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$989,000

Pending

1241 Gulf of Mexico Dr #109, Longboat Key, FL 34228

2 beds Β· 2.5 baths Β· 2,000 sq ft

Listing courtesy of COLDWELL BANKER REALTY Β· MLS# A4707277

6 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this home

Experience refined coastal living at The Water Club on Longboat Key, where lush tropical grounds meet the Gulf’s powdery white-sand beaches and shimmering aquamarine waters. Priced well below market value, this move-in ready, beautifully appointed Thomas Moser turnkey-furnished residence offers 2,000 square feet of thoughtfully designed living space, with two split-plan bedrooms, two full baths, a convenient powder room and a separate full-size laundry room with sink. Each spacious bedroom features a private en-suite bath, while 10-foot ceilings, warm wood flooring, and floor-to-ceiling hurricane-impact windows and sliders create an inviting sense of light and scale. The exceptional primary suite includes a generous walk-in closet and direct access to the private balcony. At the heart of the home, the expertly remodeled kitchen showcases custom cabinetry, a glass-mosaic backsplash, reverse-osmosis faucet, and premium stainless-steel appliances, including a Viking range and Sub-Zero refrigerator. A separate dry bar with Sub-Zero wine and beverage refrigerators adds effortless style for entertaining. The expansive terrace overlooks peaceful tropical foliage, offering a private setting for morning coffee or evening relaxation. Positioned on the plaza level, the residence provides convenient access to The Water Club’s world-class amenities, including 24-hour guard-gated security, concierge services, a resort-style pool and spa, Har-Tru tennis courts, fitness center, clubhouse with catering kitchen, and more than 16 acres of pristine beachfront grounds. Just a short drive from St. Armands Circle and downtown Sarasota, this distinguished residence places world-class dining, shopping, arts, and culture nearby. Discover timeless elegance, modern comfort, and an incomparable Gulf Coast lifestyle at The Water Club.

Facts

Property type
Condominium
Year built
1996
Bathrooms
2 full, 1 half
Living area
2,000 sqft
Waterfront
Yes Β· 500 ft
Water access
Gulf/Ocean
Water view
Yes
Private pool
No
Exposure
South
Furnished
Turnkey
Flood zone
AE
CDD
No
55+ community
No
Annual taxes
$14,616/yr
Monthly fees
$2,554/mo
Listed
Sep 24, 2026
MLS #
A4707277

Price & status history

  1. Listed for $989,000
  2. Status changed to Pending

Estimate the monthly payment

Estimate by Lasbury Tracy Realty β€” not a loan offer

Starting figures for 1241 GULF OF MEXICO DR #109. Everything below is editable.

AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.

From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ β€” Florida reassesses on sale and homestead caps reset.

Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.

Starts at $0Deliberately zero until you enter a figure β€” we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.

From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.

AssumptionNot applied β€” your down payment is 20% or more.

Estimated total monthly payment

$9,597

$5,001 of that is principal & interest. 48% is taxes, insurance and fees β€” which is why those inputs matter more here than the rate does.

Principal & interest
$5,001
Property taxes
$1,218
Homeowners insurance
$824
Flood insurance
$0
HOA / condo fees
$2,554
Mortgage insurance (PMI)
$0
Total per month
$9,597

Over the life of the loan

Loan amount
$791,200
Down payment
$197,800
Total interest
$1,009,132
Principal + interest paid
$1,800,332
Paid off in
2056

Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.

Calculated on this page from the figures above β€” nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.

Take a tour

Pick a day that suits you β€” a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

1241 Gulf of Mexico Dr #109, Longboat Key, FL 34228

Listing courtesy of COLDWELL BANKER REALTY Β· MLS# A4707277 Β· Pending

How would you like to see it?
Which day?
What time of day?

In person Β· Thu, Oct 29 Β· Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this home is

Opens on aerial β€” on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

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Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 10:07 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. Β· [email protected]