To schedule a showing of 1241 Gulf of Mexico Drive UNIT #506, Longboat Key, Florida, Call David Shippey at 863-521-4517 TODAY!

$3,850,000 No Recent Price Change
1241 Gulf of Mexico Drive UNIT #506
Longboat Key, FL 34228
  • 3Beds
  • 3.00Total Baths
  • 3 Full, 0 HalfBaths
  • 2,650SqFt
  • 1996Year Built
  • 2.11Acres
  • MLS# A4689658
  • Residential
  • Condominium
  • Active


Overview

Welcome to coastal luxury redefined at the Water Club on Longboat Key. This fully reimagined residence at 1241 Gulf of Mexico Dr, Unit 506 has undergone a complete, top-to-bottom renovation completed in 2025, offering a like-new living experience in one of Floridas most sought-after beachfront communities.No detail was overlookedfeaturing a brand-new designer kitchen with premium finishes, fully renovated bathrooms, new flooring throughout, updated trim, modern lighting, and fresh interior paint. The home is further elevated by a whole-home Lutron system, delivering effortless, customizable lighting control and a true smart-luxury experience.Positioned in the highly desirable south building and an even-numbered unit (ideal for sunset views over the Gulf), this residence captures some of the most breathtaking winter sunset viewswhere the sun sets between the buildings, creating a rare and unforgettable coastal backdrop.Residents enjoy an unparalleled resort lifestyle at The Water Club, featuring an exceptional collection of amenities including Har-Tru tennis courts, a resort-style beachfront pool and spa, state-of-the-art fitness center, saunas, locker rooms, elegant clubhouse, library, and private event spaces. With 24-hour security, concierge-level services, and meticulously maintained grounds, The Water Club offers the ultimate in privacy, comfort, and luxury coastal living.Whether as a full-time residence or seasonal retreat, this is Gulf-front living at its absolute finest.



Agriculture / Farm

Association Fees / Info

Community Features:  Clubhouse, Fitness, Pool, TennisCourts, Waterfront, WaterAccess, Gated, Sidewalks

Pets Allowed:  NumberLimit, SizeLimit, Yes

Hoa Fees Frequency:  Quarterly

Association:  Yes

Hoa Fees Frequency:  Quarterly

Association Fee Includes:  AssociationManagement, CableTv, Insurance, Internet, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, RecreationFacilities, Sewer, Security, Trash, Water

Hoa Fees:  7661

Bathroom Info

Total Baths:  3.00

Fullbaths:  3

Building Info

Window Features:  Blinds, TintedWindows

Roof:  Concrete

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Pool Features:  Community

Patio:  Balcony

Exterior Features:  Balcony, Courtyard, Garden, OutdoorGrill, OutdoorKitchen, Storage, TennisCourts

Fees / Restrictions

Financial

Original Price:  $3,850,000

Garage / Parking

Attached Garage:  Yes

Garage:  Yes

Green / Env Info

Green Features:  Appliances, Lighting, Thermostat, WaterHeater

Interior Features

Floors:  PorcelainTile

Levels:  One

Laundry Features:  Inside

Interior Features:  WetBar, BuiltInFeatures, CeilingFans, CrownMolding, EatInKitchen, Elevator, HighCeilings, KitchenFamilyRoomCombo, LivingDiningRoom, MainLevelPrimary, OpenFloorplan, StoneCounters, SmartHome, SolidSurfaceCounters

Appliances:  BarFridge, BuiltInOven, Cooktop, Dryer, Dishwasher, ExhaustFan, Freezer, Disposal, GasWaterHeater, IceMaker, Microwave, Range, Refrigerator, RangeHood, WineRefrigerator, Washer

Spa Features:  Sauna

Lot Info

Direction Remarks:  Gulf of Mexico Dr to West into Water Club. Through guard gate proceed straight and then to left to the South building.

Lot Size Units:  Acres

Lot Size Acres:  2.11

Lot Sqft:  91,910

Lot Desc:  BuyerApprovalRequired

Misc

Other

Other Structures:  TennisCourts

Special Conditions:  None

Security Features:  KeyCardEntry, SmokeDetectors, GatedWithGuard, GatedCommunity

Other Rooms Info

Property Info

Section:  16

Class Type:  Condominium

Property Sub Type:  Condominium

Construction Materials:  Concrete

Stories:  1

Total Stories:  1

Foundation:  ConcretePerimeter

Room Info

Total Rooms:  7

Sqft Info

Sqft:  2,650

Bulding Area Sqft:  3,106

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,025

Tax Lot:  506

Tax Legal Description:  UNIT 506 THE WATER CLUB 1 AT LONGBOAT KEY

Tax Annual Amount:  27928.47

Tax Book Number:  31-7

Unit Info

Unit:  506

Utilities / Hvac

Heating:  Central

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  CableAvailable, CableConnected, ElectricityAvailable, ElectricityConnected, HighSpeedInternetAvailable, PhoneAvailable

Waterfront / Water

Waterfront Features:  BeachAccess, GulfAccess

View:  Yes

View:  Bay, Beach, Intercoastal, Ocean, Pool, Water

Directions

Gulf of Mexico Dr to West into Water Club. Through guard gate proceed straight and then to left to the South building.

This listing courtesy of Lpt Realty, Llc 

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On davidshippey.com since Wed, May 6th 2026
No Property History recorded for this listing.

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If you have any questions on 1241 Gulf of Mexico Drive UNIT #506, Longboat Key, Florida, please call David Shippey at 863-521-4517.


MLS# A4689658 located at 1241 Gulf of Mexico Drive UNIT #506, Longboat Key, Florida is brought to you by David Shippey REALTOR®

1241 Gulf of Mexico Drive UNIT #506, Longboat Key, Florida has 3 Beds, 3 Full Bath, and 0 Half Bath.
The MLS Number for 1241 Gulf of Mexico Drive UNIT #506, Longboat Key, Florida is A4689658.
The price for 1241 Gulf of Mexico Drive UNIT #506, Longboat Key, Florida is $3,850,000.
The status of 1241 Gulf of Mexico Drive UNIT #506, Longboat Key, Florida is Active.
The subdivision of 1241 Gulf of Mexico Drive UNIT #506, Longboat Key, Florida is Water Club 01 At Longboat Key.
The home located at 1241 Gulf of Mexico Drive UNIT #506, Longboat Key, Florida was built in 2026.