340 GULF OF MEXICO DRIVE 124 Longboat Key, FL $ 2,000,000
340 GULF OF MEXICO DRIVE 124
$ 2,000,000
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340 GULF OF MEXICO DRIVE 124

Longboat Key, FL, 34228
$ 2,000,000
Bedrooms3 Baths3.0 Sq 2,365

Monthly Estimate*

$ 12,314

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View a Virtual Tour

Condo for sale in Longboat Key, FL

for $2,000,000 with 3 bedrooms and 3 full baths. This 2,365 square foot condo was built in 1991.

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.

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Condo Active

Price

$ 2,000,000

Bedrooms

3

Full Bath

3

Property Type

Condo

Taxes

$ 18,437

Style

Mediterranean

Year Built

1991

Town/City

Longboat Key

County/Region

Manatee

MLS | Web ID

A4648088

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Cable Available Electricity Connected Natural Gas Connected Public Sewer Connected Street Lights Underground Utilities Water Connected
Possession Close Of Escrow
Roof Tile
Appliances Built-In Oven Convection Oven Cooktop Dishwasher Disposal Dryer Electric Water Heater Exhaust Fan Microwave Range Hood Refrigerator Washer Wine Refrigerator
Zoning MUC2
Garage Spaces 2
Association Fee Includes Common Area Taxes Community Pool Escrow Reserves Fund Insurance Maintenance Structure Maintenance Grounds Maintenance Repairs Manager Pest Control Recreational Facilities Security Sewer
Patio/Porch Features Covered Front Porch Patio Rear Porch
Architectural Style Mediterranean
Pool Features Gunite Heated In Ground
Security Features Fire Sprinkler System Gated Community Security Gate Security Lights Security System Security System Owned Smoke Detector(s)
Construction Materials Block Stucco
Pets Allowed Size Limit Yes
Year Built 1991
View Water
Levels One
Unit Number 124
Property Subtype Condominium
Tax Year 2024
Ownership Condominium
Waterfront Features Bay/Harbor Front Waterfront Bay/Harbor
Community Features Bay/Harbor Front Intracoastal Waterway Waterfront Association Recreation - Owned Buyer Approval Required Clubhouse Deed Restrictions Fitness Center Gated Community - No Guard No Truck/RV/Motorcycle Parking Pool Tennis Court(s)
County Sarasota
New Construction false
Property Type Residential
Association Amenities Clubhouse Elevator(s) Fitness Center Maintenance Pickleball Court(s) Pool Security Spa/Hot Tub Tennis Court(s) Vehicle Restrictions
Attached Garage true
Subdivision Name TANGERINE BAY CLUB
Facing Direction East
Garage Y/N true
Total Rooms 13
Full Baths 3
Status Active
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.
High School Booker High
City LONGBOAT KEY
Body of Water SARASOTA BAY
Association Name Michael Canacari
Senior Community Y/N false
MLS Area 34228 - Longboat Key
Lot Size Square Feet 0
Carport Y/N false
Listing Terms Cash Conventional
Spa Features Heated In Ground
Elementary School Southside Elementary
Land Lease Y/N false
Tax Annual Amount 18437
Home Warranty Y/N false
Middle/Junior High School Booker Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://links.us1.defend.egress.com/Warning?crId=67f55b69e502b132903101ba&Domain=michaelsaunders.com&Threat=eNpzrShJLcpLzAEADmkDRA%3D%3D&Lang=en&Base64Url=eNoFwrsOgCAMAMA_oj6YnE2cHJ0bxSIk0BpaEj_f3CWzVxeAktUyP47lKqQn34makLogFbrB7AfceokoEXf6chBcGx6cDcfJu2S1_BIEG00%3D&@OriginalLink=listing.noblesandheroes.com
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot G16
Legal Description UNIT 124 BLDG 1B TANGERINE BAY CLUB PHASE 1
Water View Bay/Harbor - Full
Water Access Type Bay/Harbor
Pet Size Limit Small (16-35 Lbs.)
Minimum Lease 2 Months
Water Access Y/N true
Monthly Condo Fee Amount 3150
HOA Monthly Maintenance 0
Additional Rooms Den/Library/Office Inside Utility
Water View Y/N true
Flood Zone Code AE
DockY/N true
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Interior
Interior Amenities Built-in Features Ceiling Fan(s) Eating Space 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
Flooring Carpet Engineered Hardwood Tile
Furnished Y/N Unfurnished
Fireplace Features Gas Living Room
Total Stories 3
Common Walls Corner Unit End Unit
Air Conditioning Y/N true
Heating Y/N true
Window Features Storm Window(s)
Fireplace Y/N true
Half Baths 0
Laundry Features Inside Laundry Room
Total Bedrooms 3
Total Baths 3
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Exterior
Exterior Amenities Balcony Irrigation System Private Mailbox Sliding Doors Tennis Court(s)
Vegetation Mature Landscaping Trees/Landscaped
Parking Features Deeded Garage Door Opener Ground Level Guest
Lot Features FloodZone City Lot Landscaped Near Golf Course Private
Water Source Public
Foundation Details Stilt/On Piling
Spa true
Building Area Total 2700
Lot Size Acres 0
Road Surface Type Brick Asphalt Paved
Private Pool false
Waterfront Y/N true
Covered Spaces 2
Road Frontage Type Street Brick
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* Excluded Features
List By
Michael Saunders & Company

Broker

Debrapitell-hauge@michaelsaunders.com

Email

Affordability Calculator

$13,851
Per Month
89%
11%
0%
Monthly Principal & Interest
$12,314
Monthly Property Taxes
$1,536
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Booker High High School High School
Pricing History
DatePricePrice ChangeDescription
1/20/2026$2,000,000 -6.98% Price Down
12/19/2025$2,150,000 Listed Price

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340 GULF OF MEXICO DRIVE 124, Longboat Key, FL, 34228 is a Condo for sale at $2,000,000 with 2,365 sqft. 340 GULF OF MEXICO DRIVE 124 has 3 bedrooms, 3.0 baths, and was built in 1991. The property's zip code is 34228 which is in Longboat Key, FL