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541 Forest Way

Longboat Key, FL 34228

2 bd 3 ba 1,440 sqft Built 1990 condos
Most recent sale
$635,000
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $635,000 MLS #A4534165
May 4, 2022 Listed $635,000 MLS #A4534165
Sep 16, 2016 Sold $345,000 MLS #A4145691
Aug 1, 2016 Relisted $345,000 MLS #A4145691
Jul 30, 2016 Listing removed $345,000 StellarMLS
Feb 11, 2016 Listed $345,000 MLS #A4145691
Sep 16, 2015 Sold $330,000 MLS #A3905961
Apr 6, 2009 Listed $375,000 MLS #A3905961
Sep 14, 1998 Sold $165,000 Public Record
Feb 19, 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 $3,274
2024 $207,060 $207,060 $8,441
2023 $514,250 $514,250 $8,053
2021 $275,000 $275,000 $4,454
2020 $265,000 $265,000 $4,517
2019 $242,000 $4,329
2018 $220,000 $220,000 $3,853
2017 $210,500 $210,500 $3,542
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
condos
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
5.03%
Implied cap rate
3.27%
Trend-extrapolated value

Frequently asked questions

When did 541 Forest Way last sell?
541 Forest Way most recently sold on Jun 28, 2022 for $635,000.
What is the current tax assessment for 541 Forest Way?
The most recent total assessment for 541 Forest Way (year 2025) is $207,060 with $3,274 in property tax.
How does 541 Forest Way's assessment compare to its last sale price?
The current assessment is 67.4% below the last sale price of $635,000.
When was 541 Forest Way built?
541 Forest Way was built in 1990.
How does 541 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 541 Forest Way?
541 Forest Way is a 2 bed, 3 bath, 1,440 sqft condos.
Is 541 Forest Way a flip candidate?
No — 541 Forest Way does not appear in our flips dataset.
Is 541 Forest Way a tax-appeal candidate?
No — 541 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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