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$3,995,000

Beds
3
Baths
3.0
sq ft
2,650

1241 Gulf Of Mexico Dr Unit 1005, Longboat Key, FL 34228

1241 Gulf Of Mexico Dr Unit 1005

LONGBOAT KEY, FL 34228

  • 8 days on market
Elevate your lifestyle in this impeccably and completely renovated 3BR/3BA residence at The Water Club, a prestigious direct beachfront community on Longboat Key. Arriving at your private elevator foyer, you are greeted by a luminous interior where 10’ ceilings, walls of glass and refined neutral accents frame show-stopping panoramic views of the Gulf, beach, Sarasota Bay and city skyline from every room. The open-concept layout features a striking contemporary kitchen equipped with top-of-the-line Miele and Sub-Zero appliances, a built-in coffee station, a stainless-steel hood, a generous center island, a glass tile backsplash, sleek European cabinetry, a wine refrigerator and a discreet built-in bar cabinet, perfectly designed for culinary creativity and entertaining. The living room commands attention with its uninterrupted vistas over the endless horizon, while the primary suite offers a sophisticated retreat complete with a study area, private terrace with Gulf views, and a spa-like en suite bath with a freestanding tub, dual vanities, a glass-enclosed shower and a separate water closet. Completing this exceptional residence is a separate private garage with a dedicated parking space and the option to purchase furnishings separately. Residents of The Water Club enjoy 16 acres of prime beachfront property with 24-hour security, full concierge services and an array of updated amenities, delivering the ultimate lifestyle on Longboat Key.

Details

Property type

Condominium

Est. home value

$2,653,512

Lot size

Unknown

Price per sq ft

$1,508

Year built

1996

Annual property taxes

$26,591.65

HOA

No

Price History

02/14/2025
StellarMLS

StellarMLS #A4640586

Listed
$3,995,000
+210.89%
10/29/2009
StellarMLS

StellarMLS #A3897273

Sold
$1,285,000

Schools & Community

Elementary school: 

Southside Elementary

Middle school: 

Booker Middle

High school: 

Booker High

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bny Mellon Na

Loan start date

January 2015

Original loan amount

$780,000

Est. remaining balance

Not provided

Interest rate

3.55%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Jeffrey Simbrow and Rhoda Simbrow

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 1:40 AM

Listing updated: 02/18/2025 at 4:30 PM

Listed by: Ryan Ackerman, PA, COLDWELL BANKER REALTY Phone #: (941) 383-6411

MLS: StellarMLS #A4640586

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