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340 Gulf Of Mexico Drive Unit 124

Longboat Key, FL 34228

3 beds
3 baths
2,365 sqft
$1,054 per sqft
1991 build
– on site

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. 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, day dock, fishing pier, 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. Being offered fully furnished. 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.

Listing courtesy of STELLAR_MLS / MICHAEL SAUNDERS & COMPANY

Last checked: Checking… • Last updated May 5, 2025 •

MLS# A4648088 —

The Building

Year Built:

1991
New Construction:

false
Architectural Style:

Mediterranean
Construction Materials:

Block
Building Elevator:

true
Levels:

One
Stories Total:

3
Common Walls:

Corner Unit
Roof:

Tile
Foundation Details:

Stilt/On Piling
Window Features:

Storm Window(s)
Patio And Porch Features:

Covered
Security Features:

Fire Sprinkler System
Floor Number:

2
Unit Number:

124
Building Area Total:

2700
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Built-in Features
Furnished:

Furnished
Flooring:

Carpet
Additional Rooms:

Den/Library/Office
Fireplace:

true
Fireplace Features:

Gas

Room Dimensions

Living Area:

2365
Living Area Units:

Square Feet
Living Area Source:

Estimated

Location

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.
Latitude:

27.338212
Longitude:

-82.588482
Coordinates:

-82.588482, 27.338212

The Property

Parcel Number:

0012051013
Property Type:

Residential
Property Subtype:

Condominium
Lot Features:

FloodZone
Total Acres:

Non-Applicable
Zoning:

MUC2
Direction Faces:

East
View:

Water
View:

true
Exterior Features:

Balcony
Vegetation:

Mature Landscaping
Water Source:

Public
Road Surface Type:

Brick
Road Frontage Type:

Street Brick
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:

G16
Tax Legal Description:

UNIT 124 BLDG 1B TANGERINE BAY CLUB PHASE 1
Tax Book Number:

29-31
Tax Annual Amount:

$18,437

Beds

Bedrooms Total:

3

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Virtual Tour URL Unbranded:

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
Special Listing Conditions:

None
Home Warranty:

false

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Appliances:

Built-In Oven
Laundry Features:

Inside

Schools

Elementary School:

Southside Elementary
Middle Or Junior School:

Booker Middle
High School:

Booker High

The Community

Subdivision Name:

TANGERINE BAY CLUB
Senior Community:

false
Community Features:

Bay/Harbor Front
Waterview:

Bay/Harbor - Full
Waterview:

true
Water Access:

Bay/Harbor
Water Access:

true
Water Body Name:

SARASOTA BAY
Waterfront:

true
Waterfront Features:

Bay/Harbor Front
Spa:

true
Spa Features:

Heated
Pool Private:

false
Pool Dimensions:

Community
Pool Features:

Gunite
Pets Allowed:

Size Limit
Pet Restrictions:

Refer to Condo Docs for all pet restrictions
# of Pets:

2
Max Pet Weight:

22
Association Amenities:

Clubhouse
Association:

true
Association Fee Includes:

Common Area Taxes
Association Fee Requirement:

None
Amenities Additional Fees:

To join the Bay Isles Beach Club, Membership is $500 per year
Condo Fees:

9200
Condo Fees Term:

Quarterly
Monthly Condo Fee Amount:

3067
Ownership:

Condominium
Association Approval Required:

true
Waterfront Feet Total:

500

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2
Carport:

false
Covered Spaces:

2
Parking Features:

Deeded

Monthly cost estimate

Asking price

$2,495,000

Expense	Monthly cost
Mortgage	$13,359
Taxes	$1,536
Insurance	$686
Utilities	$148 See report
Total	$15,729/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

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Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/30/25 Apr 30, 2025	Price Changed	STELLAR_MLS	$2,495,000	-3.7%
4/17/25 Apr 17, 2025	Listed / Active	STELLAR_MLS	$2,590,000

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This condo located in Longboat Key Club, Longboat Key, FL 34228 is currently for sale for $2,495,000. 340 Gulf Of Mexico Drive Unit 124 is a 2,365 square foot condo with 3 beds and 3 baths that has been on Estately for 27 days. 340 Gulf Of Mexico Drive Unit 124 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 Booker Middle School and Southside Elementary School.

Listing Courtesy of: STELLAR_MLS and MICHAEL SAUNDERS & COMPANY.

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.