340 Gulf Of Mexico Drive #136, Longboat Key, FL 34228
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
Listed by: roger pettingell, thomas arbuckle
Office: coldwell banker realty
MLS#:A4707766
Source:MFRMLS
Price summary
- Price:$2,995,000
- Price per sq. ft.:$786.09
About this home
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....
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Home facts
- Year built:1991
- Subdivision & Development:TANGERINE BAY CLUB
- Listing ID #:A4707766
- Added:5 day(s) ago
- Updated:October 08, 2026 at 01:20 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Flooring:Wood
- Dining Description:Eat In Kitchen, Living Room/Dining Room Combo
- Kitchen Description:Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Eat-in Kitchen, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Wine Refrigerator
- Bedroom Description:High Ceilings, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s)
- Living area:2,880 sq. ft.
Heating and cooling
- Cooling:Central Air, Zoned
- Heating:Central, Electric, Heat Pump, Zoned
- Central air:Yes
Structure and exterior
- Roof:Tile
- Year built:1991
- Building area:2,880 sq. ft.
- Lot area:10.95 Acres
- Lot Features:Flood Zone, Landscaped, Near Golf Course, Near Marina, Oversized, Private, Sidewalk
- Architectural Style:Custom, Elevated, Mediterranean
- Construction Materials:Block, Stucco
- Exterior Features:Balcony, Courtyard, Deck, Lighting, Patio, Sidewalk, Tennis Court(s)
- Foundation Description:Stilt/On Piling
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,995,000
- Price per sq. ft.:$786.09
- Tax amount:$22,280 (2024)
Features and amenities
- Appliances:Bar Fridge, Built-in Oven, Convection Oven, Dishwasher, Disposal, Dryer, Ice Maker, Irrigation Equipment, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
- Laundry features:Dryer, Inside, Laundry Room, Washer
- Amenities:Built-In Features, Cable Available, Cathedral Ceiling(s), Clubhouse, Eat-in Kitchen, Fitness Center, Gated, High Ceilings, Irrigation Equipment, Living Room/Dining Room Combo, Maintenance, Natural Gas Connected, Open Floorplan, Phone Available, Pool, Primary Bedroom Main Floor, Recreation Facilities, Solid Surface Counters, Solid Wood Cabinets, Spa/Hot Tub, Split Bedroom, Stone Counters, Storage, Tennis Court(s), Underground Utilities, Vaulted Ceiling(s), Vehicle Restrictions, Walk-In Closet(s), Window Treatments
- Pool features:Gunite, Heated, In Ground, Outside Bath Access, Pool, Pool/Deck, Public Pool
Parking
- Parking description:Attached Garage, Basement, Deeded, Garage Door Opener, Ground Level, Guest
- Garage:Yes
- Garage spaces:2
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