340 Gulf of Mexico Dr Unit 126 Longboat Key, FL 34228
Estimated payment $15,200/month
Highlights
- White Water Ocean Views
- Property Fronts a Bay or Harbor
- Heated In Ground Pool
- Southside Elementary School Rated A
- Fitness Center
- Custom Home
About This Home
Rarely available Corner Residence! This very private Bayfront Southwest corner residence features 3 terraces. Experience resort-style living at Tangerine Bay Club, a gated sanctuary on the south end of Longboat Key. This impeccably maintained 2BR, plus office/Den, or 3-bedroom, 2.5-bath home offers 2,300 sq. ft. of refined living space with breathtaking views of Sarasota Bay and downtown, as well as unmatched proximity to St. Armands Circle, downtown Sarasota, and the Longboat Key Club.
Beautifully updated, the residence features an open-concept floor plan with oversized diagonal tile flooring, a cozy fireplace, custom built-ins, and an abundance of natural light. The eat-in kitchen boasts sleek, custom cabinetry, granite countertops, stainless steel appliances, a breakfast bar, a walk-in pantry, and a charming dining nook overlooking the private courtyard. The secluded primary suite is a serene retreat with bayfront terrace access, high ceilings, a walk-in closet, and a renovated en-suite bath. Two guest bedrooms are thoughtfully positioned for privacy. Enjoy multiple terraces for morning coffee or sunsets, along with a natural gas grill and an oversized, two-car private garage.
Tangerine Bay Club amenities include a heated pool with a lap lane and spa, tennis and pickleball courts, a fitness center, a clubhouse with social activities, and a scenic half-mile walking trail. Outdoor enthusiasts will love the newly renovated boat dock, two kayak launches, and fishing pier—perfect for watching dolphins in the bay. Ownership includes (optional) membership to the Bay Isles Beach Club facilities for just $600.00 per year (application required).
This pet-friendly, meticulously maintained community offers peace of mind with no current or anticipated assessments. Recent capital projects, including painting, waterproofing, elevator rebuilds, 2024 roof replacements, and exterior updates, are now complete and funded, with milestone inspections having been cleared.
Listing Agent
COLDWELL BANKER REALTY Brokerage Phone: 941-366-8070 License #0318608 Listed on: 11/06/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,050
Year Built
- Built in 1991
Lot Details
- Property Fronts a Bay or Harbor
- Cul-De-Sac
- Street terminates at a dead end
- West Facing Home
- Mature Landscaping
- Irrigation Equipment
- Landscaped with Trees
HOA Fees
- $3,150 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Basement Garage
- Oversized Parking
- Ground Level Parking
- Garage Door Opener
- Secured Garage or Parking
- Guest Parking
Property Views
- White Water Ocean
- City
Home Design
- Custom Home
- Florida Architecture
- Elevated Home
- Entry on the 2nd floor
- Turnkey
- Pillar, Post or Pier Foundation
- Slab Foundation
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 2,274 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- High Ceiling
- Gas Fireplace
- Blinds
- Sliding Doors
- Great Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Breakfast Room
- Inside Utility
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Cooktop with Range Hood
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security Lights
- Security Gate
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Pool
- Saltwater Pool
- Outside Bathroom Access
- Child Gate Fence
- Pool Lighting
Outdoor Features
- Access to Bay or Harbor
- Balcony
- Covered Patio or Porch
- Outdoor Kitchen
- Exterior Lighting
- Outdoor Storage
Schools
- Southside Elementary School
- Brookside Middle School
- Booker High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Thermostat
- Underground Utilities
- Natural Gas Connected
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 126 / 1B
- Assessor Parcel Number 0012051015
Community Details
Overview
- Association fees include common area taxes, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
- David Daley Association, Phone Number (941) 415-1301
- Tangerine Bay Club Community
- Tangerine Bay Club Subdivision
- Association Owns Recreation Facilities
- The community has rules related to deed restrictions
Amenities
- Clubhouse
- Elevator
Recreation
- Tennis Courts
- Pickleball Courts
- Fitness Center
- Community Pool
Pet Policy
- 2 Pets Allowed
- Dogs Allowed
- Small pets allowed
Security
- Security Guard
- Gated Community
- Fire and Smoke Detector
- Fire Sprinkler System
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,808 | $955,091 | -- | -- |
| 2023 | $11,808 | $927,273 | $0 | $0 |
| 2022 | $11,659 | $900,265 | $0 | $0 |
| 2021 | $11,650 | $859,578 | $0 | $0 |
| 2020 | $11,739 | $847,710 | $0 | $0 |
| 2019 | $11,368 | $828,651 | $0 | $0 |
| 2018 | $11,190 | $813,200 | $0 | $813,200 |
| 2017 | $11,336 | $813,400 | $0 | $813,400 |
| 2016 | $11,540 | $813,000 | $0 | $813,000 |
| 2015 | $11,727 | $872,200 | $0 | $872,200 |
| 2014 | $11,720 | $783,200 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2025 11/06/25 | For Sale | $2,100,000 | -- | $923 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $695,000 | -- | |
| Warranty Deed | $695,000 | -- | |
| Warranty Deed | $625,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $325,000 | No Value Available |
Source: Stellar MLS
MLS Number: A4670287
APN: 0012-05-1015
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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