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Sold for $2,499,000
  • $2,499,000

    1241 GULF OF MEXICO DRIVE #304, LONGBOAT KEY, FL 34228

    3beds
    3,045sqft
    Condominium
    Built in 1996
    -- sqft lot
    $2,431,700 Zestimate®
    $821/sqft
    $8,224 Estimated rent

    Home value

    $2,431,700

    $2.31M - $2.55M

    $8,224/mo

    Zestimate® history
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    What's special

    Framed by sweeping Gulf sunset views and the manicured grounds of the Water Club, this expansive third-floor residence in the South Building offers more than 3,000 square feet of refined coastal living. Designed with both privacy and comfort in mind, the residence pairs a thoughtfully updated interior with immediate access to one of Longboat Key’s most sought-after resort-style communities. The true three-bedroom layout was enhanced in 2022 with the enclosure of the den and addition of a closet, creating a more functional and private floor plan. Hardwood flooring flows throughout the main living areas, while all three bathrooms were recently updated in 2024, adding a fresh, modern feel. The open living and dining areas are designed to capture Gulf and sunset views, complemented by built-ins and a wet bar that enhance both everyday living and entertaining. Floor-to-ceiling glass doors open from the great room, kitchen, and primary suite to two Gulf-facing terraces, creating a seamless connection to the outdoors. The eat-in kitchen is both functional and inviting, featuring custom cabinetry, Miele stainless steel appliances, a center island, and a dining nook surrounded by glass to maximize water views. The primary suite offers a private retreat with its own sitting area, an oversized walk-in closet, and dual en-suite bathrooms designed for comfort and convenience. Two guest bedrooms are thoughtfully arranged in a split plan, including one en-suite, ensuring privacy for family and visitors. Additional features include covered parking, a private storage unit, and a beverage locker (assigned). The Water Club is known for its full service, resort-style living, offering a Junior Olympic-size pool, children’s pool, three spas, four Har-Tru tennis courts, and a Mediterranean-inspired clubhouse with fitness center, steam and sauna, library, social spaces, and everyday on-site concierge services. A 24-hour staffed gate provides both privacy and security, while direct access to the Gulf’s sandy beaches completes the experience. Located on the south end of Longboat Key, this residence is just minutes from the Longboat Key Club, St. Armands Circle, and downtown Sarasota’s cultural venues, including The Ringling Museum, Van Wezel Performing Arts Hall, Selby Gardens, and waterfront parks—offering a lifestyle that blends coastal beauty with everyday convenience.

    Zillow last checked:

    Listing updated:

    Listed by:

    Roger Pettingell 941-387-1840,

    COLDWELL BANKER REALTY 941-383-6411

    Bought with:

    Kathy Callahan, 3359516

    MICHAEL SAUNDERS & COMPANY

    Maria Krahn, 3637737

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4691690MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Great Room, Utility Room, Storage Rooms
    Primary bedroom
    • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Area: 280 Square Feet
    • Dimensions: 14x20
    Bedroom 2
    • Features: Built-In Shelving, Ceiling Fan(s), En Suite Bathroom, Makeup/Vanity Space, Shower No Tub, Single Vanity, Stone Counters, Walk-In Closet(s)
    • Level: First
    • Area: 238 Square Feet
    • Dimensions: 14x17
    Bedroom 3
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Area: 187 Square Feet
    • Dimensions: 11x17
    Primary bathroom
    • Features: Tub with Separate Shower Stall, Water Closet/Priv Toilet
    • Level: First
    Bathroom 3
    • Features: Built-In Shelving, Shower No Tub, Single Vanity, Stone Counters
    • Level: First
    Balcony porch lanai
    • Level: First
    • Area: 220 Square Feet
    • Dimensions: 10x22
    Balcony porch lanai
    • Level: First
    • Area: 81 Square Feet
    • Dimensions: 9x9
    Dinette
    • Level: First
    • Area: 72 Square Feet
    • Dimensions: 8x9
    Foyer
    • Level: First
    • Area: 120 Square Feet
    • Dimensions: 15x8
    Great room
    • Features: Built-In Shelving
    • Level: First
    • Area: 609 Square Feet
    • Dimensions: 21x29
    Kitchen
    • Features: Built-In Shelving, Ceiling Fan(s), Granite Counters, Kitchen Island, Pantry
    • Level: First
    • Area: 221 Square Feet
    • Dimensions: 13x17
    Laundry
    • Features: Built-In Shelving
    • Level: First
    • Area: 54 Square Feet
    • Dimensions: 9x6
    Heating
    • Baseboard, Central
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
    • Laundry: Electric Dryer Hookup, Inside, Laundry Room
    Features
    • Built-in Features, Ceiling Fan(s), Dry Bar, Eating Space In Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
    • Flooring: Carpet, Tile, Hardwood
    • Doors: Outdoor Grill, Sliding Doors
    • Windows: Window Treatments
    • Has fireplace: No
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 3,373
    • Total interior livable area: 3,045 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Circular Driveway, Covered, Garage Door Opener, Ground Level, Portico, Under Building
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Patio
    • Exterior features: Balcony, Irrigation System, Lighting, Outdoor Grill, Sidewalk, Storage, Tennis Court(s)
    • Pool features: Deck, Gunite, Heated, In Ground, Lighting, Outside Bath Access
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Pool, Water, Beach, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Water,Beach,Gulf/Ocean - Full
    • Waterfront features: Gulf/Ocean Front, Beach, Gulf/Ocean, Beach Access, Beach - Access Deeded, Gulf/Ocean Access
    Lot
    • Size: 2.11 Acres
    • Features: Cul-De-Sac, FloodZone, In County, Landscaped, Near Golf Course, Near Marina, Oversized Lot, Private, Sidewalk
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Outdoor Kitchen, Storage, Tennis Court(s)
    • Parcel number: 0009112018
    • Special conditions: None

