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4725 Gulf of Mexico Dr

Longboat Key, FL 34228

2 bd 2 ba 1,032 sqft Built 1974 Lot 214,751 sqft condos
Most recent sale
$620,000
Feb 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 18, 2023 Listing removed $555,000 StellarMLS
Feb 25, 2022 Sold $620,000 MLS #A4509689
Jan 10, 2022 Price changed $675,000 MLS #A4509689
Oct 29, 2021 Listing removed $500,000 StellarMLS
Aug 27, 2021 Listed $700,000 MLS #A4509689
Feb 12, 2020 Listing removed $649,900 StellarMLS
Oct 2, 2017 Listing removed $555,000 StellarMLS
Apr 2, 2017 Listing removed $555,000 StellarMLS
Apr 2, 2017 Listed $555,000 MLS #A4182464
Oct 24, 2016 Price changed $555,000 MLS #A4163503
Sep 5, 2016 Listed $570,000 MLS #A4163503
Feb 26, 2015 Sold $250,000 MLS #A3953256
Jul 3, 2012 Sold $250,000 Public Record
Apr 16, 2012 Price changed $275,000 MLS #A3953256
Mar 11, 2012 Price changed $289,900 MLS #A3953256
Feb 29, 2012 Relisted $309,900 MLS #A3953256
Feb 24, 2012 Listing removed $309,900 StellarMLS
Dec 16, 2011 Listed $309,900 MLS #A3953256
Jun 1, 2011 Listing removed $399,000 StellarMLS
Dec 16, 2010 Price changed $399,000 MLS #A3910155
Oct 30, 2010 Price changed $433,000 MLS #A3910155
May 19, 2010 Relisted $438,000 MLS #A3910155
May 18, 2010 Listing removed $438,000 StellarMLS
May 16, 2010 Price changed $438,000 MLS #A3910155
Apr 3, 2010 Price changed $483,000 MLS #A3910155
Jul 6, 2009 Listed $499,900 MLS #A3910155
Feb 1, 2007 Listing removed $649,900 StellarMLS
Jan 13, 2006 Listed $649,900 MLS #A297507
Mar 4, 1999 Sold $240,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $249,900 $249,900 $4,083
2024 $249,900 $249,900 $10,996
2023 $565,250 $565,250 $9,184
2021 $375,000 $375,000 $6,300
2020 $375,000 $375,000 $6,643
2019 $372,029 $6,557
2018 $370,000 $370,000 $6,293
2017 $420,000 $420,000 $5,986
2016 $336,000 $336,000 $5,282
2015 $260,900 $260,900 $4,427
2014 $241,501 $4,102
2013 $210,001 $3,504
2012 $245,924 $4,064
2011 $250,936 $4,242
2010 $250,949 $4,181
2009 $285,169 $4,792
2008 $347,717 $5,796
2007 $445,791 $7,463

Property facts

Year built
1974
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,032 sqft
Lot size
214,751 sqft
ZIP code
34228
City
Longboat Key
Street
Gulf of Mexico Dr
Coordinates
27.39995, -82.64953

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
$1,909
Gross rental yield
3.69%
Implied cap rate
2.40%
Trend-extrapolated value

Frequently asked questions

When did 4725 Gulf of Mexico Dr last sell?
4725 Gulf of Mexico Dr most recently sold on Feb 25, 2022 for $620,000.
What is the current tax assessment for 4725 Gulf of Mexico Dr?
The most recent total assessment for 4725 Gulf of Mexico Dr (year 2025) is $249,900 with $4,083 in property tax.
How does 4725 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 59.7% below the last sale price of $620,000.
When was 4725 Gulf of Mexico Dr built?
4725 Gulf of Mexico Dr was built in 1974.
How does 4725 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 4725 Gulf of Mexico Dr?
4725 Gulf of Mexico Dr is a 2 bed, 2 bath, 1,032 sqft, 214,751 sqft lot condos.
Is 4725 Gulf of Mexico Dr a flip candidate?
No — 4725 Gulf of Mexico Dr does not appear in our flips dataset.
Is 4725 Gulf of Mexico Dr a tax-appeal candidate?
No — 4725 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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