NOT LISTED FOR SALE

535 Sanctuary Dr Unit C507 Longboat Key, FL 34228

Estimated Value: $2,328,000 - $2,948,000

3 Beds
2.5 Baths
2,580 Sq Ft
39,509 Sq Ft Lot

Last Sold October 21, 2024

Last sale price $2,593,500 $1,005 Per Sq Ft

Current estimated payment $18,566/month

51 Days on Market

Highlights

  • Ocean or Gulf Waterfront
  • White Water Ocean Views
  • Water access To Gulf or Ocean
  • Southside Elementary School Rated A
  • Golf Course Community
  • Fitness Center

About This Home

As of October 2024

Step into unparalleled Gulf-front luxury with this exquisite residence on the fifth floor of coveted Building IV at The Sanctuary. This Furnished, move-in-ready three-bedroom retreat spans nearly 2,600 square feet, offering stunning panoramic views of the Gulf, Longboat Key Club’s golf course, Sarasota Bay, and the downtown city skyline. This beach-to-bay residence features new (2018) turtle-proof impact windows and sliders that frame these breathtaking vistas, creating an inviting and sunlit living space. Upon entering, you'll be greeted by the expansive open-concept living and dining area, stretching 35 feet and seamlessly connecting to the Gulf-front terrace. This outdoor space extends the living area, making it perfect for relaxation or entertaining. The adjacent eat-in kitchen is a equipped with double built-in ovens, a pantry, and laundry closet. A charming dining nook surrounded by bay windows offers access to an east-facing terrace, enhancing the home's light-filled ambiance. The secluded primary suite, located on the west side of the residence, is a true retreat. It boasts stunning beach views, walk-in closet, marble bathroom, and direct access to the west terrace where you can enjoy breathtaking sunsets. Two additional guest bedrooms, one of which is en-suite, are thoughtfully placed on the east side to ensure privacy and comfort for visitors. This special residence comes complete with under-building parking, plus additional owner’s storage (additional parking space is available for purchase separately). The Sanctuary offers a resort-style lifestyle within the gated Longboat Key Club community. Residents can enjoy a Gulfside swimming pool with cabanas, an extensive sundeck, and an outdoor bar, as well as a heated pool and spa. The community also features tennis courts, a state-of-the-art fitness center, and a variety of clubhouse activities. A boardwalk provides direct access to the pristine beach, while a 24-hour manned guard gate and on-site management ensure security and convenience. For an enhanced lifestyle, consider joining the renowned Longboat Key Club, available for purchase separately. Membership grants access to world-class amenities, including immaculate golf courses, top-tier tennis facilities, a resort-style pool deck, a fully equipped fitness center, rejuvenating spa services, exquisite dining options, and premier marina facilities. Embrace this unique opportunity to live in a sophisticated coastal paradise where luxury and natural beauty come together at The Sanctuary.

Last Agent to Sell the Property

Roger Pettingell

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0499842 Listed on: 07/22/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Roger Pettingell

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0499842 Listed on: 07/22/2024

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,534

Year Built

  • Built in 1990

Lot Details

  • Ocean or Gulf Waterfront
  • Public Beach Waterfront
  • South Facing Home
  • Mature Landscaping
  • Irrigation
  • Street paved with bricks
  • Landscaped with Trees

HOA Fees

  • $2,768 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Portico
  • Oversized Parking
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • Guest Parking

Property Views

  • White Water Ocean
  • Beach
  • Golf Course
  • City
  • Tennis Court

Home Design

  • Custom Home
  • Entry on the 5th floor
  • Concrete Roof
  • Concrete Siding
  • Pile Dwellings

Interior Spaces

  • 2,580 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Shelving
  • High Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Dinette
  • Walk-In Pantry
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Closet Cabinetry
  • Walk-In Closet
  • Tall Countertops In Bathroom
  • Bidet
  • Dual Sinks
  • Private Water Closet
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Pool

  • Cabana
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Pool Deck
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Property is near a marina
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near golf course

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Power Generator
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
  • Sanctuary Community Association
  • Visit Association Website
  • High-Rise Condominium
  • Sanctuary IV Subdivision, Carlyle Floorplan
  • Sanctuary Community
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions, allowable golf cart usage in the community, vehicle restrictions
  • 8-Story Property

Amenities

  • Clubhouse
  • Community Mailbox
  • Community Storage Space
  • Elevator

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

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

Security

  • Security Guard
  • Card or Code Access
  • Gated Community
  • High Impact Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,534

