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Active - Condominium for sale

1241 GULF OF MEXICO DRIVE UNIT PH1102, Longboat Key, FL

3 bds|4 bth + 1 half|3,400 sqft

Facts & features

Condominium Property type
45 days on Beycome
1996 Year built
$1,763 Price/Sqft.
2 car garage Parking

Why you’ll love it

Experience an exceptional expression of Gulf-front living in this impeccably maintained penthouse at The Water Club on Longboat Key. Occupying the coveted northwest penthouse position on the 11th floor of Building One, this pristine residence encompasses approximately 3,400 square feet with three bedrooms and four-and-a-half baths. Three separate balconies capture sweeping views of the Gulf of America, providing inviting settings for morning coffee, alfresco relaxation, and spectacular sunsets. An under-building parking space and an additional semi-private garage complement this distinguished waterfront offering. Set within 16 acres of magnificent beachfront grounds, The Water Club offers an extraordinary collection of amenities that extends the comforts of home well beyond your residence. The beautifully renovated, 18,000-square-foot clubhouse provides elegant spaces for relaxation, recreation, and entertaining, including a club room with billiards, a library with fireplace, and a ballroom with catering kitchen. Four lighted Har-Tru tennis courts, a heated junior Olympic pool, hot tub, spa, and fitness center create a resort experience, while a firepit, grills, and direct access to a beautiful stretch of beach invite you to embrace the coastal lifestyle. Gated security, concierge services, on-site management, and climate-controlled storage add everyday comfort and convenience. Ideally situated at the southern end of Longboat Key, this residence places you minutes from the boutiques and dining of St. Armands Circle, downtown Sarasota’s vibrant waterfront and cultural attractions, and an array of exceptional restaurants. Nearby conveniences include Publix and CVS, with the Longboat Key Club’s golf, tennis, and dining offerings close at hand. The neighboring St. Regis further enhances this desirable coastal setting, and Sarasota Bradenton International Airport is approximately 20 minutes away. Welcoming up to two pets, The Water Club is equally appealing as a full-time residence or a refined seasonal retreat. Discover the rare combination of penthouse privacy, generous living spaces, captivating Gulf views, and an exceptional beachfront lifestyle. Schedule your private showing today.

Translating description...

Listings courtesy of MICHAEL SAUNDERS & COMPANY as distributed by MLS GRID.

Listed by: Steve Walter • SteveWalter@MichaelSaunders.com • MICHAEL SAUNDERS & COMPANY

Co-listed by: Janet Walter • MICHAEL SAUNDERS & COMPANY

Source: Stellar MLS as distributed by MLS GRID, MLS#: A4708305 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

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Affordability

$3,895,000$8,095,000
1%20%
0%90%
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Estimated monthly payment

$32,775/mo

  • Mortgage$30,314
  • Property tax$2,461
  • HOA fee
  • Homeowners insurance
Due at closing$4,766,025
Down payment held in escrow$1,199,000
Closing costs$89,925
beycome credit Est.$119,900

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$119,900 Credit back

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Travel times

About Water Club 01 At Longboat Key

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 9 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$5,995,000 Listed price

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$119,900 Credit back

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