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701 Gulf Bay Rd

Longboat Key, FL 34228

4 bd 4 ba 1,800 sqft Built 1968 Lot 8,999 sqft multi_family
Most recent sale
$1,175,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $1,175,000 MLS #A4542482
Jul 28, 2022 Listed $1,295,000 MLS #A4542482
Oct 29, 2021 Listing removed $550,000 StellarMLS
Jan 14, 2021 Sold $395,000 MLS #A4470251

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $527,162 $331,478 $858,640 $13,876
2023 $540,006 $318,729 $858,735 $14,087
2022 $230,698 $179,988 $410,686 $7,316
2021 $208,400 $164,989 $373,389 $6,721
2020 $216,381 $149,990 $366,371 $6,942
2019 $209,890 $149,990 $359,880 $6,870
2018 $199,943 $149,990 $349,933 $6,777
2017 $170,297 $149,990 $320,287 $5,279
2016 $94,618 $300,000 $394,618 $6,233
2015 $90,983 $300,000 $390,983 $5,859
2014 $330,854 $5,204
2013 $267,041 $4,456
2012 $265,419 $4,386
2011 $299,378 $5,061
2010 $317,340 $5,288
2009 $334,375 $5,466
2008 $393,900 $6,404

Property facts

Year built
1968
Property type
multi_family
Stories
1
Beds
4
Baths
4
Living area
1,800 sqft
Lot size
8,999 sqft
ZIP code
34228
City
Longboat Key
Street
Gulf Bay Rd
Coordinates
27.41488, -82.65637

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
$7,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 701 Gulf Bay Rd last sell?
701 Gulf Bay Rd most recently sold on Oct 14, 2022 for $1,175,000.
What is the current tax assessment for 701 Gulf Bay Rd?
The most recent total assessment for 701 Gulf Bay Rd (year 2024) is $858,640 with $13,876 in property tax.
How does 701 Gulf Bay Rd's assessment compare to its last sale price?
The current assessment is 26.9% below the last sale price of $1,175,000.
When was 701 Gulf Bay Rd built?
701 Gulf Bay Rd was built in 1968.
How does 701 Gulf Bay Rd compare to others on Gulf Bay Rd?
We track 5 other properties on Gulf Bay Rd. Browse the list under "Other properties on Gulf Bay Rd" to compare beds, baths, and sale history.
What are the property facts for 701 Gulf Bay Rd?
701 Gulf Bay Rd is a 4 bed, 4 bath, 1,800 sqft, 8,999 sqft lot multi_family.
Is 701 Gulf Bay Rd a flip candidate?
Yes — 701 Gulf Bay Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 701 Gulf Bay Rd a tax-appeal candidate?
No — 701 Gulf Bay Rd 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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