Year Built

Built in 1990

Lot Details

0.91 Acres

HOA Fees

$2,768 per month

Parking

1

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Concrete
  • Fireplace: Yes
  • Living Area: 2580
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 3145
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Building Area Total Srch Sq M: 292.18
  • Escrow State: FL
  • Floor Number: 5
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 1005.23
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: High Rise
  • Water Frontage Feet Beach: 1
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front,Water Access,Waterfront
  • Attribution Contact: 941-383-6411
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Generator
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 8
  • Window Features: Impact Glass/Storm Windows
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 239.69

Exterior Features

  • Direction Faces: South
  • Other Structures: Cabana, Storage, Tennis Court(s)
  • Pool Features: Deck, Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Concrete
  • Pool Private: No
  • View: City, Golf Course, Tennis Court, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Rear Porch
  • Road Surface Type: Brick, Paved
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach,Beach - Access Deeded,Gulf/Ocean
  • Water View: Bay/Harbor - Full,Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 2
  • Flood Zone Panel: 12115C0128G
  • Water Frontage Feet Gulf Ocean: 1

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Garage Door Opener, Guest, Oversized, Portico, Under Building

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Golf Carts OK, Golf, Pool, Sidewalks, Special Community Restrictions, Tennis Courts
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
  • Association Fee Frequency: Quarterly
  • Association Name: SANCTUARY COMMUNITY ASSOCIATION
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Secured Garage / Parking, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: PET, 30-LBS MAX. TENANTS, NO PETS
  • Association Fee Requirement: Required
  • Condo Fees: 8303
  • Condo Land Included YN: 0
  • Max Pet Weight: 30
  • Association Email: info@LBKSanctuary.com
  • 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
  • Monthly HOA Amount: 0.00

Lot Info

  • Zoning: MUC2
  • Parcel Number: 0011083038
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Landscaped, Near Golf Course, Near Marina, Private, Sidewalk, Street Brick
  • Flood Zone Code: AE

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: SEE DOCUMENTS

Tax Info

  • Tax Annual Amount: 15534
  • Tax Book Number: 28-48
  • Tax Lot: 507

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: SEE DOCUMENTS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Oct 18, 2024
Sold by
Thomas H Stoughton Revocable Trust and Rhonda L Stoughton Revocable Trust
Bought by
Judith C Davis-Fagan Revocable Trust and Davis-Fagan
Seller's Agent
Roger Pettingell
COLDWELL BANKER REALTY
Buyer's Agent
Roger Pettingell
COLDWELL BANKER REALTY
List Price
$3,295,000
Sold Price
$2,593,500
Premium/Discount to List
-$701,500
-21.29%
Views
6
Current Estimated Value
$2,598,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,240
Avg. Annual Appreciation
0.14%

Purchase Details

Closed on
Sep 15, 2016
Sold by
Nathan Margot
Bought by
Stoughton Thomas and Stoughton Rohnda L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Judith C Davis-Fagan Revocable Trust $2,593,500 None Listed On Document
Stoughton Thomas $1,495,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2024 10/21/24 Sold $2,593,500 -7.2% $1,005 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
09/07/2024 09/07/24 Price Changed $2,795,000 -6.8% $1,083 / Sq Ft
08/23/2024 08/23/24 Price Changed $2,999,999 -9.0% $1,163 / Sq Ft
07/22/2024 07/22/24 For Sale $3,295,000 -- $1,277 / Sq Ft
Source: Stellar MLS

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
2025 $27,313 $2,160,900 -- $2,160,900
2024 $15,534 $2,038,900 -- $2,038,900
2023 $15,534 $1,182,897 $0 $0
2022 $15,290 $1,148,444 $0 $0
2021 $15,637 $1,114,994 $0 $0
2020 $15,818 $1,099,600 $0 $1,099,600
2019 $17,148 $1,180,200 $0 $1,180,200
2018 $16,581 $1,133,100 $0 $1,133,100
2017 $16,869 $1,133,100 $0 $1,133,100
2016 $17,208 $1,133,100 $0 $1,133,100
2015 $16,936 $1,116,400 $0 $1,116,400
2014 $15,745 $870,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roger Pettingell

    Seller's Agent in 2024

    Roger Pettingell

    COLDWELL BANKER REALTY

    (941) 387-1840

    136 in this area

    322 Total Sales

    Roger Pettingell
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Map

Source: Stellar MLS

MLS Number: A4617297

Stellar MLS

APN: 0011-08-3038

Florida Sarasota County Longboat Key 34228

535 Sanctuary Dr Unit C507, Longboat Key, FL

Not Listed for Sale

Condos

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Stellar MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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