tomo logo

$2,395,000

Beds
2
Baths
2.5
sq ft
2,298

340 Gulf Of Mexico Dr Unit 115, Longboat Key, FL 34228

340 Gulf Of Mexico Dr Unit 115

LONGBOAT KEY, FL 34228

  • 21 days on market
This direct bayfront luxury condo was gutted and remodeled completion taking place in 2024.The open concept living spaces are light and bright with level 5 finish on walls and ceilings incorporating modern design concepts on the baseboards and moldings.Highlights include LVT throughout, custom cabinetry, quartz counters, unique marble and mother-of-pearl mosaics, California Closet and LED lighting giving a sleek esthetic look. The condo is neighbored by the conservation preserve giving a quiet sanctuary with unobstructed views of Sarasota Bay and the city lights. The oversized attached two car garage has ample room for storage or a workshop. Located at The Tangerine Bay Club on the southernmost tip of Longboat Key, it is within easy walking distance to St. Armand Circle, Longboat Key Club, restaurants and marina.

Details

Property type

Condominium

Est. home value

$1,721,956

Lot size

10.95 acres

Price per sq ft

$1,043

Year built

1991

Annual property taxes

$16,082.18

HOA

Yes

Price History

03/10/2025
StellarMLS

StellarMLS #A4643665

Listed
$2,395,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wells Fargo Home Mortgage Inc

Loan start date

August 2002

Original loan amount

$438,750

Est. remaining balance

Not provided

Interest rate

6.54%

Loan type

New Conventional

Seller

Carol Scarbrough

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 6:05 PM

Listing updated: 03/11/2025 at 6:58 AM

Listed by: Reid Murphy, DEVELOPERS REALTY LBK, INC Phone #: (941) 799-9096

MLS: StellarMLS #A4643665

StellarMLS logo

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