NOT LISTED FOR SALE

535 Sanctuary Dr Unit C107 Longboat Key, FL 34228

Estimated Value: $2,372,000 - $3,275,000

2 Beds
2.5 Baths
2,580 Sq Ft
$2,768/mo HOA Fee

Last Sold April 18, 2024

Last sale price $2,800,000 $1,085 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $19,593/month

Highlights

  • 1,400 Feet of Public Beach Waterfront
  • Water access To Gulf or Ocean
  • Heated Spa
  • Southside Elementary School Rated A
  • Fitness Center
  • Partial Gulf or Ocean Views

About This Home

As of April 2024

Welcome to your tropical COMPLETELY RENOVATED beachfront home behind the gates of the coveted Longboat Key Club where sophistication meets casual coastal living. This stylish home was designed by a professional decorator to enhance the natural tropical splendor. This 2 bedroom plus DEN / 3 full bath home is the perfect retreat to enjoy the true beauty of Florida living with HURRICANE RATED floor to ceiling windows and doors with electronic shades to allow stunning views as well as a SONOS sound system throughout. The den doubles as a private 3rd BEDROOM using an Opaque Smart Glass door that can switch to clear at a flick of a switch. Upon entering the home, you’ll be met with warm elegance from the pleasing colors, the modern linear electric fireplace, built-in wall nooks, stylish lighting fixtures and light-colored luxury vinyl floors throughout. Chefs of all levels will enjoy this exceptionally appointed kitchen featuring sleek white cabinetry and countertops with sophisticated hardware, a Viking Refrigerator, Wine Fridge and Beverage Fridge as well as a Miele Induction Cooktop plus a Bosch Oven and Microwave. There’s also a large center island, and a cheerful breakfast nook with sliders to the front terrace overlooking the swaying palm trees. The light and bright owner’s retreat boasts stylish wallpaper, designer lighting fixtures, a gleaming en-suite bathroom, and a spacious, custom walk-in closet. The second guest suite has sliding doors leading to the front terrace as well as a full en-suite bathroom. The primary bedroom and the main living area benefit from having sliders to a uniquely EXPANSIVE 40 x 30 TERRACE allowing the much sought-after WALK OUT to the heated pool/hot tub and the beach where you’ll enjoy an abundance of sunset views over the Gulf. From there it’s just a short stroll to the Longboat Key Club, where membership is optional. PET FRIENDLY Sanctuary is a true beachfront community offering residents Resort-Style Amenities including a heated Olympic size pool, hot tub, 2 Har-Tru tennis courts, a fitness center, club house with catering, social rooms, walking trails, a manned gate and on-site management. St. Armand’s Circle, City Island and downtown Sarasota are just a few short miles away. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).

Last Agent to Sell the Property

Carol Burke

WHITE SANDS REALTY GROUP FL Brokerage Phone: 941-923-5835 License #3086785 Listed on: 03/22/2024

WHITE SANDS REALTY GROUP FL

Last Buyer's Agent

Carol Burke

WHITE SANDS REALTY GROUP FL Brokerage Phone: 941-923-5835 License #3086785 Listed on: 03/22/2024

WHITE SANDS REALTY GROUP FL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,885

Year Built

  • Built in 1990

Lot Details

  • 1,400 Feet of Public Beach Waterfront
  • Property fronts gulf or ocean
  • South Facing Home

HOA Fees

  • $2,768 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Parking Garage Space

Home Design

  • Concrete Roof

Interior Spaces

  • 2,580 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Partially Furnished
  • Built-In Features
  • Bar Fridge
  • Dry Bar
  • Sliding Doors
  • Wood Flooring
  • Partial Bay or Harbor Views

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, maintenance structure, ground maintenance, recreational facilities, security, sewer, trash, water
  • Sanctuary Iv Lbk Association, Phone Number (941) 383-6021
  • Sanctuary Community
  • Sanctuary Iv Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 30 lbs
  • 1 Pet Allowed
  • Dogs and Cats Allowed

