Date
Details
Price
Change
Source
11/06/2025
Listed
$2,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/51
$2,100,000 Sale Pending
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Property Description
Under contract-accepting backup offers. Rare Southwest Bayfront corner Residence at Tangerine Bay is now available!. Experience resort-style living in this very private, directly Bayfront corner home with three terraces. Nestled in a gated sanctuary on Longboat Key, this impeccably maintained residence offers over 2,300 square feet of refined living space with breathtaking views of Sarasota Bay and Downtown Sarasota. You'll want to spend most of your time enjoying the panorama from every terrace, soaking in the natural light that fills the open-concept layout, and admiring the wood flooring and cozy fireplace. The eat-in kitchen overlooks a private courtyard garden and features sleek, custom cabinetry, granite countertops, newer stainless steel appliances, a natural gas cooktop, and a walk-in pantry. The primary suite is a serene retreat, presenting exquisite bay views, sunrise terrace access, high ceilings, a walk-in closet, and a renovated en-suite bath. The guest suite and den/3rd bedroom are thoughtfully positioned for privacy, ensuring tranquil spaces for everyone. Indulge in indoor-outdoor living at its finest with multiple terraces ideal for morning coffee, sunrises, and sunsets, as well as listening to birds greet the day. On the sunset terrace, you can enjoy wine and cook dinner on the natural gas barbecue while watching the sunset. Tangerine Bay offers a range of amenities to complement this luxurious lifestyle. A heated saltwater pool with a lap lane and spa invites relaxation, while tennis and pickleball courts offer recreation. Stay active in the on-site fitness center, and join neighbors for social activities at the clubhouse, all set along a scenic half-mile walking trail. The community also features a newly renovated day boat dock, two kayak launches, and a fishing pier, making it easy to explore the waterways right from your doorstep. This corner residence combines luxury, privacy, and resort-style living with the beauty of Longboat Key. If you're seeking a serene sanctuary with extraordinary Bayfront views this is a WOW home --a rare find --and ready instant enjoyment to create everlasting new memories.
Full Property Details
Full Property Details for 340 Gulf of Mexico Dr #126
General
- Price: $2,100,000
- HOA FEE: $3,150/month
- HOA FEE FREQ.: Quarterly
- Taxes: $12,049 (2024)
- Status: Pending
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4670287
- Updated: 12/22/2025
- Added to Site: 73 day(s) ago
Rental Information
- Min. Lease: 2 Months
Interior
- Number of Rooms: 6
- Interior Features: Built-in Features, Eating Space In Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
- Fireplace: Yes
- Fireplace(s): Gas, Living Room
- Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer
- Furnishings: Turnkey
- Flooring: Engineered Hardwood, Marble
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Gas Dryer Hookup, Inside, Laundry Room
Additional Information
- Shared Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Pickleball Court(s)
- Pool Description: Child Safety Fence, Gunite, Heated, In Ground, Lighting, Outside Bath Access, Salt Water
- Spa: Yes
- Spa Description: Heated, In Ground
- Security/Safety: Fire Alarm, Fire Sprinkler System, Gated Community, Security Gate, Security Lights, Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Irrigation System, Lighting, Sliding Doors, Storage, Tennis Court(s)
- Deck/Patio: Covered, Front Porch, Rear Porch, Side Porch
- Porch/Patio/Deck: Covered, Front Porch, Rear Porch, Side Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage Door Opener, Ground Level, Guest, Oversized, Under Building
Location
- Area: 34228 - Longboat Key
- County: Sarasota
- Development Name: 34228 - Longboat Key
- Subdivision: TANGERINE BAY CLUB
- Driving Directions: Gulf of Mexico Dr to 100 block; East turn, through guard gate; Turn right; Building is the last building on the right.
- Direction Faces: West
School Information
- Elementary School: Southside Elementary
- Middle School: Brookside Middle
- High School: Booker High
Community
- Community Name: 34228 - Longboat Key
- Community Features: Bay/Harbor Front, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Gated Community - Guard, Gated Community - No Guard, Pool, Sidewalks, Tennis Court(s)
- Optional Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Pickleball Court(s)
- Association: Yes
- Assoc. Name: David Daley
- Assoc. Fees Include: Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Other, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
- Number of Pets: 2
- Pet Restrictions: 2 pets allowed, no more than 32lb, fully grown, 16'' high at the shoulder, / 32lbs.
Heating & Cooling
- Cooling Type: Central Air, Zoned
- Heating Type: Central, Electric, Zoned
Utilities
- Sewer: Public Sewer
- Water District: SARASOTA BAY
- Water: Public
- Utility Description: BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Natural Gas Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
Structural Information
- Architectural Info: Custom, Elevated, Florida
- Architectural Style: Custom, Elevated, Florida
- Exterior Const.: Block, Concrete, Stucco
- Roof: Other
- Common Walls: Corner Unit, End Unit
- Windows: Blinds, Window Treatments
- Stories/Levels: One
- Square Feet: 2,274
- Sq. Ft. Source: Public Records
- Year Built: 1991
Additional Structures
- Other Structures: Outdoor Kitchen, Storage, Tennis Court(s)
Lot Features
- Property View: City, Water
- Lot Size (Acres): 10.95
- Lot Size (Sq. Ft.): 477,011
- Lot Size: 10.9507
- Frontage: Street Dead-End, Street Paved
- Street/Road Desc.: Paved, Concrete
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, Bay/Harbor
Financial Considerations
- Assoc Fee Freq.: Quarterly
- Assoc Fee Desc.: Required
- Condo Fee: $9,450
- Condo Fee Freq: Quarterly
- Tax Amount: $12,049.94
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: UNIT 126 BLDG 1B TANGERINE BAY CLUB PHASE 1
- Flood Zone Info: AE
- APN: 12051015
- Property ID: 12051015
- Block/Lot/Section: 1B
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 340 Gulf of Mexico Dr #126
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 |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 340 Gulf of Mexico Dr #126
Tax History
Tax History for 340 Gulf of Mexico Dr #126
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,050
2%
$955,091
3%
2023
$11,808
1%
$927,273
8%
2021
$11,650
—
$859,578
-5%
2022
$11,659
—
$900,265
6%
2021
$11,650
2%
$847,710
2%
2019
$11,368
2%
$828,651
2%
2018
$11,190
-1%
$813,200
—
2017
$11,336
-2%
$813,400
—
2016
$11,540
-2%
$813,000
-1%
2015
$11,727
—
$819,356
1%
2014
$11,720
5%
$812,853
4%
2013
$11,198
—
$783,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 340 Gulf of Mexico Dr #126
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340 Gulf Of Mexico Drive #126, Longboat Key, FL 34228 (MLS# A4670287) is a Condo property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 340 Gulf Of Mexico Drive #126 is currently listed for $2,100,000 and was received on November 06, 2025. This property is listed by Kepecz-Hays from our Sarasota Downtown Office.Want to learn more about 340 Gulf Of Mexico Drive #126? 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.