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For sale
  • $3,295,000

    1241 GULF OF MEXICO DRIVE #603, LONGBOAT KEY, FL 34228

    3beds
    3,045sqft
    : 
    $23,686/mo
    Get pre-qualified
    Condominium
    Built in 1996
    -- sqft lot
    $3,002,300 Zestimate®
    $1,082/sqft
    $2,357/mo HOA

    What's special

    Private elevatorGranite countertopsSpacious master suiteElegant bathOpen floorplanSouthern facingBeautiful wood floors
    Welcome to this spectacular three bedroom 6th floor southern facing 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.
    483 days
    |
    172
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Reid Murphy 941-232-3304,

    DEVELOPERS REALTY LBK, INC 941-799-9096

    Source: Stellar MLS,MLS#: A4648856MLS 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
      • Area: 280 Square Feet
      • Dimensions: 14x20
      Bedroom 2
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 238 Square Feet
      • Dimensions: 14x17
      Bedroom 3
      • Features: No Closet
      • Level: First
      • Area: 210 Square Feet
      • Dimensions: 14x15
      Dining room
      • Features: No Closet
      • Level: First
      • Area: 180 Square Feet
      • Dimensions: 12x15
      Kitchen
      • Features: No Closet
      • Level: First
      • Area: 234 Square Feet
      • Dimensions: 13x18
      Living room
      • Features: No Closet
      • Level: First
      • Area: 399 Square Feet
      • Dimensions: 19x21
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker
      • Laundry: Laundry Room
      Features
      • Eating Space In Kitchen
      • Flooring: Carpet, Engineered Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 3,045
      • Total interior livable area: 3,045 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
      • Has view: Yes
      • View description: Bay/Harbor - Full, Beach
      • Has water view: Yes
      • Water view: Bay/Harbor - Full,Beach
      • Waterfront features: Beach, Beach - Access Deeded
      Lot
      • Size: 2.11 Acres
      Details
      • Parcel number: 0009112041
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Block, Metal Frame
      • Foundation: Slab
      • 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: Buyer Approval Required, Deed Restrictions
      • Pet fee: $0 monthly
      • Subdivision: WATER CLUB 01 AT LONGBOAT KEY
      HOA
      • Has HOA: Yes
      • Services included: 24-Hour Guard, Cable TV, Community Pool, Internet
      • HOA fee: $2,357 monthly
      • HOA name: Mattew Simone
      • HOA phone: 941-387-7719
      • Second HOA name: Water Club
      Location
      • Region: Longboat Key

      Financial & listing details

      • Price per square foot: $1,082/sqft
      • Tax assessed value: $2,530,800
      • Annual tax amount: $27,359
      • Date on market: 4/15/2025
      • Cumulative days on market: 483 days
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Brick

        Estimated market value

        $3,002,300

        $2.85M - $3.15M

        $10,578/mo

        Price history

        DateEventPrice
        4/16/2025Price change$3,295,000+3.1%$1,082/sqft
        Source: Stellar MLS #A4648856 Report a problem
        4/15/2025Listed for sale$3,195,000+109.5%$1,049/sqft
        Source: Stellar MLS #A4648856 Report a problem
        8/16/2012Sold$1,525,000-11.6%$501/sqft
        Source: Public Record Report a problem
        5/11/2012Listed for sale$1,725,000+9.5%$567/sqft
        Source: Signature Sotheby's International Realty #A3960262 Report a problem
        2/2/2004Sold$1,575,000+21.2%$517/sqft
        Source: Public Record Report a problem
        4/23/2003Sold$1,300,000$427/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$29,225 +6.8%$1,915,775 +10%
        2024$27,359 +6.6%$1,741,614 +10%
        2023$25,654 +14.4%$1,583,285 +10%
        2022$22,434 +18%$1,439,350 +10%
        2021$19,006 +2.2%$1,308,500 +4.8%
        2020$18,603 -24.7%$1,248,200 -26.6%
        2019$24,699 $1,699,900 +4.1%
        2018$24,699 +3.4%$1,632,700 +2.1%
        2017$23,892 +6.7%$1,599,822 -2%
        2016$22,390 $1,632,800 +5.6%
        2015$22,390 +10.1%$1,546,800 +41.6%
        2014$20,336 +24.1%$1,092,700
        2013$16,391 +16.5%$1,092,700 +9.7%
        2012$14,073 -3.1%$996,000 -4.4%
        2011$14,521 -6.3%$1,041,900 -3.6%
        2010$15,503 -26.6%$1,080,700 -15.7%
        2009$21,120 $1,282,500 -17%
        2008$21,120 -5%$1,545,000 -4.3%
        2007$22,234 $1,614,562 +2.5%
        2006-- $1,575,182 +3%
        2005-- $1,529,303 +13%
        2004$21,952 -0.8%$1,353,600 +4.6%
        2003$22,129 +39.8%$1,293,600 +43.3%
        2002$15,830 +6.3%$902,422 +1.6%
        2001$14,892 +0.8%$888,211 +3%
        2000$14,775 $862,341
        Find assessor info on the county website

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 34228

        Getting around

        8 / 100
        Car-Dependent
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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