Active
$1,044,000
Est. $6,912/mo

380 Gulf Of Mexico Dr #515, Longboat Key, FL, 34228

$439/sqft·Tangerine Bay Club

3 bd3 ba2,380 sqft2 car garageCondominium
Listed by COLDWELL BANKER REALTY· Last updated · MLS# A4683391

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Est. monthly payment
$6,912/mo
Down payment (20%)
$208,800
Property taxes
$945/mo
Rate assumed
6.8% · 30 yr
View full breakdown

At a glance

Condo
4 stories · 1994
Waterfront
Bay/Harbor
Community pool
Fitness center too
2 car garage
Assigned
2,380 sqft
Living area

About this home

Built-in FeaturesCeiling Fans(s)Kitchen/Family Room ComboLiving Room/Dining Room ComboWalk-in Closet(s)Wet BarHurricane ShuttersLighting

380 Gulf Of Mexico Dr #515 is a 1994-built home in Tangerine Bay Club, Longboat Key. Inside you'll find 3 bedrooms, 3 bathrooms, and 2,380 square feet of living space. Listed at $1,044,000 (about $439/sqft), 172 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

One or more photo(s) has been virtually staged. 2BD+DEN! GAS COOKTOP AND GAS LINE FOR PRIVATE GRILL! PRIVATE 2-CAR GARAGE! 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(with murphy bed)/2.5bath/2-car 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 impact windows and doors, 2024 remote roll-down bayfront 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.

The essentials

Built
1994
Price / sqft
$439
On market
203 days
Annual tax
$11,342
Flood zone
AE
Type
Condominium

Location

380 Gulf Of Mexico Dr #515
Longboat Key, FL, 34228·34228 - Longboat Key
Type
Condominium
Year Built
1994
Lot
-
Cooling
Central Air
Heating
Central, Heat Pump
Parking
Assigned, Garage Door Opener, Garage Faces Side, Ground Level, Basement
Waterfront
Bay/Harbor
Days on Market
203
Built-in Features
Ceiling Fans(s)
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Walk-in Closet(s)
Wet Bar
Hurricane Shutters
Lighting
Private Entrance
Rain Gutters
Sliding Doors
Storage
Tennis Court(s)
Association Recreation - Owned
Buyer Approval Required
Clubhouse
Deed Restrictions
Fitness Center
Gated Community - No Guard
Irrigation-reclaimed Water
Pool
Sidewalks
Built-in Oven
Cooktop
Dishwasher
Disposal
Dryer
Microwave
Refrigerator
Washer
Water Filtration System
Homestead exemption on fileFlood Zone AE

Annual Tax (2025)

$11,342

Parcel #

0012051129

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Tangerine Bay Club

County

Sarasota

MLS Area

34228 - Longboat Key

Lot Size

-

Date
Event
Price
8/11/2026
Price change
Source: Stellar MLS #A4683391
$1,044,000-0.5%
$439/sqft
Price change
Source: Stellar MLS #A4683391
$1,049,000-16.1%
$441/sqft
2/20/2026
Listed for sale
Source: Stellar MLS #A4683391
$1,250,000
$525/sqft
Est. monthly payment$6,912/mo
Principal & interest$5,445
Property taxes$945
Insurance$522
Down payment20% · $208,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $1,044,000
$990,000 – $1.04M
94.4% – 100% of listTops out right at the list price
80% of listList price
57 of the last 112 condo closings in 34228 landed at this number or higher (51%). The median one sat 88 days before it went under contract, and this one is on day 203 after a $206,000 cut.

Sample: 112 closed condo sales in 34228 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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