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2525 Gulf of Mexico Dr

Longboat Key, FL 34228

2 bd 2 ba 1,491 sqft Built 1972 condos
Most recent sale
$1,215,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $1,215,000 MLS #A4534602
Jun 7, 2022 Price changed $1,259,000 MLS #A4534602
May 22, 2022 Price changed $1,299,000 MLS #A4534602
May 9, 2022 Listed $1,349,000 MLS #A4534602
Aug 8, 2021 Listed for rent $5,000 Avail
Jun 24, 2021 Listed for rent $5,000 Avail
May 3, 2021 Sold $864,000 MLS #A4493867
Sep 18, 2015 Sold $570,000 MLS #A4116689
Jun 11, 2015 Listed $585,000 MLS #A4116689
Jun 1, 1975 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,036,000 $1,036,000 $13,776
2023 $971,100 $971,100 $13,182
2022 $844,600 $844,600 $11,103
2021 $447,300 $447,300 $6,497
2020 $422,300 $422,300 $6,294
2019 $513,400 $513,400 $7,460
2018 $492,300 $492,300 $7,204
2017 $452,500 $452,500 $6,737
2016 $452,400 $452,400 $6,871
2015 $372,600 $372,600 $5,818
2014 $481,000 $7,574
2013 $451,400 $6,771
2012 $450,200 $6,604
2011 $454,000 $6,559
2010 $489,700 $7,272
2009 $551,400 $8,048
2008 $614,600 $8,610

Property facts

Year built
1972
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,491 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
$7,290
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 Jul 22, 2022 for $1,215,000.
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 $1,036,000 with $13,776 in property tax.
How does 2525 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 14.7% below the last sale price of $1,215,000.
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, 1,491 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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