5861 Gulf of Mexico Dr
Longboat Key, FL 34228
5 bd 7 ba 7,050 sqft Built 2024 Lot 49,101 sqft single_family
Most recent sale
$3,600,000
Jan 27, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 15, 2025 | Listing removed | $19,500,000 | StellarMLS |
| Aug 14, 2025 | Sold | $11,000,000 | Public Record |
| Apr 28, 2025 | Price changed | $19,500,000 | StellarMLS |
| Feb 4, 2025 | Price changed | $20,995,000 | StellarMLS |
| Nov 9, 2024 | Listed | $22,900,000 | StellarMLS |
| May 17, 2024 | Listing removed | $18,500,000 | StellarMLS |
| Jan 6, 2023 | Listed | $18,500,000 | StellarMLS |
| Jan 1, 2023 | Listing removed | $17,900,000 | StellarMLS |
| Apr 9, 2022 | Listed | $17,900,000 | MLS #A4531109 |
| Jan 27, 2021 | Sold | $3,600,000 | MLS #A4471862 |
| Mar 9, 2016 | Sold | $2,895,000 | StellarMLS |
| Apr 23, 2015 | Sold | $2,500,000 | MLS #A4112950 |
| Apr 14, 2015 | Sold | $2,500,000 | MLS #A3991838 |
| Mar 12, 2015 | Sold | $800,000 | Public Record |
| Feb 3, 2015 | Listed | $2,895,000 | MLS #A4112950 |
| Jan 28, 2015 | Price changed | $2,895,000 | MLS #A3991838 |
| Dec 1, 2014 | Price changed | $3,995,000 | MLS #A3991838 |
| Jan 29, 2014 | Listed | $4,295,000 | MLS #A3991838 |
| Sep 18, 2013 | Listing removed | $5,500,000 | StellarMLS |
| Apr 12, 2010 | Listed | $5,500,000 | MLS #M5812509 |
| Mar 31, 2010 | Listed | $5,500,000 | MLS #M5812211 |
| Dec 1, 2009 | Listing removed | $3,950,000 | StellarMLS |
| Oct 26, 2009 | Relisted | $3,950,000 | MLS #A3896011 |
| Oct 23, 2009 | Listing removed | $3,950,000 | StellarMLS |
| Oct 19, 2009 | Relisted | $3,950,000 | MLS #A3896011 |
| Feb 21, 2009 | Listing removed | $3,950,000 | StellarMLS |
| Oct 3, 2008 | Listed | $3,950,000 | MLS #A3896011 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $11,915,494 | $184,245 |
| 2024 | — | — | $11,915,494 | $64,162 |
| 2023 | — | — | $3,504,600 | $59,292 |
| 2022 | — | $3,186,000 | $3,186,000 | $51,655 |
| 2021 | — | — | $2,855,600 | $48,912 |
| 2020 | — | $2,596,000 | $2,596,000 | $44,883 |
| 2019 | — | — | $2,467,674 | $43,242 |
| 2018 | — | $2,360,000 | $2,360,000 | $40,030 |
| 2017 | — | $2,336,400 | $2,336,400 | $35,633 |
| 2016 | — | $1,854,000 | $1,854,000 | $31,339 |
| 2015 | $77,563 | $1,854,000 | $1,931,563 | $33,281 |
Property facts
Year built
2024
Property type
single_family
Stories
2
Beds
5
Baths
7
Living area
7,050 sqft
Lot size
49,101 sqft
ZIP code
34228
City
Longboat Key
Street
Gulf of Mexico Dr
Coordinates
27.41820, -82.66576
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$13,043
Gross rental yield
4.35%
Implied cap rate
2.83%
Trend-extrapolated value
—
Frequently asked questions
When did 5861 Gulf of Mexico Dr last sell?
5861 Gulf of Mexico Dr most recently sold on Jan 27, 2021 for $3,600,000.
What is the current tax assessment for 5861 Gulf of Mexico Dr?
The most recent total assessment for 5861 Gulf of Mexico Dr (year 2025) is $11,915,494 with $184,245 in property tax.
How does 5861 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 231.0% above the last sale price of $3,600,000.
When was 5861 Gulf of Mexico Dr built?
5861 Gulf of Mexico Dr was built in 2024.
How does 5861 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 5861 Gulf of Mexico Dr?
5861 Gulf of Mexico Dr is a 5 bed, 7 bath, 7,050 sqft, 49,101 sqft lot single_family.
Is 5861 Gulf of Mexico Dr a flip candidate?
No — 5861 Gulf of Mexico Dr does not appear in our flips dataset.
Is 5861 Gulf of Mexico Dr a tax-appeal candidate?
No — 5861 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
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Geography
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