1485 Gulf of Mexico Dr
Longboat Key, FL 34228
2 bd 3 ba 1,569 sqft Built 1981 Lot 6,970 sqft condos
Most recent sale
$1,500,000
Mar 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 22, 2022 | Sold | $1,500,000 | MLS #A4525462 |
| Feb 16, 2022 | Listed | $1,599,000 | MLS #A4525462 |
| Sep 30, 2020 | Sold | $500,000 | MLS #A4473063 |
| Mar 6, 1998 | Sold | $360,000 | Public Record |
| Nov 1, 1990 | Sold | $235,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $950,200 | — | $950,200 | $12,903 |
| 2023 | $1,122,600 | — | $1,122,600 | $15,506 |
| 2021 | $395,200 | — | $395,200 | $6,008 |
| 2020 | $384,300 | — | $384,300 | $5,995 |
| 2019 | $452,700 | — | $452,700 | $6,845 |
| 2018 | $433,900 | — | $433,900 | $6,615 |
| 2017 | $433,900 | — | $433,900 | $6,653 |
| 2016 | $412,800 | — | $412,800 | $6,462 |
| 2015 | $406,700 | — | $406,700 | $6,351 |
| 2014 | — | — | $416,400 | $6,557 |
| 2013 | — | — | $520,100 | $7,802 |
| 2012 | — | — | $518,100 | $7,600 |
| 2011 | — | — | $577,300 | $8,340 |
| 2010 | — | — | $527,700 | $7,836 |
| 2009 | — | — | $571,000 | $8,334 |
| 2008 | — | — | $655,700 | $9,186 |
Property facts
Year built
1981
Property type
condos
Stories
1
Beds
2
Baths
3
Living area
1,569 sqft
Lot size
6,970 sqft
ZIP code
34228
City
Longboat Key
Street
Gulf of Mexico Dr
Coordinates
27.35057, -82.61058
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$9,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1485 Gulf of Mexico Dr last sell?
1485 Gulf of Mexico Dr most recently sold on Mar 22, 2022 for $1,500,000.
What is the current tax assessment for 1485 Gulf of Mexico Dr?
The most recent total assessment for 1485 Gulf of Mexico Dr (year 2025) is $950,200 with $12,903 in property tax.
How does 1485 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 36.7% below the last sale price of $1,500,000.
When was 1485 Gulf of Mexico Dr built?
1485 Gulf of Mexico Dr was built in 1981.
How does 1485 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 1485 Gulf of Mexico Dr?
1485 Gulf of Mexico Dr is a 2 bed, 3 bath, 1,569 sqft, 6,970 sqft lot condos.
Is 1485 Gulf of Mexico Dr a flip candidate?
Yes — 1485 Gulf of Mexico Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1485 Gulf of Mexico Dr a tax-appeal candidate?
No — 1485 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 valuationQuarterly trend
+4.6%
Implied 1-yr
+18.5%
2026 Q3
$2.9M
2026 Q4
$2.9M
ZIP 34228 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Gulf of Mexico Dr