Listing provided courtesy of COLDWELL BANKER REALTYas Distributed by MLSGrid- MLS# MFRA4667938MLS Provider

1241 GULF OF MEXICO DRIVE #803LONGBOAT KEY, FL 34228

Condo · 3 Beds · 4 Full Baths · 3,045 Sq. ft. | 2.11 Acres
$3,249,000 Active

1241 GULF OF MEXICO DRIVE #803 Overview

Time on Site:
264 days
Visits:
2

The epitome of beachfront luxury awaits in this meticulously renovated 8th-floor residence at the prestigious Water Club on Longboat Key. This stunning 3-bedroom plus oversized study, 4-bath home is a rare offering in one of the Gulf Coast’s premier direct beachfront communities. From the moment you step off the private elevator into the foyer, you’re greeted by serene neutral tones, 10-foot ceilings, and wide-plank engineered hardwood floors that set the tone for elegant coastal living. Walls of glass frame spectacular, unobstructed views of the Gulf of Mexico, filling the expansive living spaces with natural light and breathtaking scenery. The open-concept floor plan seamlessly blends comfort and sophistication, enhanced by recessed lighting and a calming contemporary palette. The spacious living room flows onto a generous beachfront terrace—perfect for soaking in mesmerizing views and the soothing sounds of the surf. The designer kitchen is a showcase of modern design, featuring white glass subway tile backsplash, solid wood cabinetry, an induction cooktop with pot filler, Sub-Zero refrigerator, and premium stainless-steel appliances. A large center island and adjacent breakfast area provide the perfect setting for casual meals with sweeping water views. Each guest suite is a luxurious haven, including one with double queen beds and an en suite bath with soaking tub and separate shower. The third bedroom is currently configured as an office, yet spacious enough to accommodate a queen-size bed, and offers beautiful views of downtown Sarasota. The primary suite is a private retreat, featuring its own beachfront terrace, a separate sitting area, custom-fitted dual closets, and a spacious study with built-in office space. The spa-inspired primary bath is the essence of indulgence with white marble floors and walls, a freestanding soaking tub, and a glass-enclosed walk-in shower. Additional highlights include two under-building covered garage parking spaces, a private storage closet, and access to all the amenities of the Water Club—24-hour security, full concierge service, a resort-style pool and spa, Har-Tru tennis courts, fitness center, clubhouse with catering kitchen, and over 16 acres of pristine beachfront grounds. This is beachfront living redefined! Located just a short distance to St. Armands and downtown Sarasota's shopping, dining & cultural events.

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1241 GULF OF MEXICO DRIVE #803 Facts & Features

  • Type Condo
  • Sq. ft. 3,045
  • Price/Sq.ft. $1,067
  • Lot 2.11 Acres

Details

General

Association/HOA

  • Association Amenities: Clubhouse,Elevators,Fitness Center,Gated,Pickleball Court(s),Pool,Recreation Facilities,Sauna,Spa/Hot Tub,Storage,Tennis Court(s),Vehicle Restrictions
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Guard - 24 Hour,Common Area Taxes,Pool,Escrow Reserves Fund,Maintenance Structure,Maintenance Grounds,Management,Pest Control,Private Road,Recreational Facilities,Sewer,Trash,Water
  • Association Name: Matthew Simone
  • Association: Yes

School Information

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

Building Information

  • New Construction: No
  • Year Built: 1996

Location/Region

  • Country: US
  • County Or Parish: Sarasota
  • MLS Area Major: 34228 - Longboat Key
  • Subdivision Name: WATER CLUB 01 AT LONGBOAT KEY
  • Township: 36

Community/Development

  • Community Features: Association Recreation - Owned,Buyer Approval Required,Clubhouse,Community Mailbox,Deed Restrictions,Fitness Center,Gated Community - Guard,Pool,Tennis Court(s)

Tax Information

  • Tax Annual Amount: 31925.65
  • Tax Year: 2025

General Information

  • Furnished: Unfurnished
  • Listing Terms: Cash,Conventional
  • Ownership: Condominium
  • Pets Allowed: Cats OK,Dogs OK,Number Limit,Size Limit,Yes
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 2
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 3

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 3423
  • Building Area Units: Square Feet

