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5393 Gulf of Mexico Dr

Longboat Key, FL 34228

2 bd 2 ba 1,300 sqft Built 1979 Lot 216,493 sqft condos
Most recent sale
$850,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $850,000 MLS #A4517637
Feb 9, 2022 Price changed $800,000 MLS #A4517637
Jan 28, 2022 Relisted $995,000 MLS #A4517637
Nov 18, 2021 Listed $665,000 MLS #A4517637
Oct 29, 2021 Listing removed $3,500 StellarMLS
Nov 2, 2018 Price changed for rent $3,500 StellarMLS
May 4, 2018 Listed for rent $4,000 StellarMLS
May 1, 2018 Listing removed $4,000 StellarMLS
Nov 29, 2017 Price changed for rent $4,000 StellarMLS
Nov 28, 2016 Price changed for rent $4,500 StellarMLS
Nov 25, 2016 Price changed for rent $5,000 StellarMLS
Oct 14, 2016 Price changed for rent $4,000 StellarMLS
Oct 17, 2015 Price changed for rent $4,500 StellarMLS
Oct 4, 2015 Price changed for rent $5,000 StellarMLS
Sep 2, 2015 Price changed for rent $4,000 StellarMLS
May 4, 2015 Price changed for rent $3,500 StellarMLS
Jun 20, 2014 Listed for rent $4,500 StellarMLS
Jun 18, 2014 Listing removed $4,500 StellarMLS
May 6, 2014 Listed for rent $4,500 StellarMLS
Jan 1, 1980 Sold $175,000 Public Record
Aug 1, 1979 Sold $139,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $248,472 $248,472 $4,046
2024 $248,472 $248,472 $11,881
2023 $697,000 $697,000 $11,247
2022 $519,200 $8,894
2021 $472,000 $472,000 $7,847
2020 $450,000 $450,000 $7,902
2019 $440,000 $440,000 $7,665
2018 $430,000 $430,000 $7,617
2017 $493,900 $493,900 $8,123
2016 $465,900 $465,900 $7,692
2015 $391,500 $391,500 $6,745
2014 $355,980 $6,202
2013 $355,980 $5,940
2012 $374,716 $6,192
2011 $378,501 $6,398
2010 $415,905 $6,930
2009 $452,071 $7,598
2008 $544,664 $9,080
2007 $605,182 $10,131

Property facts

Year built
1979
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,300 sqft
Lot size
216,493 sqft
ZIP code
34228
City
Longboat Key
Street
Gulf of Mexico Dr
Coordinates
27.41009, -82.65789

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 5393 Gulf of Mexico Dr last sell?
5393 Gulf of Mexico Dr most recently sold on Apr 29, 2022 for $850,000.
What is the current tax assessment for 5393 Gulf of Mexico Dr?
The most recent total assessment for 5393 Gulf of Mexico Dr (year 2025) is $248,472 with $4,046 in property tax.
How does 5393 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 70.8% below the last sale price of $850,000.
When was 5393 Gulf of Mexico Dr built?
5393 Gulf of Mexico Dr was built in 1979.
How does 5393 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 5393 Gulf of Mexico Dr?
5393 Gulf of Mexico Dr is a 2 bed, 2 bath, 1,300 sqft, 216,493 sqft lot condos.
Is 5393 Gulf of Mexico Dr a flip candidate?
No — 5393 Gulf of Mexico Dr does not appear in our flips dataset.
Is 5393 Gulf of Mexico Dr a tax-appeal candidate?
No — 5393 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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