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1605 Middle Gulf Dr

Sanibel, FL 33957

2 bd 2 ba 1,641 sqft Built 1981 condo
Most recent sale
$1,330,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 16, 2024 Sold $1,397,000 Public Record
Aug 18, 2022 Sold $1,330,000 Public Record
Jul 29, 2022 Sold $1,330,000 MLS #221082166
Feb 20, 2022 Price changed $1,499,000 MLS #221082166
Jan 22, 2022 Price changed $1,549,000 MLS #221082166
Jan 21, 2022 Price changed $1,549,000 MLS #2210891
Dec 20, 2021 Price changed $1,599,900 MLS #2210891
Nov 30, 2021 Listed $1,649,000 MLS #221082166
Nov 24, 2021 Listing removed $1,495,000 BonitaSprings
Nov 23, 2021 Listed $1,649,000 MLS #2210891
Nov 23, 2021 Listing removed $1,495,000 BonitaSprings
Aug 24, 2021 Listed $1,495,000 MLS #221061522
Feb 5, 1997 Sold $578,500 Public Record
Oct 1, 1992 Sold $440,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,030,052 $1,030,052 $14,529
2024 $1,030,052 $1,030,052 $1,677
2023 $208,323 $208,323 $3,011
2021 $1,062,474 $13,750
2020 $953,658 $953,658 $13,755
2019 $917,320 $917,320 $13,337
2018 $1,028,755 $1,028,755 $15,277
2017 $1,035,215 $1,035,215 $15,477
2016 $977,538 $977,538 $14,586
2015 $830,700 $830,700 $13,210
2014 $817,800 $13,147
2013 $768,300 $12,612
2012 $706,200 $11,098
2011 $771,900 $12,670
2010 $685,900 $11,216
2009 $700,550 $11,529
2008 $876,000 $13,708
2007 $902,000 $14,178

Property facts

Year built
1981
Property type
condo
Stories
3
Beds
2
Baths
2
Living area
1,641 sqft
Lot size
ZIP code
33957
City
Sanibel
Street
Middle Gulf Dr
Coordinates
26.42983, -82.05607

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
$7,980
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 Jul 29, 2022 for $1,330,000.
What is the current tax assessment for 1605 Middle Gulf Dr?
The most recent total assessment for 1605 Middle Gulf Dr (year 2025) is $1,030,052 with $14,529 in property tax.
How does 1605 Middle Gulf Dr's assessment compare to its last sale price?
The current assessment is 22.6% below the last sale price of $1,330,000.
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, 1,641 sqft condo.
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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