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Active · Condo

1241 GULF OF MEXICO DRIVE

LONGBOAT KEY, FL 34228

Beds
3 beds
Baths
4 baths
Area
3,045 sqft
CondoBuilt 199691,910 sqft lot1-car garageCentralCentral AirPool$819/sqftListed today

About this home

Welcome to this spectacular three bedroom 3rd floor 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.

Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
3,045 sqft
Heating
Central
Cooling
Central Air
Flooring
Hardwood
Stories
1
Features
Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings
Appliances
Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater

Exterior & lot

Lot size
91,910 sqft (2.11 ac)
Pool
Yes
Waterfront
Yes
Roof
Other
Construction
Brick
Exterior
Balcony

Parking

Garage
1 space

Financial

Annual tax
$25,482 (2025)
Price / sqft
$819/sqft

Utilities

Water
Public
Sewer
Public Sewer
Utilities
Cable Connected, Electricity Connected, Fiber Optics

Property

Property type
Condo
Year built
1996
Subdivision
WATER CLUB 01 AT LONGBOAT KEY
County
Sarasota

Listing

Status
Active
Days on market
Today
MLS #
MFR802601962
Source
Stellar MLS

Listed by Reid Murphy · DEVELOPERS REALTY LBK, INC

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

RRENA ValiQRENA ValiQ is an estimated value, blended from public sale comps, neighbourhood trend and this listing’s own metrics. It is a reference, not a guaranteed or asking price. The final number moves on diligence, terms and timing.Estimate

Sample estimate — not an appraisal

$2.35M
−5.9% vs asking
$2.20M low$2.50M high

Based on 18 comparable sales within 3 miles of LONGBOAT KEY, FL, this home is priced over RENA ValiQ.

Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.

Estimate your monthly cost

PITI + HOA
Estimated monthly payment$15,559/mo
Principal & interest
$13,279/mo
Property tax
$2,079/mo
Home insurance
$200/mo

Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.

Ask about this property

Answered from this listing’s own figures and the sales around it.

Price history

From the property’s MLS record.

DateEventPriceChange
Aug 13, 2026Listed$2,495,000

NeighbourhoodSample data

Reference scores for LONGBOAT KEY, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.

Walk Score
52/ 100
Somewhat walkable
Transit Score
36/ 100
Some transit
Bike Score
47/ 100
Somewhat bikeable
Elementary school
9/ 10
Top-rated
Middle school
10/ 10
Top-rated
High school
6/ 10
Above average

Location

Frequently asked questions

What would 1241 GULF OF MEXICO DRIVE, LONGBOAT KEY cost per month?

About $15,987 a month: $12,616 principal and interest, $2,123 property tax, $1,248 insurance. That assumes 20% down at 6.5% over 30 years.

Is 1241 GULF OF MEXICO DRIVE, LONGBOAT KEY priced fairly?

Comparable sales nearby put it between $2,589,727 and $2,979,579, with $2,784,653 in the middle. That is from 8 properties of the same type and size within three miles, at a median of $915 a square foot.

How does 1241 GULF OF MEXICO DRIVE, LONGBOAT KEY compare to nearby homes?

8 comparable properties within three miles. The nearest: 1241 GULF OF MEXICO DRIVE, LONGBOAT KEY, FL at $2,745,000, 3,045 sq ft, 0 miles away; 1241 GULF OF MEXICO DRIVE, LONGBOAT KEY, FL at $3,200,000, 2,965 sq ft, 0 miles away; 1241 GULF OF MEXICO DRIVE, LONGBOAT KEY, FL at $3,295,000, 3,045 sq ft, 0 miles away.

How long has 1241 GULF OF MEXICO DRIVE, LONGBOAT KEY been on the market?

It came on the market today.

Has the price of 1241 GULF OF MEXICO DRIVE, LONGBOAT KEY changed?

The price has not moved since it was listed.

How big is 1241 GULF OF MEXICO DRIVE, LONGBOAT KEY?

3 bed, 4 bath, 3,045 square feet. That is $819 a square foot.

What year was 1241 GULF OF MEXICO DRIVE, LONGBOAT KEY built?

Built in 1996.

What is the HOA fee at 1241 GULF OF MEXICO DRIVE, LONGBOAT KEY?

The feed lists no association fee for this property.

What are the property taxes at 1241 GULF OF MEXICO DRIVE, LONGBOAT KEY?

Property tax works out to about $2,123 a month, $25,482 a year.

Is 1241 GULF OF MEXICO DRIVE, LONGBOAT KEY still available?

It is still on the market.

Similar homes nearby

Homes for sale in LONGBOAT KEY within the same price band.