5055 Gulf of Mexico Dr
Longboat Key, FL 34228
3 bd 2 ba 1,484 sqft Built 1973 condos
Most recent sale
$950,000
Jul 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 1, 2022 | Sold | $950,000 | MLS #A4534966 |
| Jun 1, 2022 | Listed | $895,000 | MLS #A4534966 |
| Apr 15, 2020 | Sold | $575,000 | MLS #A4430890 |
| Mar 19, 2019 | Listed | $695,000 | MLS #A4430890 |
| Apr 8, 2004 | Sold | $610,000 | Public Record |
| Mar 24, 1993 | Sold | $250,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $362,950 | — | $362,950 | $13,976 |
| 2023 | $875,500 | — | $875,500 | $13,805 |
| 2021 | $505,000 | — | $505,000 | $8,133 |
| 2020 | $495,000 | — | $495,000 | $8,411 |
| 2019 | $490,000 | — | $490,000 | $8,251 |
| 2018 | $535,000 | — | $535,000 | $9,160 |
| 2017 | $620,000 | — | $620,000 | $9,221 |
| 2016 | $496,600 | — | $496,600 | $8,129 |
| 2015 | $431,850 | — | $431,850 | $7,441 |
| 2014 | — | — | $415,246 | $7,183 |
| 2013 | — | — | $372,780 | $6,220 |
| 2012 | — | — | $338,891 | $5,601 |
| 2011 | — | — | $331,275 | $5,600 |
| 2010 | — | — | $368,114 | $6,134 |
| 2009 | — | — | $541,344 | $9,098 |
| 2008 | — | — | $552,391 | $9,209 |
Property facts
Year built
1973
Property type
condos
Stories
3
Beds
3
Baths
2
Living area
1,484 sqft
Lot size
—
ZIP code
34228
City
Longboat Key
Street
Gulf of Mexico Dr
Coordinates
27.40548, -82.65401
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,700
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5055 Gulf of Mexico Dr last sell?
5055 Gulf of Mexico Dr most recently sold on Jul 1, 2022 for $950,000.
What is the current tax assessment for 5055 Gulf of Mexico Dr?
The most recent total assessment for 5055 Gulf of Mexico Dr (year 2024) is $362,950 with $13,976 in property tax.
How does 5055 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 61.8% below the last sale price of $950,000.
When was 5055 Gulf of Mexico Dr built?
5055 Gulf of Mexico Dr was built in 1973.
How does 5055 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 5055 Gulf of Mexico Dr?
5055 Gulf of Mexico Dr is a 3 bed, 2 bath, 1,484 sqft condos.
Is 5055 Gulf of Mexico Dr a flip candidate?
No — 5055 Gulf of Mexico Dr does not appear in our flips dataset.
Is 5055 Gulf of Mexico Dr a tax-appeal candidate?
No — 5055 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 valuationQuarterly trend
+4.6%
Implied 1-yr
+18.5%
2026 Q3
$2.9M
2026 Q4
$2.9M
ZIP 34228 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Gulf of Mexico Dr