340 GULF OF MEXICO DRIVE UNIT 136 LONGBOAT KEY FL 34228 | MLS #A4707766

340 GULF OF MEXICO DRIVE UNIT 136
LONGBOAT KEY, FL, 34228
$2,995,000
3 Beds
3.5 Baths
2,880 SqFt
10.95 Acres
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MLS #A4707766 image #0
Rarely available and distinctly different from traditional condominium living, this two-level penthouse at Tangerine Bay Club pairs nearly 3,000 square feet of beautifully reimagined interiors with sweeping bay views and the privacy of a single-family home. Positioned on a coveted south-facing corner, Residence #136 captures an extraordinary panorama encompassing the bay, downtown Sarasota skyline and protected mangrove preserves. Two generous terraces, a private courtyard entry and a private two-car garage further distinguish this exceptional residence.
Inside, the renovation strikes a sophisticated balance between coastal ease and thoughtful design. Soaring vaulted ceilings amplify the natural light, while expansive walls of glass keep bay vistas at the forefront of the main living spaces. A gas fireplace and custom entertainment wall create a dramatic focal point, and direct access to the terraces extends everyday living and entertaining outdoors. Impact-rated Andersen windows, motorized storm shutters, custom LED lighting and California Closets add another layer of comfort and functionality.
At the heart of the main level, the gourmet kitchen was designed as much for entertaining as for the serious home chef. Honed marble countertops complement a substantial leathered-stone island and custom cabinetry. A remarkable collection of appliances and culinary features includes a La Cornue dual-fuel range with French plate, Flamberge rotisserie oven, galley sink, wine cooler and Sub-Zero beverage drawers. An adjoining breakfast area provides a relaxed place to begin the day, while the formal dining area accommodates larger gatherings against the backdrop of the residence’s open living spaces.
Privately positioned, the primary suite is a serene retreat with direct terrace access, custom closets and a beautifully appointed spa-inspired bath. Quartz surfaces, dual vanities, a freestanding soaking tub and expansive walk-in steam shower create a luxurious setting.
Also on the main level, the second bedroom is currently arranged as a den with a nearby full bath, providing flexibility for guests, an office or additional living space. Upstairs, the home reveals another dimension: a lofted lounge with custom built-ins overlooks the living areas below, while a private third en-suite bedroom creates an ideal retreat for visiting family and friends. The separation between levels allows the residence to live comfortably whether hosting a full house or enjoying it as a private island escape.
Outdoor living is equally compelling. Two terraces capitalize on the penthouse’s south-facing orientation and elevated perspective. Combined with the private courtyard entrance and two-car garage, these spaces reinforce the feeling of a home.
Tangerine Bay Club is one of Longboat Key’s distinctive resort-style communities, recognized for its lush mature landscaping and exceptional location at the southern end of the island. Residents enjoy a 25-meter heated pool and spa set on a private island, tennis and pickleball, fitness, kayak launch, walking paths and a day dock available on a first-come basis. Adding to the community’s appeal, Tangerine Bay Club successfully completed its milestone inspection without requiring repairs, maintains healthy reserves and, at this time, has no special assessments anticipated. Optional membership to the Bay Isles Beach Club provides access to a private beach, adding another dimension to the Longboat Key lifestyle.

Property Details

Price:
$2,995,000
MLS #:
A4707766
Status:
Active
Beds:
3
Baths:
3.5
Type:
Condo
Subtype:
Condominium
Subdivision:
TANGERINE BAY CLUB
Neighborhood:
34228longboatkey
Listed Date:
Oct 2, 2026
Finished Sq Ft:
2,880
Total Sq Ft:
3,810
Lot Size:
477,011 sqft / 10.95 acres (approx)
Year Built:
1991
WaterfrontPoolTennisPrimary Bedroom Main FloorCommunity PoolCommunity GatedCommunity Club House34228 – Longboat Key34228longboatkeyTangerine Bay ClubSee Association Documents2 MonthsPets Allowed

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Schools

Interior

Appliances
Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air, Zoned
Flooring
Hardwood
Heating
Central, Electric, Heat Pump, Zoned
Interior Features
Built-in Features, Cathedral Ceiling(s), Eating Space In Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Laundry Features
Inside, Laundry Room
Levels
Two

Exterior

Architectural Style
Custom, Elevated, Mediterranean
Association Amenities
Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
Attached Garage YN
1
Common Walls
End Unit
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)
Construction Materials
Block, Stucco
Covered Spaces
2
Direction Faces
West
Exterior Features
Balcony, Courtyard, Hurricane Shutters, Irrigation System, Lighting, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
Garage Spaces
2
Lot Features
Flood Insurance Required, FloodZone, In County, Landscaped, Near Golf Course, Near Marina, Oversized Lot, Private, Sidewalk
Other Structures
Cabana, Storage, Tennis Court(s)
Parking Features
Deeded, Garage Door Opener, Ground Level, Guest, Under Building
Patio And Porch Features
Deck, Patio
Roof
Tile
Security Features
Fire Sprinkler System, Gated Community, Security Gate, Smoke Detector(s)
Spa Features
Heated, In Ground
View
City, Water
Waterfront Features
Bay/Harbor Front, Bay/Harbor
Window Features
Storm Window(s), Window Treatments, Wood Frames

Financial

HOA Includes
Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
HOA Name
MICHAEL CANACARI
HOA Phone
941-383-0845
Tax Year
2024
Taxes
$22,280

Map

Community

Subdivisions in LONGBOAT KEY

Market Summary

Current real estate data for Condo in LONGBOAT KEY as of Oct 08, 2026
162
Condo Listed
153
Avg DOM
753
Avg $ / SqFt
$1,457,412
Avg List Price

Property Summary

    Located in the TANGERINE BAY CLUB subdivision, 340 GULF OF MEXICO DRIVE UNIT 136 LONGBOAT KEY FL is a Condo for sale in LONGBOAT KEY, FL, 34228. It is listed for $2,995,000 and features 3 beds, 4 baths, and has approximately 2,880 square feet of living space, and was originally constructed in 1991. The current price per square foot is $1,040. The average price per square foot for Condo listings in LONGBOAT KEY is $753. The average listing price for Condo in LONGBOAT KEY is $1,457,412. To schedule a showing of MLS#a4707766 at 340 GULF OF MEXICO DRIVE UNIT 136 in LONGBOAT KEY, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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340 GULF OF MEXICO DRIVE UNIT 136
LONGBOAT KEY, FL