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1605 Middle Gulf Dr

Sanibel, FL 33957

2 bd 2 ba 1,802 sqft Built 1981 Lot 6,865 sqft condos
Most recent sale
$1,450,000
Feb 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 10, 2022 Sold $1,450,000 Public Record
Jan 24, 2022 Sold $1,450,000 MLS #221078927
Nov 24, 2021 Listed $1,459,000 MLS #221078927
Nov 22, 2021 Price changed $1,459,000 MLS #2210838
Nov 9, 2021 Listed $1,495,900 MLS #2210838
Jul 30, 2021 Sold $1,385,000 Public Record
Apr 28, 2021 Listed $1,385,000 MLS #2210372
Jan 25, 2018 Price changed $1,225,000 MLS #2170658
Jun 19, 2017 Listed $1,250,000 MLS #217040911
Feb 20, 2006 Sold $1,035,000 Public Record
Jun 1, 1981 Sold $319,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $983,044 $983,044 $13,867
2024 $983,044 $983,044 $1,677
2023 $208,323 $208,323 $3,011
2021 $1,234,655 $1,234,655 $11,902
2020 $825,265 $825,265 $11,906
2019 $916,513 $916,513 $13,326
2018 $1,027,948 $1,027,948 $15,265
2017 $1,035,215 $1,035,215 $15,144
2016 $976,323 $976,323 $14,276
2015 $798,300 $798,300 $12,695
2014 $764,200 $12,286
2013 $716,900 $11,769
2012 $706,200 $11,098
2011 $771,900 $12,670
2010 $685,900 $11,217
2009 $700,550 $11,529
2008 $826,000 $12,927

Property facts

Year built
1981
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,802 sqft
Lot size
6,865 sqft
ZIP code
33957
City
Sanibel
Street
Middle Gulf Dr
Coordinates
26.42914, -82.05765

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
$8,700
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 Feb 10, 2022 for $1,450,000.
What is the current tax assessment for 1605 Middle Gulf Dr?
The most recent total assessment for 1605 Middle Gulf Dr (year 2025) is $983,044 with $13,867 in property tax.
How does 1605 Middle Gulf Dr's assessment compare to its last sale price?
The current assessment is 32.2% below the last sale price of $1,450,000.
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 2 bed, 2 bath, 1,802 sqft, 6,865 sqft lot 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 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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