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340 Gulf Of Mexico Drive Unit 136

Longboat Key, FL 34228

3 beds
4 baths
2,880 sqft
~11 acre lot
$1,144 per sqft
1991 build
– on site

Two-level penthouses at Tangerine Bay Club are a rare offering, and this south-facing corner residence elevates the standard. Recently reimagined with refined sophistication, this nearly 3,000-square-foot getaway captures breathtaking panoramic views of Sarasota Bay, the city skyline, and lush coastal mangroves. Perfectly situated to ensure ultimate privacy with two coveted terraces and peaceful neighboring nature preserves. The exclusive layout lives like a single-family home, featuring private access through a private courtyard and a coveted two-car garage. Inside, coastal elegance meets thoughtful craftsmanship. The open-concept design has been curated with premium enhancements including impact-rated Andersen windows, motorized storm shutters, custom LED lighting, and California Closets throughout. A dramatic living room with vaulted ceilings and skylight is centered around a gas fireplace and built-in entertainment wall, while walls of glass frame picturesque bay views and open onto two expansive terraces, ideal for indoor-outdoor living. At the heart of the home, the gourmet kitchen impresses with top-tier finishes: honed marble countertops, a striking island with leathered stone, custom cabinetry by Campbell Cabinetry Designs, and chef-caliber appliances—including a La Cornue dual-fuel range with French plate, built-in Flamberge rotisserie oven, galley sink, wine cooler, and Sub-Zero beverage drawers. A dining nook and formal dining space offer versatile options for entertaining or casual meals. The primary suite is a peaceful retreat tucked onto the east wing. It offers terrace access, custom wardrobe systems, and a luxurious en-suite bath clad in quartz with a freestanding tub, double vanities, and walk-in steam shower. A second bedroom with nearby full bath is currently styled as a den, while upstairs, a lofted lounge with built-ins and third bedroom suite create an ideal space for guests or work-from-home flexibility. Tangerine Bay Club is a resort-style community known for its Mediterranean-inspired architecture, lush tropical landscaping, and premier location on Longboat Key’s southern end. Residents enjoy a long list of amenities: a 25-meter heated pool and spa on a private island, tennis and pickleball courts, fitness center, kayak launch, walking paths, vibrant social calendar, and a day dock (first-come, first-serve). Optional membership to the exclusive Bay Isles Beach Club provides deeded access to a private stretch of the Gulf’s sugar-white sand. Just outside the gates, enjoy proximity to world-class offerings including Longboat Key Club, Dry Dock Waterfront Grill, Chart House, and golf and marina access at Harbourside. A short drive brings you to the boutiques and fine dining of St. Armands Circle, and the cultural heartbeat of downtown Sarasota’s art galleries, theaters, and restaurants.

Listing courtesy of STELLAR_MLS / COLDWELL BANKER REALTY

Last checked: Checking… • Last updated Apr 18, 2025 •

MLS# A4648465 —

The Building

Year Built:

1991
New Construction:

false
Builder Model:

300-C
Construction Materials:

Block
Building Elevator:

true
Levels:

Two
Stories Total:

4
Common Walls:

End Unit
Roof:

Tile
Foundation Details:

Stilt/On Piling
Window Features:

Storm Window(s)
Patio And Porch Features:

Deck
Security Features:

Fire Sprinkler System
Floor Number:

3
Unit Number:

136
Building Area Total:

3810
Building Area Units:

Square Feet
Building Area Source:

Builder

Interior

Interior Features:

Built-in Features
Furnished:

Unfurnished
Flooring:

Hardwood
Additional Rooms:

Great Room
Fireplace:

true
Fireplace Features:

Gas

Room Dimensions

Living Area:

2880
Living Area Units:

Square Feet
Living Area Source:

Builder

Location

Directions:

Gulf of Mexico Dr to 100 block; East turn, through guard gate
Latitude:

27.338212
Longitude:

-82.588482
Coordinates:

-82.588482, 27.338212

The Property

Parcel Number:

0012051018
Property Type:

Residential
Property Subtype:

Condominium
Lot Features:

Flood Insurance Required
Lot Size Acres:

10.95
Lot Size Area:

10.9507
Lot Size SqFt:

477011
Lot Size Units:

Acres
Zoning:

MUC2
Direction Faces:

West
View:

City
View:

true
Exterior Features:

Balcony
Vegetation:

Mature Landscaping
Water Source:

Public
Road Responsibility:

Private Maintained Road
Road Surface Type:

Paved
Road Frontage Type:

Private Road
Flood Zone Code:

AE
Flood Zone Panel:

12115C0129G
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

136
Tax Legal Description:

UNIT 136 BLDG 1B TANGERINE BAY CLUB PHASE 1, ORI 2007166869
Tax Book Number:

29-31
Tax Annual Amount:

22280

Beds

Bedrooms Total:

3

Baths

Total Baths:

3.5
Total Baths:

4
Full Baths:

3
Half Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://pix360.com/phototour4/39613/
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Appliances:

Bar Fridge
Laundry Features:

Inside

The Community

Subdivision Name:

TANGERINE BAY CLUB
Senior Community:

false
Community Features:

Bay/Harbor Front
Waterview:

Bay/Harbor - Full
Waterview:

true
Water Access:

Beach
Water Access:

true
Waterfront:

true
Waterfront Features:

Bay/Harbor Front
Spa:

true
Spa Features:

Heated
Pool Private:

false
Pool Features:

Deck
Pets Allowed:

Number Limit
Pet Restrictions:

2 pets allowed; 22 lbs. max (fully grown); 16” high (at the shoulder)
# of Pets:

2
Max Pet Weight:

22
Association Amenities:

Clubhouse
Association:

true
Association Fee Includes:

Community Pool
Association Fee Requirement:

None
Amenities Additional Fees:

ACCESS TO THE BAY ISLES BEACH CLUB IS AVAILABLE FOR ADDITIONAL FEE. APPLICATION APPROVAL REQUIRED
Condo Fees:

8700
Condo Fees Term:

Quarterly
Monthly Condo Fee Amount:

2900
Ownership:

Fee Simple
Association Approval Required:

true
Waterfront Feet Total:

1

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2
Carport:

false
Covered Spaces:

2
Parking Features:

Deeded

Extra Units

Other Structures:

Cabana

Monthly cost estimate

Asking price

$3,295,000

Expense	Monthly cost
Mortgage	$17,643
Taxes	$1,856
Insurance	$906
Utilities	$159 See report
Total	$20,564/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/17/25 Apr 17, 2025	Listed / Active	STELLAR_MLS	$3,295,000

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This condo located in Longboat Key Club, Longboat Key, FL 34228 is currently for sale for $3,295,000. 340 Gulf Of Mexico Drive Unit 136 is a 2,880 square foot condo with 3 beds and 4 baths that has been on Estately for 4 days. 340 Gulf Of Mexico Drive Unit 136 is in the Longboat Key Club neighborhood of Longboat Key and has a WalkScore® of 21, making it car-dependent. This condo is in the attendance area of Southside Elementary School and Booker Middle School.

Listing Courtesy of: STELLAR_MLS and COLDWELL BANKER REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.