Security

  • Security Guard
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,885

Year Built

Built in 1990

Lot Details

0

HOA Fees

$2,768 per month

Parking

1

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Maintenance Structure, Maintenance Grounds, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Other
  • Fireplace: Yes
  • Living Area: 2580
  • Lot Size Acres: 0.91
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 3480
  • Lot Size Sq Ft: 39579
  • Directions to Property: From Gulf of Mexico Dr., go through first set of gates to the Longboat Key Club, then proceed to Sanctuary. Go through gate and #535 is to the left after the tennis courts.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1048424
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 1085.27
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Water Frontage Feet Beach: 1400
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-923-5835
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Dry Bar, Elevator, Primary Bedroom Main Floor, Stone Counters, Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Range Hood, Refrigerator, Washer, Whole House R.O. System, Wine Refrigerator
  • Foundation Details: Other
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Impact Glass/Storm Windows
  • Street Number Modifier: 535
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 239.69
  • Room Count: 4

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, Lighting, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Concrete
  • Pool Private: No
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 1400
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0128F

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Under Building

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Pool, Tennis Courts
  • Association Fee Frequency: Quarterly
  • Association Name: Sanctuary IV LBK
  • Phone: 941-383-6021
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: SANCTUARY IV
  • Condo Fees: 8303
  • Condo Land Included YN: 0
  • Max Pet Weight: 30
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: pat@lbksanctuary.com
  • Monthly Condo Fee Amount: 2768
  • Pet Size: Small (16-35 Lbs.)

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: 0011083006
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 3677

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Partially
  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 3 month minimum, once per year

Tax Info

  • Tax Annual Amount: 22885
  • Tax Book Number: 28-48
  • Tax Lot: C-107

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: Application and Association approval.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Dec 11, 2020
Sold by
Zaccone Dominic R and Zaccone Elizabeth L
Bought by
Schneider Terrance M and Schneider Kimberly A
Seller's Agent
Ryan Ackerman
COLDWELL BANKER REALTY
Buyer's Agent
Carol Burke
WHITE SANDS REALTY GROUP FL
List Price
$2,300,000
Sold Price
$2,180,000
Premium/Discount to List
-$120,000
-5.22%
Current Estimated Value
$2,743,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$563,231
Avg. Annual Appreciation
4.37%

Purchase Details

Listed on
Nov 10, 2017
Closed on
Jun 18, 2018
Sold by
Shapiro Barbara and Shapiro Gary M
Bought by
Zaccone Ii Dominic R and The Dominic R Zaccone Ii Trust
Seller's Agent
Carol Cohen, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Kelly Gettel
COLDWELL BANKER REALTY
List Price
$1,195,000
Sold Price
$950,000
Premium/Discount to List
-$245,000
-20.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.78%
Original Mortgage
$453,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 1, 2016
Sold by
Shapiro Gary M and Shapiro Barbara
Bought by
Shapiro Esther L and The Esther L Shapiro Revocable Trust

Purchase Details

Closed on
Dec 13, 2001
Sold by
Shapiro Harry and Shapiro Esther L
Bought by
Shapiro Esther L
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
Schneider Terrance M $2,180,000 Attorney
Zaccone Ii Dominic R $950,000 Attorney
Shapiro Esther L -- None Available
Shapiro Esther L -- --
Shapiro Gary M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaccone Ii Dominic R $453,000
Previous Owner Zaccone Ii Dominic R $453,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $2,800,000 0.0% $1,085 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $2,800,000 +28.4% $1,085 / Sq Ft
12/11/2020 12/11/20 Sold $2,180,000 0.0% $845 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
10/27/2020 10/27/20 Off Market $2,180,000 -- --
08/31/2020 08/31/20 For Sale $2,300,000 +142.1% $891 / Sq Ft
06/20/2018 06/20/18 Sold $950,000 -4.5% $368 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
04/03/2018 04/03/18 Price Changed $995,000 -9.1% $386 / Sq Ft
02/21/2018 02/21/18 Price Changed $1,095,000 -4.4% $424 / Sq Ft
02/06/2018 02/06/18 Price Changed $1,145,000 -4.2% $444 / Sq Ft
11/10/2017 11/10/17 For Sale $1,195,000 -- $463 / 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 $22,885 $1,503,231 -- --
2023 $22,885 $2,055,900 $0 $2,055,900
2022 $18,623 $1,471,000 $0 $1,471,000
2021 $16,478 $1,129,400 $0 $1,129,400
2020 $11,910 $832,500 $0 $832,500
2019 $12,821 $915,400 $0 $915,400
2018 $12,928 $878,500 $0 $878,500
2017 $13,079 $878,500 $0 $878,500
2016 $9,187 $878,500 $0 $878,500
2015 $9,379 $865,500 $0 $865,500
2014 $9,377 $623,777 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4604559

Stellar MLS

APN: 0011-08-3006