Skip main navigation
For sale
    • $950,000

    1241 GULF OF MEXICO DRIVE #111, LONGBOAT KEY, FL 34228

    1beds
    940sqft
    : 
    $8,598/mo
    Get pre-qualified
    Condominium
    Built in 1996
    -- sqft lot
    $889,900 Zestimate®
    $1,011/sqft
    $2,554/mo HOA

    What's special

    Generous storage areaElegant master bath
    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.
    168 days
    |
    64
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Reid Murphy 941-232-3304,

    DEVELOPERS REALTY LBK, INC 941-799-9096

    Source: Stellar MLS,MLS#: A4684166MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      Dinette
      • Level: First
      • Area: 36 Square Feet
      • Dimensions: 4x9
      Great room
      • Level: First
      • Area: 299 Square Feet
      • Dimensions: 13x23
      Kitchen
      • Level: First
      • Area: 84 Square Feet
      • Dimensions: 6x14
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Water Heater
      • Laundry: Laundry Room
      Features
      • Eating Space In Kitchen
      • Flooring: Ceramic Tile
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 940
      • Total interior livable area: 940 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage - Attached
      • Attached garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Balcony
      • Has private pool: Yes
      • Pool features: Above Ground, Heated
      • Has spa: Yes
      • Spa features: Above Ground, Heated
      • On waterfront: Yes
      • Waterfront features: Beach, Beach Access
      • Body of water: GULF OF MEXICO
      Lot
      • Size: 2.11 Acres
      Details
      • Parcel number: 0009112006
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Block
      • Foundation: Block, Slab, Raised
      • Roof: Other
      Condition
      • New construction: No
      • Year built: 1996

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Pool
      • Security: Gated Community, Security Gate
      • Pet fee: $0 monthly
      • Subdivision: WATER CLUB 01 AT LONGBOAT KEY
      HOA
      • Has HOA: Yes
      • Services included: 24-Hour Guard, Community Pool
      • HOA fee: $2,554 monthly
      • HOA name: Matthew Simone
      Location
      • Region: Longboat Key

      Financial & listing details

      • Price per square foot: $1,011/sqft
      • Tax assessed value: $592,100
      • Annual tax amount: $8,141
      • Date on market: 2/27/2026
      • Cumulative days on market: 100 days
      • Listing terms: Cash,Conventional
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Brick

        Estimated market value

        $889,900

        $845,000 - $934,000

        $4,025/mo

        Price history

        DateEventPrice
        3/19/2026Price change$950,000-9.5%$1,011/sqft
        Source: Stellar MLS #A4684166 Report a problem
        2/27/2026Listed for sale$1,050,000-4.5%$1,117/sqft
        Source: Stellar MLS #A4684166 Report a problem
        11/18/2023Listing removed--
        Source: Stellar MLS #A4587610 Report a problem
        10/30/2023Listed for sale$1,100,000+100%$1,170/sqft
        Source: Stellar MLS #A4587610 Report a problem
        4/16/2021Sold$550,000+0.9%$585/sqft
        Source: Public Record Report a problem
        3/1/2021Pending sale$545,000$580/sqft
        Source: PREMIER SOTHEBYS INTL REALTY #A4492046 Report a problem
        3/1/2021Listed for sale$545,000$580/sqft
        Source: PREMIER SOTHEBYS INTL REALTY #A4492046 Report a problem
        3/1/2021Pending sale$545,000$580/sqft
        Source: Stellar MLS #A4492046 Report a problem
        2/24/2021Listed for sale$545,000+16.2%$580/sqft
        Source: Stellar MLS #A4492046 Report a problem
        7/31/2018Listing removed$469,000$499/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A4197505 Report a problem
        1/31/2018Price change$469,000-2.1%$499/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A4197505 Report a problem
        10/2/2017Listed for sale$479,000$510/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A4197505 Report a problem
        8/2/2017Listing removed$479,000$510/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A4178713 Report a problem
        3/30/2017Price change$479,000-4%$510/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A4178713 Report a problem
        2/24/2017Listed for sale$499,000+33.1%$531/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A4178713 Report a problem
        9/29/2015Sold$375,000-12.8%$399/sqft
        Source: Public Record Report a problem
        8/28/2015Pending sale$429,999$457/sqft
        Source: Premier Sotheby's International Realty #A4115688 Report a problem
        8/11/2015Price change$429,999-7.5%$457/sqft
        Source: Premier Sotheby's International Realty #A4115688 Report a problem
        5/7/2015Price change$465,000-2.9%$495/sqft
        Source: Premier Sotheby's International Realty #A4115688 Report a problem
        2/27/2015Listed for sale$479,000-15.8%$510/sqft
        Source: Signature Sotheby's International Realty #A4115688 Report a problem
        12/4/2014Listing removed$569,000$605/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A4101181 Report a problem
        7/4/2014Listed for sale$569,000$605/sqft
        Source: COLDWELL BANKER RES R E #A4101181 Report a problem
        3/5/2014Listing removed$569,000$605/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A3987918 Report a problem
        2/11/2014Price change$569,000-5.2%$605/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A3987918 Report a problem
        11/16/2013Listed for sale$599,900+50%$638/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A3987918 Report a problem
        6/5/2009Sold$400,000$426/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,141 +3.8%$592,100 +4.7%
        2024$7,842 +2.7%$565,400 +4.2%
        2023$7,632 -4.8%$542,500 -3.6%
        2022$8,021 +83.3%$562,800 +75.1%
        2021$4,377 -1%$321,362 +1.4%
        2020$4,420 +4.8%$316,925 +2.3%
        2019$4,216 $309,800 +4.6%
        2018$4,216 -8.3%$296,100 0%
        2017$4,599 -1.6%$296,200
        2016$4,672 $296,200 -1%
        2015$4,672 +6%$299,200 +21%
        2014$4,406 +18.5%$247,280
        2013$3,717 +12.7%$247,280 +10%
        2012$3,298 -10.5%$224,800 -11.9%
        2011$3,685 -25.2%$255,100 -23.1%
        2010$4,924 -26.7%$331,600 -15.7%
        2009$6,719 $393,400 -18%
        2008$6,719 -6.8%$479,600 -6.9%
        2007$7,206 $515,200 -1.7%
        2006-- $524,000 +29.1%
        2005-- $405,899 +34.2%
        2004$4,904 +8.4%$302,400 +14.3%
        2003$4,525 +14.7%$264,506 +21%
        2002$3,944 +26.4%$218,600 +21%
        2001$3,119 +0.7%$180,696 +3%
        2000$3,097 $175,433
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 34228

        Getting around

        8 / 100
        Car-Dependent
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby zip codes

              Other Longboat Key Topics

                Search
                Updates
                Favorites
                Plan
                Inbox