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513 Forest Way

Longboat Key, FL 34228

2 bd 3 ba 1,440 sqft Built 1990 townhomes
Most recent sale
$645,000
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 20, 2024 Listing removed $6,500 StellarMLS
Sep 26, 2022 Price changed for rent $6,500 StellarMLS
Sep 21, 2022 Listed for rent $1,750 StellarMLS
Jul 14, 2022 Sold $645,000 MLS #A4537104
May 31, 2022 Listed $640,000 MLS #A4537104
Oct 29, 2021 Listing removed $2,500 StellarMLS
Oct 2, 2020 Sold $326,000 MLS #A4468321
Jun 1, 2020 Listed $335,000 MLS #A4468321
Mar 20, 2017 Listed for rent $2,500 StellarMLS
Sep 16, 2015 Sold $168,000 MLS #M5826569
Oct 23, 2012 Sold $168,000 Public Record
Aug 22, 2012 Price changed $190,000 MLS #M5826569
Jan 10, 2012 Listed $260,000 MLS #M5826569
Apr 2, 2004 Sold $286,500 Public Record
Oct 10, 2001 Sold $227,000 Public Record
Aug 23, 1999 Sold $190,000 Public Record
Jun 18, 1992 Sold $180,000 Public Record
Jul 23, 1990 Sold $1,190,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $207,060 $207,060 $3,493
2024 $207,060 $207,060 $8,660
2023 $514,250 $514,250 $8,272
2021 $275,000 $275,000 $4,664
2020 $265,000 $265,000 $4,736
2019 $242,000 $4,548
2018 $220,000 $220,000 $4,070
2017 $210,500 $210,500 $3,507
2016 $187,900 $187,900 $3,249
2015 $187,900 $187,900 $2,990
2014 $158,106 $2,654
2013 $153,501 $2,561
2012 $185,646 $3,068
2011 $173,501 $2,933
2010 $217,036 $3,617
2009 $226,283 $3,699
2008 $309,977 $5,039

Property facts

Year built
1990
Property type
townhomes
Stories
3
Beds
2
Baths
3
Living area
1,440 sqft
Lot size
ZIP code
34228
City
Longboat Key
Street
Forest Way
Coordinates
27.41615, -82.66186

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
$2,664
Gross rental yield
4.96%
Implied cap rate
3.22%
Trend-extrapolated value

Frequently asked questions

When did 513 Forest Way last sell?
513 Forest Way most recently sold on Jul 14, 2022 for $645,000.
What is the current tax assessment for 513 Forest Way?
The most recent total assessment for 513 Forest Way (year 2025) is $207,060 with $3,493 in property tax.
How does 513 Forest Way's assessment compare to its last sale price?
The current assessment is 67.9% below the last sale price of $645,000.
When was 513 Forest Way built?
513 Forest Way was built in 1990.
How does 513 Forest Way compare to others on Forest Way?
We track 8 other properties on Forest Way. Browse the list under "Other properties on Forest Way" to compare beds, baths, and sale history.
What are the property facts for 513 Forest Way?
513 Forest Way is a 2 bed, 3 bath, 1,440 sqft townhomes.
Is 513 Forest Way a flip candidate?
Yes — 513 Forest Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 513 Forest Way a tax-appeal candidate?
No — 513 Forest Way 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
+4.6%
Implied 1-yr
+18.5%
2026 Q3
$2.9M
2026 Q4
$2.9M
ZIP 34228 — Median Price History + Forecast

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