$989,000
Pending1241 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 listingβs MLS record last changed .
About this home
Experience refined coastal living at The Water Club on Longboat Key, where lush tropical grounds meet the Gulfβs 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 Clubβs 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
- Listed for $989,000
- Status changed to Pending
Estimate the monthly payment
Estimate by Lasbury Tracy Realty β not a loan offerStarting 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
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1241 Gulf of Mexico Dr #109, Longboat Key, FL 34228
Listing courtesy of COLDWELL BANKER REALTY Β· MLS# A4707277 Β· Pending
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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