Active
$3,295,000
Est. $21,112/mo

1241 Gulf Of Mexico Dr #603, Longboat Key, FL, 34228

$1,082/sqft·Water Club 01 At Longboat Key

3 bd4 ba3,045 sqft1 car garageCondominium
Listed by DEVELOPERS REALTY LBK, INC· Last updated · MLS# A4648856

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Est. monthly payment
$21,112/mo
Down payment (20%)
$659,000
Property taxes
$2,280/mo
Rate assumed
6.8% · 30 yr
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At a glance

Condo
Built 1996
Waterfront
Beach Front
Private pool
Heated
1 car garage
Private balcony
Outdoor space

About this home

Eat-in KitchenBalconyBuyer Approval RequiredDeed RestrictionsCooktopDishwasherDisposalDryer

1241 Gulf Of Mexico Dr #603 is a 1996-built home in Water Club 01 At Longboat Key, Longboat Key. Inside you'll find 3 bedrooms, 4 bathrooms, and 3,045 square feet of living space. Listed at $3,295,000 (about $1,082/sqft), 463 days on market. Flood zone Ae - confirm flood insurance requirements with your lender.

From the listing

Welcome to this spectacular three bedroom 6th floor southern facing Brighton floor plan located in the south building of the sensational Gulf front Water Club complex on south Longboat Key. Your private elevator opens directly into the foyer which leads to the open floorplan and the sensational views of sandy beach and the Gulf of Mexico. The condo features beautiful wood floors, a gourmet kitchen with high end appliances, granite countertops plus a serene eating area. The spacious master suite is completely private with a large walk-in closet and elegant bath plus adjacent sitting area. The master has sliding glass doors leading to a private terrace with views of the Gulf of Mexico. The southern exposure of this condo bathes it in sunlight and stunning sunrises. The Water Club is a luxurious resort style complex on the beautiful sandy beach and azure waters of the Gulf of Mexico. The Water Club amenities include four tennis courts, a centrally located large pool and spa and a 24 hour staff plus gated access. The 17,000 sq.ft clubhouse features a spa and gym area separate for men and women plus a library and a catering kitchen and ballroom. The Water Club is conveniently located just minutes from award winning restaurants plus Publix and CVS, St Armands Circle, downtown Sarasota and the Longboat Key Club for golf, tennis and restaurants are also nearby.

The essentials

Built
1996
Price / sqft
$1,082
On market
514 days
Annual tax
$27,359
Flood zone
AE
Lot
91,910 sqft
Type
Condominium

Location

1241 Gulf Of Mexico Dr #603
Longboat Key, FL, 34228·34228 - Longboat Key
Type
Condominium
Year Built
1996
Lot
91,910 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Pool
Above Ground, Heated
Waterfront
Beach Front
Days on Market
514
Eat-in Kitchen
Balcony
Buyer Approval Required
Deed Restrictions
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Ice Maker
Flood Zone Ae

Annual Tax (2024)

$27,359

Parcel #

0009112041

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Water Club 01 At Longboat Key

County

Sarasota

MLS Area

34228 - Longboat Key

Lot Size

91,910 sqft

Date
Event
Price
4/16/2025
Price change
Source: Stellar MLS #A4648856
$3,295,000+3.1%
$1,082/sqft
4/15/2025
Listed for sale
Source: Stellar MLS #A4648856
$3,195,000
$1,049/sqft
Est. monthly payment$21,112/mo
Principal & interest$17,185
Property taxes$2,280
Insurance$1,648
Down payment20% · $659,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $3,295,000
$3.11M – $3.29M
94.4% – 100% of listTops out right at the list price
80% of listList price
57 of the last 112 condo closings in 34228 landed at this number or higher (51%). The median one sat 88 days before it went under contract, and this one is on day 514.

Sample: 112 closed condo sales in 34228 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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