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2721 Gulf of Mexico Dr

Longboat Key, FL 34228

1 bd 1 ba 675 sqft Built 1970 Lot 48,352 sqft condos
Most recent sale
$489,000
Mar 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 24, 2023 Sold $475,000 StellarMLS
Jan 20, 2023 Price changed $498,500 StellarMLS
Dec 9, 2022 Price changed $499,500 StellarMLS
Nov 16, 2022 Listed $519,900 StellarMLS
Mar 4, 2022 Sold $489,000 MLS #A4518112
Nov 19, 2021 Listed $489,000 MLS #A4518112
Feb 12, 2020 Listing removed $439,000 StellarMLS
Aug 31, 2007 Sold $295,000 MLS #A323172
Aug 30, 2006 Listed $350,000 MLS #A323172
Aug 14, 2006 Listing removed $439,000 StellarMLS
Mar 13, 2006 Listed $439,000 MLS #A305087
Mar 13, 2006 Listing removed $465,000 StellarMLS
Sep 12, 2005 Listed $465,000 MLS #A286032
Jan 7, 2005 Sold $391,000 MLS #A277517
Nov 22, 2004 Listed $399,900 MLS #A277517
Sep 5, 2003 Sold $210,000 Public Record
May 17, 2001 Sold $175,000 Public Record
Dec 1, 1970 Sold $26,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $383,300 $383,300 $5,497
2023 $371,800 $371,800 $5,447
2021 $230,500 $230,500 $3,748
2020 $217,200 $217,200 $3,638
2019 $238,000 $238,000 $3,858
2018 $220,770 $3,679
2017 $200,700 $200,700 $3,181
2016 $200,700 $200,700 $3,241
2015 $191,600 $191,600 $2,992
2014 $176,880 $2,797
2013 $160,800 $2,412
2012 $163,600 $2,400
2011 $165,800 $2,395
2010 $171,900 $2,553
2009 $196,200 $2,864
2008 $275,000 $3,853

Property facts

Year built
1970
Property type
condos
Stories
5
Beds
1
Baths
1
Living area
675 sqft
Lot size
48,352 sqft
ZIP code
34228
City
Longboat Key
Street
Gulf of Mexico Dr
Coordinates
27.36620, -82.62609

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
$2,934
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2721 Gulf of Mexico Dr last sell?
2721 Gulf of Mexico Dr most recently sold on Mar 4, 2022 for $489,000.
What is the current tax assessment for 2721 Gulf of Mexico Dr?
The most recent total assessment for 2721 Gulf of Mexico Dr (year 2025) is $383,300 with $5,497 in property tax.
How does 2721 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 21.6% below the last sale price of $489,000.
When was 2721 Gulf of Mexico Dr built?
2721 Gulf of Mexico Dr was built in 1970.
How does 2721 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 2721 Gulf of Mexico Dr?
2721 Gulf of Mexico Dr is a 1 bed, 1 bath, 675 sqft, 48,352 sqft lot condos.
Is 2721 Gulf of Mexico Dr a flip candidate?
No — 2721 Gulf of Mexico Dr does not appear in our flips dataset.
Is 2721 Gulf of Mexico Dr a tax-appeal candidate?
No — 2721 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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