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5320 Gulf of Mexico Dr

Longboat Key, FL 34228

3 bd 2 ba 1,323 sqft Built 1981 condos
Most recent sale
$850,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $850,000 MLS #J946615
Jun 7, 1994 Sold $106,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $590,750 $590,750 $8,992
2024 $590,750 $590,750 $10,114
2023 $663,000 $663,000 $10,350
2020 $403,049 $6,150
2019 $393,987 $6,039
2018 $386,641 $5,997
2017 $378,689 $5,608
2016 $370,900 $370,900 $5,605
2015 $289,900 $289,900 $4,814
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 $268,904 $4,396
2008 $327,932 $5,331

Property facts

Year built
1981
Property type
condos
Stories
1
Beds
3
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
$5,100
Gross rental yield
7.20%
Implied cap rate
4.68%
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 $850,000.
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 $590,750 with $8,992 in property tax.
How does 5320 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 30.5% below the last sale price of $850,000.
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 3 bed, 2 bath, 1,323 sqft condos.
Is 5320 Gulf of Mexico Dr a flip candidate?
No — 5320 Gulf of Mexico Dr does not appear in our flips dataset.
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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