NOT LISTED FOR SALE

535 Sanctuary Dr Unit A201 Longboat Key, FL 34228

Estimated Value: $2,326,000 - $2,946,000

3 Beds
3.5 Baths
3,115 Sq Ft
$2,768/mo HOA Fee

Last Sold January 31, 2024

Last sale price $2,600,000 $835 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $18,509/month

Highlights

  • 1,200 Feet of Public Beach Waterfront
  • On Golf Course
  • Fitness Center
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Heated In Ground Pool

About This Home

As of January 2024

Sold Data Entry Only

Last Agent to Sell the Property

Stellar Non-Member Agent

Stellar Non-Member Office Listed on: 01/31/2024

Stellar Non-Member Office

Last Buyer's Agent

Michael Renick

MANGROVE REALTY ASSOCIATES License #3241900

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,073

Year Built

  • Built in 1990

Lot Details

  • 1,200 Feet of Public Beach Waterfront
  • On Golf Course
  • Northwest Facing Home
  • Masonry wall
  • Wood Fence
  • Mature Landscaping
  • Metered Sprinkler System

HOA Fees

  • $2,768 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Circular Driveway
  • Guest Parking
  • Assigned Parking

Property Views

  • Partial Bay or Harbor
  • Golf Course
  • Woods
  • Garden
  • Pool
  • Tennis Court

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Concrete Roof
  • Block Exterior

Interior Spaces

  • 3,115 Sq Ft Home
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Spa
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Wrap Around Porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Property is near public transit
  • Property is near a golf course

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0011083008

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, security, sewer, trash, water
  • Visit Association Website
  • Sanctuary Association
  • Sanctuary Community
  • Sanctuary IV Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • 7-Story Property

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 30 lbs
  • 1 Pet Allowed

Additional Features

  • Fire and Smoke Detector
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,073

Year Built

Built in 1990

Lot Details

0

HOA Fees

$2,768 per month

Parking

1

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3115
  • Lot Size Acres: 0.91
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 3115
  • Lot Size Sq Ft: 39511
  • Directions to Property: Gulf of Mexico Dr to Longboat Club Rd, through Longboat Key Club's guard gate. Sanctuary is on the left. Through guard gate
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Floor Number: 2
  • List Office Head Office Key Nume: 1051524
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 834.67
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit,Elevated,High Rise
  • Water Frontage Feet Beach: 1200
  • MFR_InLawSuiteYN: 0
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Elevator, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Stories: 7
  • Window Features: Drapes, Window Treatments
  • Street Number Modifier: 535
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Inside Utility,Storage Rooms
  • Living Area Meters: 289.39
  • Room Count: 7

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Storage, Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground, Lighting
  • Exterior Features: Balcony, Irrigation System, Lighting, Other, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors, Sprinkler Metered, Storage, Tennis Court(s)
  • Roof: Concrete
  • Pool Private: Yes
  • View: Garden, Golf Course, Pool, Tennis Court, Trees/Woods, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: No
  • Patio and Porch Features: Covered, Wrap Around
  • Road Surface Type: Asphalt
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 1200
  • Flood Zone Date: 2016-11-04

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Covered, Driveway, Guest

Utilities

  • Utilities: Cable Connected, Electricity Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Golf Carts OK, Golf, Pool, Tennis Courts
  • Association Amenities: Elevator(s), Fitness Center, Pool, Tennis Court(s)
  • Association: No
  • Security: Fire Alarm
  • Senior Community: No
  • Association: Sanctuary
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Pet Restrictions: See Rules and Regulations
  • Building Name Number: SANCTUARY IV
  • Condo Fees: 8303
  • Condo Land Included YN: 0
  • Max Pet Weight: 30
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 2768
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: www.lbksanctuary.com

Fee Information

  • Total Annual Fees: 33212.00
  • Total Monthly Fees: 2767.67

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: MUC2
  • Parcel Number: 0011083008
  • Additional Parcels: No
  • Fencing: Fenced, Masonry, Other, Wood
  • Lot Features: CoastalConstruction Control Line, City Limits, Near Golf Course, Near Public Transit, On Golf Course, Sidewalk, Paved, Private
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 3671
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Lease Restrictions

Tax Info

  • Tax Annual Amount: 26073
  • Tax Book Number: 28-48
  • Tax Lot: 0

Multi Family

  • Approval Process: See Approval Process

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Jan 5, 2024
Sold by
Mcdermott Lisa M and Lisa M Mcdermott Revocable Trust
Bought by
Mcdermott Lisa M and Isaacson Samuel B
Seller's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
Buyer's Agent
Michael Renick
MANGROVE REALTY ASSOCIATES
List Price
$2,600,000
Sold Price
$2,600,000
Current Estimated Value
$2,509,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$90,310
Avg. Annual Appreciation
-2.17%
Original Mortgage
$1,300,000
Outstanding Balance
$1,273,459
Interest Rate
5.83%
Mortgage Type
New Conventional
Estimated Equity
$1,236,231

Purchase Details

Listed on
Jan 7, 2022
Closed on
Feb 7, 2022
Sold by
Miriam S Sweet Revocable Trust
Bought by
Lisa M Mcdermott Revocable Trust
Seller's Agent
Shellie Young
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
List Price
$1,500,000
Sold Price
$2,211,000
Premium/Discount to List
$711,000
47.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%

Purchase Details

Closed on
Jul 8, 2021
Sold by
Sweet Miriam S
Bought by
Sweet Miriam S and Miriam S Sweet Revocable Trust

Purchase Details

Closed on
Oct 27, 2004
Sold by
Sweet Marvin and Sweet Miriam
Bought by
Sweet Miriam S and Sweet Marvin

Purchase Details

Closed on
Jul 6, 2004
Sold by
Stgenis John S and Stgenis Barbara A
Bought by
Sweet Marvin and Sweet Miriam

Purchase Details

Closed on
May 4, 1999
Sold by
Markey Joyce H
Bought by
St Genis John S and St Genis Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcdermott Lisa M $2,600,000 None Listed On Document
Lisa M Mcdermott Revocable Trust $2,211,000 Williams Parker
Sweet Miriam S -- Accommodation
Sweet Miriam S -- Accommodation
Sweet Miriam S -- --
Sweet Marvin -- --
Sweet Marvin $1,450,000 --
St Genis John S $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Isaacson Samuel B $1,300,000
Closed Mcdermott Lisa M $1,300,000
Previous Owner St Genis John S $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $2,600,000 0.0% $835 / Sq Ft
01/31/2024 01/31/24 For Sale $2,600,000 +17.6% $835 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
02/07/2022 02/07/22 Sold $2,211,000 +47.4% $710 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $1,500,000 -- $482 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $26,073 $2,003,350 -- --
2023 $26,073 $1,945,000 $0 $1,945,000
2022 $19,925 $1,432,200 $0 $1,432,200
2021 $12,103 $858,876 $0 $0
2020 $12,240 $847,018 $0 $0
2019 $11,671 $827,975 $0 $0
2018 $11,527 $812,537 $0 $0
2017 $11,477 $795,825 $0 $0
2016 $11,457 $1,234,500 $0 $1,234,500
2015 $11,500 $1,216,300 $0 $1,216,300
2014 $11,499 $725,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: J971471

Stellar MLS

APN: 0011-08-3008