340 Gulf Of Mexico Drive 136, LONGBOAT KEY, FL

$2,995,000

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3

Beds

4

Baths

2,880

Square feet

10.95

Acres

About 340 Gulf Of Mexico Drive 136

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.

Features of 340 Gulf Of Mexico Drive 136

MLS® # A4707766
Price $2,995,000
Bedrooms 3
Bathrooms 4.00
Full Baths 3
Half Baths 1
Square Footage 2,880
Acres 10.95
Year Built 1991
Type Residential
Sub-Type Condominium
Style Custom, Elevated, Mediterranean
Status Active
Taxes $22,280
Condo Fee $9,300
Condo Fee Frequency Quarterly
CDD N

Community Information

Address 340 Gulf Of Mexico Drive 136
Area Longboat Key
Subdivision TANGERINE BAY CLUB
City LONGBOAT KEY
County Sarasota
State FL
Zip Code 34228-4025

Amenities

Amenities Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
Parking Deeded, Garage Door Opener, Ground Level, Guest, Under Building
# of Garages 2
View City, Water
Is Waterfront Yes
Waterfront Bay/Harbor Front, Bay/Harbor
Has Pool No

Interior

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
Appliances Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
Heating Central, Electric, Heat Pump, Zoned
Cooling Central Air, Zoned
Fireplace Yes
Fireplaces Gas, Living Room
# of Stories 4

Exterior

Exterior Features Balcony, Courtyard, Hurricane Shutters, Irrigation System, Lighting, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
Lot Description Flood Insurance Required, FloodZone, In County, Landscaped, Near Golf Course, Near Marina, Oversized Lot, Private, Sidewalk
Roof Tile
Foundation Stilt/On Piling

Pet Information

Number of Pets 2
Size Small (16-35 Lbs.)
Weight 22
Restrictions 2 pets allowed; 22 lbs. max (fully grown); 16” high (at the shoulder)

Rental Restrictions

Minimum Lease 2 Months

Additional Information

Date Listed October 2nd, 2026
Zoning MUC2
Foreclosure No
Short Sale No
RE / Bank Owned No
Maintenance Includes Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water

Listing Details

OfficeCOLDWELL BANKER REALTY

Listing Map

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