Keys of Sarasota
Talk to George

George Predescu

REALTOR® · Horizon Realty International

1241 Gulf Of Mexico Drive #506, Longboat Key, FL 34228

EmailFacebook
For sale

$3,750,000

Listing courtesy of LPT REALTY, LLC · MLS# A4711589 · Listed November 12, 2026

  • 3Beds
  • 3Baths
  • 2,650Sq ft
  • 1996Built
  • Pool view
  • New this week

About this home

Watch the winter sun melt into the Gulf from one of the most sought-after positions at The Water Club. Residence 506 sits in the South Tower on an even-numbered stack. This side catches the season’s best sunsets over the Gulf of Mexico and looks out over the Water Club’s own pool, gardens plus the beaches and water of the Gulf. Those who know Longboat Key want The Water Club. Those who know The Water Club want an even-numbered residence in the South Tower. Inside, a complete top-to-bottom renovation finished in 2025 makes the residence feel brand new. The designer kitchen is the centerpiece, with stone counters, premium appliances, a wine refrigerator and eat-in space. It opens to the living and dining areas, and a wet bar sets the stage for sunset entertaining. All three bathrooms have been fully remodeled. New porcelain tile, updated trim and crown molding, modern lighting and fresh paint run throughout the 2,650 square feet. A whole-home Lutron system sets the mood room by room with the touch of a button. Beyond your door, The Water Club delivers a true resort lifestyle on the Gulf. Amenities include a beachfront pool and spa, Har-Tru tennis courts, a fitness center with saunas and locker rooms, an elegant clubhouse, a library and private event spaces, all within a gated community with 24-hour security and attentive staff. Whether it’s your full-time home or a seasonal escape, Residence 506 is Gulf-front living in the Water Club at its finest.

Read more ›

Details

  • Condominium

    Type

  • 1996

    Year built

  • 2.11 acres

    Lot

  • $27,928/yr

    Property tax

  • AE

    Flood zone

  • $1,415

    Price per sq ft

Interior

Bedrooms
3
Bathrooms
3
Living area
2,650 sq ft
Stories
1
Furnished
Negotiable
Flooring
Tile

Features

  • Built-in Features
  • Ceiling Fans(s)
  • Crown Molding
  • Eat-in Kitchen
  • Elevator
  • High Ceilings
  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Smart Home
  • Solid Surface Counters
  • Stone Counters
  • Thermostat
  • Wet Bar

Laundry

  • Inside

Windows

  • Blinds
  • Tinted Windows

Exterior & lot

Lot size
2.11 acres
Roof
Concrete
Construction
Concrete

Features

  • Balcony
  • Courtyard
  • Garden
  • Outdoor Grill
  • Outdoor Kitchen
  • Sauna
  • Sidewalk
  • Storage
  • Tennis Court(s)

View

  • Pool
  • Water
  • Beach
  • Gulf/Ocean - Full

Community & HOA

Community
Water Club At Longboat Key
Subdivision
Water Club 01 At Longboat Key
County
Sarasota

HOA fee includes

  • Guard - 24 Hour
  • Cable TV
  • Pool
  • Insurance
  • Internet
  • Maintenance Structure
  • Maintenance Grounds
  • Maintenance
  • Management
  • Pest Control
  • Recreational Facilities
  • Security
  • Sewer
  • Trash
  • Water

Community

  • Buyer Approval Required
  • Clubhouse
  • Fitness Center
  • Gated Community - Guard
  • Pool
  • Sidewalks
  • Tennis Court(s)
Show all details (Appliances · Costs & building · Utilities & land) ›

Appliances

  • Bar Fridge
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal
  • Dryer
  • Exhaust Fan
  • Freezer
  • Gas Water Heater
  • Ice Maker
  • Microwave
  • Range
  • Range Hood
  • Refrigerator
  • Washer
  • Wine Refrigerator

Costs & building

Property tax
$27,928 (2025)
Flood zone
AE
Price per sq ft
$1,415
Year built
1996
Heating
Central
Cooling
Central Air
Days listed
2

Security

  • Gated Community
  • Key Card Entry
  • Smoke Detector(s)

Utilities & land

Water
Public
Sewer
Public Sewer
Road
Asphalt, Concrete, Paved

Utilities

  • BB/HS Internet Available
  • Cable Available
  • Cable Connected
  • Electricity Available
  • Electricity Connected
  • Phone Available

Location

1241 GULF OF MEXICO DR #506

Monthly payment

$21,289 / month

Principal & interest
$18,962
Property taxes
$2,327
HOA
$0
Home insurance
enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Similar homes for sale in Longboat Key (34228)

See all homes for sale in Longboat Key ›

Recently sold nearby

Sales in 34228 over the last 3 months. Properties displayed may be listed or sold by various participants in the MLS.

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of Nov 14, 2026, 1:00 PM 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.

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. Data is deemed reliable but is not guaranteed accurate by MLS GRID.

Some IDX listings have been excluded from this website (this site shows active for-sale and for-rent listings in its service area and honors seller opt-out requests).

Notice a listing that's inaccurate? Email listings@keysofsarasota.com and we'll correct or remove it. See our full IDX / DMCA policy for details.