$1,795,000
360 Gulf Of Mexico Drive
Longboat Key, FL 34228
Property type
Year built
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Welcome to this rarely available corner penthouse with its stunning bayfront views artfully framed by the freshly landscaped tropical oasis surrounding the resort-style pool. Boasting nearly 2600 square feet of interior space on two levels, this serene sanctuary offers three terraces plus 3 bedrooms and 3.5 baths (3045 square feet in total). A private courtyard sets the stage for a gracious residence with a warm European feel that lives like a single family home. Relaxed open spaces beckon with soaring ceilings, extra windows in the kitchen and great room (available only in end units), and a gas fireplace. The kitchen features a morning room with built-in desk and an aquarium window over the sink. Sliding glass doors seamlessly connect indoor and outdoor spaces. Mahogany double doors open into the primary suite with its patio access overlooking the bay and lush landscaping, volume ceilings, acacia wood flooring, walk-in and built-in closets and recently renovated luxurious bath. An additional guest bedroom (currently used as a den) with ensuite bath, laundry room and powder room complete the first level. On the second level a spacious third bedroom, office with built-in desk, shelving and storage, and full bath provide additional accommodations for family and friends. The home offers impact windows, plus storm shutters on larger windows for added protection. Enjoy the resort style amenities of Tangerine Bay Club, including a lagoon pool with waterfalls, lap lane and spa, day dock, fishing, kayak launch, tennis and pickleball courts, fitness center, clubhouse, walking paths and tropical landscaping. An oversized garage provides ample space for sports equipment and storage. Owners may join the newly remodeled Bay Isles Beach Club providing access to the Gulf of Mexico for a modest annual fee. Located on Longboat's south end, this gated community is just minutes from the new St. Regis resort and St. Armand's Circle with its shops and fine dining. A short drive over the Ringling Bridge brings the vibrant culture and renowned arts of downtown Sarasota. Optional membership in the Longboat Key Club across the street from TBC offers 45 holes of award winning golf, fine dining and a marina. Come see why Tangerine Bay Club is one of Longboat's most sought after communities and why Forbes named Longboat Key one of the top 25 destinations in 2025.
Estimated monthly payment
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 history4 days on market
- Status: ActiveApr 20, 2026
- Listed$1,800,000Jan 16, 2026
- Price reduced$1,795,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 4
- Subdivision
- Tangerine Bay Club
- County
- Sarasota
- Year built
- 1992
- Living area
- 2,581 sq ft
- Price/sq ft
- $695
- Building area
- 3,045 sq ft (Public Records)
- Lot size
- 0 sq ft
- Lot category
- Non-Applicable
- Flood zone
- AE (12115C0129G)
- Garage
- 2 spaces
- Annual taxes
- $10,264 (2025)
- Parcel #
- 0012051054
- Zoning
- MUC2
- MLS #
- A4675387
Interior Details
- Bedrooms
- 3
- Full bathrooms
- 3
- Half bathrooms
- 1
- Flooring
- Hardwood, Tile
- Appliances
- Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Ice Maker, Refrigerator, Washer
- Interior features
- Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
- Laundry
- Inside, Laundry Room
- Stories / Levels
- Two
- Direction faces
- West
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- No
- Parking features
- Oversized, Basement
HOA & Financial
- HOA fee
- $600 / Annually
- Monthly HOA
- $50/mo
- Total monthly fees
- $3,150/mo
- Total annual fees
- $37,800
- HOA name
- Michael Canacari
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 2 Months
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Approval Required; see condo documents for restrictions
- Approval process
- Application required; see condo documents
Exterior & Construction
- Exterior features
- Balcony, Courtyard, Hurricane Shutters, Lighting, Sidewalk, Sliding Doors, Tennis Court(s)
- Construction materials
- Block, Stucco
- Roof
- Tile
- Foundation
- Block, Stilt/On Piling
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Community
- Pets allowed
- Size Limit
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Great Room | First | 16.5x34 |
| Kitchen | First | 12x26 |
| Primary Bedroom | First | 13x20 |
| Primary Bathroom | First | 10x13 |
| Bedroom 2 | First | 11.5x15 |
| Bathroom 2 | First | 5x9 |
| Bedroom 3 | Second | 15x16.66 |
| Bathroom 3 | Second | 4.5x9 |
| Bathroom 4 | First | 4.5x5.5 |
| Office | Second | 8x16 |
| Laundry | First | 6x8 |
Listing Details
- Listing date
- 2026-01-12
- On market date
- 2026-01-16
- Original list price
- $1,800,000
- Occupant type
- Owner
- MLS area
- 34228 - Longboat Key
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-04-20
- Tax legal description
- UNIT 333 BLDG 3 TANGERINE BAY CLUB PHASE 1
Flood risk
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
From downtown Sarasota, take Ringling Causeway Bridge west to St. Armand's Circle. Drive north on Gulf of Mexico Drive to Longboat Key. Go past Longboat Club Rd intersection. Tangerine Bay Club is the first community on the right hand side. Turn left after guard gate. Building 360 is the first building on the right. Take elevator to floor three and go right off the elevator to the end.
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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 April 21, 2026 at 1:07 PM 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.
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