380 Gulf Of Mexico DRIVE, #513, Longboat Key, FL, 34228 | $1,695,000

Discover the epitome of Longboat Key living at Tangerine Bay Club, where panoramic bay vistas welcome you to a life of luxury. Nestled within south Longboat Key’s Tangerine Bay Club, this residence redefines waterfront living, blending the charm of private courtyard entries reminiscent of single-family homes with the allure of wonderful amenities. With nearly 2, 500 square feet of thoughtfully designed space, this three-bedroom sanctuary boasts an open-concept layout, a bayfront terrace, and a private two-car garage. Walls of expansive mostly new impact windows and sliders (most recently replaced in 2018 & 2019) bathe the first-floor residence in radiant natural light, offering captivating bay panoramas at every turn. The heart of the home unfolds seamlessly from the living/dining room to the inviting eat-in kitchen and family room. This spacious delectable space features tasteful cabinetry in soothing neutral hues, a farmhouse sink, generous island for casual dining, walk-in pantry, and a charming dining nook overlooking the family room. Retreat to the secluded master suite, a private sanctuary offering direct access to the bayfront terrace, a walk-in closet, and en-suite bathroom. For overnight guests, a well-appointed guest bedroom suite awaits just down the hall, as well as a second guest bedroom currently serving as an office, both located on the west side of the residence, providing versatile living spaces to suit your needs. Residents of Tangerine Bay Club have the option to enhance their lifestyle with membership to the prestigious BAY ISLES BEACH CLUB, offering exclusive access to pristine Gulf shores for an additional fee and with a completed/approved application. Situated on Longboat Key's southern tip, Tangerine Bay Club enjoys a prime location within walking distance of the renowned Longboat Key Club, Drydock Waterfront Grill, and Chart House. The Mediterranean-inspired architecture and lush landscaping create a tranquil tropical retreat in the heart of it all. Experience an array of exceptional amenities, including a resort-style pool island boasting a 25-meter heated swimming pool and a 100-square-foot spa, a half-mile walking trail, tennis and pickleball courts, a vibrant community offering lively activities, fitness center, kayak launch, and a day dock available on a first-come basis.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 4
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Spa/Hot Tub, Tennis Court(s), Trail(s), Vehicle Restrictions
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Room
  • Complex: TANGERINE BAY CLUB
  • Year Built: 1994
  • Approx Sq. Feet: 2,490
  • Est. Taxes: $9,906
  • Condo Fee: $8,700 Quarterly
  • Lot Desc: Flood Insurance Required, FloodZone, In County, Landscaped, Near Golf Course, Near Marina, Oversized Lot, Private
  • View: Water
  • Pet Policy: Breed Restrictions, Number Limit, Size Limit, Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • MLS#: A4608690
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/A4608690/380gulfofmexicodrive_longboatkey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/16/2024 4:29:12 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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380 Gulf Of Mexico DRIVE, #513, Longboat Key, FL, 34228

$1,695,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,356,000 $1,356,000 $1,356,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.799% 6.876% 6.850%
Monthly Tax Payment $826 $826 $826
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,022 $8,795 $11,906
Total Monthly Payment $9,973 $9,746 $12,857

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.