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Property Description

Two-level penthouse residences at Tangerine Bay Club are rarely available, and this south-facing corner offering sets a new benchmark for waterfront living. Recently reimagined, this nearly 3,000-square-foot residence captures expansive views of Sarasota Bay, the downtown skyline, and protected mangrove preserves, all while offering exceptional privacy. With two generous terraces, a private courtyard entry, and a private two-car garage, the layout lives with the ease and separation of a single-family home.
The interior blends coastal sophistication with thoughtful upgrades throughout. An open-concept living space features vaulted ceilings, a skylight, gas fireplace, and a custom entertainment wall, while walls of glass frame the bay and open to outdoor terraces for seamless indoor-outdoor living. Impact-rated Andersen windows, motorized storm shutters, custom LED lighting, and California Closets elevate both comfort and functionality.
The gourmet kitchen anchors the main living level and is designed for both daily use and entertaining. Finishes include honed marble countertops, a leathered-stone island, custom cabinetry by Campbell Cabinetry Designs, and chef-caliber appliances. Highlights include a La Cornue dual-fuel range with French plate, Flamberge rotisserie oven, galley sink, wine cooler, and Sub-Zero beverage drawers. A breakfast nook and formal dining area provide flexible gathering spaces.
The primary suite is privately positioned in the east wing, offering terrace access, custom wardrobe systems, and a spa-inspired bath with quartz surfaces, freestanding soaking tub, dual vanities, and a walk-in steam shower. A second bedroom with nearby full bath is currently styled as a den. Upstairs, a lofted lounge with built-ins and a third en-suite bedroom create an ideal guest retreat or work-from-home environment.
Tangerine Bay Club is a resort-style Longboat Key community known for Mediterranean architecture, mature landscaping, and an active social atmosphere. Amenities include a 25-meter heated pool and spa on a private island, tennis and pickleball courts, fitness center, kayak launch, walking paths, and a day dock available on a first-come basis. Optional membership to the Bay Isles Beach Club offers deeded access to a private stretch of Gulf-front beach.
Ideally located on the south end of Longboat Key, this residence is moments from the Longboat Key Club, Harbourside Golf Course and Marina, and popular waterfront dining. St. Armands Circle's boutiques and restaurants are minutes away, with downtown Sarasota's arts, theaters, galleries, and marina district just beyond--delivering a refined island lifestyle with effortless access to the region's best amenities.

Overview

Property Status
For Sale
Lot Size
10.95 Acres
MLS ID
A4677173
Property Type
Condo
Year Built
1991

Features & Amenities

Total Area
3,810 Sq.Ft.
Neighborhood
Longboat Key
Architecture Styles
Custom, Elevated, Mediterranean
Water Frontage
Bay/Harbor
View Description
City, Water
Stories
4
Garage Spaces
2.0
Water Source
Public
Utilites
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
Pool
Deck, Gunite, Heated, In Ground, Lighting, Outside Bath Access
Roof
Tile
Lot Features
Flood Insurance Required, Flood Zone, In County, Landscaped, Near Golf Course, Near Marina, Oversized Lot, Private, Sidewalk
Parking
Deeded, Garage Door Opener, Ground Level, Guest, Basement
Heat Type
Central, Electric, Heat Pump, Zoned
Air Conditioning
Central Air, Zoned
Other Interior Features
Built-in Features, Cathedral Ceiling(s), Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Sewer
Public Sewer
Substructure
Stilt/On Piling
HOA Amenities
Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
Security Features
Fire Sprinkler System, Gated Community, Secured Garage/Parking, Security Gate, Smoke Detector(s)
Other Exterior Features
Balcony, Courtyard, Hurricane Shutters, Lighting, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
Sales Price
$3,195,000
Real Estate Tax
$22,280/yr
HOA
$3,100/mo
Zoning
MUC2

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340 GULF OF MEXICO DR #136

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340 GULF OF MEXICO DR #136

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