Residential Property - Condominium in Longboat Key
Listing Price: $3,850,000 (Mortgage Calculator →)
Description of Property
Welcome to coastal luxury redefined at the Water Club on Longboat Key. This fully reimagined residence at 1241 Gulf of Mexico Dr, Unit 506 has undergone a complete, top-to-bottom renovation completed in 2025, offering a like-new living experience in one of Florida’s most sought-after beachfront communities. No detail was overlooked—featuring a brand-new designer kitchen with premium finishes, fully renovated bathrooms, new flooring throughout, updated trim, modern lighting, and fresh interior paint. The home is further elevated by a whole-home Lutron system, delivering effortless, customizable lighting control and a true smart-luxury experience. Positioned in the highly desirable south building and an even-numbered unit (ideal for sunset views over the Gulf), this residence captures some of the most breathtaking winter sunset views—where the sun sets between the buildings, creating a rare and unforgettable coastal backdrop. Residents enjoy an unparalleled resort lifestyle at The Water Club, featuring an exceptional collection of amenities including Har-Tru tennis courts, a resort-style beachfront pool and spa, state-of-the-art fitness center, saunas, locker rooms, elegant clubhouse, library, and private event spaces. With 24-hour security, concierge-level services, and meticulously maintained grounds, The Water Club offers the ultimate in privacy, comfort, and luxury coastal living. Whether as a full-time residence or seasonal retreat, this is Gulf-front living at its absolute finest.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Longboat Key
County: Sarasota
Subdivision: Water Club 01 At Longboat Key
Bedrooms: 3
Bathrooms: 3
Sq. Ft. Gross: 3,106
Sq. Ft. Living Area: 2,650
Cost per (heated) sqare foot: $1,453
Year built: 1996
Annual Tax: $27,929
Condo Fee: $7,661 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Water
Appliances: Wine Refrigerator
Window Features: Tinted Windows
Flooring: Porcelain Tile
Green Features
Green Energy Features: Water Heater
Pool & Waterfront Info
Private Pool: Not specified
Water Frontage: Waterfront
Water Access: Yes
Water Access Type: Gulf/Ocean
Exterior & Construction
Construction: Concrete
Foundation: Concrete Perimeter
Roof: Concrete
Exterior Features: Tennis Court(s)
Garage: Yes
Garage Spaces: 1
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Security Features: Smoke Detector(s)
Other Structures: Tennis Court(s)
View: Water
Sewer: Public Sewer
Water Source: Public
Community Features: Tennis Court(s)
Lot Information
Lot Size (acres): 2.11
Lot Size (sq. ft.): 91,910 square feet
Front Exposure: Northwest
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 0009112036
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: UNIT 506 THE WATER CLUB 1 AT LONGBOAT KEY
Section: 16
Range: 17E
Listing courtesy of LPT REALTY, LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.