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    Property profile & analytics

    3160 Gulf Of Mexico Dr Longboat Key, FL 34228-2933

    • Commercial land
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 27, 2021
    $1,125,000
    Location Intelligence
    Property ID
    US18-5922604
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 3160 Gulf Of Mexico Dr

    Lot size
    0.18 lot acres
    Zone code
    C1
    Property type
    Commercial land
    APN
    0005-08-0022
    APU
    5080022

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Longboat Key
    County
    Sarasota
    State
    Florida
    Longitude
    -82.6305
    Latitude
    27.3733
    CBSA code
    35840
    CBSA name
    NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,256
    $282,000
    $0.00
    $282,000
    -
    $282,000
    $0.00
    $282,000

    Comparable in this City

    • Value Estimation by Request
      0.67 Acres

      3120 Gulf Of Mexico Dr

      VACANT COMMERCIAL LAND • 0.67 Acres
      3120 Gulf Of Mexico Dr, Longboat Key, FL 34228-2933
      View Details
    • Value Estimation by Request
      0.42 Acres

      597 Buttonwood Dr

      VACANT COMMERCIAL LAND • 0.42 Acres
      597 Buttonwood Dr, Longboat Key, FL 34228-2902
      View Details
    • Value Estimation by Request
      0.48 Acres

      3150 Gulf Of Mexico Dr

      VACANT COMMERCIAL LAND • 0.48 Acres
      3150 Gulf Of Mexico Dr, Longboat Key, FL 34228-2933
      View Details
    • Value Estimation by Request
      1.18 Acres

      1621 Gulf Of Mexico Dr

      VACANT COMMERCIAL LAND • 1.18 Acres
      1621 Gulf Of Mexico Dr, Longboat Key, FL 34228
      View Details
    • Value Estimation by Request
      0.44 Acres

      595 Buttonwood Dr

      VACANT COMMERCIAL LAND • 0.44 Acres
      595 Buttonwood Dr, Longboat Key, FL 34228-2902
      View Details
    • Value Estimation by Request
      0.13 Acres

      1621 Gulf Of Mexico Dr

      VACANT COMMERCIAL LAND • 0.13 Acres
      1621 Gulf Of Mexico Dr, Longboat Key, FL 34228
      View Details

    Similar Nearby for Sale

    • $575,000

      Land on Gulf of Mexico

      Commercial land available on Gulf of Mexico Drive.
      5841 Gulf Of Mexico Dr, Longboat Key, FL 34228
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    • $1,060,000

      Land For Sale

      Land available for purchase.
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    • $1,285,000

      Land for Sale

      Land available for purchase.
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    • $4,550,000

      Beachfront Homesite on Longboat Key

      Rare opportunity to build a beachfront estate on Longboat Key.
      6453 Gulfside Rd, Longboat Key, FL 34228
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    • $1,370,000
      0.41 Acres

      Longboat Key Estate Lot

      Rare double-sized 18,000 sq ft lot near Gulf of Mexico.
      560 Gulf Bay Rd, Longboat Key, FL 34228
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    • $4,995,000
      Pending

      Gulf-Front Lot on Longboat Key

      Rare 0.73-acre Gulf-front lot with 100 feet of shoreline.
      6429 Gulfside Rd, Longboat Key, FL 34228
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    Similar Nearby for Lease

    • Contact for pricing
      1,500 SF

      Retail Space on Longboat Key

      Prime retail space with high visibility on Gulf of Mexico Drive.
      3120 Gulf Of Mexico Dr, Longboat Key, FL 34228
      View Details
    • $30 SF/Yr
      1,299 SF

      Retail Space in Longboat Key

      Retail space available in Longboat Key, Florida.
      515-525 Bay Isles Pkwy, Longboat Key, FL 34228
      View Details
    • Contact for pricing
      1,551 SF

      Gulf of Mexico Drive Retail

      Retail, restaurant, and office spaces available on Gulf of Mexico.
      5350-5380 Gulf Of Mexico Dr, Longboat Key, FL 34228
      View Details
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    3160 Gulf Of Mexico Dr
    Longboat Key, FL 34228-2933
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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