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4860 Gulf of Mexico Dr

Longboat Key, FL 34228

2 bd 2 ba 973 sqft Built 1974 condos
Most recent sale
$500,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 1, 2026 Price changed $505,000 StellarMLS
Jan 2, 2026 Listed $510,000 StellarMLS
Jun 1, 2022 Sold $500,000 MLS #A4530089
Apr 1, 2022 Listed $470,000 MLS #A4530089
Sep 16, 2015 Sold $175,000 MLS #N5763384
May 4, 2015 Sold $235,000 Public Record
Dec 28, 2009 Sold $175,000 Public Record
Nov 30, 2009 Relisted $175,000 MLS #N5763384
Nov 10, 2009 Relisted $175,000 MLS #N5763384
Nov 8, 2009 Price changed $175,000 MLS #N5763384
Sep 11, 2009 Price changed $189,900 MLS #N5763384
Aug 4, 2009 Relisted $199,900 MLS #N5763384
Jul 29, 2009 Price changed $199,900 MLS #N5763384
Jul 24, 2009 Price changed $229,900 MLS #N5763384
May 4, 2009 Price changed $249,900 MLS #N5763384
Apr 29, 2009 Price changed $274,900 MLS #N5763384
Apr 21, 2009 Relisted $299,900 MLS #N5763384
Nov 11, 2008 Listed $175,000 MLS #N5763384
Aug 20, 2008 Listing removed $345,000 StellarMLS
Jun 24, 2008 Listed $345,000 MLS #A386493
Sep 28, 1993 Sold $68,500 Public Record
Mar 1, 1979 Sold $51,900 Public Record
Jun 1, 1978 Sold $38,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $123,463 $123,463 $2,051
2024 $123,463 $123,463 $6,684
2023 $408,000 $408,000 $6,449
2022 $242,050 $3,347
2021 $235,000 $235,000 $3,242
2020 $212,960 $3,771
2019 $193,600 $3,578
2018 $176,000 $176,000 $3,140
2017 $192,000 $192,000 $3,016
2016 $150,000 $150,000 $2,652
2015 $125,000 $125,000 $1,808
2014 $92,926 $1,509
2013 $79,651 $1,329
2012 $131,473 $2,172
2011 $128,501 $2,172
2010 $135,438 $2,256
2009 $147,216 $2,406
2008 $148,396 $2,412
2007 $193,257 $3,162

Property facts

Year built
1974
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
973 sqft
Lot size
ZIP code
34228
City
Longboat Key
Street
Gulf of Mexico Dr
Coordinates
27.40059, -82.64811

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,800
Gross rental yield
4.32%
Implied cap rate
2.81%
Trend-extrapolated value

Frequently asked questions

When did 4860 Gulf of Mexico Dr last sell?
4860 Gulf of Mexico Dr most recently sold on Jun 1, 2022 for $500,000.
What is the current tax assessment for 4860 Gulf of Mexico Dr?
The most recent total assessment for 4860 Gulf of Mexico Dr (year 2025) is $123,463 with $2,051 in property tax.
How does 4860 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 75.3% below the last sale price of $500,000.
When was 4860 Gulf of Mexico Dr built?
4860 Gulf of Mexico Dr was built in 1974.
How does 4860 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 4860 Gulf of Mexico Dr?
4860 Gulf of Mexico Dr is a 2 bed, 2 bath, 973 sqft condos.
Is 4860 Gulf of Mexico Dr a flip candidate?
No — 4860 Gulf of Mexico Dr does not appear in our flips dataset.
Is 4860 Gulf of Mexico Dr a tax-appeal candidate?
No — 4860 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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