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.
For sale
$3,295,000
340 Gulf Of Mexico Dr APT 136, Longboat Key, FL 34228
3beds
2,880sqft
Est.:
Condominium
Built in 1991
-- sqft lot
$3,013,200 Zestimate®
$1,144/sqft
$2,900/mo HOA
What's special
Gas fireplaceSouth-facing corner residencePrivate courtyardTwo-car garageLush coastal mangrovesCoastal eleganceTwo coveted terraces
- 9 days
- on Zillow |
- 299 |
- 14 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 08:26am
Listing Provided by:
Roger Pettingell 941-387-1840,
COLDWELL BANKER REALTY 941-383-6411,
Thomas Arbuckle 941-356-0638,
COLDWELL BANKER REALTY
Source: Stellar MLS,MLS#: A4648465
Originating MLS: Sarasota - Manatee


Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Great Room, Utility Room, Loft
Primary bedroom
- Features: Built-In Shelving, En Suite Bathroom, Walk-In Closet(s)
- Level: First
- Area: 270 Square Feet
- Dimensions: 18x15
Bedroom 2
- Features: Built-In Shelving, En Suite Bathroom, Shower No Tub, Built-in Closet
- Level: First
- Area: 169 Square Feet
- Dimensions: 13x13
Bedroom 3
- Features: Built-In Shelving, En Suite Bathroom, Shower No Tub, Single Vanity, Stone Counters, Built-in Closet
- Level: Second
- Area: 238 Square Feet
- Dimensions: 14x17
Primary bathroom
- Features: Built-In Shelving, Built-In Shower Bench, Dual Sinks, En Suite Bathroom, Multiple Shower Heads, Steam Shower, Stone Counters, Sunken Shower, Tall Countertops, Tub with Separate Shower Stall, Water Closet/Priv Toilet
- Level: First
Dinette
- Level: First
- Area: 90 Square Feet
- Dimensions: 10x9
Dining room
- Level: First
- Area: 255 Square Feet
- Dimensions: 15x17
Kitchen
- Features: Breakfast Bar, Built-In Shelving, Kitchen Island, Stone Counters, Tall Countertops
- Level: First
- Area: 272 Square Feet
- Dimensions: 16x17
Living room
- Features: Built-In Shelving
- Level: First
- Area: 408 Square Feet
- Dimensions: 24x17
Loft
- Features: Built-In Shelving
- Level: Second
- Area: 171 Square Feet
- Dimensions: 19x9
Heating
- Central, Electric, Heat Pump, Zoned
Cooling
- Central Air, Zoned
Appliances
- Included: Bar Fridge, Oven, Convection Oven, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
- Laundry: Inside, Laundry Room
Features
- Built-in Features, Cathedral Ceiling(s), Eating Space In Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Hardwood
- Doors: Sliding Doors
- Windows: Storm Window(s), Window Treatments, Wood Frames, Skylight(s), Hurricane Shutters, Hurricane Shutters/Windows
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 3,810
- Total interior livable area: 2,880 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Deeded, Garage Door Opener, Ground Level, Guest, Under Building
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
- Exterior features: Balcony, Courtyard, Irrigation System, Lighting, Sidewalk, Storage, Tennis Court(s)
- Pool features: Deck, Gunite, Heated, In Ground, Lighting, Outside Bath Access
- Has spa: Yes
- Spa features: Heated, In Ground
- Has view: Yes
- View description: City, Water, Bay/Harbor - Full
- Has water view: Yes
- Water view: Water,Bay/Harbor - Full
- Waterfront features: Bay/Harbor Front, Bay/Harbor, Beach Access, Gulf/Ocean Access
Lot
- Size: 10.95 Acres
- Features: Flood Insurance Required, FloodZone, In County, Landscaped, Near Golf Course, Near Marina, Oversized Lot, Private, Sidewalk
- Residential vegetation: Mature Landscaping, Trees/Landscaped
Details
- Additional structures: Cabana, Storage, Tennis Court(s)
- Parcel number: 0012051018
- Zoning: MUC2
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Stucco
- Foundation: Raised
- Roof: Tile
Condition
- New construction: No
- Year built: 1991
Details
- Builder model: 300-C
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Bay/Harbor Front, Dock, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - No Guard, Pool, Sidewalks, Tennis Court(s)
- Security: Fire Sprinkler System, Gated Community, Security Gate, Smoke Detector(s)
- Subdivision: TANGERINE BAY CLUB
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
- Services included: Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
- HOA fee: $2,900 monthly
- HOA name: MICHAEL CANACARI
- HOA phone: 941-383-0845
- Pet fee: $0 monthly
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $1,144/sqft
- Annual tax amount: $22,280
- Date on market: 4/17/2025
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
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