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380 GULF OF MEXICO DRIVE UNIT 515

Condo/Co-op Active With Contract
$1,044,000

BTC: 12.57831325

ETH: 429.27631579

-$206K (2026/08/11)
220 days
Waterfront
3 bds
2 ba
2,380 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
Assigned / Garage Door Opener / Garage Faces Side / Ground Level / Under Building
Year Built:
1994
Lot:
No Data
Heating:
Central / Heat Pump
Price/sqft:
$439
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,795,000
$1.1M – $2.3M
Confidence Low
List vs. estimate
$751K below estimate
List $1,044,000 · -41.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$438
-29.1% vs. city median $619
Based on
33 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,342
2025
Pool
Gunite
View
Water
Waterfront
Bay/Harbor Front, Waterfront
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Granite

    • Hardwood

    Heating

    • Central

    • Heat Pump

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    • Water Filtration System

    Other interior features

    • Built-in Features

    • Ceiling Fan(s)

    • Kitchen/Family Room Combo

    • Living Room/Dining Room Combo

    • Skylight(s)

    • Walk-In Closet(s)

    • Wet Bar

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Garage Door Opener

    • Garage Faces Side

    • Ground Level

    • Under Building

    Property

    • Levels: One

    • Exterior Features: Hurricane Shutters / Irrigation System / Lighting / Private Entrance / Rain Gutters / Sliding Doors / Storage / Tennis Court(s)

    Other Property Information

    • Parcel Number: 0012051129

    • Zoning: MUC2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Natural Gas Connected

    • Public

  • Other financial information

    • Annual tax amount: $11,342

  • Source details

    • MLS ID: A4683391

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Room

    • Pool Features: Gunite / Heated / In Ground / Lap / Lighting / Outside Bath Access

    • Window Features: Drapes / Shutters / Storm Window(s)

    • Direction Faces: East

    • Waterfront: Yes

    • Water Body Name: SARASOTA BAY

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2380

    • Water Source: Public

    • Subdivision Name: TANGERINE BAY CLUB

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER REALTY