$3,295,000
$100K PRICE INCREASE

1241 Gulf of Mexico Dr Unit 603 Longboat Key, FL 34228

Estimated payment $22,106/month

Total Views 3,542
3 Beds
4 Baths
3,045 Sq Ft
$1,082 Price per Sq Ft

Highlights

  • Beach Front
  • White Water Ocean Views
  • Heated Spa
  • Southside Elementary School Rated A
  • Deeded access to the beach
  • 2.11 Acre Lot

About This Home

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.

Listing Agent

Reid Murphy

DEVELOPERS REALTY LBK, INC Brokerage Phone: 941-799-9096 License #0613756 Listed on: 04/15/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,359

Year Built

  • Built in 1996

Lot Details

  • Beach Front
  • South Facing Home
  • Street paved with bricks

HOA Fees

  • $2,357 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • White Water Ocean
  • Beach

Home Design

  • Entry on the 6th floor
  • Slab Foundation
  • Steel Frame
  • Block Exterior

Interior Spaces

  • 3,045 Sq Ft Home
  • 1-Story Property
  • Shades
  • Blinds
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Pool

  • Heated Spa
  • Heated Above Ground Pool
  • Above Ground Spa

Outdoor Features

  • Deeded access to the beach
  • Balcony

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, internet
  • Mattew Simone Association, Phone Number (941) 387-7719
  • Water Club Association
  • Water Club At Longboat Key Community
  • Water Club 01 At Longboat Key Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • 1 Pet Allowed
  • Dogs and Cats Allowed
  • Small pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,359

Year Built

Built in 1996

Lot Details

0

HOA Fees

$2,357 per month

Parking

1

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Internet
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Metal Frame
  • Fireplace: No
  • Living Area: 3045
  • Lot Size Acres: 2.11
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 3045
  • Lot Size Sq Ft: 91910
  • Directions to Property: Gulf of Mexico drive to 1241 Gmd. Building on left at top of hill.
  • Status: Active
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 6
  • List Office Head Office Key Nume: 1044447
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 1082.10
  • Total Acreage: 2 to less than 5
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-799-9096
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 4
  • Interior Amenities: Eat-in Kitchen
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Above Ground, Heated
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds, Shades
  • Street Number Modifier: 1241
  • Living Area Meters: 282.89
  • Room Count: 6

Exterior Features

  • Direction Faces: South
  • Pool Features: Above Ground, Heated
  • Exterior Features: Balcony
  • Roof: Other
  • Home Warranty: No
  • Pool Private: Yes
  • Waterfront: Yes
  • Road Surface Type: Brick
  • Water Access: Beach - Access Deeded
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full,Beach
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions
  • Association Fee Frequency: Quarterly
  • Association Name: Mattew Simone
  • Phone: 941-387-7719
  • Association: Yes
  • Senior Community: No
  • Association: Water Club
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: WATER CLUB
  • Condo Fees: 7072
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 2357
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 28288.00
  • Total Monthly Fees: 2357.33

Lot Info

  • Parcel Number: 0009112041
  • Additional Parcels: No
  • Flood Zone Code: Ae
  • Homestead YN: 0
  • Lot Size Square Meters: 8539

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Docs

Tax Info

  • Tax Annual Amount: 27359.41
  • Tax Book Number: 31-7
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach Front
  • Approval Process: See Docs

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $27,359 $1,741,614 -- --
2023 $25,654 $2,256,600 $0 $2,256,600
2022 $22,434 $1,854,600 $0 $1,854,600
2021 $19,006 $1,308,500 $0 $1,308,500
2020 $18,603 $1,248,200 $0 $1,248,200
2019 $24,699 $1,699,900 $0 $1,699,900
2018 $23,892 $1,632,700 $0 $1,632,700
2017 $24,055 $1,599,822 $0 $0
2016 $23,414 $1,632,800 $0 $1,632,800
2015 $22,390 $1,546,800 $0 $1,546,800
2014 $20,336 $1,092,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Price Changed $3,295,000 +3.1% $1,082 / Sq Ft
04/15/2025 04/15/25 For Sale $3,195,000 -- $1,049 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,525,000 Attorney
Deed -- --
Warranty Deed $1,575,000 --
Warranty Deed $1,300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $800,000 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: A4648856

Stellar MLS

APN: 0009-11-2041