2425 Gulf of Mexico Dr
Longboat Key, FL 34228
2 bd 2 ba 1,639 sqft Built 1973 condos
Most recent sale
$1,250,000
Jul 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 6, 2025 | Listing removed | $10,900 | StellarMLS |
| Nov 18, 2024 | Price changed for rent | $10,900 | StellarMLS |
| Feb 26, 2024 | Price changed for rent | $12,500 | StellarMLS |
| Jan 29, 2023 | Price changed for rent | $10,900 | StellarMLS |
| Aug 21, 2022 | Listed for rent | $9,800 | StellarMLS |
| Jul 29, 2022 | Sold | $1,250,000 | MLS #A4540354 |
| Jul 8, 2022 | Listed | $1,299,000 | MLS #A4540354 |
| Jun 23, 2022 | Listing removed | $1,496,000 | StellarMLS |
| Jun 8, 2022 | Price changed | $1,496,000 | MLS #A4519776 |
| Jun 2, 2022 | Price changed | $1,497,000 | MLS #A4519776 |
| May 26, 2022 | Price changed | $1,499,000 | MLS #A4519776 |
| May 6, 2022 | Price changed | $1,595,000 | MLS #A4519776 |
| Apr 29, 2022 | Price changed | $1,695,000 | MLS #A4519776 |
| Dec 10, 2021 | Listed | $1,895,000 | MLS #A4519776 |
| Sep 16, 2015 | Sold | $650,000 | MLS #A3892761 |
| Oct 16, 2009 | Sold | $92,857 | Public Record |
| Sep 10, 2009 | Price changed | $725,000 | MLS #A3892761 |
| Aug 17, 2009 | Price changed | $775,000 | MLS #A3892761 |
| Mar 5, 2009 | Relisted | $900,000 | MLS #A3892761 |
| Feb 21, 2009 | Listing removed | $900,000 | StellarMLS |
| Aug 14, 2008 | Listed | $900,000 | MLS #A3892761 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,209,600 | — | $1,209,600 | $16,352 |
| 2023 | $1,155,800 | — | $1,155,800 | $15,957 |
| 2022 | — | — | $590,238 | $11,145 |
| 2021 | — | — | $536,580 | $8,171 |
| 2020 | $487,800 | — | $487,800 | $7,537 |
| 2019 | $613,800 | — | $613,800 | $9,185 |
| 2018 | $589,400 | — | $589,400 | $8,890 |
| 2017 | $543,200 | — | $543,200 | $8,280 |
| 2016 | $543,100 | — | $543,100 | $8,441 |
| 2015 | — | — | $501,787 | $8,247 |
| 2014 | — | — | $456,170 | $7,614 |
| 2013 | — | — | $414,700 | $6,220 |
| 2012 | — | — | $413,500 | $6,065 |
| 2011 | — | — | $498,100 | $7,195 |
| 2010 | — | — | $524,400 | $7,786 |
| 2009 | — | — | $510,900 | $7,457 |
| 2008 | — | — | $666,700 | $9,339 |
| 2007 | — | — | $764,300 | $10,690 |
Property facts
Year built
1973
Property type
condos
Stories
15
Beds
2
Baths
2
Living area
1,639 sqft
Lot size
—
ZIP code
34228
City
Longboat Key
Street
Gulf of Mexico Dr
Coordinates
27.36341, -82.62337
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
$7,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2425 Gulf of Mexico Dr last sell?
2425 Gulf of Mexico Dr most recently sold on Jul 29, 2022 for $1,250,000.
What is the current tax assessment for 2425 Gulf of Mexico Dr?
The most recent total assessment for 2425 Gulf of Mexico Dr (year 2025) is $1,209,600 with $16,352 in property tax.
How does 2425 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 3.2% below the last sale price of $1,250,000.
When was 2425 Gulf of Mexico Dr built?
2425 Gulf of Mexico Dr was built in 1973.
How does 2425 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 2425 Gulf of Mexico Dr?
2425 Gulf of Mexico Dr is a 2 bed, 2 bath, 1,639 sqft condos.
Is 2425 Gulf of Mexico Dr a flip candidate?
No — 2425 Gulf of Mexico Dr does not appear in our flips dataset.
Is 2425 Gulf of Mexico Dr a tax-appeal candidate?
No — 2425 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