1241 GULF OF MEXICO DRIVE 506 Longboat Key, FL $ 3,750,000
1241 GULF OF MEXICO DRIVE 506
$ 3,750,000
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1241 GULF OF MEXICO DRIVE 506

Longboat Key, FL, 34228
$ 3,750,000
Bedrooms3 Baths3.0 Sq 2,650

Monthly Estimate*

$ 25,900

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Condo for sale in Longboat Key, FL

for $3,750,000 with 3 bedrooms and 3 full baths. This 2,650 square foot condo was built in 1996 on a lot size of 2.11.

Watch the winter sun melt into the Gulf from one of the most sought-after positions at The Water Club. Residence 506 sits in the South Tower on an even-numbered stack. This side catches the season’s best sunsets over the Gulf of Mexico and looks out over the Water Club’s own pool, gardens plus the beaches and water of the Gulf. Those who know Longboat Key want The Water Club. Those who know The Water Club want an even-numbered residence in the South Tower. Inside, a complete top-to-bottom renovation finished in 2025 makes the residence feel brand new. The designer kitchen is the centerpiece, with stone counters, premium appliances, a wine refrigerator and eat-in space. It opens to the living and dining areas, and a wet bar sets the stage for sunset entertaining. All three bathrooms have been fully remodeled. New porcelain tile, updated trim and crown molding, modern lighting and fresh paint run throughout the 2,650 square feet. A whole-home Lutron system sets the mood room by room with the touch of a button. Beyond your door, The Water Club delivers a true resort lifestyle on the Gulf. Amenities include a beachfront pool and spa, Har-Tru tennis courts, a fitness center with saunas and locker rooms, an elegant clubhouse, a library and private event spaces, all within a gated community with 24-hour security and attentive staff. Whether it’s your full-time home or a seasonal escape, Residence 506 is Gulf-front living in the Water Club at its finest.

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Condo Coming Soon

Price

$ 3,750,000

Bedrooms

3

Full Bath

3

Property Type

Condo

Taxes

$ 27,928

Style

Condominium

Lot Size

2.11

Year Built

1996

Town/City

Longboat Key

County/Region

Manatee

MLS | Web ID

A4711589

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities BB/HS Internet Available Cable Available Cable Connected Electricity Available Electricity Connected Phone Available
Roof Concrete
Appliances Bar Fridge Built-In Oven Cooktop Dishwasher Disposal Dryer Exhaust Fan Freezer Gas Water Heater Ice Maker Microwave Range Range Hood Refrigerator Washer Wine Refrigerator
Garage Spaces 0
Association Fee Includes 24-Hour Guard Cable TV Community Pool Insurance Internet Maintenance Structure Maintenance Grounds Maintenance Repairs Manager Pest Control Pool Maintenance Recreational Facilities Security Sewer Trash Water
Security Features Gated Community Key Card Entry Smoke Detector(s)
Construction Materials Concrete
Pets Allowed Number Limit Size Limit Yes
Year Built 1996
View Pool Water
Levels One
Unit Number 506
Property Subtype Condominium
Tax Year 2025
Ownership Condominium
Waterfront Features Gulf/Ocean Front Waterfront
Community Features Gulf/Ocean Front Water Access Waterfront Buyer Approval Required Clubhouse Fitness Center Gated Community - Guard Pool Sidewalks Tennis Court(s)
Assoc Fee Paid Per Quarterly
County Sarasota
New Construction false
Property Type Residential
Attached Garage true
Energy Efficient Appliances Lighting Thermostat Water Heater
Subdivision Name WATER CLUB 01 AT LONGBOAT KEY
Facing Direction Northwest
Garage Y/N true
Other Structures Tennis Court(s)
Total Rooms 7
Full Baths 3
Status Coming Soon
Directions Gulf of Mexico Dr turn west into The Water Club. Proceed through the guard gate continue straight then bear left to the South Tower.
City LONGBOAT KEY
Association Name Lance Heide
Senior Community Y/N false
MLS Area 34228 - Longboat Key
Lot Size Units Acres
Lot Size Square Feet 91910
Carport Spaces 0
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 27928.47
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://view.spiro.media/1241_gulf_of_mexico_-7894 https://view.spiro.media/1241_gulf_of_mexico_-7894
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Coming Soon
Occupancy Type Owner
Tax Lot 506
Legal Description UNIT 506 THE WATER CLUB 1 AT LONGBOAT KEY
Water View Bay/Harbor - Full Beach Gulf/Ocean - Full Intracoastal Waterway
Water Access Type Beach 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
Water View Y/N true
Flood Zone Code AE
In Law Suite YN false
DockY/N false
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Interior
Interior Amenities Built-in Features Ceiling Fan(s) Crown Molding Eating Space In Kitchen Elevator High Ceilings Kitchen/Family Room Combo Living Room/Dining Room Combo Open Floorplan Primary Bedroom Main Floor Smart Home Solid Surface Counters Stone Counters Thermostat Wet Bar
Flooring Porcelain Tile
Furnished Y/N Negotiable
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Tinted Windows
Fireplace Y/N false
Half Baths 0
Laundry Features Inside
Total Bedrooms 3
Total Baths 3
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Exterior
Exterior Amenities Balcony Courtyard Garden Outdoor Grill Outdoor Kitchen Sauna Sidewalk Sliding Doors Storage Tennis Court(s)
Water Source Public
Lot Size Area 2.11
Foundation Details Concrete Perimeter
Building Area Total 3106
Lot Size Acres 2.11
Road Surface Type Asphalt Concrete Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Lpt Realty, Llc

Broker

tysajan@gmail.com

Email

Affordability Calculator

$28,228
Per Month
92%
8%
0%
Monthly Principal & Interest
$25,900
Monthly Property Taxes
$2,327
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/1/2026$3,750,000 Listed Price

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1241 GULF OF MEXICO DRIVE 506, Longboat Key, FL, 34228 is a Condo for sale at $3,750,000 with 2,650 sqft and a lot size of 2.11. 1241 GULF OF MEXICO DRIVE 506 has 3 bedrooms, 3.0 baths, and was built in 1996. The property's zip code is 34228 which is in Longboat Key, FL