5840 Gulf of Mexico Dr
Longboat Key, FL 34228
4 bd 6 ba 4,247 sqft Built 2021 Lot 16,117 sqft single_family
Most recent sale
$4,860,000
Apr 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 27, 2022 | Sold | $4,860,000 | MLS #A4481498 |
| Jan 28, 2022 | Relisted | $4,960,000 | MLS #A4481498 |
| May 21, 2018 | Sold | $675,000 | MLS #A4215617 |
| Apr 5, 2018 | Listed | $699,000 | MLS #A4215617 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | $425,000 | $425,000 | $6,920 |
| 2019 | — | $425,000 | $425,000 | $7,156 |
| 2018 | — | $382,500 | $382,500 | $6,548 |
| 2017 | — | $385,000 | $385,000 | $6,319 |
| 2016 | — | $385,000 | $385,000 | $6,467 |
| 2015 | — | $385,000 | $385,000 | $6,633 |
| 2014 | — | — | $350,900 | $6,113 |
| 2013 | — | — | $319,000 | $5,322 |
| 2012 | — | — | $322,250 | $5,325 |
| 2011 | — | — | $346,500 | $5,857 |
| 2010 | — | — | $384,750 | $6,411 |
| 2009 | — | — | $453,633 | $7,624 |
| 2008 | — | — | $485,723 | $8,097 |
| 2007 | — | — | $604,168 | $10,114 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
6
Living area
4,247 sqft
Lot size
16,117 sqft
ZIP code
34228
City
Longboat Key
Street
Gulf of Mexico Dr
Coordinates
27.41848, -82.66445
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
$29,160
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5840 Gulf of Mexico Dr last sell?
5840 Gulf of Mexico Dr most recently sold on Apr 27, 2022 for $4,860,000.
What is the current tax assessment for 5840 Gulf of Mexico Dr?
The most recent total assessment for 5840 Gulf of Mexico Dr (year 2020) is $425,000 with $6,920 in property tax.
How does 5840 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 91.3% below the last sale price of $4,860,000.
When was 5840 Gulf of Mexico Dr built?
5840 Gulf of Mexico Dr was built in 2021.
How does 5840 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 5840 Gulf of Mexico Dr?
5840 Gulf of Mexico Dr is a 4 bed, 6 bath, 4,247 sqft, 16,117 sqft lot single_family.
Is 5840 Gulf of Mexico Dr a flip candidate?
No — 5840 Gulf of Mexico Dr does not appear in our flips dataset.
Is 5840 Gulf of Mexico Dr a tax-appeal candidate?
No — 5840 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