$2,499,000
1241 Gulf Of Mexico Drive
Longboat Key, FL 34228
Listing updated: June 12, 2026 at 1:18 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage space
Flood zone
About this home
Framed by sweeping Gulf sunset views and the manicured grounds of the Water Club, this expansive third-floor residence in the South Building offers more than 3,000 square feet of refined coastal living. Designed with both privacy and comfort in mind, the residence pairs a thoughtfully updated interior with immediate access to one of Longboat Key’s most sought-after resort-style communities. The true three-bedroom layout was enhanced in 2022 with the enclosure of the den and addition of a closet, creating a more functional and private floor plan. Hardwood flooring flows throughout the main living areas, while all three bathrooms were recently updated in 2024, adding a fresh, modern feel. The open living and dining areas are designed to capture Gulf and sunset views, complemented by built-ins and a wet bar that enhance both everyday living and entertaining. Floor-to-ceiling glass doors open from the great room, kitchen, and primary suite to two Gulf-facing terraces, creating a seamless connection to the outdoors. The eat-in kitchen is both functional and inviting, featuring custom cabinetry, Miele stainless steel appliances, a center island, and a dining nook surrounded by glass to maximize water views. The primary suite offers a private retreat with its own sitting area, an oversized walk-in closet, and dual en-suite bathrooms designed for comfort and convenience. Two guest bedrooms are thoughtfully arranged in a split plan, including one en-suite, ensuring privacy for family and visitors. Additional features include covered parking, a private storage unit, and a beverage locker (assigned). The Water Club is known for its full service, resort-style living, offering a Junior Olympic-size pool, children’s pool, three spas, four Har-Tru tennis courts, and a Mediterranean-inspired clubhouse with fitness center, steam and sauna, library, social spaces, and everyday on-site concierge services. A 24-hour staffed gate provides both privacy and security, while direct access to the Gulf’s sandy beaches completes the experience. Located on the south end of Longboat Key, this residence is just minutes from the Longboat Key Club, St. Armands Circle, and downtown Sarasota’s cultural venues, including The Ringling Museum, Van Wezel Performing Arts Hall, Selby Gardens, and waterfront parks—offering a lifestyle that blends coastal beauty with everyday convenience.
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 history6 days on market
- Status: SoldJun 12, 2026
- Listed$2,499,000Apr 28, 2026
- Price increased$2,499,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Sold
- Days on market
- 6
- Subdivision
- Water Clubi/Longboat Key Condo
- County
- Sarasota
- Year built
- 1996
- Living area
- 3,045 sq ft
- Price/sq ft
- $821
- Building area
- 3,373 sq ft (Builder)
- Lot size
- 91,910 sq ft
- Flood zone
- AE (12115C0126G)
- Garage
- 1 spaces
- Annual taxes
- $33,640 (2025)
- Parcel #
- 0009112018
- MLS #
- A4691690
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 4
- Flooring
- Carpet, Tile, Wood
- Appliances
- Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Interior features
- Built-in Features, Ceiling Fans(s), Dry Bar, Eat-in Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
- Laundry
- Electric Dryer Hookup, Inside, Laundry Room
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Baseboard, Central
- Cooling
- Central Air
Parking
- Garage spaces
- 1
- Attached garage
- Yes
- Parking features
- Circular Driveway, Covered, Garage Door Opener, Ground Level, Portico, Basement
HOA & Financial
- HOA fee
- $0 / Quarterly
- Monthly HOA
- $0/mo
- Total monthly fees
- $2,554/mo
- Total annual fees
- $30,644
- HOA name
- MATTHEW SIMONE
- CDD
- No
- Min lease term
- 3 Months
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- SEE DOCUMENTS
- Approval process
- SEE DOCUMENTS
Exterior & Construction
- Exterior features
- Balcony, Lighting, Outdoor Grill, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
- Construction materials
- Concrete
- Roof
- Concrete
- Foundation
- Pillar/Post/Pier
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Brick, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
Community
- Pets allowed
- Number Limit, Size Limit, Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Foyer | First | 15x8 |
| Great Room | First | 21x29 |
| Balcony/Porch/Lanai | First | 10x22 |
| Kitchen | First | 13x17 |
| Dinette | First | 8x9 |
| Laundry | First | 9x6 |
| Primary Bedroom | First | 14x20 |
| Primary Bathroom | First | |
| Balcony/Porch/Lanai | First | 9x9 |
| Bedroom 2 | First | 14x17 |
| Bedroom 3 | First | 11x17 |
| Bathroom 3 | First |
Listing Details
- Listing date
- 2026-04-21
- On market date
- 2026-04-28
- Original list price
- $2,499,000
- Occupant type
- Owner
- MLS area
- 34228 - Longboat Key
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-06-12
- Tax legal description
- UNIT 304 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 Drive to 1000 block. Community is on the west (Gulf) side. Through guard gate, make a left to go to 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 June 12, 2026 at 1:18 PM 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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