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Sold for $2,000,000
  • $2,000,000

    1241 GULF OF MEXICO DRIVE #303, LONGBOAT KEY, FL 34228

    3beds
    3,045sqft
    Condominium
    Built in 1996
    -- sqft lot
    $2,644,900 Zestimate®
    $657/sqft
    $14,500 Estimated rent

    Home value

    $2,644,900

    $2.33M - $3.04M

    $14,500/mo

    Zestimate® history
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    What's special

    Large pool and spaPrivate elevatorGranite countertopsSpacious master suiteElegant bathOpen floorplanSouthern exposure
    Welcome to this spectacular three bedroom 3rd floor 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Reid Murphy 941-232-3304,

    DEVELOPERS REALTY LBK, INC 941-799-9096

    Bought with:

    Reid Murphy, 0613756

    DEVELOPERS REALTY LBK, INC

    Source: Stellar MLS,MLS#: A4628415MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 4
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Dimensions: 14x20
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 14x17
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 9x9
    Kitchen
    • Level: First
    • Dimensions: 13x18
    Living room
    • Level: First
    • Dimensions: 19x21
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Water Heater, Ice Maker, Microwave
    • Laundry: Laundry Room
    Features
    • Eating Space In Kitchen
    • Flooring: Engineered Hardwood, Travertine
    • Has fireplace: No
    Interior area
    • Total structure area: 3,045
    • Total interior livable area: 3,045 sqft

    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
    • Has view: Yes
    • View description: City, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Gulf/Ocean - Full
    • Waterfront features: Beach Access
    Details
    • Parcel number: 0009112017
    • 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: Private Sewer
    • Water: Private
    • Utilities for property: Cable Connected, Electricity Connected

    Community & HOA

    Community
    • Features: Clubhouse, Community Mailbox, Fitness Center, Gated Community - Guard, Pool
    • Pet fee: $0 monthly
    • Subdivision: WATER CLUB 01 AT LONGBOAT KEY
    HOA
    • Has HOA: Yes
    • Services included: 24-Hour Guard, Community Pool, Maintenance Structure
    • HOA fee: $2,357 monthly
    • HOA name: John Wyczlinski
    • HOA phone: 941-387-7719
    • Second HOA name: Water Club
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $657/sqft
    • Tax assessed value: $2,265,000
    • Annual tax amount: $22,190
    • Date on market: 11/8/2024
    • Cumulative days on market: 95 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Brick

    Price history

    DateEventPrice
    3/21/2025Sold$2,000,000-8.9%$657/sqft
    Source: Stellar MLS #A4628415 Report a problem
    2/11/2025Pending sale$2,195,000$721/sqft
    Source: Stellar MLS #A4628415 Report a problem
    1/25/2025Price change$2,195,000-15.4%$721/sqft
    Source: Stellar MLS #A4628415 Report a problem
    11/8/2024Listed for sale$2,595,000-7.2%$852/sqft
    Source: Stellar MLS #A4628415 Report a problem
    7/24/2024Listing removed--
    Source: Stellar MLS #A4600635 Report a problem
    4/21/2024Price change$2,795,000-15.2%$918/sqft
    Source: Stellar MLS #A4600635 Report a problem
    2/26/2024Listed for sale$3,295,000+123.4%$1,082/sqft
    Source: Stellar MLS #A4600635 Report a problem
    3/1/2018Sold$1,475,000-6.6%$484/sqft
    Source: Public Record Report a problem
    1/10/2018Pending sale$1,579,000$519/sqft
    Source: Premier Sotheby's International Realty #A4205872 Report a problem
    1/5/2018Listed for sale$1,579,000+21.9%$519/sqft
    Source: PREMIER SOTHEBYS INTL REALTY #A4205872 Report a problem
    3/5/2010Sold$1,295,000-23.1%$425/sqft
    Source: Public Record Report a problem
    10/16/2009Listing removed$1,685,000$553/sqft
    Source: NRT Florida #A3905831 Report a problem
    4/6/2009Listed for sale$1,685,000-0.6%$553/sqft
    Source: NRT Florida #A3905831 Report a problem
    6/11/2008Listing removed$1,695,000$557/sqft
    Source: Homes.com #350229 Report a problem
    4/22/2008Listed for sale$1,695,000+30.4%$557/sqft
    Source: Homes.com #350229 Report a problem
    3/12/2008Sold$1,300,000+106.3%$427/sqft
    Source: Stellar MLS #A350229 Report a problem
    2/21/1996Sold$630,300$207/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,482 +6.8%$1,594,112 +10%
    2024$23,858 +7.5%$1,449,193 +10%
    2023$22,191 +13.6%$1,317,448 +10%
    2022$19,529 +22%$1,197,680 +10%
    2021$16,009 +2.3%$1,088,800 +5%
    2020$15,645 -23%$1,036,700 -25.2%
    2019$20,322 $1,385,300 +30.3%
    2018$20,322 +33.7%$1,063,322 +2.1%
    2017$15,197 -0.2%$1,041,452 -25.5%
    2016$15,231 $1,398,700 +5.6%
    2015$15,231 $1,325,100 +33.8%
    2014$15,231 +6.5%$990,050
    2013$14,301 +4.1%$990,050 +1.7%
    2012$13,743 -1.8%$973,500 -3.2%
    2011$13,991 +7.8%$1,005,200 +15%
    2010$12,975 -30.4%$873,800 -15.7%
    2009$18,634 $1,037,000 -22%
    2008$18,634 -12.7%$1,330,100 -12.8%
    2007$21,344 $1,525,900 +107%
    2006-- $737,136 +3%
    2005-- $715,666 +3%
    2004$10,855 -3.3%$694,821 +1.9%
    2003$11,228 -2.8%$681,866 +2.4%
    2002$11,553 +6.3%$665,885 +1.6%
    2001$10,874 +0.8%$655,399 +3%
    2000$10,784 $636,310
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,644,900
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    Estimated market value
    $2,644,900