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Matthew Faul
Commercial & Residential Real Estate
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$1,895,000

340 Gulf Of Mexico Drive Longboat Key, FL 34228 Residential - Condominium Active

  • 340 Gulf Of Mexico Drive, Unit 124, Longboat Key, FL 34228 Main Photo

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Description

One or more photo(s) has been virtually staged. Welcome to Tangerine Bay Club, the southernmost condominium on Longboat Key, where refined sophistication meets resort-style living. This exceptional direct Bayfront end residence offers panoramic views of Sarasota Bay and the feel of a single-family home. Move-in ready with a new roof, the home has been extensively updated by the previous owner, featuring elegant granite countertops in the kitchen and baths. The spacious chef's kitchen is a standout, complete with a center island, abundant custom cabinetry with built-in spice racks, a striking range hood, and top-tier Thermador appliances, including a 6-burner natural gas cooktop. A large breakfast room just off the kitchen adds casual dining flexibility. The open living and dining areas are ideal for entertaining and include impact-rated windows and sliders, gas fireplace, and gas hookups for both a grill and water heater. Three generously sized bedrooms each feature full ensuite baths. The primary suite impresses with Bay views, private lanai access, and a 7'x10' custom walk-in closet. The ensuite bath includes a Jacuzzi tub and large multi-head shower. The third bedroom doubles as a den, also with a walk-in closet. Design highlights include 8-ft. mahogany doors, arched doorways, high ceilings, Hunter Douglas blinds, plantation shutters, and a well-appointed laundry room, New Water heater. An oversized 2-car garage provides ample storage. Community amenities at Tangerine Bay Club are unmatched: a 25-meter heated pool, kayak storage, fitness center, tennis and pickleball courts, and on-site management. Residents also have the option to join the Bay Isles Beach Club for just $500 per year. Located in the heart of South Longboat Key, this gated community is just minutes from the upscale shops and restaurants of St. Armands Circle, as well as downtown Sarasota's vibrant arts scene and white sand beaches. Please note: patio photo is virtually staged; no patio furniture is included. Tangerine Bay Club is renowned for its Mediterranean-inspired architecture, lush 10-acre tropical setting, and active social atmosphere. A truly unique coastal lifestyle.

Property Highlights

Property Type: Residential - Condominium
Cooling: Central Air
Garage: 2 car attached
Heating: Central, Electric
Home Style: Mediterranean
Roof Type: Tile
Stories: 3.0
Taxes: $18,437
Year Built: 1991

General Information

Bedrooms: 3
Bathrooms: 3 Full
Sqft: 2,365
County: Sarasota
High School: Booker High
Subdivision: TANGERINE BAY CLUB
Listed By:
Debra Pitell-Hauge MICHAEL SAUNDERS & COMPANY 941-383-7591

Amenities

Built-in Features
Ceiling Fans(s)
Eat-in Kitchen
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Split Bedroom
Stone Counters
Thermostat
Walk-In Closet(s)
Window Treatments
Balcony
Private Mailbox
Sliding Doors
Tennis Court(s)

Room Information

Living Room: 16.9x20.8
Dining Room: 15.6x11
Primary Bedroom: 17.6x13
Bedroom 2: 12x11
Bedroom 3: 11x13
Laundry: 9x6
Balcony/Porch/Lanai: 10x15
Balcony/Porch/Lanai: 14x12
Dinette: 20x15

Property Features

Additional Rooms: Den/Library/Office, Inside Utility
Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
Association Amenities: Clubhouse, Elevator(s), Fitness Center, Maintenance, Pickleball Court(s), Pool, Security, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
Body of Water: SARASOTA BAY
Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Gated Community - No Guard, No Truck/RV/Motorcycle Parking, Pool, Tennis Court(s), Street Lights
Condo Fee: $9450/ Quarterly
Days on Site: 319
Directions: From Downtown Sarasota, cross over the Ringling Bridge, follow John Ringling Blvd to St. Armands Circle, then follow the sign to Longboat Key. Once on Longboat Key, Tangerine Bay Club is the first condominium on your right just past the traffic light.
Exterior: Block, Stucco
Fireplace: Gas, Living Room
Fireplace Y/N: Yes
Flood Zone Code: AE
Flooring: Carpet, Hardwood, Tile
Foundation: Stilt/On Piling
Frontage Bay Harbor: 500
HOA Y/N: Yes
Home Warranty Y/N: No
Hot Tub: Yes
Listing Terms: Cash, Conventional
Lot: FloodZone, City Limits, Landscaped, Near Golf Course, Private, Street Brick
Number of Pets: 2
Other Equipment: Irrigation Equipment
Ownership: Condominium
Parking: Deeded, Garage Door Opener, Ground Level, Guest
Parking Notes: Deeded, Garage Door Opener, Ground Level, Guest
Patio/Porch: Covered, Front Porch, Patio, Rear Porch
Pets Allowed: Size Limit, Yes
Pets Restrictions: Refer to Condo Docs for all pet restrictions
Pets Size: Small (16-35 Lbs.)
Pets Weight (Max): 22
Pool: Gunite, Heated, In Ground
Property Attached Y/N: No
Property Sub-Type: Condominium
Security: Fire Sprinkler System, Gated Community, Secured Garage/Parking, Security Gate, Security Lights, Security System, Security System Owned, Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Appointment Only, Contact Call Center, Listing Agent Must Accompany, ShowingTime
Spa: Heated, In Ground
Special Sale Provisions: None
Special View Info: Water
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Vegetation: Mature Landscaping, Trees/Landscaped
Water: Public
Water Access: Bay/Harbor
Water Access Y/N: Yes
Waterfront Features: Bay/Harbor
Water View: Bay/Harbor - Full
Windows: Storm Window(s)
Zoning: MUC2
$1,895,000
3beds
3.0baths
2,365sqft
2cars
Active
BEDS3 BATHS3 full SQUARE FEET2,365 MLS#A4648088
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONTANGERINE BAY CLUB

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340 Gulf Of Mexico Drive, Unit 124, Longboat Key, FL 34228.

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Estimated Payment

$ 8,480.64 per month $6,391.52 Principal & Interest $1,536.42 Property Tax $552.71 Homeowner's Insurance

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About this area

Florida/Longboat Key
Longboat Key

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About Longboat Key

Longboat Key, FL recently was named one of Condé Nast's Top Ten Traveler’s Islands. Longboat Key possesses something uniquely its own. There is a natural beauty and elegance to Longboat Key that entrances visitors and residents, and in many ways it’s the perfect beach getaway. Those that live there have stunning scenery, a luxurious vibe, and easy access to places like Sarasota, Bradenton, and Tampa.


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About this community

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 12:32:12 AM EST) or Stellar MLS (last updated Tue 03/03/2026 12:14:05 AM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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