1241 GULF OF MEXICO DRIVE PH1102 Longboat Key, FL $ 5,995,000
1241 GULF OF MEXICO DRIVE PH1102
$ 5,995,000
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1241 GULF OF MEXICO DRIVE PH1102

Longboat Key, FL, 34228
$ 5,995,000
Bedrooms3 Baths4.1 Sq 3,400

Monthly Estimate*

$ 41,406

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Condo for sale in Longboat Key, FL

for $5,995,000 with 3 bedrooms and 4 full baths, 1 half bath. This 3,400 square foot condo was built in 1996.

Experience an exceptional expression of Gulf-front living in this impeccably maintained penthouse at The Water Club on Longboat Key. Occupying the coveted northwest penthouse position on the 11th floor of Building One, this pristine residence encompasses approximately 3,400 square feet with three bedrooms and four-and-a-half baths. Three separate balconies capture sweeping views of the Gulf of America, providing inviting settings for morning coffee, alfresco relaxation, and spectacular sunsets. An under-building parking space and an additional semi-private garage complement this distinguished waterfront offering. Set within 16 acres of magnificent beachfront grounds, The Water Club offers an extraordinary collection of amenities that extends the comforts of home well beyond your residence. The beautifully renovated, 18,000-square-foot clubhouse provides elegant spaces for relaxation, recreation, and entertaining, including a club room with billiards, a library with fireplace, and a ballroom with catering kitchen. Four lighted Har-Tru tennis courts, a heated junior Olympic pool, hot tub, spa, and fitness center create a resort experience, while a firepit, grills, and direct access to a beautiful stretch of beach invite you to embrace the coastal lifestyle. Gated security, concierge services, on-site management, and climate-controlled storage add everyday comfort and convenience. Ideally situated at the southern end of Longboat Key, this residence places you minutes from the boutiques and dining of St. Armands Circle, downtown Sarasota’s vibrant waterfront and cultural attractions, and an array of exceptional restaurants. Nearby conveniences include Publix and CVS, with the Longboat Key Club’s golf, tennis, and dining offerings close at hand. The neighboring St. Regis further enhances this desirable coastal setting, and Sarasota Bradenton International Airport is approximately 20 minutes away. Welcoming up to two pets, The Water Club is equally appealing as a full-time residence or a refined seasonal retreat. Discover the rare combination of penthouse privacy, generous living spaces, captivating Gulf views, and an exceptional beachfront lifestyle. Schedule your private showing today.

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Condo Active

Price

$ 5,995,000

Bedrooms

3

Full Bath

4

Half Bath

1

Property Type

Condo

Taxes

$ 29,532

Style

Coastal Custom Florida

Year Built

1996

Town/City

Longboat Key

County/Region

Manatee

MLS | Web ID

A4708305

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Cable Connected Electricity Connected Natural Gas Connected Public Sewer Connected Street Lights Underground Utilities Water Connected
Roof Concrete Membrane
Appliances Built-In Oven Cooktop Dishwasher Disposal Dryer Electric Water Heater Freezer Microwave Refrigerator Washer
Garage Spaces 2
Association Fee Includes 24-Hour Guard Common Area Taxes Community Pool Maintenance Grounds Pool Maintenance Private Road Security
Patio/Porch Features Covered Side Porch
Architectural Style Coastal Custom Florida
Security Features Fire Alarm Fire Sprinkler System Gated Community Key Card Entry Security Gate Security Lights Smoke Detector(s)
Construction Materials Concrete Stucco
Pets Allowed Cats OK Dogs OK
Year Built 1996
View Golf Course Water
Levels One
Unit Number PH1102
Property Subtype Condominium
Tax Year 2025
Ownership Condominium
Waterfront Features Gulf/Ocean Front Waterfront Beach
Community Features Gulf/Ocean Front Waterfront Clubhouse Fitness Center Gated Community - Guard Pool Sidewalks Tennis Court(s)
County Sarasota
New Construction false
Property Type Residential
Association Amenities Clubhouse Elevator(s) Fitness Center Gated Lobby Key Required Maintenance Pool Security Spa/Hot Tub Tennis Court(s)
Attached Garage true
Subdivision Name WATER CLUB 01 AT LONGBOAT KEY
Facing Direction North
Garage Y/N true
Total Rooms 5
Full Baths 4
Status Active
Directions From Gulf of Mexico Dr Turn left into Water Club building is to the left (south) side when driving up to the clubhouse. Additional parking on lower levels near garage entrances.
High School Booker High
City LONGBOAT KEY
Body of Water GULF OF AMERICA
Association Name Matthew Simone
Senior Community Y/N false
MLS Area 34228 - Longboat Key
Lot Size Square Feet 0
Carport Y/N false
Listing Terms Cash Conventional
Elementary School Southside Elementary
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 29532.72
Middle/Junior High School Booker Middle
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot PH2
Legal Description UNIT PH02 THE WATER CLUB 1 AT LONGBOAT KEY
Water View Bay/Harbor - Partial Beach Gulf/Ocean - Full Gulf/Ocean - Partial Gulf/Ocean to Bay Intracoastal Waterway
Water Access Type Beach Beach - Access Deeded Gulf/Ocean
Pet Size Limit Small (16-35 Lbs.)
Minimum Lease 3 Months
Water Access Y/N true
Monthly Condo Fee Amount 2554
HOA Monthly Maintenance 0
Additional Rooms Family Room Great Room Inside Utility
Water View Y/N true
Flood Zone Code AE
In Law Suite YN false
DockY/N false
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Interior
Interior Amenities Ceiling Fan(s) Coffered Ceiling(s) Crown Molding Eating Space In Kitchen Living Room/Dining Room Combo Open Floorplan Primary Bedroom Main Floor Skylight(s) Solid Surface Counters Solid Wood Cabinets Split Bedroom Thermostat Tray Ceiling(s)
Flooring Carpet Ceramic Tile Travertine
Furnished Y/N Unfurnished
Total Stories 11
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows Shades
Fireplace Y/N false
Half Baths 1
Laundry Features Inside Laundry Room
Total Bedrooms 3
Total Baths 5
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Exterior
Exterior Amenities Balcony Lighting Outdoor Grill Sliding Doors Storage
Vegetation Mature Landscaping Oak Trees Trees/Landscaped
Parking Features Common Deeded Driveway Ground Level Guest Open Reserved Under Building
Lot Features CoastalConstruction Control Line FloodZone Landscaped Near Golf Course Near Marina Near Public Transit Sidewalk
Water Source Public
Foundation Details Concrete Perimeter Pillar/Post/Pier
Spa false
Building Area Total 3952
Lot Size Acres 0
Road Surface Type Brick Paved
Private Pool false
Waterfront Y/N true
Covered Spaces 2
Road Frontage Type Street Brick Street Paved Private Road
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* Excluded Features
List By
Michael Saunders & Company

Broker

SteveWalter@MichaelSaunders.com

Email

Affordability Calculator

$43,867
Per Month
94%
6%
0%
Monthly Principal & Interest
$41,406
Monthly Property Taxes
$2,461
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Booker High High School High School
Pricing History
DatePricePrice ChangeDescription
10/26/2026$5,995,000 Listed Price

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1241 GULF OF MEXICO DRIVE PH1102, Longboat Key, FL, 34228 is a Condo for sale at $5,995,000 with 3,400 sqft. 1241 GULF OF MEXICO DRIVE PH1102 has 3 bedrooms, 4.1 baths, and was built in 1996. The property's zip code is 34228 which is in Longboat Key, FL