Fairway Bay is located on the island of Longboat Key, which is just west of Sarasota, and located on the Gulf of Mexico. Fairway Bay (referred to as Fairway Bay 1) is at the south end of Fairway Bay and consists of two mid-rise buildings and fourtenn townhouse buildings. Fairway Bay II is just north of Fairway Bay and consists of two mid-rise buildings and six townhouse buildings. Fairway Bay III is just north of Fairway Bay II and consists of two mid-rise buildings.