    Construction

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

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Gulf/Ocean Front, Water Access, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Golf, Pool, Sidewalks, Special Community Restrictions, Tennis Court(s)
    • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Security Gate, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: WATER CLUBI/LONGBOAT KEY CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
    • Services included: 24-Hour Guard, Cable TV, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
    • HOA fee: $2,554 monthly
    • HOA name: MATTHEW SIMONE
    • HOA phone: 941-387-7719
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $821/sqft
    • Tax assessed value: $2,586,600
    • Annual tax amount: $33,640
    • Date on market: 4/28/2026
    • Cumulative days on market: 6 days
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Brick, Paved

    Price history

    DateEventPrice
    6/12/2026Sold$2,499,000$821/sqft
    Source: Stellar MLS #A4691690 Report a problem
    5/6/2026Pending sale$2,499,000$821/sqft
    Source: Stellar MLS #A4691690 Report a problem
    4/28/2026Listed for sale$2,499,0000%$821/sqft
    Source: Stellar MLS #A4691690 Report a problem
    2/27/2024Listing removed$2,500,000+4.2%$821/sqft
    Source: Stellar MLS #A4512932 Report a problem
    11/8/2021Sold$2,400,000-4%$788/sqft
    Source: Public Record Report a problem
    9/28/2021Pending sale$2,500,000$821/sqft
    Source: Stellar MLS #A4512932 Report a problem
    9/23/2021Listed for sale$2,500,000+201.2%$821/sqft
    Source: Stellar MLS #A4512932 Report a problem
    4/20/1998Sold$830,000+28%$273/sqft
    Source: Public Record Report a problem
    1/25/1996Sold$648,600$213/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$33,640 +13.3%$2,454,662 +14.2%
    2024$29,697 +6.8%$2,148,784 +10%
    2023$27,808 +13%$1,953,440 +10.2%
    2022$24,612 +65.7%$1,772,400 +69.1%
    2021$14,856 -1.1%$1,048,375 +1.4%
    2020$15,025 +4.3%$1,033,900 +1.7%
    2019$14,407 $1,016,760 +1.9%
    2018$14,407 +1.2%$997,802 +2.1%
    2017$14,230 -0.1%$977,279 -30.1%
    2016$14,248 $1,398,700 +5.6%
    2015$14,248 +0%$1,325,100 +42.6%
    2014$14,248 +6.5%$929,044
    2013$13,378 +4.1%$929,044 +1.7%
    2012$12,855 +4.7%$913,514 +3%
    2011$12,274 -1.2%$886,907 +1.5%
    2010$12,423 -7.5%$873,800 -12.4%
    2009$13,433 $997,828 +0.1%
    2008$13,433 +1.9%$996,831 +3%
    2007$13,181 $967,797 +2.5%
    2006-- $944,192 +3%
    2005-- $916,691 +3%
    2004$14,020 -3.3%$889,991 +1.9%
    2003$14,504 -2.8%$873,396 +2.4%
    2002$14,928 +6.2%$852,926 +1.6%
    2001$14,051 +0.8%$839,494 +3%
    2000$13,940 $815,043
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

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    Estimated market value
    $2,431,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,431,700