1605 Middle Gulf Dr
Sanibel, FL 33957
3 bd 3 ba 2,298 sqft Built 1981 condos
Most recent sale
$2,350,000
Jun 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 21, 2022 | Sold | $2,350,000 | Public Record |
| Jun 20, 2022 | Sold | $2,350,000 | MLS #222036274 |
| May 27, 2022 | Price changed | $2,495,000 | MLS #222036274 |
| May 13, 2022 | Listed | $2,695,000 | MLS #2220369 |
| Dec 3, 1991 | Sold | $545,000 | Public Record |
| Oct 1, 1986 | Sold | $375,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,573,008 | — | $1,573,008 | $22,179 |
| 2024 | $1,573,008 | — | $1,573,008 | $1,677 |
| 2023 | $208,323 | — | $208,323 | $3,011 |
| 2020 | $1,295,230 | — | $1,295,230 | $18,676 |
| 2019 | $1,245,165 | — | $1,245,165 | $18,099 |
| 2018 | $1,396,975 | — | $1,396,975 | $20,739 |
| 2017 | $1,426,045 | — | $1,426,045 | $21,091 |
| 2016 | $1,354,930 | — | $1,354,930 | $19,943 |
| 2015 | $1,122,600 | — | $1,122,600 | $17,848 |
| 2014 | — | — | $1,072,300 | $17,062 |
| 2013 | — | — | $956,400 | $15,699 |
| 2012 | — | — | $919,900 | $14,455 |
| 2011 | — | — | $1,254,300 | $19,172 |
| 2010 | — | — | $968,100 | $15,825 |
| 2009 | — | — | $890,450 | $14,650 |
| 2008 | — | — | $1,272,000 | $19,897 |
Property facts
Year built
1981
Property type
condos
Stories
—
Beds
3
Baths
3
Living area
2,298 sqft
Lot size
—
ZIP code
33957
City
Sanibel
Street
Middle Gulf Dr
Coordinates
26.42990, -82.05486
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
$14,100
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1605 Middle Gulf Dr last sell?
1605 Middle Gulf Dr most recently sold on Jun 21, 2022 for $2,350,000.
What is the current tax assessment for 1605 Middle Gulf Dr?
The most recent total assessment for 1605 Middle Gulf Dr (year 2025) is $1,573,008 with $22,179 in property tax.
How does 1605 Middle Gulf Dr's assessment compare to its last sale price?
The current assessment is 33.1% below the last sale price of $2,350,000.
When was 1605 Middle Gulf Dr built?
1605 Middle Gulf Dr was built in 1981.
How does 1605 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 1605 Middle Gulf Dr?
1605 Middle Gulf Dr is a 3 bed, 3 bath, 2,298 sqft condos.
Is 1605 Middle Gulf Dr a flip candidate?
No — 1605 Middle Gulf Dr does not appear in our flips dataset.
Is 1605 Middle Gulf Dr a tax-appeal candidate?
No — 1605 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