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$1,690,000
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Property Description
One or more photo(s) has been virtually staged. One or more photos have been virtually staged. Only patio photo is virtually staged, no patio furniture is included. Welcome to Tangerine Bay Club, the southernmost condominium on Longboat Key, where refined sophistication meets resort-style livingThis 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 have the option to purchase a membership to the Bay Isles Beach Club by applying through the property manager. 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. Tangerine Bay Club is renowned for its Mediterranean-inspired architecture, lush 10-acre tropical setting, and active social atmosphere. A truly unique coastal lifestyle.
Full Property Details
Full Property Details for 340 Gulf of Mexico Dr #124
General
- Sold For: $1,690,000
- HOA FEE: $3,150/month
- HOA FEE FREQ.: Quarterly
- Taxes: $18,437 (2024)
- Status: Closed
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4648088
- Added to Site: 452 day(s) ago
Rental Information
- Min. Lease: 2 Months
Interior
- Number of Rooms: 13
- Interior Features: 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
- Fireplace: Yes
- Fireplace(s): Gas, Living Room
- Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Engineered Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Shared Amenities: Clubhouse, Elevator(s), Fitness Center, Maintenance, Pickleball Court(s), Pool, Security, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
- Pool Description: Gunite, Heated, In Ground
- Spa: Yes
- Spa Description: Heated, In Ground
- Security/Safety: Fire Sprinkler System, Gated Community, Security Gate, Security Lights, Security System, Security System Owned, Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Irrigation System, Private Mailbox, Sliding Doors, Tennis Court(s)
- Deck/Patio: Covered, Front Porch, Patio, Rear Porch
- Porch/Patio/Deck: Covered, Front Porch, Patio, Rear Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Deeded, Garage Door Opener, Ground Level, Guest
Location
- Area: 34228 - Longboat Key
- County: Sarasota
- Development Name: 34228 - Longboat Key
- Subdivision: TANGERINE BAY CLUB
- Driving 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.
- Direction Faces: East
School Information
- Elementary School: Southside Elementary
- Middle School: Booker Middle
- High School: Booker High
Community
- Community Name: 34228 - Longboat Key
- 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)
- Optional Amenities: Clubhouse, Elevator(s), Fitness Center, Maintenance, Pickleball Court(s), Pool, Security, Spa/Hot Tub, Tenni
- Association: Yes
- Assoc. Name: Michael Canacari
- Assoc. Fees Include: Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Recreational Facilities, Security, Sewer
- Number of Pets: 2
- Pet Restrictions: Refer to Condo Docs for all pet restrictions, / 22lbs.
- Management Type: On Site Property Manager
- Mgmt. Company: On Site Property Manager
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water District: SARASOTA BAY
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
Structural Information
- Architectural Info: Mediterranean
- Architectural Style: Mediterranean
- Exterior Const.: Block, Stucco
- Roof: Tile
- Common Walls: Corner Unit, End Unit
- Windows: Storm Window(s)
- Stories/Levels: One
- Square Feet: 2,365
- Sq. Ft. Source: Estimated
- Living Area: 2,365 Sq. Ft.
- Year Built: 1991
Lot Features
- Property View: Water
- Frontage: Street Brick
- Street/Road Desc.: Brick, Asphalt, Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Bay/Harbor
- Water Front Name: SARASOTA BAY
- Water Front Desc.: Bay/Harbor Front, Waterfront, Bay/Harbor
Financial Considerations
- Assoc Fee Desc.: None
- Condo Fee: $9,450
- Condo Fee Freq: Quarterly
- Tax Amount: $18,437
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNIT 124 BLDG 1B TANGERINE BAY CLUB PHASE 1
- Flood Zone Info: AE
- APN: 12051013
- Property ID: 12051013
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Schools
Schools serving 340 Gulf of Mexico Dr #124
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Southside Elementary School, Sarasota, FL 1901 Webber Street, Sarasota, FL 34239 | PK-5 | 4 mi |
Booker Middle School 2250 Myrtle Street, Sarasota, FL 34234 | 6-8 | 4.4 mi |
Booker High School 3201 North Orange Avenue, Sarasota, FL 34234 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 340 Gulf of Mexico Dr #124
Date
Details
Price
Change
Source
5/27/2026
Sold
$1,690,000
-2.03%
MLS
3/09/2026
Price Reduced
$1,725,000
-8.97%
MLS
2/16/2026
Price Reduced
$1,895,000
-5.25%
MLS
1/20/2026
Price Reduced
$2,000,000
-6.98%
MLS
8/08/2025
Price Reduced
$2,150,000
-13.83%
MLS
4/30/2025
Price Reduced
$2,495,000
-3.67%
MLS
4/17/2025
Listed
$2,590,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
340 Gulf Of Mexico Drive #124, Longboat Key, FL 34228 (MLS# A4648088) is a Condo property that was sold at $1,690,000 on May 27, 2026. This property was sold by Maggie Hicks from our Longboat Key Office.Want to learn more about 340 Gulf Of Mexico Drive #124? Do you have questions about finding other Condo real estate for sale in Longboat Key? You can browse all Longboat Key real estate or contact a Coldwell Banker agent to request more information.


