340 Gulf Of Mexico Drive, FL
Stellar MLS

$2,345,000

340 Gulf Of Mexico Drive

Longboat Key, FL 34228

Listing updated: June 3, 2026 at 11:40 AM ET

Active
3
Beds
3
Baths
2,314
Sq Ft
10.95
Acres
1991
Built
WaterfrontWater accessPrivate poolFireplace10.95 acres$1,013/sqft360° tour
Condominium

Property type

1991

Year built

477,011 sqft

Lot size

$1,013

Price / sq ft

$3,033/mo

HOA dues

176

Days on market

2

Garage spaces

Ae

Flood zone

About this home

Your Longboat Key oasis awaits! This totally renovated 3bdrm 2.5 bath condo offers a open concept living space with high ceilings and walls of glass allowing sweeping views os Sarasota Bay. Light and bright material selections mix modern luxury with a coastal theme. The gourmet kitchen features white soft close custom cabinetry, sleek glass doors, quartz countertops, mother of pearl backsplashes and new stainless steel appliances. The open and inviting great room/dining room features separate wine coolers for varieties, a bar with open glass shelves and a cozy linear gas fireplace. The primary retreat offers luxury and seclusion with sliding doors onto the bay front lanai: a perfect place to watch the sunrise over the Sarasota skyline and enjoy playful dolphins and soaring seabirds. There is abundant walk in closet space customized by California Closets. The bath features a stand alone soaking tub and marble spa shower.custom cabinets, make up vanity, dual sinks and sparkling chandeliers complete the carefully curated mix of luxury and livability. The en suite guest bedroom features an open spa shower affording vacation style comfort to your guests. The third bedroom/office includes a wall of glass with retractable shade allowing for versatility of use. Notable home features include fine detail is such as wide plank LVT flooring throughout, 8’ solid mahogany doors with Emtek hardware, level five drywall finish, custom trim and millworker, LED recessed lighting, designer chandeliers, new high impact hurricane windows and sliders, and electric hurricane shutters throughout for peace of mind. Unique amenities include an attached oversized two car garage, an expanded courtyard off the kitchen with a seating area and your OWN gas grill. Residents have exclusive access to the Bay Isles Beach Club as well as on site amenities including a resort style pool, tennis, pickleball, exercise room, kayak SUP launch, and fishing dock. Perfectly situated in the southern most bayfront location on Longboat Key next to Quick Point Preserve, it is an easy walk to marina, restaurants,St. Armand’s and the LBK Club

Estimated monthly payment

Principal & interest$11,858
Property taxes$1,340
Home insurance (est.)$1,075
HOA dues$3,033

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history176 days on market

  1. Status: Active
    Dec 9, 2025
  2. Listed$2,395,000
    Dec 9, 2025
  3. Price reduced$2,345,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
176
Subdivision
Tangerine Bay Club
County
Sarasota
Year built
1991
Living area
2,314 sq ft
Price/sq ft
$1,013
Building area
2,687 sq ft (Owner)
Lot size
477,011 sq ft
Lot category
10 to less than 20
Flood zone
Ae
Garage
2 spaces
Pool
Private pool
Annual taxes
$16,082 (2024)
Parcel #
0012051011
Zoning
MUC2
MLS #
A4674650

Ask about this home

Have a question? Ask the broker directly.

Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.

Your question is private and goes only to Ryan — it is never published on this page.

Interior Details

Bedrooms
3
Full bathrooms
2
Half bathrooms
1
Flooring
Ceramic Tile, Hardwood
Appliances
Convection Oven, Cooktop, Dishwasher, Disposal, Ice Maker
Interior features
Ceiling Fans(s)
Laundry
Laundry Room
Stories / Levels
One
Direction faces
East
Fireplace
Yes

Heating & Cooling

Heating
Central
Cooling
Central Air

Parking

Garage spaces
2
Attached garage
Yes

HOA & Financial

HOA fee
$9,100 / Quarterly
Monthly HOA
$3,033/mo
Total monthly fees
$3,033/mo
Total annual fees
$36,400
HOA name
David Daley
CDD
No
Homestead exemption
Yes
Min lease term
3 Months
Listing terms
Cash, Conventional
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
See Docs
Approval process
See Docs

Exterior & Construction

Exterior features
Balcony
Construction materials
Block
Roof
Other
Foundation
Block, Slab
Pool
Private pool
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Connected, Electricity Connected

Community

Pets allowed
Cats OK, Dogs OK

Room Details

RoomLevelDimensions
Primary BedroomFirst13x21
Bedroom 2First11x15
Bedroom 3First12x13
LaundryFirst6x6
KitchenFirst12x27
Great RoomFirst17x31

Listing Details

Listing date
2025-12-08
On market date
2025-12-09
Original list price
$2,395,000
Occupant type
Owner
MLS area
34228 - Longboat Key
Listing AOR
Sarasota - Manatee
Status changed
2025-12-09
Tax legal description
UNIT 115 BLDG 1B TANGERINE BAY CLUB PHASE 1

Flood risk

High riskFEMA Zone AE

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

First condo on east side as you go over south bridge

More homes like this

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively 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.

Based on information submitted to the MLS GRID as of June 3, 2026 at 11:40 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA