3 Car Garage Home Real Estate Professional

Brooke O'Malley
CLUB REALTY
Real Estate Broker
1-941-726-2677

Currently viewing 1 of 342
1241 Gulf Of Mexico Drive 201
Longboat Key, Florida FL 34228-4618
Sold For: $5,500,000
Listing ID: A4530550
Status: Closed
Sold Date: 11/20/2023
Bedrooms: 5 Bed
Total Baths: 7 Bath
Full Baths: 6 Bath
Partial Baths: 1 Bath
SqFt: 5,225 Sq Ft
Subdivision: Water Club I/longboat Key
Year Built: 1996

Welcome to a remarkable opportunity in one of the most unique communities on all of Longboat Key, with the space, privacy and ambiance of a gorgeous freestanding estate complemented by the resort-style amenities, conveniences and luxuries of a prized condominium on the Gulf. A residence of this stature that invites your style and vision is a true rarity to come available in this celebrated market, featuring 5BRs on two expansive levels and approximately 5,225 sq. ft. of sumptuous living space. Upon entry, the world-class positioning of this extraordinary residence becomes evident, as sweeping, panoramic views through floor-to-ceiling glass encompass swaying palm trees, the white sandy beach and an endless horizon beyond the sparkling Gulf of Mexico. Even more impressive, this stunning vantage is experienced on both levels, which are accessed by a grand staircase and allow for added privacy with accommodations for guests and family on each level. The lower level boasts three open terraces with front-row water views plus a stairwell walkdown leading directly to the beach. Delight in the picturesque from your sprawling upstairs master suite, which has a stately master bath with spa tub, walk-in shower and custom his and her closets. As the owner, you enjoy the ease of 2 parking spaces plus 24 hour staffed gated access, dedicated concierge staff available seven days a week and all the amenities of Water Club, including a clubhouse perfect for residents who want to host a private event or enjoy community social events, 4 lighted Har-Tru tennis courts, Junior Olympic-size pool, children’s pool, fitness center, all on 16 acres of Gulf beachfront.

Primary Features

County: Sarasota
Half Baths: 1
Price Before Reduction: 6495000
Price Reduction Date: 2023-08-31T18:13:08+00:00
Property Sub Type: Condominium
Property Type: Residential
Subdivision: Water Club I/longboat Key
Year Built: 1996

Interior

Additional Rooms: Formal Dining Room Separate, Formal Living Room Separate, Great Room
Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Refrigerator, Washer, Wine Refrigerator
Building Area Units: Square Feet
Building Elevator: yes
Cooling Type: Central Air
Fireplace: yes
Fireplace Features: Gas
Floor Number: 1
Flooring: Tile, Wood
Heating Type: Central, Electric
Interior Features: Built-in Features, Ceiling Fans(s), Coffered Ceiling(s), Elevator, High Ceilings, Kitchen/Family Room Combo, Master Bedroom Main Floor, Master Bedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
Laundry Features: Inside
Levels: Two
Living Area Meters: 485.42
Living Area Source: Public Records
Living Area Units: Square Feet
Room Count: 9
Spa: yes
Spa Features: Heated, In Ground
Stories Total: 11

External

Architectural Style: Custom
Attached Garage: yes
Carport: no
Construction Materials: Concrete, Stucco
Exterior Features: Balcony, Lighting, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
Foundation Details: Slab
Garage: yes
Garage Spaces: 2
Homestead: yes
Lot Features: In County, Near Golf Course, Near Marina, Near Public Transit, Paved
Parking Features: Assigned, Covered, Garage Door Opener, Under Building
Patio And Porch Features: Covered, Deck
Pool Features: Gunite, Heated, In Ground
Pool Private: no
Property Condition: Completed
Property Description: High Rise
Road Surface Type: Paved
Roof: Concrete
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Vegetation: Mature Landscaping, Trees/Landscaped
View Type: Water
Water Access: yes
Water Access Type: Gulf/Ocean
Water Extras: no
Water Frontage Feet Gulf Ocean: 680
Water Source: Public
Water View: yes
Water View Type: Gulf/Ocean - Full
Waterfront: yes
Waterfront Features: Gulf/Ocean
Waterfront Feet Total: 680
Window Features: Blinds, Drapes, Shades, Window Treatments

Location

Association: yes
Association Approval Required: yes
Association Name: Ranita Riddle
Building Area Source: Public Records
Building Area Total: 5977
Building Name Number: WATER CLUB 1
Community Development District: no
Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Pool, Tennis Courts, Water Access, Waterfront
Complex Community Name NCCB: WATER CLUB
Country: US
Direction Faces: East
Elementary School: Southside Elementary
Flood Zone Code: VE
High School: Booker High
Middle Or Junior School: Booker Middle
MLS Area Major: 34228 - Longboat Key
SW Subdivision Community Name: Water Club At Longboat Key
Township: 36S
Water Body Name: GULF OF MEXICO

Financial

Additional Lease Restrictions: Tenants are not allowed pets
Association Fee Includes: Guard - 24 Hour, Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pool, Private Road, Recreational Facilities
Association Fee Requirement: None
Available For Lease: yes
Close Price By Calculated SqFt: 1052.63
Condo Fees: 5350
Condo Fees Term: Quarterly
Condo Land Included: no
Current Price: 5500000.00
Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
Existing Lease Tenant: no
Lease Restrictions: 1
Listing Terms: Cash
Minimum Lease: 3 Months
Monthly Condo Fee Amount: 1783
Ownership: Condominium
Ratio Current Price By Calculate: 1052.63
Special Listing Conditions: None
Tax Annual Amount: 41482.97
Tax Book Number: 31-7
Tax Lot: 201
Tax Year: 2021
Total Annual Fees: 21400.00
Total Monthly Fees: 1783.33

Zoning Info


Listed by: Coldwell Banker Realty 941-383-6411.

Listing information ©My Florida Regional MLS DBA Stellar MLS 2024. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties displayed may be listed or sold by various participants in the MLS. Data last updated on Thursday, March 28th, 2024 at 01:04:34 PM.

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