Keys of Sarasota
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George Predescu

REALTOR® · Horizon Realty International

1241 Gulf Of Mexico Drive #Ph1102, Longboat Key, FL 34228

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For sale

$5,995,000

Listing courtesy of MICHAEL SAUNDERS & COMPANY · MLS# A4708305 · Listed October 26, 2026

  • 3Beds
  • 5Baths
  • 3,400Sq ft
  • 1996Built
  • Waterfront
  • Golf Course view
  • 2-car garage
  • 19 days listed

About this home

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.

Read more ›

Details

  • Condominium

    Type

  • 1996

    Year built

  • 2 cars

    Garage

  • $29,533/yr

    Property tax

  • AE

    Flood zone

  • $1,763

    Price per sq ft

Interior

Bedrooms
3
Bathrooms
5 (1 half)
Living area
3,400 sq ft
Stories
11
Furnished
Unfurnished

Features

  • Ceiling Fans(s)
  • Coffered Ceiling(s)
  • Crown Molding
  • Eat-in Kitchen
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Split Bedroom
  • Thermostat
  • Tray Ceiling(s)

Flooring

  • Carpet
  • Ceramic Tile
  • Travertine

Laundry

  • Inside
  • Laundry Room

Windows

  • Skylight(s)
  • Double Pane Windows
  • Shades

Pool & water

Waterfront
Yes, 680 ft

Waterfront

  • Beach Front

Exterior & lot

Garage
2 spaces
Roof
Concrete, Membrane
Construction
Concrete, Stucco

Features

  • Balcony
  • Lighting
  • Outdoor Grill
  • Storage

Patio & porch

  • Covered
  • Side Porch

Lot

  • CoastalConstruction Control Line
  • FloodZone
  • Landscaped
  • Near Golf Course
  • Near Marina
  • Near Public Transit
  • Sidewalk
  • Street Brick
  • Paved
  • Private

Parking

  • Common
  • Deeded
  • Driveway
  • Ground Level
  • Guest
  • Open
  • Reserved
  • Basement

View

  • Golf Course
  • Water
  • Beach
  • Gulf/Ocean - Full
  • Gulf/Ocean - Partial
  • Gulf/Ocean to Bay
Show all details (Community & HOA · Appliances · Costs & building · Utilities & land) ›

Community & HOA

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

HOA fee includes

  • Guard - 24 Hour
  • Common Area Taxes
  • Pool
  • Maintenance Grounds
  • Private Road
  • Security

Amenities

  • Clubhouse
  • Elevators
  • Fitness Center
  • Gated
  • Lobby Key Required
  • Maintenance
  • Pool
  • Security
  • Spa/Hot Tub
  • Tennis Court(s)

Community

  • Clubhouse
  • Fitness Center
  • Gated Community - Guard
  • Pool
  • Sidewalks
  • Tennis Court(s)
  • Street Lights

Appliances

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Freezer
  • Microwave
  • Refrigerator
  • Washer

Costs & building

Property tax
$29,533 (2025)
Flood zone
AE
Price per sq ft
$1,763
Year built
1996
Heating
Central, Electric
Cooling
Central Air
Days listed
19

Security

  • Fire Alarm
  • Fire Sprinkler System
  • Gated Community
  • Key Card Entry
  • Secured Garage/Parking
  • Security Gate
  • Security Lights
  • Smoke Detector(s)

Utilities & land

Water
Public
Sewer
Public Sewer
Road
Brick

Utilities

  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Public
  • Sewer Connected
  • Underground Utilities
  • Water Connected

Location

1241 GULF OF MEXICO DR #PH1102

Monthly payment

$32,775 / month

Principal & interest
$30,314
Property taxes
$2,461
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.

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

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Listings courtesy of Stellar MLS as distributed by MLS GRID

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