NOT LISTED FOR SALE

Water Club at Longboat 1241 Gulf of Mexico Dr Unit 302 Longboat Key, FL 34228

Estimated Value: $3,634,926 - $4,605,000

3 Beds
5.5 Baths
3,400 Sq Ft
$1,217/mo HOA Fee

Last Sold March 01, 2012

Last sale price $2,300,000 $676 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $26,173/month

146 Days on Market

Highlights

  • Waterfront
  • Private Beach
  • Fitness Center
  • Southside Elementary School Rated A
  • Water Access
  • Vinyl Pool

About This Home

As of March 2012

Undreamed of beauty & understated grace punctuate this 3,400 s/f beach front residence at the famed Water Club. As one of the most beautifully designed condominiums on Longboat Key, it offers 600 feet of private beach. An elevator takes you to theunit's private, secure foyer. Double doors open to reveal unforgettable direct views of the Gulf from every room and terrace. The distinguished architecture and open floor plan are accented by maple wood floors, designer cabinetry, and expansive plantation shutters which provide a warm glow for unforgettable moments. This 3 bedroom, 5 bath residence amplifies quality craftsmanship: from granite countertops to a large kitchen with new stainless steel refrigerator, a master suite with his and her walled mirror baths and walk-in closets. Textured walls throughout are perfect artwork back drops, while the two new HVAC systems bring high energy efficiency to the unit. For those who are seeking to live the high life on Longboat Key, this barrier island will provide them with a haven in one of the most beautiful locations in the United States. As an internationally acclaimed destination, The Water Club offers an elegantly appointed and luxurious 17,000 s/f clubhouse which includes a commercial catering kitchen, billiard room, fitness center and lockers. It also provides 24 hour security, a gated and guarded entrance, concierge service, four tennis courts, and a heated pool with sundeck and spa that overlook the Gulf of Mexico.

Last Agent to Sell the Property

Janet Bassett

License #3098261 Listed on: 09/07/2011

Last Buyer's Agent

Maggie Hicks

COLDWELL BANKER REALTY License #0542271

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,925

Year Built

  • Built in 1996

Lot Details

  • Property fronts a private road
  • Private Beach
  • End Unit
  • Northwest Facing Home

HOA Fees

  • $1,217 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • Guest Parking
  • Open Parking
  • Assigned Parking

Property Views

  • Pool

Home Design

  • Contemporary Architecture
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,400 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Window Treatments
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Security System Owned
  • Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Vinyl Pool
  • Spa

Outdoor Features

  • Water Access
  • Balcony
  • Outdoor Storage

Location

  • Flood Zone Lot
  • City Lot

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 302
  • Assessor Parcel Number 0009112016

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, private road, recreational facilities, security, sewer, trash, water
  • High-Rise Condominium
  • Water Club At Longboat Key Community
  • Water Club 1 At Longboat Key Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 11-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pets up to 99 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,925

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,217 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3400
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 3952
  • Directions to Property: Gulf of Mexico Drive, north of Longboat Key Club, left (west) into Water Club complex. Unit in the south building at top of ramp.
  • Status: Sold
  • Floor Number: 3
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 8112
  • Property Description: End Unit, High Rise
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.88496
  • Price per Sq Ft: 676.47
  • Close to Original List Price Ratio: 0.88496
  • Ratio: Current Price\Building Area Total: 581.98
  • View: Yes
  • Ownership: Condominium,Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Marble, Hardwood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Crown Molding, Eating Space In Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Oven, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Basement
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Stories: 11
  • Window Features: Window Treatments
  • Street Number Modifier: 1241
  • Room Count: 6
  • Additional Rooms: Great Room, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Storage
  • Pool Features: Heated, Vinyl
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Pool, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Private
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Garage Door Opener, Guest, Parking Pad, Secured
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Maintenance, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee: 3650
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Secured Garage/Parking, Security System Owned
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 14600
  • Total Monthly Fees: 1216.67

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: GPD
  • Parcel Number: 0009112016
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, City Lot, In County
  • Millage Rate: 14.85
  • Future Land Use: 0405
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No, Yes
  • Max Pet Weight: 99
  • Minimum Lease: 3 Months
  • Num Timesper Year: 1
  • Expected Lease Date: 2012-03-01T05:00:00.000Z
  • Lease Restrictions Y N: Yes

Tax Info

  • Tax Annual Amount: 25925
  • Tax Book Number: 0033/0035
  • Tax Lot: 302

Multi Family

  • Waterfront Features: Beach - Private

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2011
Closed on
Feb 24, 2012
Sold by
Hoeksema Douglas A
Bought by
Beswick Tracy and Irrevocable Trust Agreement For The Besw
Seller's Agent
Janet Bassett
Buyer's Agent
Maggie Hicks
COLDWELL BANKER REALTY
List Price
$2,300,000
Sold Price
$2,300,000
Current Estimated Value
$3,968,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,668,732
Avg. Annual Appreciation
4.11%

Purchase Details

Closed on
Jul 22, 2005
Sold by
Diutsh Richard P and Diutsh Lois
Bought by
Hoeksema Douglas A and Douglas A Hoeksema Revocable Trust

Purchase Details

Closed on
Oct 3, 2000
Sold by
Monfort Kenneth W and Monfort Myra H
Bought by
Diutsch Richard P and Diutsh Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.92%
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Beswick Tracy $2,300,000 Attorney
Hoeksema Douglas A $2,700,000 --
Diutsch Richard P $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chapman Ronald W $580,000
Previous Owner Diutsch Richard P $125,001
Previous Owner Diutsch Richard P $500,000
Previous Owner Diutsch Richard P $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2012 03/01/12 Sold $2,300,000 0.0% $676 / Sq Ft
02/01/2012 02/01/12 Pending -- -- --
09/07/2011 09/07/11 For Sale $2,300,000 -- $676 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $41,983 $3,134,000 -- $3,134,000
2023 $46,515 $3,533,900 $0 $3,533,900
2022 $43,977 $3,382,000 $0 $3,382,000
2021 $40,056 $2,757,700 $0 $2,757,700
2020 $33,254 $2,231,200 $0 $2,231,200
2019 $30,677 $2,111,300 $0 $2,111,300
2018 $29,681 $2,028,300 $0 $2,028,300
2017 $30,198 $2,028,400 $0 $2,028,400
2016 $30,805 $2,028,400 $0 $2,028,400
2015 $30,006 $1,921,600 $0 $1,921,600
2014 $29,096 $1,825,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Janet Bassett

  • Maggie Hicks

    Buyer's Agent in 2012

    Maggie Hicks

    COLDWELL BANKER REALTY

    (941) 321-1759

    24 in this area

    38 Total Sales

    Maggie Hicks
    Section Image
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About Water Club at Longboat

Map

Source: Stellar MLS

MLS Number: A3948456

Stellar MLS

APN: 0009-11-2016

Florida Sarasota County Longboat Key 34228

1241 Gulf of Mexico Dr Unit 302, Longboat Key, FL

This home is located at 1241 Gulf of Mexico Dr Unit 302, Longboat Key, FL 34228 since 07 September 2011 and is currently estimated at $3,968,732, approximately $1,167 per square foot. This property was built in 1996. 1241 Gulf of Mexico Dr Unit 302 is a home located in Sarasota County with nearby schools including Southside Elementary School and Booker Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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