NOT LISTED FOR SALE

Water Club at Longboat 1241 Gulf of Mexico Dr Unit 406 Longboat Key, FL 34228

Estimated Value: $2,247,000 - $2,885,000

3 Beds
3 Baths
2,650 Sq Ft
$1,533/mo HOA Fee

Last Sold January 03, 2019

Last sale price $1,350,000 $509 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $17,780/month

153 Days on Market

Highlights

  • 1,360 Feet of Waterfront
  • Beach View
  • Public Beach
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of January 2019

Indulge in this beautiful and beachfront condo located on the white sand beaches and aquamarine waters of the Gulf Coast. This extraordinary residence comes furnished and features stunning views of the Gulf of Mexico over Water Club’s extraordinary pool and grounds, a luxurious master suite with three walk-in closets, a full en-suite guest room on the opposite end of the residence, and a 3rd bedroom currently being used as a den. The stylish gourmet kitchen showcases custom 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 semi-private elevator provides you with quick and easy access to the community amenities including impeccable concierge service, an 18,000 Sq Ft clubhouse 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 24-hour security. Upon entering the gates you will discover 16 acres of lush tropical landscaping featuring swaying palms and 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. Armands 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: 06/29/2018

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Janis Collier

MICHAEL SAUNDERS & COMPANY License #0481205

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,618

Year Built

  • Built in 1996

Lot Details

  • Public Beach
  • Northwest Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $1,533 Monthly HOA Fees

Parking

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

Property Views

  • Pool

Home Design

  • Custom Home
  • Slab Foundation
  • Insulated Concrete Forms
  • Membrane Roofing

Interior Spaces

  • 2,650 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Den
  • Storage Room
  • Inside Utility
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • 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
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Gazebo
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near a golf course

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • High-Rise Condominium
  • Water Club At Longboat Key Community
  • Water Club At Longboat Key Subdivision
  • Association Owns Recreation Facilities
  • Rental Restrictions
  • 11-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

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

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Small pets allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Hurricane or Storm Shutters
  • Storm Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,618

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,533 per month

Parking

1

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: ICFs (Insulated Concrete Forms)
  • Fireplace: No
  • Living Area: 2650
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 3106
  • Directions to Property: Gulf of Mexico Dr. to West into Water Club entrance. Past the guard gate proceed to the South building.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4406877&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4406877&cview=true&show_results=true&customer_portal=true
  • Floor Number: 4
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: High Rise
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.87097
  • Price per Sq Ft: 509.43
  • Close to Original List Price Ratio: 0.87097
  • Ratio: Current Price\Building Area Total: 434.64
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Marble, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 11
  • Window Features: Window Treatments, Storm Window(s)
  • Street Number Modifier: 1241
  • Room Count: 13
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Gazebo, Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground, Lighting
  • Exterior Features: Balcony, Hurricane Shutters, Lighting, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial, Beach, Gulf/Ocean - Full
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0126F
  • Waterfront Frontage: 1360
  • Water Frontage Feet Beach Pub: 680
  • Additional Water Information: Views of Sarasota Bay
  • Water Frontage Feet Gulf Ocean: 680
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Garage Door Opener, Guest, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Corridor Access, Inside, Laundry Room, Other
  • 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, Fitness, Gated Community, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Secured Garage/Parking, Security Gate, Smoke Detector(s), Fire/Smoke Detection Integration
  • Senior Community: No
  • Condo Fees: 4600
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1533
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

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

Lot Info

  • Parcel Number: 0009112028
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, In County, Near Golf Course, Near Public Transit, Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: 3 Months
  • Approval Process: Please see association lease application and rules.
  • Num Timesper Year: 2
  • Pet Restrictions: Two pets (small dog and/or cat) which 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: Pleas see association lease application and rules.

Tax Info

  • Tax Annual Amount: 10618
  • Tax Book Number: 31-7
  • Tax Lot: 406

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Jan 3, 2019
Sold by
Rosen Raymond B and Rosen Myra L
Bought by
Green Joanna
Seller's Agent
Jo Rutstein
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Janis Collier
MICHAEL SAUNDERS & COMPANY
List Price
$1,550,000
Sold Price
$1,350,000
Premium/Discount to List
-$200,000
-12.9%
Current Estimated Value
$2,603,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,253,150
Avg. Annual Appreciation
11.50%

Purchase Details

Closed on
Dec 4, 1998
Sold by
Rosen Raymond B
Bought by
Rosen Raymond B
Source: Public Records

Range of Values:

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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
Green Joanna $1,334,286 Attorney
Rosen Raymond B -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2019 01/03/19 Sold $1,350,000 -12.9% $509 / Sq Ft
11/29/2018 11/29/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $1,550,000 -- $585 / 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 $26,073 $1,622,755 -- --
2023 $24,560 $2,165,500 $0 $2,165,500
2022 $21,487 $1,778,500 $0 $1,778,500
2021 $17,976 $1,219,200 $0 $1,219,200
2020 $17,488 $1,155,400 $0 $1,155,400
2019 $19,112 $1,297,000 $0 $1,297,000
2018 $10,737 $753,646 $0 $0
2017 $10,618 $738,145 $0 $0
2016 $10,599 $1,245,400 $0 $1,245,400
2015 $10,624 $1,179,800 $0 $1,179,800
2014 $10,622 $701,713 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jo Rutstein

    Seller's Agent in 2019

    Jo Rutstein

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 587-9156

    29 in this area

    55 Total Sales

    Jo Rutstein
    Section Image
  • Janis Collier

    Buyer's Agent in 2019

    Janis Collier

    Michael Saunders

    (941) 313-1212

    5 in this area

    47 Total Sales

    Janis Collier
    Section Image
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About Water Club at Longboat

Map

Source: Stellar MLS

MLS Number: A4406877

Stellar MLS

APN: 0009-11-2028

Florida Sarasota County Longboat Key 34228

1241 Gulf of Mexico Dr Unit 406, Longboat Key, FL

This home is located at 1241 Gulf of Mexico Dr Unit 406, Longboat Key, FL 34228 since 29 June 2018 and is currently estimated at $2,603,150, approximately $982 per square foot. This property was built in 1996. 1241 Gulf of Mexico Dr Unit 406 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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