360 Gulf Of Mexico Drive, FL

$1,795,000

360 Gulf Of Mexico Drive

Longboat Key, FL 34228

Active
3
Beds
4
Baths
2,581
Sq Ft
0
Acres
1992
Built
WaterfrontWater accessFireplace$695/sqft
Condominium

Property type

1992

Year built

$695

Price / sq ft

$50/mo

HOA dues

4

Days on market

2

Garage spaces

AE

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

Principal & interest$9,076
Property taxes$855
Home insurance (est.)$823
HOA dues$50

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

  1. Status: Active
    Apr 20, 2026
  2. Listed$1,800,000
    Jan 16, 2026
  3. 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

ElementarySouthside ElementaryGreatSchools ↗
MiddleBooker MiddleGreatSchools ↗
High SchoolBooker HighGreatSchools ↗

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

RoomLevelDimensions
Great RoomFirst16.5x34
KitchenFirst12x26
Primary BedroomFirst13x20
Primary BathroomFirst10x13
Bedroom 2First11.5x15
Bathroom 2First5x9
Bedroom 3Second15x16.66
Bathroom 3Second4.5x9
Bathroom 4First4.5x5.5
OfficeSecond8x16
LaundryFirst6x8

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

High riskFEMA Zone AEPanel 12115C0129G

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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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 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.

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