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Sold for $3,400,000
  • $3,400,000

    1241 GULF OF MEXICO DRIVE #707, LONGBOAT KEY, FL 34228

    2beds
    2,965sqft
    Condominium
    Built in 1996
    -- sqft lot
    $3,285,800 Zestimate®
    $1,147/sqft
    $7,828 Estimated rent

    Home value

    $3,285,800

    $2.96M - $3.71M

    $7,828/mo

    Zestimate® history
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    What's special

    Junior olympic heated poolCrown moldingsHot tubFloor to ceiling glassTasteful wallcoveringsPrivate office areaPublic spaces
    Welcome to The Water Club, one of the most unique communities on Longboat Key with space, privacy, and the ambiance of a resort on the beach and waters of the Gulf of Mexico. Your semi-private elevator opens directly into the foyer with views of the beautiful Sarasota Bay and Sarasota skyline through floor to ceiling glass. Open living spaces, well-appointed kitchen with breakfast area and the glistening Gulf beyond, along with three sunlit terraces create an exceptional indoor-outdoor lifestyle. This coveted southern exposure seventh floor condominium offers both sunrises over Sarasota Bay and sunsets over the Gulf and is being offered fully furnished. The residence has been designed by Marc—Michels Interior Design of Orlando and published for its remarkable sophistication. The designer is known for creating spectacular one-of-a-kind interiors for his discerning clientele including the public spaces of the new St. Regis resort on Longboat Key. As the homeowners you will enjoy two en-suite bedrooms plus den which could be a third sleeping space, and four full bathrooms all elegantly furnished. The private primary suite has his and her bathrooms, spacious walk-in closet w/built-ins and a private office area and sliding glass doors leading to a private terrace. Architectural columns, crown moldings, tasteful wallcoverings, lush window treatments including electric shades, built-ins, and marble designer flooring with 10’ ceilings throughout are just a few of the special features. The Water Club amenity package is superior to any other condominium on the key. Owning here gives you exclusive use of the beautifully designed 18,000sf renovated clubhouse, which provides residents with additional living and recreational spaces including a club room and billiard table, library with fireplace, ballroom and catering kitchen, 4 lighted Har-Tru tennis courts, junior Olympic heated pool and hot tub, spa and fitness center, security gate, climate-controlled storage, concierge services, on-site management, firepit, grills all located on 16-acre magnificent grounds. Located at the southern end of Longboat Key, residence is just minutes from exclusive St. Armand's Circle, the exciting waterfront of downtown Sarasota, and other cultural amenities of the city, minutes from award winning restaurants, Publix grocery store, CVS, the Longboat Key Club for golf, tennis and its restaurants and is only 20 minutes to the Sarasota airport. Water Club is a pet friendly community.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Moulton 941-928-3559,

    MICHAEL SAUNDERS & COMPANY 941-383-7591

    Bought with:

    Linda Weber, 356172

    COLDWELL BANKER TONY HUBBARD

    Source: Stellar MLS,MLS#: A4593022MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Utility Room
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Dimensions: 19x13
    Bedroom 2
    • Features: Walk-In Closet(s)
    • Level: First
    • Dimensions: 17x13
    Kitchen
    • Level: First
    • Dimensions: 18x9
    Living room
    • Level: First
    • Dimensions: 31x30
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Built-in Features, Crown Molding, Eating Space In Kitchen, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
    • Flooring: Carpet, Marble
    • Doors: Sliding Doors
    • Windows: Window Treatments
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 3,399
    • Total interior livable area: 2,965 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Guest
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony, Storage, Tennis Court(s)
    • Has view: Yes
    • View description: Bay/Harbor - Full, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Bay/Harbor - Full,Gulf/Ocean - Full
    • Waterfront features: Waterfront, Gulf/Ocean, Beach Access, Beach - Access Deeded, Gulf/Ocean Access
    • Body of water: GULF OF MEXICO
    Details
    • Parcel number: 0009112053
    • Special conditions: None

    Construction

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

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Waterfront, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Gated Community - Guard, Pool
    • Security: Gated Community, Medical Alarm, Security Gate, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: WATER CLUB
    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, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Manager, Recreational Facilities, Security, Sewer, Trash, Water
    • HOA fee: $2,230 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $1,147/sqft
    • Tax assessed value: $2,447,400
    • Annual tax amount: $14,960
    • Date on market: 12/21/2023
    • Cumulative days on market: 18 days
    • Listing terms: Cash
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    4/12/2024Sold$3,400,000-6.8%$1,147/sqft
    Source: Stellar MLS #A4593022 Report a problem
    1/9/2024Pending sale$3,650,000$1,231/sqft
    Source: Stellar MLS #A4593022 Report a problem
    12/21/2023Listed for sale$3,650,000+46.3%$1,231/sqft
    Source: Stellar MLS #A4593022 Report a problem
    9/27/2013Listing removed$2,495,000$841/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    1/23/2010Listed for sale$2,495,000+220.5%$841/sqft
    Source: Michael Saunders & Companyr Report a problem
    2/21/1996Sold$778,500$263/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,646 +68.5%$1,947,400 +68.7%
    2024$15,218 +1.7%$1,154,563 +3%
    2023$14,960 +1.6%$1,120,935 +3%
    2022$14,728 -2.2%$1,088,286 +3%
    2021$15,056 -1.1%$1,056,588 +1.4%
    2020$15,227 -7%$1,042,000 -9.1%
    2019$16,368 $1,146,180 +1.9%
    2018$16,368 +1.2%$1,124,809 +2.1%
    2017$16,169 +0.1%$1,101,674 -17.5%
    2016$16,145 $1,334,800 +5.6%
    2015$16,145 $1,264,500 +20.7%
    2014$16,145 +6.5%$1,047,300
    2013$15,159 +4.1%$1,047,300 +1.7%
    2012$14,568 +4.7%$1,029,794 +3%
    2011$13,913 -10.7%$999,800 -7.9%
    2010$15,573 -25%$1,085,400 -15.7%
    2009$20,751 $1,288,100 -15.2%
    2008$20,751 -11.6%$1,518,700 -10.9%
    2007$23,481 $1,703,700 -1.5%
    2006-- $1,730,000 +11.3%
    2005-- $1,553,815 +13.6%
    2004$22,185 -5.3%$1,368,000 -0.1%
    2003$23,435 +15.2%$1,370,000 +21.5%
    2002$20,338 +26.5%$1,127,300 +21%
    2001$16,082 +7.5%$931,624 +10%
    2000$14,953 $846,931
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,285,800
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    Estimated market value
    $3,285,800