$3,850,000
1241 Gulf Of Mexico Drive
Longboat Key, FL 34228
Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Garage space
Flood zone
About this home
Welcome to coastal luxury redefined at the Water Club on Longboat Key. This fully reimagined residence at 1241 Gulf of Mexico Dr, Unit 506 has undergone a complete, top-to-bottom renovation completed in 2025, offering a like-new living experience in one of Florida’s most sought-after beachfront communities. No detail was overlooked—featuring a brand-new designer kitchen with premium finishes, fully renovated bathrooms, new flooring throughout, updated trim, modern lighting, and fresh interior paint. The home is further elevated by a whole-home Lutron system, delivering effortless, customizable lighting control and a true smart-luxury experience. Positioned in the highly desirable south building and an even-numbered unit (ideal for sunset views over the Gulf), this residence captures some of the most breathtaking winter sunset views—where the sun sets between the buildings, creating a rare and unforgettable coastal backdrop. Residents enjoy an unparalleled resort lifestyle at The Water Club, featuring an exceptional collection of amenities including Har-Tru tennis courts, a resort-style beachfront pool and spa, state-of-the-art fitness center, saunas, locker rooms, elegant clubhouse, library, and private event spaces. With 24-hour security, concierge-level services, and meticulously maintained grounds, The Water Club offers the ultimate in privacy, comfort, and luxury coastal living. Whether as a full-time residence or seasonal retreat, this is Gulf-front living at its absolute finest.
Estimated monthly payment
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 history1 days on market
- Status: ActiveMay 6, 2026
- Listed$3,850,000May 6, 2026
- Price increased$3,850,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 1
- Subdivision
- Water Club 01 At Longboat Key
- County
- Sarasota
- Year built
- 1996
- Living area
- 2,650 sq ft
- Price/sq ft
- $1,453
- Building area
- 3,106 sq ft (Public Records)
- Lot size
- 91,910 sq ft
- Flood zone
- AE (12115C0126G)
- Garage
- 1 spaces
- Annual taxes
- $27,928 (2025)
- Parcel #
- 0009112036
- MLS #
- A4689658
Interior Details
- Bedrooms
- 3
- Full bathrooms
- 3
- Flooring
- Tile
- Appliances
- Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Interior features
- Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Solid Surface Counters, Stone Counters, Thermostat, Wet Bar
- Laundry
- Inside
- Stories / Levels
- One
- Direction faces
- Northwest
Heating & Cooling
- Heating
- Central
- 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
- Lance Heide
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 3 Months
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Refer to association documents.
- Approval process
- Refer to association documents.
Exterior & Construction
- Exterior features
- Balcony, Courtyard, Garden, Outdoor Grill, Outdoor Kitchen, Sauna, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
- Construction materials
- Concrete
- Roof
- Concrete
- Foundation
- Concrete Perimeter
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt, Concrete, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available
Community
- Pets allowed
- Number Limit, Size Limit, Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Great Room | First | 22x22 |
| Kitchen | First | 13x17 |
| Primary Bedroom | First | 14x20 |
| Bedroom 2 | First | 11x15 |
| Bedroom 3 | First | 12x15 |
| Balcony/Porch/Lanai | First | 10x31 |
| Balcony/Porch/Lanai | First | 12x11 |
Listing Details
- Listing date
- 2026-05-06
- On market date
- 2026-05-06
- Original list price
- $3,850,000
- Occupant type
- Owner
- MLS area
- 34228 - Longboat Key
- Listing AOR
- Orlando Regional
- Status changed
- 2026-05-06
- Tax legal description
- UNIT 506 THE WATER CLUB 1 AT LONGBOAT KEY
Flood risk
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 Dr to West into Water Club. Through guard gate proceed straight and then to left to the South building.
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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 May 7, 2026 at 6:53 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA