Listing Details for MLS #A4648465
340 Gulf Of Mexico Drive Unit 136, Longboat Key, Fl

Residential Property - Condominium in Longboat Key

Listing Price: $3,295,000 (Mortgage Calculator →)Days on Market: 1

Description of Property

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.The average asking price for a 3 bedroom/3 bath condominium in this Zip code is $3,180,404. This condominium is listed at about 104% of the average asking price. There are 3 3 bedroom/3 bath homes between $2,800,000 and $3,800,000 currently listed for sale in this Zip code. See other listings like this one »