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Sold for $1,537,500
  • $1,537,500

    1241 GULF OF MEXICO DRIVE #203, LONGBOAT KEY, FL 34228

    3beds
    3,045sqft
    Condominium
    Built in 1996
    -- sqft lot
    $1,869,800 Zestimate®
    $505/sqft
    $8,224 Estimated rent

    Home value

    $1,869,800

    $1.78M - $1.96M

    $8,224/mo

    Zestimate® history
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    What's special

    Beachfront terraceBeachfront retreatMain balconyCenter islandGulf viewsCozy breakfast nookStone counters
    Design your dream beachfront retreat at the Water Club on Longboat Key. This spacious three-bedroom, four-bath residence offers 3,000-plus square feet of living space with Gulf views and a flexible layout, ideal for creating your custom coastal masterpiece. The private primary suite features dual baths, walk-in closet and beachfront terrace. A generous guest suite sits on opposite end, and a den/office easily serves as a third bedroom with full bath nearby. The gourmet kitchen includes white cabinetry, stone counters, center island and a cozy breakfast nook overlooking the beach. The expansive great room opens to the main balcony, ideal for entertaining or relaxing. Additional highlights include semi-private elevator access and two desired garage parking spaces. Enjoy world-class amenities such as an 18,000-square-foot clubhouse, concierge, fitness center, spa, Har-Tru tennis courts, game room, beachfront pool and spa, fire pit and 24-hour gated security. Set on 16 lush beachfront acres with 680 feet of private shoreline. Pet-friendly. Just minutes to St. Armands, golf, marinas and downtown Sarasota.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jo Rutstein 941-587-9156,

    PREMIER SOTHEBY'S INTERNATIONAL REALTY 941-364-4000,

    Hilary Souza 941-704-6556,

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    Bought with:

    Lori Yaniscavitch, 3137634

    COASTAL PROPERTIES GROUP INTERNATIONAL

    Source: Stellar MLS,MLS#: A4668344MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Breakfast Room Separate, Great Room, Utility Room
    Primary bedroom
    • Features: Bath With Whirlpool, Built-in Features, Dual Sinks, En Suite Bathroom, Exhaust Fan, Split Vanities, Stone Counters, Tub with Separate Shower Stall, Walk-In Closet(s)
    • Level: First
    Bedroom 2
    • Features: En Suite Bathroom, Garden Bath, Stone Counters, Tub with Separate Shower Stall, Walk-In Closet(s)
    • Level: First
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    Dinette
    • Level: First
    Great room
    • Level: First
    Kitchen
    • Features: Kitchen Island, Pantry, Stone Counters
    • Level: First
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Built-in Features, Eating Space In Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
    • Flooring: Carpet, Luxury Vinyl, Tile
    • Doors: Outdoor Grill, Outdoor Shower, Sliding Doors
    • Windows: Hurricane Shutters, Hurricane Shutters/Windows
    • Has fireplace: No
    Interior area
    • Total structure area: 3,423
    • Total interior livable area: 3,045 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Circular Driveway, Common, Electric Vehicle Charging Station(s), Garage Door Opener, Guest, Under Building
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Front Porch
    • Exterior features: Balcony, Garden, Lighting, Outdoor Grill, Outdoor Shower, Sauna, Sidewalk, Storage, Tennis Court(s)
    • Pool features: Gunite, Heated, In Ground, Lap, Lighting
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Garden, Pool, Trees/Woods, Water, Gulf/Ocean - Partial
    • Has water view: Yes
    • Water view: Water,Gulf/Ocean - Partial
    • Waterfront features: Gulf/Ocean Front, Waterfront, Beach, Gulf/Ocean, Beach Access, Gulf/Ocean Access
    • Body of water: GULF OF MEXICO
    Lot
    • Size: 2.11 Acres
    • Features: Landscaped, Near Golf Course, Near Marina, Near Public Transit, Sidewalk
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Gazebo, Tennis Court(s)
    • Parcel number: 0009112009
    • Special conditions: None

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
    Green energy
    • Energy efficient items: Thermostat

    Community & HOA

    Community
    • Features: Gulf/Ocean Front, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Fitness Center, Gated Community - Guard, Pool, Sidewalks, Tennis Court(s)
    • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Security Gate
    • Pet fee: $0 monthly
    • Subdivision: WATER CLUB 01 AT LONGBOAT KEY
    HOA
    • Has HOA: No
    • Amenities included: Clubhouse, Elevator(s), Fitness Center, Gated, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Storage, Tennis Court(s)
    • Services included: 24-Hour Guard, Common Area Taxes, Community Pool, Reserve Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
    • HOA fee: $3,615 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $505/sqft
    • Tax assessed value: $2,256,000
    • Annual tax amount: $25,305
    • Date on market: 10/14/2025
    • Cumulative days on market: 168 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/30/2026Sold$1,537,500-23.1%$505/sqft
    Source: Stellar MLS #A4668344 Report a problem
    3/31/2026Pending sale$1,999,000$656/sqft
    Source: Stellar MLS #A4668344 Report a problem
    3/17/2026Price change$1,999,000-2.5%$656/sqft
    Source: Stellar MLS #A4668344 Report a problem
    2/11/2026Price change$2,050,000-6.6%$673/sqft
    Source: Stellar MLS #A4668344 Report a problem
    10/14/2025Listed for sale$2,195,000+56.8%$721/sqft
    Source: Stellar MLS #A4668344 Report a problem
    12/13/2016Sold$1,400,000-3.4%$460/sqft
    Source: Stellar MLS #A4159944 Report a problem
    7/21/2016Listed for sale$1,450,000+119.9%$476/sqft
    Source: PREMIER SOTHEBY''S INTL. REALTY #A4159944 Report a problem
    2/1/1996Sold$659,500$217/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,305 +6.8%$1,567,026 +10%
    2024$23,684 +7.4%$1,424,569 +10%
    2023$22,052 +13.5%$1,295,063 +10%
    2022$19,430 +22.9%$1,177,330 +10%
    2021$15,814 +6.2%$1,070,300 +5%
    2020$14,885 -23.4%$1,019,100 -24.9%
    2019$19,424 $1,356,500 -1.1%
    2018$19,424 -1.8%$1,371,200 0%
    2017$19,774 +43%$1,371,300
    2016$13,830 $1,371,300 +5.6%
    2015$13,830 $1,299,100 +44%
    2014$13,830 +6.5%$902,358
    2013$12,985 +4.1%$902,358 +1.7%
    2012$12,478 +4.7%$887,274 +3%
    2011$11,914 -1.2%$861,431 +1.5%
    2010$12,058 -9.1%$848,700 -13.9%
    2009$13,267 $985,443 +0.1%
    2008$13,267 +1.9%$984,459 +3%
    2007$13,020 $955,785 +2.5%
    2006-- $932,473 +3%
    2005-- $905,314 +3%
    2004$13,849 -3.3%$878,946 +1.9%
    2003$14,327 -2.8%$862,557 +2.4%
    2002$14,746 +6.2%$842,341 +1.6%
    2001$13,880 +0.8%$829,076 +3%
    2000$13,770 $804,928
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,869,800
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    Estimated market value
    $1,869,800