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7125 Gulf of Mexico Dr

Longboat Key, FL 34228

2 bd 2 ba 1,170 sqft Built 1974 Lot 126,324 sqft condos
Most recent sale
$935,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $935,000 MLS #A4538366
Jun 13, 2022 Listed $949,000 MLS #A4538366
Mar 6, 2008 Sold $450,000 MLS #A370006
Dec 5, 2007 Listed $525,000 MLS #A370006
Nov 7, 2006 Listed $619,000 MLS #A330887

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $731,000 $731,000 $11,581
2024 $731,000 $731,000 $12,318
2023 $731,000 $731,000 $11,958
2021 $395,000 $395,000 $6,775
2020 $380,000 $380,000 $6,888
2019 $395,000 $395,000 $7,083
2018 $365,000 $365,000 $6,678
2017 $397,036 $397,036 $6,713
2016 $363,536 $363,536 $6,303
2015 $363,536 $363,536 $5,945
2014 $301,437 $5,252
2013 $278,908 $4,654
2012 $303,160 $5,010
2011 $334,031 $5,647
2010 $349,941 $5,831
2009 $406,908 $6,839
2008 $462,635 $7,713

Property facts

Year built
1974
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,170 sqft
Lot size
126,324 sqft
ZIP code
34228
City
Longboat Key
Street
Gulf of Mexico Dr
Coordinates
27.43638, -82.68898

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
$5,610
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7125 Gulf of Mexico Dr last sell?
7125 Gulf of Mexico Dr most recently sold on Jun 30, 2022 for $935,000.
What is the current tax assessment for 7125 Gulf of Mexico Dr?
The most recent total assessment for 7125 Gulf of Mexico Dr (year 2025) is $731,000 with $11,581 in property tax.
How does 7125 Gulf of Mexico Dr's assessment compare to its last sale price?
The current assessment is 21.8% below the last sale price of $935,000.
When was 7125 Gulf of Mexico Dr built?
7125 Gulf of Mexico Dr was built in 1974.
How does 7125 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 7125 Gulf of Mexico Dr?
7125 Gulf of Mexico Dr is a 2 bed, 2 bath, 1,170 sqft, 126,324 sqft lot condos.
Is 7125 Gulf of Mexico Dr a flip candidate?
No — 7125 Gulf of Mexico Dr does not appear in our flips dataset.
Is 7125 Gulf of Mexico Dr a tax-appeal candidate?
No — 7125 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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