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5841 Gulf of Mexico Dr

Longboat Key, FL 34228

1 bd 1 ba 508 sqft Built 1972 condos
Most recent sale
$727,000
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 9, 2022 Sold $727,000 MLS #A4524613
Feb 8, 2022 Listed $650,000 MLS #A4524613
Jul 17, 2017 Sold $460,000 MLS #A4186887
May 19, 2017 Listed $479,000 MLS #A4186887
Feb 13, 2017 Listing removed $497,841 StellarMLS
Oct 12, 2016 Price changed $497,841 MLS #A4150994
Aug 8, 2016 Price changed $489,721 MLS #A4150994
Apr 12, 2016 Listed $497,841 MLS #A4150994
Apr 14, 2006 Sold $635,000 Public Record
Mar 14, 2005 Sold $495,000 MLS #A277315
Jan 1, 2005 Listed $495,000 MLS #A277315

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $165,648 $165,648 $2,935
2024 $165,648 $165,648 $8,638
2023 $535,500 $535,500 $8,852
2022 $425,250 $425,250 $7,200
2021 $400,000 $400,000 $6,834
2020 $400,000 $400,000 $7,205
2019 $375,000 $375,000 $6,723
2018 $350,000 $350,000 $6,398
2017 $354,500 $354,500 $5,337
2016 $322,350 $322,350 $4,989
2015 $270,890 $270,890 $4,318
2014 $237,632 $3,906
2013 $205,741 $3,334
2012 $177,185 $2,928
2011 $201,346 $3,403
2010 $214,198 $3,569
2009 $278,180 $4,675
2008 $397,400 $6,625
2007 $397,400 $6,653

Property facts

Year built
1972
Property type
condos
Stories
2
Beds
1
Baths
1
Living area
508 sqft
Lot size
ZIP code
34228
City
Longboat Key
Street
Gulf of Mexico Dr
Coordinates
27.41768, -82.66533

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
$4,362
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5841 Gulf of Mexico Dr last sell?
5841 Gulf of Mexico Dr most recently sold on May 9, 2022 for $727,000.
What is the current tax assessment for 5841 Gulf of Mexico Dr?
The most recent total assessment for 5841 Gulf of Mexico Dr (year 2025) is $165,648 with $2,935 in property tax.
How does 5841 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 77.2% below the last sale price of $727,000.
When was 5841 Gulf of Mexico Dr built?
5841 Gulf of Mexico Dr was built in 1972.
How does 5841 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 5841 Gulf of Mexico Dr?
5841 Gulf of Mexico Dr is a 1 bed, 1 bath, 508 sqft condos.
Is 5841 Gulf of Mexico Dr a flip candidate?
No — 5841 Gulf of Mexico Dr does not appear in our flips dataset.
Is 5841 Gulf of Mexico Dr a tax-appeal candidate?
No — 5841 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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