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4540 Gulf of Mexico Dr

Longboat Key, FL 34228

2 bd 2 ba 1,096 sqft Built 1975 condos
Most recent sale
$633,000
Mar 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 21, 2022 Sold $633,000 MLS #A4522535
Feb 2, 2022 Price changed $675,000 MLS #A4522535
Jan 19, 2022 Listed $700,000 MLS #A4522535
Oct 29, 2021 Listing removed $3,500 StellarMLS
Feb 19, 2017 Listed for rent $3,500 StellarMLS
Jan 1, 2017 Listing removed $2,700 StellarMLS
Oct 14, 2016 Price changed for rent $2,700 StellarMLS
Jul 5, 2016 Listed for rent $2,200 StellarMLS
May 31, 2016 Listing removed $4,200 StellarMLS
Dec 13, 2015 Price changed for rent $4,200 StellarMLS
Oct 19, 2015 Price changed for rent $4,500 StellarMLS
Oct 5, 2015 Price changed for rent $3,500 StellarMLS
Sep 11, 2015 Price changed for rent $2,000 StellarMLS
Aug 11, 2015 Price changed for rent $3,500 StellarMLS
May 14, 2015 Price changed for rent $1,700 StellarMLS
May 4, 2015 Listed for rent $3,500 StellarMLS
Mar 13, 2015 Sold $249,900 MLS #M5843015
Nov 19, 2014 Price changed $249,900 MLS #M5843015
Jun 23, 2014 Price changed $254,900 MLS #M5843015
Jun 12, 2014 Price changed $265,000 MLS #M5843015
Jan 8, 2014 Listed $290,000 MLS #M5843015
Jun 22, 1999 Sold $157,500 Public Record
Apr 8, 1997 Sold $112,500 Public Record
Jan 1, 1978 Sold $45,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $497,250 $497,250 $7,638
2024 $497,250 $497,250 $9,450
2023 $578,000 $578,000 $9,085
2021 $330,000 $330,000 $5,362
2020 $324,500 $5,583
2019 $295,000 $295,000 $5,091
2018 $315,000 $315,000 $5,465
2017 $315,250 $315,250 $2,800
2016 $258,400 $258,400 $3,261
2015 $187,387 $2,463
2014 $185,900 $2,465
2013 $183,153 $2,411
2012 $180,091 $2,339
2011 $200,101 $2,736
2010 $204,191 $2,759
2009 $249,013 $3,441
2008 $250,923 $3,450
2007 $253,519 $3,739

Property facts

Year built
1975
Property type
condos
Stories
4
Beds
2
Baths
2
Living area
1,096 sqft
Lot size
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
$2,028
Gross rental yield
3.84%
Implied cap rate
2.50%
Trend-extrapolated value

Frequently asked questions

When did 4540 Gulf of Mexico Dr last sell?
4540 Gulf of Mexico Dr most recently sold on Mar 21, 2022 for $633,000.
What is the current tax assessment for 4540 Gulf of Mexico Dr?
The most recent total assessment for 4540 Gulf of Mexico Dr (year 2025) is $497,250 with $7,638 in property tax.
How does 4540 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 21.4% below the last sale price of $633,000.
When was 4540 Gulf of Mexico Dr built?
4540 Gulf of Mexico Dr was built in 1975.
How does 4540 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 4540 Gulf of Mexico Dr?
4540 Gulf of Mexico Dr is a 2 bed, 2 bath, 1,096 sqft condos.
Is 4540 Gulf of Mexico Dr a flip candidate?
No — 4540 Gulf of Mexico Dr does not appear in our flips dataset.
Is 4540 Gulf of Mexico Dr a tax-appeal candidate?
No — 4540 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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