1241 Gulf Of Mexico Dr #303, photo 1
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Overview

3 bd4 ba3,045 sqft1 car garageCondominium
TypeCondominium
Condo dues$2,554/mo
Built1996
Lot91,910 sqft
Living area3,045 sqft
Price / sqft$819
Garage1 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Eat-in KitchenElevatorHigh CeilingsBalconyBuyer Approval RequiredClubhouseCommunity Mailbox

1241 Gulf Of Mexico Dr #303 is a 1996-built home in Water Club 01 At Longboat Key, Longboat Key. Inside you'll find 3 bedrooms, 4 bathrooms, and 3,045 square feet of living space. Listed at $2,495,000 (about $819/sqft), 61 days on market. Flood zone AE - confirm flood insurance requirements with your lender. Condo dues run $2,554 monthly.

From the listing

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.

The essentials

Built
1996
Price / sqft
$819
On market
61 days
Annual tax
$25,482
Condo dues
$2,554/mo
Flood zone
AE
Lot
91,910 sqft
Type
Condominium

At a glance

Condo
Built 1996
Waterfront
Beach Front
Private pool
Heated
1 car garage
Private balcony
Outdoor space

Payment

Est. monthly payment
$18,937/mo
Down payment (20%)
$499,000
Property taxes
$2,123/mo
Condo dues
$2,554/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1996
Lot
91,910 sqft
Cooling
Central Air
Heating
Central
Parking
-
Pool
Above Ground, Heated, Lap
Waterfront
Beach Front
Days on Market
61
Ceiling Fans(s)
Eat-in Kitchen
Elevator
High Ceilings
Balcony
Buyer Approval Required
Clubhouse
Community Mailbox
Deed Restrictions
Fitness Center
Gated Community - Guard
Pool
Tennis Court(s)
Convection Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Flood Zone AE
Annual Tax (2025)
$25,482
Parcel #
0009112017

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Water Club 01 At Longboat Key
County
Sarasota
MLS Area
34228 - Longboat Key
Lot Size
91,910 sqft
Condo dues
$2,554/mo
Matthew Simone

Price history

Date
Event
Price
8/13/2026
Listed for sale
Source: Stellar MLS #A4702831
$2,495,000
$819/sqft

Neighborhood

1241 Gulf Of Mexico Dr #303
Longboat Key, FL, 34228 · 34228 - Longboat Key

Market insights

Offer Insights

Choose an offer strength

List price: $2,495,000
$2.35M – $2.50M
94.3% – 100% of listTops out right at the list price
80% of listList price
69 of the last 136 condo closings in 34228 landed at this number or higher (51%). The median one sat 86 days before it went under contract, and this one is on day 61.

Sample: 136 closed condo sales in 34228 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$18,937/mo
Principal & interest$13,012
Property taxes$2,123
Insurance$1,248
HOA$2,554
Down payment20% · $499,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$2,495,000

$819 per sq ft

Beds and baths

3 beds, 4 baths

Size

3,045 sq ft

Time on market

61 days

Year built

1996

Monthly payment

About $18,937/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $25,482 annual tax bill, insurance, and $2,554/mo in condo dues.

Condo dues

$2,554/mo

Managed by Matthew Simone.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byDEVELOPERS REALTY LBK, INCListing agent: Reid MurphyListing data from Stellar MLS, MLS# A4702831.

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