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6877 Gulf of Mexico Dr

Longboat Key, FL 34228

5 bd 5 ba 4,820 sqft Built 1998 Lot 32,234 sqft single_family
Most recent sale
$4,800,000
Apr 7, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 18, 2024 Sold $8,700,000 StellarMLS
Aug 12, 2024 Price changed $9,750,000 StellarMLS
Jan 13, 2024 Listed $10,400,000 StellarMLS
Aug 18, 2023 Sold $9,450,000 StellarMLS
Jan 26, 2023 Price changed $9,800,000 StellarMLS
Jun 9, 2022 Price changed $9,900,000 MLS #A4527232
Jun 2, 2022 Price changed $10,500,000 MLS #A4527232
May 7, 2022 Listed $10,999,999 MLS #A4527232
Apr 7, 2021 Sold $4,800,000 MLS #A4460731
Feb 12, 2020 Listing removed $3,250,000 StellarMLS
Jan 6, 2006 Sold $3,600,000 MLS #A291285
Nov 9, 2005 Listed $5,750,000 MLS #A291285
Nov 8, 2005 Listing removed $3,950,000 StellarMLS
Mar 1, 2005 Listed $3,950,000 MLS #M506953
Mar 1, 2005 Listing removed $3,700,000 StellarMLS
Jan 15, 2005 Listed $3,950,000 MLS #A269910
Sep 15, 2004 Listed $3,700,000 MLS #M501249
Sep 9, 2004 Sold $6,850,000 Public Record
Sep 3, 2004 Listed $3,700,000 MLS #A263297
Aug 31, 2004 Sold $6,850,000 MLS #A248661
Mar 4, 2004 Listing removed $2,200,000 StellarMLS
Dec 1, 2003 Listed $2,200,000 MLS #A248932
Nov 24, 2003 Listed $6,850,000 MLS #A248661
Jan 17, 1997 Sold $600,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $2,319,489 $2,808,810 $5,128,299 $82,651
2020 $1,666,210 $2,288,660 $3,954,870 $67,950
2019 $3,767,850 $65,532
2018 $1,553,335 $2,080,600 $3,633,935 $60,918
2017 $1,473,823 $1,872,540 $3,346,363 $52,988
2016 $1,155,030 $1,872,540 $3,027,570 $49,253
2015 $1,092,085 $1,872,540 $2,964,625 $47,185
2014 $2,499,349 $41,940
2013 $2,173,347 $35,842
2012 $1,933,503 $31,953
2011 $2,148,788 $36,326
2010 $2,336,103 $38,927
2009 $2,443,748 $41,072
2008 $3,021,568 $50,374

Property facts

Year built
1998
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
4,820 sqft
Lot size
32,234 sqft
ZIP code
34228
City
Longboat Key
Street
Gulf of Mexico Dr
Coordinates
27.43329, -82.68526

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$28,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 6877 Gulf of Mexico Dr last sell?
6877 Gulf of Mexico Dr most recently sold on Apr 7, 2021 for $4,800,000.
What is the current tax assessment for 6877 Gulf of Mexico Dr?
The most recent total assessment for 6877 Gulf of Mexico Dr (year 2022) is $5,128,299 with $82,651 in property tax.
How does 6877 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 6.8% above the last sale price of $4,800,000.
When was 6877 Gulf of Mexico Dr built?
6877 Gulf of Mexico Dr was built in 1998.
How does 6877 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 6877 Gulf of Mexico Dr?
6877 Gulf of Mexico Dr is a 5 bed, 5 bath, 4,820 sqft, 32,234 sqft lot single_family.
Is 6877 Gulf of Mexico Dr a flip candidate?
No — 6877 Gulf of Mexico Dr does not appear in our flips dataset.
Is 6877 Gulf of Mexico Dr a tax-appeal candidate?
No — 6877 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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