Skip main navigation
Sold for $3,750,000
  • $3,750,000

    1241 GULF OF MEXICO DRIVE #1005, LONGBOAT KEY, FL 34228

    3beds
    2,650sqft
    Condominium
    Built in 1996
    -- sqft lot
    $3,558,800 Zestimate®
    $1,415/sqft
    $7,459 Estimated rent

    Home value

    $3,558,800

    $3.20M - $3.95M

    $7,459/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $7,459/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $7,459/mo

    Rent Zestimate®

    Refinance and save

    $26,863/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $26,863/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Generous center islandPrivate elevator foyerOpen-concept layoutSleek european cabinetryBuilt-in coffee stationWalls of glassFreestanding tub
    Elevate your lifestyle in this impeccably and completely renovated 3BR/3BA residence at The Water Club, a prestigious direct beachfront community on Longboat Key. Arriving at your private elevator foyer, you are greeted by a luminous interior where 10’ ceilings, walls of glass and refined neutral accents frame show-stopping panoramic views of the Gulf, beach, Sarasota Bay and city skyline from every room. The open-concept layout features a striking contemporary kitchen equipped with top-of-the-line Miele and Sub-Zero appliances, a built-in coffee station, a stainless-steel hood, a generous center island, a glass tile backsplash, sleek European cabinetry, a wine refrigerator and a discreet built-in bar cabinet, perfectly designed for culinary creativity and entertaining. The living room commands attention with its uninterrupted vistas over the endless horizon, while the primary suite offers a sophisticated retreat complete with a study area, private terrace with Gulf views, and a spa-like en suite bath with a freestanding tub, dual vanities, a glass-enclosed shower and a separate water closet. Completing this exceptional residence is a separate private garage with a dedicated parking space and the option to purchase furnishings separately. Residents of The Water Club enjoy 16 acres of prime beachfront property with 24-hour security, full concierge services and an array of updated amenities, delivering the ultimate lifestyle on Longboat Key.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Ackerman, PA 305-205-7700,

    COLDWELL BANKER REALTY 941-383-6411

    Bought with:

    Dolly Young, 0127884

    T DOLLY YOUNG REAL ESTATE

    Source: Stellar MLS,MLS#: A4640586MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Utility Room
    Primary bedroom
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Area: 280 Square Feet
    • Dimensions: 14x20
    Bedroom 2
    • Features: En Suite Bathroom, Built-in Closet
    • Level: First
    • Area: 210 Square Feet
    • Dimensions: 15x14
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    • Area: 210 Square Feet
    • Dimensions: 14x15
    Primary bathroom
    • Features: Dual Sinks, Multiple Shower Heads, Rain Shower Head, Stone Counters, Tub with Separate Shower Stall, Water Closet/Priv Toilet, No Closet
    • Level: First
    Kitchen
    • Features: No Closet
    • Level: First
    • Area: 165 Square Feet
    • Dimensions: 11x15
    Living room
    • Features: No Closet
    • Level: First
    • Area: 780 Square Feet
    • Dimensions: 30x26
    Heating
    • Central, Electric, Zoned
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
    • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
    Features
    • Built-in Features, Eating Space In Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
    • Flooring: Tile
    • Doors: Sliding Doors
    • Windows: Blinds, Window Treatments
    • Has fireplace: No
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 3,106
    • Total interior livable area: 2,650 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Garage Door Opener, Guest, Open, Under Building
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio, Porch
    • Exterior features: Balcony, Lighting, Storage, Tennis Court(s)
    • Pool features: Heated, In Ground
    • Has spa: Yes
    • Spa features: In Ground
    • Has view: Yes
    • View description: City, Water, Bay/Harbor - Full, Beach, Gulf/Ocean - Full, Gulf/Ocean to Bay
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Full,Beach,Gulf/Ocean - Full,Gulf/Ocean to Bay
    • Waterfront features: Gulf/Ocean Front, Waterfront, Beach, Gulf/Ocean, Beach Access, Beach - Access Deeded, Gulf/Ocean Access
    • Body of water: GULF OF MEXICO
    Lot
    • Features: Corner Lot, FloodZone
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Storage
    • Parcel number: 0009112075
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Custom,Other
    • Property subtype: Condominium
    Materials
    • Block, Stucco
    • Foundation: Pillar/Post/Pier
    • Roof: Other,Tile
    Condition
    • New construction: No
    • Year built: 1996

