1241 Gulf Of Mexico Drive, FL
Stellar MLS

$950,000

1241 Gulf Of Mexico Drive

Longboat Key, FL 34228

Listing updated: June 3, 2026 at 11:40 AM ET

Active
1
Bed
2
Baths
940
Sq Ft
2.11
Acres
1996
Built
WaterfrontWater accessPrivate pool2.11 acres$1,011/sqft360° tour
Condominium

Property type

1996

Year built

91,910 sqft

Lot size

$1,011

Price / sq ft

No HOA

HOA dues

96

Days on market

1

Garage space

AE

Flood zone

About this home

This unique plaza level Water Club residence offers you the convenience of stepping out to the exceptional Water Club amenities and lush grounds that lead to the sandy beach and azure waters of the Gulf of Mexico without the use of an elevator. This spacious 1 bedroom special residence features high 10 foot ceilings and the openness is enhanced by the floor to ceiling windows that captivate the tropical Florida landscaping. This home feels and lives like a beach house and sliding glass doors opening to the terrace complement this feeling by extending the living space to the outdoors and the serene setting. The indoor space is open and flows seamlessly from the living room area to kitchen space which also has a separate eating area open to the balcony and outdoors. The kitchen has granite countertops and high end cabinets and is designed to accommodate the joys of cooking. The floor plan offers privacy for the spacious master suite with a private terrace, elegant master bath and walk-in closet with a dressing area. There is also generous storage area in the condo. The Water Club is a premier Gulf front condominium with exceptional amenities and services. The designer decorated Club House features a professionally equipped gym and his and her spa areas, wine storage, billiard room, library, sunset bar plus a grand ballroom for special and formal occasions and gourmet catering kitchen. When not enjoying the beach, there is a heated elevated beautiful pool and hot tub with plenty of seating plus 4 Har-tru tennis courts. This condo location can also be used as a guest suite to be enjoyed by family and guests. The Water Club is conveniently located just minutes from award winning restaurants, Publix and CVS, St. Armands Circle, downtown Sarasota plus the Longboat Key Club for golf, tennis and restaurants is also nearby.

Estimated monthly payment

Principal & interest$4,804
Property taxes$678
Home insurance (est.)$435

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history96 days on market

  1. Status: Active
    Feb 27, 2026
  2. Listed$1,050,000
    Feb 27, 2026
  3. Price reduced$950,000

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
96
Subdivision
Water Club 01 At Longboat Key
County
Sarasota
Year built
1996
Living area
940 sq ft
Price/sq ft
$1,011
Lot size
91,910 sq ft
Lot category
2 to less than 5
Flood zone
AE (12115C0126G)
Garage
1 spaces
Pool
Private pool
Annual taxes
$8,141 (2025)
Parcel #
0009112006
MLS #
A4684166

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Interior Details

Bedrooms
1
Full bathrooms
2
Flooring
Ceramic Tile
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater
Interior features
Eat-in Kitchen
Laundry
Laundry Room
Stories / Levels
One
Direction faces
East

Heating & Cooling

Heating
Electric
Cooling
Central Air

Parking

Garage spaces
1
Attached garage
Yes

HOA & Financial

Total monthly fees
$2,554/mo
Total annual fees
$30,644
HOA name
Matthew Simone
CDD
No
Min lease term
3 Months
Listing terms
Cash, Conventional
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
See Docs
Approval process
See Docs

Exterior & Construction

Exterior features
Balcony
Construction materials
Block
Roof
Other
Foundation
Block, Slab, Stilt/On Piling
Pool
Private pool
Waterfront
Yes
Water access
Yes
Road surface
Brick

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Connected, Electricity Connected

Community

Pets allowed
Cats OK, Dogs OK

Room Details

RoomLevelDimensions
KitchenFirst6x14
Great RoomFirst13x23
Primary BedroomFirst
DinetteFirst4x9

Listing Details

Listing date
2026-02-27
On market date
2026-02-27
Original list price
$1,050,000
Occupant type
Vacant
MLS area
34228 - Longboat Key
Listing AOR
Sarasota - Manatee
Status changed
2026-02-27
Tax legal description
UNIT 111 THE WATER CLUB 1 AT LONGBOAT KEY

Flood risk

High riskFEMA Zone AEPanel 12115C0126G

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Gulf of Mexico to 1241

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of June 3, 2026 at 11:40 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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