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1241 GULF OF MEXICO DRIVE UNIT 304

Condo/Co-op Active With Contract
$2,499,000

BTC: 39.66666667

ETH: 1,431.27147766

6 days
Waterfront
3 bds
4 ba
3,045 sqft

Overview

Framed by sweeping Gulf sunset views and the manicured grounds of the Water Club, this expansive third-floor residence in the South Building offers more than 3,000 square feet of refined coastal living. Designed with both privacy and comfort in mind, the residence pairs a thoughtfully updated interior with immediate access to one of Longboat Key’s most sought-after resort-style communities. The true three-bedroom layout was enhanced in 2022 with the enclosure of the den and addition of a closet, creating a more functional and private floor plan. Hardwood flooring flows throughout the main living areas, while all three bathrooms were recently updated in 2024, adding a fresh, modern feel. The open living and dining areas are designed to capture Gulf and sunset views, complemented by built-ins and a wet bar that enhance both everyday living and entertaining. Floor-to-ceiling glass doors open from the great room, kitchen, and primary suite to two Gulf-facing terraces, creating a seamless connection to the outdoors. The eat-in kitchen is both functional and inviting, featuring custom cabinetry, Miele stainless steel appliances, a center island, and a dining nook surrounded by glass to maximize water views. The primary suite offers a private retreat with its own sitting area, an oversized walk-in closet, and dual en-suite bathrooms designed for comfort and convenience. Two guest bedrooms are thoughtfully arranged in a split plan, including one en-suite, ensuring privacy for family and visitors. Additional features include covered parking, a private storage unit, and a beverage locker (assigned). The Water Club is known for its full service, resort-style living, offering a Junior Olympic-size pool, children’s pool, three spas, four Har-Tru tennis courts, and a Mediterranean-inspired clubhouse with fitness center, steam and sauna, library, social spaces, and everyday on-site concierge services. A 24-hour staffed gate provides both privacy and security, while direct access to the Gulf’s sandy beaches completes the experience. Located on the south end of Longboat Key, this residence is just minutes from the Longboat Key Club, St. Armands Circle, and downtown Sarasota’s cultural venues, including The Ringling Museum, Van Wezel Performing Arts Hall, Selby Gardens, and waterfront parks—offering a lifestyle that blends coastal beauty with everyday convenience.

Location

Details

Type:
Residential
Parking:
Circular Driveway / Covered / Garage Door Opener / Ground Level / Portico / Under Building
Year Built:
1996
Lot:
2.11 Acres
Heating:
Baseboard / Central
Price/sqft:
$821
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,995,000
$2.3M – $3.5M
Confidence Low
List vs. estimate
$496K below estimate
List $2,499,000 · -16.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$820
+25.7% vs. city median $652
Based on
13 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$33,640
2025
Pool
Deck
View
Pool, Water
Waterfront
Gulf/Ocean Front, Beach
Garage
1 car garage
Pets
Number Limit, Size Limit
All facts and features
  • Flooring

    • Carpet

    • Tile

    • Hardwood

    Heating

    • Baseboard

    • Central

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range Hood

    • Refrigerator

    • Washer

    • Wine Refrigerator

    Other interior features

    • Built-in Features

    • Ceiling Fan(s)

    • Dry Bar

    • Eating Space In Kitchen

    • Elevator

    • High Ceilings

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Solid Wood Cabinets

    • Split Bedroom

    • Stone Counters

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 4

  • Parking

    • Circular Driveway

    • Covered

    • Garage Door Opener

    • Ground Level

    • Portico

    • Under Building

    Property

    • Levels: One

    • Exterior Features: Balcony / Irrigation System / Lighting / Outdoor Grill / Sidewalk / Sliding Doors / Storage / Tennis Court(s)

    Lot

    • Lot: 2.11 Acres

    Other Property Information

    • Parcel Number: 0009112018

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Available

    • Electricity Connected

    • Phone Available

    • Public

    • Sewer Connected

    • Underground Utilities

    • Water Connected

  • Other financial information

    • HOA Frequency: Quarterly

    • Annual tax amount: $33,640

  • Source details

    • MLS ID: A4691690

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Pillar/Post/Pier

    • Laundry Features: Electric Dryer Hookup / Inside / Laundry Room

    • Lot Features: Cul-De-Sac / FloodZone / In County / Landscaped / Near Golf Course / Near Marina / Oversized Lot / Private / Sidewalk

    • Patio And Porch Features: Deck / Patio

    • Pool Features: Deck / Gunite / Heated / In Ground / Lighting / Outside Bath Access

    • Window Features: Shades

    • Direction Faces: East

    • Other Structures: Outdoor Kitchen / Storage / Tennis Court(s)

    • Architectural Style: Custom / Elevated

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3045

    • Water Source: Public

    • Subdivision Name: WATER CLUBI/LONGBOAT KEY CONDO

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER REALTY