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4500 Gulf of Mexico Dr

Longboat Key, FL 34228

2 bd 2 ba 1,312 sqft Built 1975 Lot 1,132,560 sqft condos
Most recent sale
$585,000
Jul 20, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 23, 2026 Sold $650,000 StellarMLS
Jan 8, 2026 Price changed $695,000 StellarMLS
Dec 12, 2025 Price changed $725,000 StellarMLS
Nov 6, 2025 Price changed $775,000 StellarMLS
Oct 12, 2025 Price changed $795,000 StellarMLS
Sep 10, 2025 Listed $825,000 StellarMLS
Jan 9, 2023 Sold $770,000 StellarMLS
Nov 1, 2022 Listing removed $845,000 StellarMLS
Sep 30, 2022 Listing removed $845,000 StellarMLS
Jul 25, 2022 Listed $845,000 MLS #A4542202
Jul 20, 2021 Sold $585,000 MLS #A4502939
Jun 4, 2021 Listed $585,000 MLS #A4502939
Apr 8, 2005 Sold $505,000 Public Record
Mar 31, 2005 Sold $505,000 MLS #A269593
Jan 11, 2005 Listed $519,000 MLS #A269593
Apr 5, 2004 Sold $345,000 Public Record
Mar 30, 1995 Sold $126,000 Public Record
Jan 1, 1978 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $599,250 $599,250 $8,520
2024 $599,250 $599,250 $11,374
2022 $551,250 $551,250 $8,729
2021 $330,000 $330,000 $5,323
2020 $324,500 $5,542
2019 $295,000 $295,000 $5,051
2018 $315,000 $315,000 $5,447
2017 $336,100 $336,100 $5,175
2016 $290,000 $290,000 $4,723
2015 $244,100 $244,100 $4,053
2014 $231,904 $3,893
2013 $220,918 $3,686
2012 $216,586 $3,579
2011 $238,651 $4,034
2010 $243,161 $4,052
2009 $274,587 $4,488
2008 $276,753 $4,499

Property facts

Year built
1975
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,312 sqft
Lot size
1,132,560 sqft
ZIP code
34228
City
Longboat Key
Street
Gulf of Mexico Dr
Coordinates
27.40059, -82.64811

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
$2,427
Gross rental yield
4.98%
Implied cap rate
3.24%
Trend-extrapolated value

Frequently asked questions

When did 4500 Gulf of Mexico Dr last sell?
4500 Gulf of Mexico Dr most recently sold on Jul 20, 2021 for $585,000.
What is the current tax assessment for 4500 Gulf of Mexico Dr?
The most recent total assessment for 4500 Gulf of Mexico Dr (year 2025) is $599,250 with $8,520 in property tax.
How does 4500 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 2.4% above the last sale price of $585,000.
When was 4500 Gulf of Mexico Dr built?
4500 Gulf of Mexico Dr was built in 1975.
How does 4500 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 4500 Gulf of Mexico Dr?
4500 Gulf of Mexico Dr is a 2 bed, 2 bath, 1,312 sqft, 1,132,560 sqft lot condos.
Is 4500 Gulf of Mexico Dr a flip candidate?
Yes — 4500 Gulf of Mexico Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4500 Gulf of Mexico Dr a tax-appeal candidate?
No — 4500 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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