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3806 Gulf of Mexico Dr

Longboat Key, FL 34228

2 bd 2 ba 1,027 sqft Built 1970 Lot 263,538 sqft condos
Most recent sale
$450,000
Jun 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 9, 2022 Sold $450,000 MLS #A4526865
May 5, 2022 Relisted $499,000 MLS #A4526865
Apr 15, 2022 Listing removed $499,000 StellarMLS
Aug 8, 2000 Sold $115,000 Public Record
Mar 1, 1973 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $266,500 $266,500 $3,632
2023 $383,000 $383,000 $5,207
2021 $155,665 $1,835
2020 $153,516 $1,844
2019 $150,065 $1,781
2018 $147,267 $1,746
2017 $144,238 $1,731
2016 $141,271 $1,718
2015 $140,289 $1,548
2014 $139,176 $1,542
2013 $137,119 $1,506
2012 $134,827 $1,440
2011 $130,900 $1,360
2010 $128,966 $1,370
2009 $125,575 $1,254
2008 $125,450 $1,202

Property facts

Year built
1970
Property type
condos
Stories
4
Beds
2
Baths
2
Living area
1,027 sqft
Lot size
263,538 sqft
ZIP code
34228
City
Longboat Key
Street
Gulf of Mexico Dr
Coordinates
27.38243, -82.63803

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
$1,900
Gross rental yield
5.07%
Implied cap rate
3.29%
Trend-extrapolated value

Frequently asked questions

When did 3806 Gulf of Mexico Dr last sell?
3806 Gulf of Mexico Dr most recently sold on Jun 9, 2022 for $450,000.
What is the current tax assessment for 3806 Gulf of Mexico Dr?
The most recent total assessment for 3806 Gulf of Mexico Dr (year 2025) is $266,500 with $3,632 in property tax.
How does 3806 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 40.8% below the last sale price of $450,000.
When was 3806 Gulf of Mexico Dr built?
3806 Gulf of Mexico Dr was built in 1970.
How does 3806 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 3806 Gulf of Mexico Dr?
3806 Gulf of Mexico Dr is a 2 bed, 2 bath, 1,027 sqft, 263,538 sqft lot condos.
Is 3806 Gulf of Mexico Dr a flip candidate?
No — 3806 Gulf of Mexico Dr does not appear in our flips dataset.
Is 3806 Gulf of Mexico Dr a tax-appeal candidate?
No — 3806 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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