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Longboat Key 34228
1241 GULF OF MEXICO DRIVE #201
$5,500,000*
Condo - Off Market

1241 GULF OF MEXICO DRIVE #201

LONGBOAT KEY, FL 34228
bedrooms
5 Beds
bathrooms
6.5 Baths, 1 Half Bath
square feet
5225 Sqft
$4,950,000 - $6,050,000
Reference Base Price*
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

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.

The manager has listed the unit size as 5225 square feet.
Unit Size
5,225Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,053
Property Type
Condo
Property Taxes
$3,457
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Nov 20, 2023 Sold $5,500,000
Sold
Aug 31, 2023 Price Decreased $5,500,000
↓ $995K (15.3%)
Price Decreased
Aug 31, 2023 In contract -
In contract
Apr 7, 2022 Listed $6,495,000
Listed
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…

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Concrete
Stucco


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
6 Baths
4,038 ft²
$1,114/ft²
$4,500,000 Mar 24, 2023
$4,500,000 Oct 19, 2023
$2,384/mo
House
4 Beds
5 Baths
4,304 ft²
$1,220/ft²
$5,250,000 Aug 3, 2023
$5,250,000 Aug 28, 2023
$3,123/mo
Condo
5 Beds
7 Baths
5,225 ft²
$1,053/ft²
$5,500,000 Apr 7, 2022
-
$3,457/mo
House
5 Beds
5 Baths
4,412 ft²
$1,354/ft²
$5,975,000 Oct 31, 2023
-
$1,153/mo
House
5 Beds
7 Baths
3,967 ft²
$1,311/ft²
$5,199,000 Mar 11, 2023
-
$1,637/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240304 Unit 506
03/04/2024
506
3 Bed
3 Bath
2650 ft²
$2,800,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2650 ft²
$2,800,000
05/14/2024
-
Hilary Souza
PREMIER SOTHEBYS INTL REALTY
20231221 Unit 707
12/21/2023
707
2 Bed
5 Bath
2965 ft²
$3,650,000
bedrooms
2 Bed
bathrooms
5 Bath
square feet
2965 ft²
$3,400,000 -6.85%
04/12/2024
-
Michael Moulton
MICHAEL SAUNDERS & COMPANY
20230821 Unit 201
08/21/2023
201
5 Bed
6.5 Bath
5225 ft²
$7,500,000
bedrooms
5 Bed
bathrooms
6.5 Bath
square feet
5225 ft²
-
-
-
Bruce Myer
COLDWELL BANKER REALTY
20230515 Unit 808
05/15/2023
808
3 Bed
4 Bath
2965 ft²
$3,395,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2965 ft²
$3,100,000 -8.69%
01/30/2024
-
jeffrey Rhinelander
COLDWELL BANKER REALTY
20230217 Unit 704
02/17/2023
704
3 Bed
4 Bath
3045 ft²
$3,495,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3045 ft²
-
-
-
Ryan Ackerman
COLDWELL BANKER REALTY
20220407 Unit 201
04/07/2022
201
5 Bed
7 Bath
5225 ft²
$6,495,000
bedrooms
5 Bed
bathrooms
7 Bath
square feet
5225 ft²
$5,500,000 -15.32%
11/20/2023
-
Bruce Myer
COLDWELL BANKER REALTY
20211022 Unit 805
10/22/2021
805
2 Bed
3 Bath
2650 ft²
$1,899,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2650 ft²
-
-
-
Roger Pettingell
COLDWELL BANKER REALTY
20211021 Unit 408
10/21/2021
408
3 Bed
3 Bath
2965 ft²
$2,250,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2965 ft²
$2,200,000 -2.22%
02/10/2022
-
Judy Kepecz-Hays
COLDWELL BANKER REALTY
20210923 Unit 304
09/23/2021
304
2 Bed
4 Bath
3045 ft²
$2,500,000
bedrooms
2 Bed
bathrooms
4 Bath
square feet
3045 ft²
-
-
-
Jo Rutstein
PREMIER SOTHEBYS INTL REALTY
20210224 Unit 111
02/24/2021
111
1 Bed
2 Bath
940 ft²
$545,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
940 ft²
$550,000 +0.92%
04/16/2021
Jo Rutstein
20210215 Unit 1001
02/15/2021
3 Bed
4 Bath
3400 ft²
$3,495,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3400 ft²
$3,500,000 +0.14%
05/03/2021
Roger Pettingell
20201215 Unit 306
12/15/2020
306
3 Bed
3 Bath
2650 ft²
$1,395,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2650 ft²
-
-
-
-
20201211 Unit 405
12/11/2020
405
3 Bed
3 Bath
2650 ft²
$1,595,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2650 ft²
-
-
-
-
20200219 Unit 701
02/19/2020
701
3 Bed
5 Bath
3400 ft²
$3,195,000
bedrooms
3 Bed
bathrooms
5 Bath
square feet
3400 ft²
-
-
-
-
20200130 Unit 806
01/30/2020
806
2 Bed
3 Bath
2650 ft²
$1,399,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2650 ft²
-
-
-
-
20200125 Unit 308
01/25/2020
308
3 Bed
4 Bath
2965 ft²
$1,385,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2965 ft²
$1,275,000 -7.94%
11/04/2020
Jo Rutstein
20200110 Unit 204
01/10/2020
204
3 Bed
4 Bath
3045 ft²
$1,350,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3045 ft²
-
-
-
-
20191125 Unit 505
11/25/2019
505
2 Bed
3 Bath
2650 ft²
$1,495,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2650 ft²
-
-
-
-
20190313 Unit 906
03/13/2019
906
2 Bed
3 Bath
2650 ft²
$1,849,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2650 ft²
$1,465,000 -20.77%
02/18/2020
Herve Barbera
20190111 Unit 801
01/11/2019
801
3 Bed
4 Bath
3400 ft²
$3,380,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3400 ft²
-
-
-
-
20180713 Unit 806
07/13/2018
806
2 Bed
3 Bath
2650 ft²
-
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2650 ft²
-
-
-
-
20180629 Unit 406
06/29/2018
406
3 Bed
3 Bath
2650 ft²
-
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2650 ft²
-
-
-
-
20180311 Unit 906
03/11/2018
906
2 Bed
3 Bath
2650 ft²
$1,975,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2650 ft²
-
-
-
-

Building Info

1241 Gulf Of Mexico Drive 1241 Gulf Of Mexico Drive, Longboat Key, FL 34228
  • 3 Units for Sale
More about this Building
1241 Gulf Of Mexico Drive
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About Longboat Key


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