$2,995,000

340 GULF OF MEXICO DRIVE UNIT 136, Longboat Key

3

Beds

3.5

Baths

2,880 ft2

Property Size

A4707766

MLS #

About The Property

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.

Listing updated: 2026-10-03T10:47:11.853Z

Listed by Realtor: Roger Pettingell

Listed by office:  COLDWELL BANKER REALTY

Source: Stellar MLS

Property Details

Listing Id: A4707766
Price: $2,995,000
Property Size: 2,880 ft2
Property Lot Size: 11 ft2
Rooms: 9
Bedrooms: 3
Bathrooms: 3.5
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
Bathrooms Full: 3
Bathrooms Half: 1
Modification Timestamp: 2026-10-06T22:29:19.307Z
Builder Model: C
Building Area Total: 3810
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
Cooling: Central Air, Zoned
CoveredSpaces: 2
CumulativeDaysOnMarket: 4
DaysOnMarket: 4
DirectionFaces: West
FireplaceFeatures: Gas, Living Room
Flooring: Hardwood
FoundationDetails: Stilt/On Piling
Furnished: Unfurnished
GarageSpaces: 2
Laundry Features: Inside, Laundry Room
Levels: Two
List AOR: Sarasota - Manatee
List Agent AOR: Sarasota - Manatee
List Agent Email: Professionals@Pettingell.com
List Agent Full Name: Roger Pettingell
List Agent MlsId: 281501547
ListOfficeMlsId: 231502433
List Office Name: COLDWELL BANKER REALTY
ListOfficePhone: 941-383-6411
Living Area Source: Builder
Lot Features: Flood Insurance Required, FloodZone, In County, Landscaped, Near Golf Course, Near Marina, Oversized Lot, Private, Sidewalk
LotSizeArea: 10.9507
LotSizeSquareFeet: 477011
MLS Area Major: 34228 - Longboat Key
MlsStatus: Active
ModificationTimestamp: 2026-10-03T10:47:11.853Z
OnMarketDate: 2026-10-02
Originating System Name: Stellar MLS
Other Structures: Cabana, Storage, Tennis Court(s)
Ownership: Fee Simple
Parcel Number: 0012051018
Parking Features: Deeded, Garage Door Opener, Ground Level, Guest, Under Building
Pets Allowed: Number Limit, Size Limit, Yes
Pool Features: Deck, Gunite, Heated, In Ground, Lighting, Outside Bath Access
Roof: Tile
Security Features: Fire Sprinkler System, Gated Community, Security Gate, Smoke Detector(s)
Sewer: Public Sewer
Spa Features: Heated, In Ground
State Or Province: FL
Status Change Timestamp: 2026-10-02T20:59:03.457Z
Stories Total: 4
Street Name: GULF OF MEXICO
Street Number: 340
Street Number Numeric: 340
Street Suffix: DRIVE
Tax Annual Amount: 22280
Tax Book Number: 29-31
Tax Year: 2024
Unit Number: 136
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
View: City, Water
Water Source: Public
Waterfront Features: Bay/Harbor Front, Bay/Harbor
Window Features: Storm Window(s), Window Treatments, Wood Frames
Year Built: 1991
Zoning: MUC2
FeedTypes: IDX
Source System Key: 812618422
OriginalEntryTimestamp: 2026-10-02T20:59:03.457Z
OriginalListPrice: 2995000

Amenities and Features

Outdoor Details
Garage Attached
Other Features
Balcony
Bar Fridge
Built-in Features
Built-In Oven
Cathedral Ceiling(s)
Convection Oven
Courtyard
Dishwasher
Disposal
Dryer
Eating Space In Kitchen
Has a View
Has Cooling System
Has Fireplace
Has Garage
Has Heating System
Has Waterfront
High Ceilings
Home Owners Association
Hurricane Shutters
Ice Maker
Irrigation System
Lighting
Living Room/Dining Room Combo
Microwave
Open Floorplan
Primary Bedroom Main Floor
Range
Range Hood
Refrigerator
Sidewalk
Skylight(s)
Sliding Doors
Solid Surface Counters
Solid Wood Cabinets
Spa
Split Bedroom
Stone Counters
Storage
Tankless Water Heater
Tennis Court(s)
Vaulted Ceiling(s)
Walk-In Closet(s)
Washer
Window Treatments
Wine Refrigerator

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$15,355.96
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  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
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Disclaimer

Property ID - | 965738

All listings featuring of Stellar MLS are provided by Stellar MLS. This information is not verified for authenticity or accuracy and is not guaranteed. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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