$3,295,000
Active1241 Gulf of Mexico Dr #603, Longboat Key, FL 34228
3 beds · 4 baths · 3,045 sq ft
Listing courtesy of DEVELOPERS REALTY LBK, INC · MLS# A4648856
561 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
What’s special
- Gulf front location
- Private elevator access
- Master terrace
- Wood floors
- Four tennis courts
- Resort style complex
- Spa and gym
- Gated access
AI-selected highlights from the listing description below.
Welcome to this spectacular three bedroom 6th floor southern facing Brighton floor plan located in the south building of the sensational Gulf front Water Club complex on south Longboat Key. Your private elevator opens directly into the foyer which leads to the open floorplan and the sensational views of sandy beach and the Gulf of Mexico. The condo features beautiful wood floors, a gourmet kitchen with high end appliances, granite countertops plus a serene eating area. The spacious master suite is completely private with a large walk-in closet and elegant bath plus adjacent sitting area. The master has sliding glass doors leading to a private terrace with views of the Gulf of Mexico. The southern exposure of this condo bathes it in sunlight and stunning sunrises. The Water Club is a luxurious resort style complex on the beautiful sandy beach and azure waters of the Gulf of Mexico. The Water Club amenities include four tennis courts, a centrally located large pool and spa and a 24 hour staff plus gated access. The 17,000 sq.ft clubhouse features a spa and gym area separate for men and women plus a library and a catering kitchen and ballroom. The Water Club is conveniently located just minutes from award winning restaurants plus Publix and CVS, St Armands Circle, downtown Sarasota and the Longboat Key Club for golf, tennis and restaurants are also nearby.
Facts
- Property type
- Condominium
- Year built
- 1996
- Bathrooms
- 4 full
- Living area
- 3,045 sqft
- Lot size
- 2.11 acres
- Waterfront
- Yes
- Water access
- Beach - Access Deeded
- Water view
- Yes
- Private pool
- Yes
- Exposure
- South
- Flood zone
- AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $27,359/yr
- Monthly fees
- $2,357/mo
- Listed
- Apr 14, 2025
- MLS #
- A4648856
Price & status history
- Listed for $3,195,000
- Price increased to $3,295,000
Virtual tour
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 1241 GULF OF MEXICO DR #603. 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 — 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 — 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 — your down payment is 20% or more.
Estimated total monthly payment
$24,044
$16,661 of that is principal & interest. 31% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $16,661
- Property taxes
- $2,280
- Homeowners insurance
- $2,746
- Flood insurance
- $0
- HOA / condo fees
- $2,357
- Mortgage insurance (PMI)
- $0
- Total per month
- $24,044
Over the life of the loan
- Loan amount
- $2,636,000
- Down payment
- $659,000
- Total interest
- $3,362,073
- Principal + interest paid
- $5,998,073
- 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 — 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.
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1241 Gulf of Mexico Dr #603, Longboat Key, FL 34228
Listing courtesy of DEVELOPERS REALTY LBK, INC · MLS# A4648856 · Active
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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