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2525 Gulf of Mexico Dr

Longboat Key, FL 34228

2 bd 2 ba 1,468 sqft Built 1972 condos
Most recent sale
$1,950,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $1,950,000 MLS #A4545485
Aug 19, 2022 Listed $1,700,000 MLS #A4545485
Apr 30, 2021 Sold $1,175,000 MLS #A4492904
Oct 7, 2014 Sold $640,000 MLS #A3974931
Jun 3, 2013 Sold $640,000 Public Record
Mar 16, 2013 Price changed $679,000 MLS #A3974931
Mar 8, 2013 Listed $649,000 MLS #A3974931
Oct 20, 2011 Listing removed $48,000 StellarMLS
Sep 8, 2011 Price changed for rent $2,500 StellarMLS
Aug 4, 2011 Listed for rent $4,000 StellarMLS
Dec 23, 2008 Sold $225,500 Public Record
Nov 1, 1972 Sold $57,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,274,200 $1,274,200 $17,180
2023 $1,431,100 $1,431,100 $19,663
2022 $1,145,800 $1,145,800 $16,021
2021 $650,500 $650,500 $9,685
2020 $658,710 $9,483
2019 $643,900 $643,900 $9,039
2018 $612,260 $9,233
2017 $556,600 $556,600 $8,481
2016 $553,700 $553,700 $8,604
2015 $607,592 $9,689
2014 $565,300 $8,902
2013 $442,200 $6,633
2012 $441,000 $6,469
2011 $428,800 $6,195
2010 $462,600 $6,869
2009 $521,000 $7,605
2008 $580,600 $8,134

Property facts

Year built
1972
Property type
condos
Stories
15
Beds
2
Baths
2
Living area
1,468 sqft
Lot size
ZIP code
34228
City
Longboat Key
Street
Gulf of Mexico Dr
Coordinates
27.36458, -82.62431

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
$11,700
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2525 Gulf of Mexico Dr last sell?
2525 Gulf of Mexico Dr most recently sold on Oct 14, 2022 for $1,950,000.
What is the current tax assessment for 2525 Gulf of Mexico Dr?
The most recent total assessment for 2525 Gulf of Mexico Dr (year 2025) is $1,274,200 with $17,180 in property tax.
How does 2525 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 34.7% below the last sale price of $1,950,000.
When was 2525 Gulf of Mexico Dr built?
2525 Gulf of Mexico Dr was built in 1972.
How does 2525 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 2525 Gulf of Mexico Dr?
2525 Gulf of Mexico Dr is a 2 bed, 2 bath, 1,468 sqft condos.
Is 2525 Gulf of Mexico Dr a flip candidate?
Yes — 2525 Gulf of Mexico Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2525 Gulf of Mexico Dr a tax-appeal candidate?
No — 2525 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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