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1281 Gulf of Mexico Dr

Longboat Key, FL 34228

2 bd 3 ba 1,827 sqft Built 1999 condo
Most recent sale
$1,250,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $1,250,000 MLS #J948437
Jul 31, 2020 Sold $700,000 MLS #A4459125
Jul 21, 1999 Sold $540,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $961,100 $961,100 $12,522
2021 $576,000 $576,000 $8,634
2020 $542,900 $542,900 $8,359
2019 $501,253 $6,990
2018 $491,907 $6,900
2017 $481,789 $6,794
2016 $471,880 $6,778
2015 $468,600 $468,600 $6,723
2014 $629,297 $10,237
2013 $572,088 $8,608
2012 $520,080 $7,657
2011 $472,800 $6,830
2010 $707,700 $10,509
2009 $719,800 $10,506
2008 $877,600 $12,294

Property facts

Year built
1999
Property type
condo
Stories
1
Beds
2
Baths
3
Living area
1,827 sqft
Lot size
ZIP code
34228
City
Longboat Key
Street
Gulf of Mexico Dr
Coordinates
27.34922, -82.60916

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
$7,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1281 Gulf of Mexico Dr last sell?
1281 Gulf of Mexico Dr most recently sold on Jun 15, 2022 for $1,250,000.
What is the current tax assessment for 1281 Gulf of Mexico Dr?
The most recent total assessment for 1281 Gulf of Mexico Dr (year 2023) is $961,100 with $12,522 in property tax.
How does 1281 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 23.1% below the last sale price of $1,250,000.
When was 1281 Gulf of Mexico Dr built?
1281 Gulf of Mexico Dr was built in 1999.
How does 1281 Gulf of Mexico Dr compare to others on Gulf of Mexico Dr?
We track 8 other properties on Gulf of Mexico Dr. Browse the list under "Other properties on Gulf of Mexico Dr" to compare beds, baths, and sale history.
What are the property facts for 1281 Gulf of Mexico Dr?
1281 Gulf of Mexico Dr is a 2 bed, 3 bath, 1,827 sqft condo.
Is 1281 Gulf of Mexico Dr a flip candidate?
Yes — 1281 Gulf of Mexico Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1281 Gulf of Mexico Dr a tax-appeal candidate?
No — 1281 Gulf of Mexico 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
+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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