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1501 Middle Gulf Dr

Sanibel, FL 33957

1 bd 1 ba 728 sqft Built 1975 Lot 4,614 sqft condo
Most recent sale
$500,000
Aug 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2022 Listed $850,000 MLS #2220552
Aug 30, 2021 Sold $500,000 MLS #221051880
Jul 14, 2021 Listed $499,000 MLS #2210563
Sep 30, 2019 Sold $435,000 MLS #219001037
Apr 10, 2019 Price changed $465,900 MLS #2190028
Feb 14, 2019 Price changed $469,000 MLS #219001037
Jan 31, 2019 Price changed $479,000 MLS #219001037
Jan 4, 2019 Listed $489,000 MLS #219001037
Dec 18, 2018 Listed $489,000 MLS #2190028
Nov 14, 2014 Sold $314,000 MLS #201217662
Oct 14, 2014 Price changed $337,500 MLS #2120562
Sep 18, 2014 Price changed $345,000 MLS #2120562
Jun 3, 2014 Price changed $349,500 MLS #2120562
Apr 7, 2014 Price changed $375,000 MLS #2120562
Mar 10, 2013 Price changed $385,000 MLS #2120562
Jan 17, 2013 Price changed $396,000 MLS #2120562
Dec 5, 2012 Price changed $469,000 MLS #2120562
May 2, 2012 Listed $385,000 MLS #201217662
Mar 11, 2012 Price changed $485,000 MLS #201200228
Jan 3, 2012 Listed $499,000 MLS #201200228
Jan 1, 2012 Listed $499,000 MLS #2901334
Dec 29, 2009 Listed $499,000 MLS #201100254
Mar 6, 2006 Sold $635,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $349,964 $349,964 $447
2024 $349,964 $349,964 $448
2023 $54,070 $54,070 $794
2021 $454,467 $454,467 $5,215
2020 $338,343 $338,343 $4,890
2019 $325,423 $325,423 $4,742
2017 $285,048 $285,048 $4,232
2016 $247,242 $247,242 $3,837
2015 $283,400 $283,400 $4,515
2014 $235,800 $3,796
2013 $223,600 $3,675
2012 $273,700 $4,305
2011 $270,300 $4,498
2010 $305,800 $5,010
2009 $383,460 $6,319
2008 $403,000 $6,316

Property facts

Year built
1975
Property type
condo
Stories
4
Beds
1
Baths
1
Living area
728 sqft
Lot size
4,614 sqft
ZIP code
33957
City
Sanibel
Street
Middle Gulf Dr
Coordinates
26.43122, -82.05260

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 Aug 30, 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 $349,964 with $447 in property tax.
How does 1501 Middle Gulf Dr's assessment compare to its last sale price?
The current assessment is 30.0% below the last sale price of $500,000.
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 1 bed, 1 bath, 728 sqft, 4,614 sqft lot 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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