$1,150,000
380 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
One or more photo(s) has been virtually staged. 2BD+DEN! Positioned as the southern-most community on Longboat Keys’ Gulf of Mexico Drive is the stunning Tangerine Bay. Its presence of pristinely manicured tropical color admired by all that enter the Key. Within this gated community lies #515- horizontal to Sarasota’s bayfront experiencing views that span across blue waters abundant with active sea-life. This 2bd/Den/2.5bath/2-car private garage home, with excellent wall space for displaying your finest art collection, extends over 2,300 square feet of living space. Courtyard entry, equipped with gas hook-up for your own grill, offers slider access into the kitchen/ family room area which is perfect for a different entertaining perspective since the courtyard is large enough to also accommodate table and chairs. Of course, the coveted place to dwell will be the grand living/ dining area and balcony to experience morning sun over the calming waters or the miracle of all the hues the sky can offer as the sun begins to set behind you. Large primary en-suite enjoys the water view and slider access to the balcony, considerably sized walk-in closet and super-spacious bathroom to create the spa-like atmosphere of your dreams. #515 will not disappoint with the generous kitchen, kitchen water filtration, split floorplan, updated windows and doors, 2024 remote roll-down hurricane shutters, 2023 A/C, 2026 water heater, roof and sprinkler heads replaced approx. three years ago. With a spanning lap pool, meandering lush lounging areas, spa, fishing/day dock, tennis/ pickleball, fitness center and clubhouse- Tangerine Bay is poised for pleasure to all who get to call it home. For a small annual fee, owners can also become members of the Bay Isles Beach Club.
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 history70 days on market
- Status: ActiveFeb 20, 2026
- Listed$1,250,000Feb 20, 2026
- Price reduced$1,150,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 70
- Subdivision
- Tangerine Bay Club
- County
- Sarasota
- Year built
- 1994
- Living area
- 2,380 sq ft
- Price/sq ft
- $483
- Building area
- 2,700 sq ft (Public Records)
- Lot size
- 0 sq ft
- Flood zone
- AE (12115C0129G)
- Garage
- 2 spaces
- Annual taxes
- $11,342 (2025)
- Parcel #
- 0012051129
- Zoning
- MUC2
- MLS #
- A4683391
Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Half bathrooms
- 1
- Flooring
- Ceramic Tile, Granite, Wood
- Appliances
- Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Filtration System
- Interior features
- Built-in Features, Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Walk-In Closet(s), Wet Bar
- Laundry
- Inside, Laundry Room
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central, Heat Pump
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
- Parking features
- Assigned, Garage Door Opener, Garage Faces Side, Ground Level, Basement
HOA & Financial
- Total monthly fees
- $3,100/mo
- Total annual fees
- $37,200
- HOA name
- MICHAEL CANACARI OR KATHY
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 2 Months
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- SEE RULES AND APPLICATION FOR FULL DETAILS
- Approval process
- APPLICATION. FEE. BACKGROUND. SEE RULES AND APPLICATION FOR FULL DETAILS
Exterior & Construction
- Exterior features
- Hurricane Shutters, Lighting, Private Entrance, Rain Gutters, Sliding Doors, Storage, Tennis Court(s)
- Construction materials
- Block, Stucco
- Roof
- Membrane, Tile
- Foundation
- Slab
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Natural Gas Connected, Public
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | |
| Kitchen | First | |
| Primary Bedroom | First | |
| Dining Room | First | |
| Office | First | |
| Family Room | First |
Listing Details
- Listing date
- 2026-02-20
- On market date
- 2026-02-20
- Original list price
- $1,250,000
- Occupant type
- Vacant
- MLS area
- 34228 - Longboat Key
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-02-20
- Tax legal description
- UNIT 515 BLDG 5B TANGERINE BAY CLUB PH 2
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
NORTH ON GULF OF MEXICO DR FROM SOUTH LBK BRIDGE. RIGHT INTO 1ST COMMUNITY ON RIGHT- TANGERINE BAY. LEFT AFTER GATE TO FRONT BUILDINGS. LOOKING TOWARDS BAY, IT IS THE RIGHT FRONT BUILDING 5B
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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 May 1, 2026 at 10:37 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.
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