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5320 Gulf of Mexico Dr

Longboat Key, FL 34228

2 bd 2 ba 1,323 sqft Built 1981 condo
Most recent sale
$780,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $780,000 MLS #J946621
Oct 8, 2020 Sold $487,500 MLS #A4450843
Jun 18, 2020 Price changed $500,000 MLS #A4450843
Feb 18, 2020 Price changed $510,000 MLS #A4450843
Jan 2, 2020 Price changed $525,000 MLS #A4450843
Nov 15, 2019 Listing removed $499,000 StellarMLS
Nov 6, 2019 Listed $539,000 MLS #A4450843
Apr 4, 2019 Price changed $499,000 MLS #A4404290
Mar 25, 2019 Price changed $519,000 MLS #A4404290
Feb 4, 2019 Price changed $549,000 MLS #A4404290
Oct 1, 2018 Price changed $569,000 MLS #A4404290
May 25, 2018 Listed $589,000 MLS #A4404290
Sep 16, 2015 Sold $425,000 MLS #A3893493
Jul 23, 2009 Sold $425,000 Public Record
May 18, 2009 Relisted $500,000 MLS #A3893493
Aug 28, 2008 Listed $600,000 MLS #A3893493
Feb 1, 2008 Listing removed $650,000 StellarMLS
Jan 31, 2008 Listed $600,000 MLS #A374924
Jul 9, 2007 Listed $650,000 MLS #M558828
Dec 5, 2005 Listed $799,000 MLS #A293788
Mar 3, 1998 Sold $158,000 Public Record
May 14, 1991 Sold $135,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $205,335 $205,335 $2,724
2024 $205,335 $205,335 $9,567
2023 $663,000 $663,000 $10,391
2021 $440,000 $440,000 $7,073
2020 $425,264 $7,296
2019 $386,604 $6,945
2018 $405,000 $405,000 $6,492
2017 $400,500 $400,500 $5,832
2016 $370,900 $370,900 $5,495
2015 $289,900 $289,900 $4,573
2014 $252,001 $4,117
2013 $218,227 $3,641
2012 $232,156 $3,837
2011 $234,501 $3,964
2010 $257,863 $4,297
2009 $141,156 $1,679
2008 $141,015 $1,664

Property facts

Year built
1981
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
1,323 sqft
Lot size
ZIP code
34228
City
Longboat Key
Street
Gulf of Mexico Dr
Coordinates
27.41020, -82.65540

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
$2,448
Gross rental yield
3.77%
Implied cap rate
2.45%
Trend-extrapolated value

Frequently asked questions

When did 5320 Gulf of Mexico Dr last sell?
5320 Gulf of Mexico Dr most recently sold on Apr 15, 2022 for $780,000.
What is the current tax assessment for 5320 Gulf of Mexico Dr?
The most recent total assessment for 5320 Gulf of Mexico Dr (year 2025) is $205,335 with $2,724 in property tax.
How does 5320 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 73.7% below the last sale price of $780,000.
When was 5320 Gulf of Mexico Dr built?
5320 Gulf of Mexico Dr was built in 1981.
How does 5320 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 5320 Gulf of Mexico Dr?
5320 Gulf of Mexico Dr is a 2 bed, 2 bath, 1,323 sqft condo.
Is 5320 Gulf of Mexico Dr a flip candidate?
Yes — 5320 Gulf of Mexico Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5320 Gulf of Mexico Dr a tax-appeal candidate?
No — 5320 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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