350 Gulf Of Mexico DRIVE, #211, Longboat Key, FL, 34228 | $1,078,000

Welcome to Tangerine Bay Club, a gated, resort-style community located on the desirable south end of Longboat Key! This impeccably maintained 2, 400 sq. ft. end-unit residence offers a lush, tropical view of Sarasota Bay. Nestled in one of the most sought-after locations on the Key, the home combines safety, having weathered the last two hurricanes unscathed, with unbeatable proximity to St. Armands Circle, downtown Sarasota (just 4 miles away), and Steps to the Dry Dock Marina and Restaurant.
This residence includes a private oversized two-car garage and the rare convenience of a natural gas BBQ hookup on your front patio. The thoughtfully designed floor plan features multiple patio access points, allowing for morning and afternoon sun enjoyment.
Tangerine Bay Club offers a resort-like experience with exceptional amenities: Private access to the Bay Isles Beach Club (just $250 annually, a25-meter freeform heated pool with lap lane, heated spa, tennis and regulation-size pickleball courts, clubhouse with fitness center, vibrant social activities, including group happy hours, pickleball games, and organized excursions to local cultural events.
Additionally, enjoy a freshly renovated boat dock, two kayak launches, a fishing pier, and prime fishing opportunities right on Sarasota Bay. The property also boasts scenic nature walks between Sarasota Bay and the Quick Point Nature Preserve. Longboat Key is one of the top destinations for golf, tennis, fine dining, boating, and world-class fishing enthusiasts. Tangerine Bay Club’s management ensures a carefree lifestyle with no current assessments. Major capital projects—such as building painting and waterproofing, elevator rebuilds, 2024 roof replacements, and exterior tile walkway updates—have all been fully funded without special assessments. Milestone inspections have been completed with no issues.
With its monitored gated entry, pet-friendly policies, and exceptional management, a day dock for fishing or your vessel, Tangerine Bay Club offers the ultimate blend of luxury, convenience, and peace of mind.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air, Zoned
  • Levels: 3
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Room
  • Complex: TANGERINE BAY CLUB
  • Year Built: 1992
  • Approx Sq. Feet: 2,394
  • Est. Taxes: $8,686
  • Condo Fee: $8,900 Quarterly
  • Pet Policy: Dogs OK
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer
  • MLS#: A4631774
  • Days on Market: 0 day
  • Website: https://www.raveis.com
    /prop/A4631774/350gulfofmexicodrive_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 12/18/2024 10:03:47 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-366-8070

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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350 Gulf Of Mexico DRIVE, #211, Longboat Key, FL, 34228

$1,078,000

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 $862,400 $862,400 $862,400
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.500% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.606% 6.622% 6.680%
Monthly Tax Payment $724 $724 $724
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,594 $5,451 $7,512
Total Monthly Payment $6,443 $6,300 $8,361

* 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.