | $447,000 | SanibelCaptiva |
| Apr 4, 2013 | Price changed | $447,000 | MLS #201301639 |
| Jan 11, 2013 | Listed | $469,000 | MLS #201301639 |
| Jan 10, 2013 | Listed | $469,000 | MLS #2130036 |
| Jan 9, 2013 | Listing removed | $495,000 | FLGulfCoastMLS |
| Jan 8, 2013 | Listing removed | $495,000 | SanibelCaptiva |
| Nov 1, 2012 | Listed | $495,000 | MLS #201239545 |
| Oct 12, 2012 | Listing removed | $495,000 | FLGulfCoastMLS |
| Oct 7, 2012 | Listed | $495,000 | MLS #2121134 |
| Oct 6, 2012 | Listing removed | $495,000 | SanibelCaptiva |
| Oct 6, 2011 | Listed | $495,000 | MLS #201138701 |
| Nov 19, 2004 | Sold | $620,000 | Public Record |
| Dec 12, 2002 | Sold | $525,000 | Public Record |
| Jun 1, 1988 | Sold | $160,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $506,250 | — | $506,250 | $7,150 |
| 2024 | $506,250 | — | $506,250 | $448 |
| 2023 | $54,070 | — | $54,070 | $794 |
| 2020 | $445,740 | — | $445,740 | $6,438 |
| 2019 | $428,783 | — | $428,783 | $6,243 |
| 2017 | $376,295 | — | $376,295 | $5,602 |
| 2016 | $328,536 | — | $328,536 | $5,094 |
| 2015 | $310,100 | — | $310,100 | $4,939 |
| 2014 | — | — | $310,600 | $4,998 |
| 2013 | — | — | $276,600 | $4,545 |
| 2012 | — | — | $332,900 | $5,235 |
| 2011 | — | — | $423,500 | $6,935 |
| 2010 | — | — | $374,000 | $6,124 |
| 2009 | — | — | $371,730 | $6,126 |
| 2008 | — | — | $461,000 | $7,222 |
Property facts
Year built
1975
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,042 sqft
Lot size
—
ZIP code
33957
City
Sanibel
Street
Middle Gulf Dr
Coordinates
26.43112, -82.05366
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
$5,070
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, 2022 for $845,000.
What is the current tax assessment for 1501 Middle Gulf Dr?
The most recent total assessment for 1501 Middle Gulf Dr (year 2025) is $506,250 with $7,150 in property tax.
How does 1501 Middle Gulf Dr's assessment compare to its last sale price?
The current assessment is 40.1% below the last sale price of $845,000.
When was 1501 Middle Gulf Dr built?
1501 Middle Gulf Dr was built in 1975.
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, 1,042 sqft 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 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