General Information

  • Appliances: Built-In Oven,Convection Oven,Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range,Range Hood,Refrigerator,Washer
  • Cooling: Central Air,Zoned
  • Fireplace Features: Electric,Living Room
  • Fireplace: Yes
  • Flooring: Hardwood,Marble,Travertine
  • Foundation Details: Pillar/Post/Pier,Slab
  • Heating: Central,Electric,Zoned
  • Interior Features: Built-in Features,Ceiling Fans(s),Eat-in Kitchen,High Ceilings,Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,Solid Surface Counters,Solid Wood Cabinets,Split Bedroom,Stone Counters,Walk-In Closet(s)
  • Laundry Features: Electric Dryer Hookup,Inside,Laundry Room,Washer Hookup
  • Levels: One
  • Living Area: 3045
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Security Features: Gated Community,Secured Garage/Parking,Security Gate,Smoke Detector(s)
  • Spa Features: Heated,In Ground
  • Spa: Yes
  • Stories Total: 11

Unit Information

  • Unit Number: 803

Exterior

Parking Information

  • Parking Features: Assigned,Common,Covered,Deeded,Ground Level,Guest,Open,Portico,Basement

Lot Information

  • Additional Parcels: No
  • Lot Features: FloodZone
  • Lot Size Acres: 2.11
  • Lot Size Square Feet: 91910
  • Road Surface Type: Paved
  • Vegetation: Mature Landscaping,Trees/Landscaped
  • Water Source: Public

Waterfront/View

  • View: City,Water,Beach,Gulf/Ocean - Full,Gulf/Ocean to Bay
  • Water Body Name: GULF OF MEXICO
  • Waterfront Features: Beach Front,Gulf/Ocean
  • Waterfront: Yes

Building Exterior/Construction

  • Architectural Style: Custom,Other
  • Attached Garage: Yes
  • Construction Materials: Block,Stucco
  • Direction Faces: Southwest
  • Patio And Porch Features: Covered,Other,Porch,Rear Porch,Side Porch
  • Roof: Concrete,Tile

General Information

  • Carport: No
  • Exterior Features: Lighting,Sliding Doors,Storage,Tennis Court(s)
  • Pool Features: Heated,In Ground
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available,Electricity Available,Phone Available,Public,Sewer Connected,Underground Utilities,Water Connected

Room Information

Room: Bedroom 2

  • Level: First
  • Dimensions: 14x17
  • Length: 17
  • Width: 14
  • Features: En Suite Bathroom

Room: Bedroom 3

  • Level: First
  • Dimensions: 14x15
  • Length: 15
  • Width: 14

Room: Dining Room

  • Level: First
  • Dimensions: 12x15
  • Length: 15
  • Width: 12

Room: Kitchen

  • Level: First
  • Dimensions: 13x18
  • Length: 18
  • Width: 13
  • Features: Built-In Shelving,Kitchen Island

Room: Living Room

  • Level: First
  • Dimensions: 19x21
  • Length: 21
  • Width: 19

Room: Primary Bedroom

  • Level: First
  • Dimensions: 14x20
  • Length: 20
  • Width: 14
  • Features: Double Vanity,En Suite Bathroom,Garden Bath,Makeup/Vanity Space,Other Specify In Remarks,Stone Counters,Tub with Separate Shower Stall

1241 GULF OF MEXICO DRIVE #803 Neighborhood

Community

34228 (LONGBOAT KEY) Demographics

71
Median Age
575
Population Density (per sq. mile)
71%
College Educated
$108,015
Estimated Median Income
3,741
Estimated Total Home Owners
198
Estimated Total Renters
95% / 5%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1241 GULF OF MEXICO DRIVE #803 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1241 GULF OF MEXICO DRIVE #803 Market Data

Based on the last 30 days in this zip code

$1,987,350
Average List Price
$1,018
Average Price per Square Foot
63
Properties Sold
168
Average Days on Market
415
Properties for Sale
Calculations provided by Reliance Network

1241 GULF OF MEXICO DRIVE #803 History

Date Event Value Agent
6/29/2026Source: My Florida Regional MLS Price Reduction
$3,249,000 -3.0%
1/5/2026Source: My Florida Regional MLS Price Reduction
$3,350,000 -9.3%
10/9/2025Source: My Florida Regional MLS Added to Database
October 09, 2025
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022