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4500 Gulf of Mexico Dr

Longboat Key, FL 34228

2 bd 2 ba 1,561 sqft Built 1975 Lot 1,143,886 sqft condos
Most recent sale
$850,000
May 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 3, 2022 Sold $850,000 MLS #U8158866
Apr 14, 2022 Listed $799,000 MLS #U8158866
Aug 30, 2019 Sold $495,000 MLS #A4428829
Apr 11, 2019 Relisted $529,000 MLS #A4428829
Mar 1, 2019 Listing removed $549,000 StellarMLS
Feb 28, 2019 Listed $549,000 MLS #A4428829
May 30, 2018 Sold $300,000 MLS #A4211441
Apr 6, 2018 Price changed $350,000 MLS #A4211441
Mar 12, 2018 Price changed $375,000 MLS #A4211441
Feb 23, 2018 Listed $395,000 MLS #A4211441
Jan 1, 1978 Sold $56,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $522,750 $522,750 $8,016
2024 $522,750 $522,750 $9,957
2023 $612,000 $612,000 $9,605
2022 $390,500 $6,926
2021 $355,000 $355,000 $5,749
2020 $345,000 $345,000 $5,878
2019 $340,000 $340,000 $5,828
2018 $176,418 $2,541
2017 $172,789 $2,332
2016 $169,235 $2,326
2015 $168,059 $2,142
2014 $166,725 $2,143
2013 $164,261 $2,095
2012 $161,515 $2,032
2011 $156,811 $2,004
2010 $154,494 $1,931
2009 $150,432 $1,830
2008 $150,282 $1,814
2007 $145,905 $1,978

Property facts

Year built
1975
Property type
condos
Stories
3
Beds
2
Baths
2
Living area
1,561 sqft
Lot size
1,143,886 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
$2,888
Gross rental yield
4.08%
Implied cap rate
2.65%
Trend-extrapolated value

Frequently asked questions

When did 4500 Gulf of Mexico Dr last sell?
4500 Gulf of Mexico Dr most recently sold on May 3, 2022 for $850,000.
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 $522,750 with $8,016 in property tax.
How does 4500 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 38.5% below the last sale price of $850,000.
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, 1,561 sqft, 1,143,886 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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