340gulfofmexicodrive136longboatkeyfl34228

3 Beds

3 Full baths

2,880SqFt

Active

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
Bedrooms 3
Full Baths 3
Half Baths 1
Property Style Custom, Elevated, Mediterranean
Lot Size Area 10.9507
Lot Size Area Units Acres
Acres 10.95
Property Type Residential
Sub type Condominium
MLS Sub type Condominium
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
Exterior Features Balcony, Courtyard, Hurricane Shutters, Irrigation System, Lighting, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
Year Built 1991
Subdivision TANGERINE BAY CLUB
View City, Water
Roof Tile
Heating Central, Electric, Heat Pump, Zoned
Foundation Stilt/On Piling
Lot Description Flood Insurance Required, FloodZone, In County, Landscaped, Near Golf Course, Near Marina, Oversized Lot, Private, Sidewalk
Laundry Features Inside, Laundry Room
Pool features Deck, Gunite, Heated, In Ground, Lighting, Outside Bath Access
Parking Description Deeded, Garage Door Opener, Ground Level, Guest, Under Building
Garage spaces 2
Association Name MICHAEL CANACARI
Association Amenities Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
Geographic Data
Directions Gulf of Mexico Dr to 100 block; just past the light at Longboat Club Rd; East turn, through guard gate; turn right; Building 1 is at the very back on the right.
County Sarasota
Latitude 27.338212
Longitude -82.588482
Market Area 34228 - Longboat Key
Address Information
Address 340 GULF OF MEXICO DRIVE #136, LONGBOAT KEY, FL 34228
Unit 136
Postal Code 34228
City LONGBOAT KEY
State FL
Country United States
Listing Information
Listing Office COLDWELL BANKER REALTY
Listing Agent Roger Pettingell
Special listing conditions None
Ownership Fee Simple
Virtual Tour URL https://pix360.com/vtour3/39613/
MLS Information
Days on market 0
MLS Status Active
Listing Date Oct 2, 2026
Listing Last Modified Oct 2, 2026
Tax ID 0012051018
Tax Year 2024
Tax Annual Amount 22280
MLS Area 34228 - Longboat Key
MLS # A4707766

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