NOT LISTED FOR SALE

Water Club at Longboat 1241 Gulf of Mexico Dr Unit 303 Longboat Key, FL 34228

Estimated Value: $1,907,000 - $2,351,155

3 Beds
4 Baths
3,045 Sq Ft
$1,533/mo HOA Fee

Last Sold March 01, 2018

Last sale price $1,475,000 $484 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $14,590/month

Highlights

  • 680 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Southside Elementary School Rated A
  • Fitness Center
  • Sauna

About This Home

As of March 2018

Welcome to this beautiful beachfront condo with direct access to the white sand beaches and aquamarine waters of the Gulf Coast. This extraordinary residence features incredible views of the Gulf of Mexico over the Promenade pool, which is absolutely stunning at night. There is plenty of room with over 3,000 Sq Ft, a luxurious master suite with his & her baths, and 2 full guest suites. The stylish gourmet kitchen showcases custom hardwood cabinetry, granite countertops, an eat-in functional island, double built-in ovens and a cozy breakfast nook. Step out onto either of two spacious terraces and enjoy the legendary Florida sunset. A privately located elevator provides you with quick and easy access to the community amenities including impeccable concierge service, an 18,000 Sq Ft club house with a library, fitness center, sauna, game room, and ballroom, a heated Olympic-size pool, spa, Har-Tru tennis courts, and guarded gate entry with 24hrs security. Upon entering the gates you will discover 16 acres of lush tropical landscaping featuring swaying palms and numerous fountains. Enjoy the coveted island life filled with sun, sand and water only found at this premier luxury beachfront community, located a short distance from St. Armand's Circle and Downtown Sarasota’s culture, shopping and fine dining. Live the lavish, maintenance free lifestyle only found at the Water Club on Longboat Key.

Last Agent to Sell the Property

Jo Rutstein

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3085661 Listed on: 01/05/2018

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Jo Rutstein

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3085661 Listed on: 01/05/2018

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,134

Year Built

  • Built in 1996

Lot Details

  • Northwest Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $1,533 Monthly HOA Fees

Parking

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

Property Views

  • Garden
  • Pool

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 3,045 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Breakfast Room
  • Storage Room
  • Inside Utility
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Patio
  • Gazebo
  • Breezeway
  • Outdoor Grill
  • Porch

Location

  • Flood Zone Lot
  • Property is near public transit

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

  • Homestead Exemption
  • Assessor Parcel Number 0009112017

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, private road, recreational facilities, security, sewer, water
  • Water Club At Longboat Key Community
  • Water Club 01 At Longboat Key Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Community Storage Space
  • Elevator

Recreation

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

Pet Policy

  • Pets up to 35 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,134

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,533 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 3045
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 3423
  • Directions to Property: Gulf of Mexico Dr. to West into Water Club entrance. Past the guard gate proceed to the South building.
  • Status: Sold
  • Floor Number: 3
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-364-4014
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.93414
  • Price per Sq Ft: 484.4
  • Close to Original List Price Ratio: 0.93414
  • Ratio: Current Price\Building Area Total: 430.91
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Marble, Hardwood
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Elevator, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 1241
  • Room Count: 11
  • Additional Rooms: Breakfast Room Separate, Breezeway, Foyer, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Gazebo, Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground, Lighting, Other
  • Exterior Features: Balcony, Outdoor Grill, Outdoor Shower, Sauna, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: Garden, Pool, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Water View: Gulf/Ocean - Partial
  • Water Access: Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0126F
  • Waterfront Frontage: 680
  • Water Frontage Feet Gulf Ocean: 680
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Covered, Garage Door Opener, Guest, Secured, Underground
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, 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: Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Pool, Tennis Courts, Water Access
  • Association Amenities: Elevator(s), Fitness Center, Gated, Maintenance, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee: 4600
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Secured Garage/Parking, Smoke Detector(s), Fire/Smoke Detection Integration
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 18400
  • Monthly HOA Fee: 1533.33
  • Total Monthly Fees: 1533.33

Schools

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

Lot Info

  • Parcel Number: 0009112017
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, In County, Near Public Transit, Sidewalk, Zero Lot Line
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 3 Months
  • Approval Process: Check HOA docs
  • Num Timesper Year: 1
  • Pet Restrictions: two pets (small dog and/or cat) when fully grown can be carried comfortably in its owner's arms in all corridors, lobbies and elevators and other areas of the building.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Check HOA docs

Tax Info

  • Tax Annual Amount: 15134
  • Tax Book Number: 31-7
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2025
Sold by
Melissa Kotler Schwartz 2020 Irrevocable and Schwartz Melissa Kotler
Bought by
Quinn Nancy Kathryn
Total Days on Market
0
Current Estimated Value
$2,073,039

Purchase Details

Closed on
Apr 29, 2020
Sold by
Kotler Nancy K
Bought by
Schwartz Melissa Kotler and Schwartz Melissa Kotler

Purchase Details

Listed on
Jan 5, 2018
Closed on
Mar 1, 2018
Sold by
Morse Marvin H and Morse Betty H
Bought by
Kotler Nancy K
Seller's Agent
Jo Rutstein
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Jo Rutstein
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,579,000
Sold Price
$1,475,000
Premium/Discount to List
-$104,000
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Feb 26, 2010
Sold by
Silverberg Frances L
Bought by
Morse Marvin H and Morse Betty H

Purchase Details

Closed on
Mar 11, 2008
Sold by
Sullivan Patricia and Mcmahon Neil C
Bought by
Silverberg Frances L

Purchase Details

Closed on
Feb 19, 1996
Sold by
Longboat Dev Ltd Ptnr
Bought by
Shepard Richard C and Shepard Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.03%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Quinn Nancy Kathryn $2,000,000 None Listed On Document
Schwartz Melissa Kotler -- Attorney
Kotler Nancy K $1,475,000 Attorney
Morse Marvin H $1,295,000 Attorney
Silverberg Frances L -- Attorney
Silverberg Frances L $1,300,000 Attorney
Shepard Richard C $630,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quinn Nancy Kathryn $1,900,000
Previous Owner Shepard Richard C $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $1,475,000 -6.6% $484 / Sq Ft
01/05/2018 01/05/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $1,579,000 -- $519 / 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 $22,191 $1,449,193 -- --
2023 $22,191 $1,982,900 $0 $1,982,900
2022 $19,529 $1,649,600 $0 $1,649,600
2021 $16,009 $1,088,800 $0 $1,088,800
2020 $15,645 $1,036,700 $0 $1,036,700
2019 $20,322 $1,385,300 $0 $1,385,300
2018 $15,197 $1,063,322 $0 $0
2017 $15,134 $1,041,452 $0 $0
2016 $15,111 $1,398,700 $0 $1,398,700
2015 $15,231 $1,325,100 $0 $1,325,100
2014 $15,231 $990,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jo Rutstein

    Seller's Agent in 2018

    Jo Rutstein

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 587-9156

    29 in this area

    55 Total Sales

    Jo Rutstein
    Section Image
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About Water Club at Longboat

Map

Source: Stellar MLS

MLS Number: A4205872

Stellar MLS

APN: 0009-11-2017

Florida Sarasota County Longboat Key 34228

1241 Gulf of Mexico Dr Unit 303, Longboat Key, FL

This home is located at 1241 Gulf of Mexico Dr Unit 303, Longboat Key, FL 34228 since 05 January 2018 and is currently estimated at $2,073,039, approximately $680 per square foot. This property was built in 1996. 1241 Gulf of Mexico Dr Unit 303 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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