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Public, Underground Utilities

    Community & HOA

    Community
    • Features: Gulf/Ocean Front, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Gated Community - Guard, Pool, Tennis Court(s)
    • Security: Gated Community, Security Gate, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: WATER CLUB I AT LONGBOAT KEY
    HOA
    • Has HOA: No
    • Amenities included: Clubhouse, Elevator(s), Fitness Center, Gated, Pool, Recreation Facilities, Sauna, Spa/Hot Tub, Storage, Tennis Court(s)
    • Services included: 24-Hour Guard, Common Area Taxes, Community Pool, Reserve Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
    • HOA fee: $2,357 monthly
    • HOA name: Tonia Merkes / Asst. Mgr
    • HOA phone: 941-387-7719
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $1,415/sqft
    • Tax assessed value: $3,037,700
    • Annual tax amount: $26,591
    • Date on market: 2/14/2025
    • Cumulative days on market: 24 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/14/2025Sold$3,750,000-6.1%$1,415/sqft
    Source: Stellar MLS #A4640586 Report a problem
    3/12/2025Pending sale$3,995,000$1,508/sqft
    Source: Stellar MLS #A4640586 Report a problem
    2/14/2025Listed for sale$3,995,000+210.9%$1,508/sqft
    Source: Stellar MLS #A4640586 Report a problem
    11/5/2009Sold$1,285,000-14.3%$485/sqft
    Source: Public Record Report a problem
    4/18/2009Price change$1,499,000-3.2%$566/sqft
    Source: Michael Saunders & Companyr #3897273 Report a problem
    3/28/2009Price change$1,549,000-2.9%$585/sqft
    Source: Michael Saunders & Companyr #3897273 Report a problem
    12/6/2008Price change$1,595,000-6%$602/sqft
    Source: Michael Saunders & Companyr #3897273 Report a problem
    11/17/2008Listed for sale$1,697,000+126.3%$640/sqft
    Source: Michael Saunders & Companyr #3897273 Report a problem
    2/20/1996Sold$750,000$283/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$31,927 +20.1%$1,824,854 +10%
    2024$26,592 +6.4%$1,658,958 +10%
    2023$24,985 +14%$1,508,144 +10%
    2022$21,925 +19.3%$1,371,040 +10%
    2021$18,371 +2.6%$1,246,400 +5.3%
    2020$17,906 -24.1%$1,183,500 -26.3%
    2019$23,598 $1,605,700 +4.1%
    2018$23,598 +3.4%$1,542,100 0%
    2017$22,832 +5.9%$1,542,200
    2016$21,558 $1,542,200 +5.6%
    2015$21,558 $1,461,000 +35.9%
    2014$21,558 +33.7%$1,075,200
    2013$16,129 +12.2%$1,075,200 +9.7%
    2012$14,376 +7.2%$980,000 +10.4%
    2011$13,416 +11.9%$887,920 +10%
    2010$11,986 -13.7%$807,200 -21.6%
    2009$13,894 $1,030,202 +0.1%
    2008$13,894 +2%$1,029,173 +3%
    2007$13,627 $999,197 +2.5%
    2006-- $974,826 +3%
    2005-- $946,433 +3%
    2004$14,496 -3.3%$918,867 +1.9%
    2003$14,998 -2.8%$901,734 +2.4%
    2002$15,436 +22.9%$880,600 +21%
    2001$12,562 +7.5%$727,737 +10%
    2000$11,681 $661,579
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southside Elementary
    • Middle: Booker Middle
    • High: Booker High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,558,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,558,800