340 GULF OF MEXICO DRIVE, #126, Longboat Key, FL, 34228 | $2,100,000

Under contract-accepting backup offers. Rare Southwest Bayfront corner Residence at Tangerine Bay is now available!. Experience resort-style living in this very private, directly Bayfront corner home with three terraces. Nestled in a gated sanctuary on Longboat Key, this impeccably maintained residence offers over 2, 300 square feet of refined living space with breathtaking views of Sarasota Bay and Downtown Sarasota. You’ll want to spend most of your time enjoying the panorama from every terrace, soaking in the natural light that fills the open-concept layout, and admiring the wood flooring and cozy fireplace. The eat-in kitchen overlooks a private courtyard garden and features sleek, custom cabinetry, granite countertops, newer stainless steel appliances, a natural gas cooktop, and a walk-in pantry. The primary suite is a serene retreat, presenting exquisite bay views, sunrise terrace access, high ceilings, a walk-in closet, and a renovated en-suite bath. The guest suite and den/3rd bedroom are thoughtfully positioned for privacy, ensuring tranquil spaces for everyone. Indulge in indoor-outdoor living at its finest with multiple terraces ideal for morning coffee, sunrises, and sunsets, as well as listening to birds greet the day. On the sunset terrace, you can enjoy wine and cook dinner on the natural gas barbecue while watching the sunset. Tangerine Bay offers a range of amenities to complement this luxurious lifestyle. A heated saltwater pool with a lap lane and spa invites relaxation, while tennis and pickleball courts offer recreation. Stay active in the on-site fitness center, and join neighbors for social activities at the clubhouse, all set along a scenic half-mile walking trail. The community also features a newly renovated day boat dock, two kayak launches, and a fishing pier, making it easy to explore the waterways right from your doorstep. This corner residence combines luxury, privacy, and resort-style living with the beauty of Longboat Key. If you’re seeking a serene sanctuary with extraordinary Bayfront views this is a WOW home --a rare find --and ready instant enjoyment to create everlasting new memories.

Features

  • Elevator: Y
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned
  • Levels: 1
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Pickleball Court(s)
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Laundry: Gas Dryer Hookup, Inside, Laundry Room
  • Complex: TANGERINE BAY CLUB
  • Year Built: 1991
  • Approx Sq. Feet: 2,274
  • Acreage: 10.95
  • Est. Taxes: $12,050
  • Condo Fee: $9,450 Quarterly
  • Lot Desc: Corner Lot, Cul-De-Sac, City Lot, Landscaped, Street Dead-End
  • View: City, Water
  • Elem. School: Southside Elementary
  • Middle School: Brookside Middle
  • High School: Booker High
  • Pet Policy: Dogs OK, Number Limit, Size Limit
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • MLS#: A4670287
  • Days on Market: 32 days
  • Website: https://www.raveis.com
    /prop/A4670287/340gulfofmexicodrive_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 1/14/2026 7:02:13 AM)
Listing courtesy of Coldwell Banker Realty   Phone: 941-366-8070

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

340 GULF OF MEXICO DRIVE, #126, Longboat Key, FL, 34228

$2,100,000

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 $1,680,000 $1,680,000 $1,680,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.229% 6.121% 6.018%
Monthly Tax Payment $1,004 $1,004 $1,004
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,539 $10,072 $14,064
Total Monthly Payment $10,668 $11,201 $15,193

* 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.