$2,175,000
SOLD JUL 25, 2025

Sanctuary 545 Sanctuary Dr Unit A803 Longboat Key, FL 34228

3 Beds
2.5 Baths
2,375 Sq Ft
$3,378/mo HOA Fee

Recently Sold

$916 Per Sq Ft

19% Below List Price

158 Days on Market

Highlights

  • Beach Access
  • Property fronts gulf or ocean
  • Custom Home
  • Southside Elementary School Rated A
  • Fitness Center
  • Gated Community

About This Home

As of July 2025

Discover the pinnacle of coastal luxury in this magnificent 8th-floor northeast corner residence, perfectly positioned within one of Longboat Key’s most sought-after communities. Revel in sweeping, unobstructed views of the Gulf of Mexico, Sarasota Bay, Downtown Sarasota, the
Longboat Key golf course and beyond. With a generous 2,375-square-foot floor plan, this exquisitely appointed home offers two spacious bedrooms, a convertible den/third bedroom and two-and-a-half baths. Every detail of this residence exudes sophistication. The turnkey-furnished interior features soaring ceilings, gleaming marble floors and a light-filled kitchen with an island centerpiece designed for functionality and elegance. The kitchen, equipped with Bosch and Sub-Zero appliances, ample storage and an inviting dining nook, seamlessly blends modern convenience with timeless style. Floor-to-ceiling glass sliders frame the panoramic vistas, while wraparound terraces provide the ultimate setting for sunrise coffee or evening cocktails. Nestled behind the gates of the exclusive Longboat Key Club, The Sanctuary offers a resort lifestyle unmatched in its amenities and beauty. The community boasts 1,200 feet of pristine white sand beach, a heated Gulf-side swimming pool with a 25-meter lap area, an outdoor whirlpool spa and a charming beachfront gazebo. Two lighted Har-Tru tennis courts and a state-of-the-art fitness center provide endless recreation opportunities, while saunas and an entertainment room ensure relaxation and social enjoyment. On-site management, 24-hour security and meticulously maintained grounds enhance the sense of exclusivity and convenience. The community also offers private boardwalk access to the beach, allowing residents to enjoy Longboat Key’s serene shoreline just steps from their door. Whether indulging in the luxurious amenities, soaking in the unparalleled views or entertaining guests in your stunning corner residence, life at The Sanctuary redefines coastal elegance. Come and experience why this extraordinary residence is the ultimate address on Longboat Key.

Last Agent to Sell the Property

Louis Wery

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #0654389 Listed on: 01/06/2025

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Louis Wery

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #0654389 Listed on: 01/06/2025

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,987

Year Built

  • Built in 1991

Lot Details

  • Property fronts gulf or ocean
  • East Facing Home
  • Mature Landscaping

HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Ground Level Parking
  • Garage Door Opener
  • 2 Assigned Parking Spaces

Property Views

Home Design

  • Custom Home
  • Entry on the 8th floor
  • Block Foundation
  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 2,375 Sq Ft Home
  • Open Floorplan
  • Built-In Desk
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Inside Utility
  • Security Gate

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Stone Countertops
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Deeded access to the beach
  • Deck
  • Patio
  • Outdoor Storage
  • Wrap Around Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Humidity Control
  • Thermostat
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
  • Pat Shea Association, Phone Number (941) 383-6021
  • Sanctuary Community Association
  • Sanctuary Community
  • Sanctuary III Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, vehicle restrictions
  • 9-Story Property

Amenities

  • Community Mailbox
  • Elevator

Recreation

  • Racquetball
  • Recreation Facilities
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 30 lbs
  • 1 Pet Allowed

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,987

Year Built

Built in 1991

Lot Details

0

HOA Fees

$3,378 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2375
  • New Construction: No
  • Year Built: 1991
  • Building Area Total: 3125
  • Directions to Property: From St. Armands Circle go north on John Ringling Parkway, over New Pass Bridge to Longboat Key, take left at Longboat Club Rd. Thru guard gate to Sanctuary gate, bldg 545.
  • Status: Sold
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 8
  • List Office Head Office Key Nume: 537903989
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 915.79
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit,Studio/Efficiency,Elevated,Mid Rise
  • MFR_NumAssignedParkingSpaces: 2
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Waterfront
  • Attribution Contact: 941-364-4000
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Marble, Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Trash Compactor, Washer
  • Foundation Details: Block, Slab, Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 9
  • Window Features: Aluminum Frames
  • Street Number Modifier: 545
  • Additional Rooms: Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 220.64
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: No
  • View: City, Golf Course, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Wrap Around
  • Road Surface Type: Asphalt
  • Water Access: Beach,Beach - Access Deeded
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full,Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0128G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Garage Door Opener, Ground Level, Basement

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Public
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • 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, Pool, Racquetball, Tennis Court(s)
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
  • Association Name: Pat Shea
  • Phone: 941-383-6021
  • Association: Yes
  • Security: Gated Community, Security Gate
  • Senior Community: No
  • Association #2 Fee: 3844
  • Association #2 Fee Frequency: Quarterly
  • Association: Sanctuary Community
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Pet Restrictions: No aggressive breeds
  • Association Fee Requirement: None
  • Building Name Number: SANCTUARY III
  • Condo Fees: 6292
  • Condo Land Included YN: 0
  • Max Pet Weight: 30
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: info@lbksantuary.com
  • Monthly Condo Fee Amount: 2097
  • Pet Size: Small (16-35 Lbs.)
  • Management: On Site Property Manager

Fee Information

  • Total Annual Fees: 40544.00
  • Total Monthly Fees: 3378.67

Schools

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

Lot Info

  • Zoning: MUC2
  • Parcel Number: 0011084038
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: X500
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Verify with Association
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 19987
  • Tax Book Number: 29-27
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: Verify with Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2025
Closed on
Jul 25, 2025
Sold by
Lancheros Mario-Hernando Paez
Bought by
Haas Robert J
Seller's Agent
Louis Wery
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Louis Wery
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$2,690,000
Sold Price
$2,175,000
Premium/Discount to List
-$515,000
-19.14%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.14%

Purchase Details

Closed on
Dec 21, 2023
Sold by
Klasse Family Trust and Acevedo Maria Carolina Santo
Bought by
Lancheros Mario-Hernando Paez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2016
Sold by
Sanctuary 840 Llc
Bought by
Lancheros Mario Hernando Paez and Santos Acevedo Maria Carolina

Purchase Details

Closed on
Apr 1, 2016
Bought by
Klasse Family Trust

Purchase Details

Listed on
Jun 14, 2011
Closed on
Dec 17, 2012
Sold by
Manor Hall Inc
Bought by
Sanctuary 840 Llc
Seller's Agent
Saint Cacchiotti, PA
Buyer's Agent
Louis Wery
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,299,000
Sold Price
$1,058,500
Premium/Discount to List
-$240,500
-18.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%

Purchase Details

Closed on
Jan 31, 2000
Sold by
Pozulp Raymond E and Pozulp Jeanne F
Bought by
Vaughan John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
7.9%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $2,175,000 None Listed On Document
Quit Claim Deed $100 Ags Title Agency
Warranty Deed -- None Available
Deed $100 --
Warranty Deed $1,058,500 Attorney
Warranty Deed $875,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 New Conventional
Previous Owner $773,617 Stand Alone First
Previous Owner $656,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Sold $2,175,000 -13.0% $916 / Sq Ft
06/13/2025 06/13/25 Pending -- -- --
02/27/2025 02/27/25 Price Changed $2,499,000 -7.1% $1,052 / Sq Ft
01/06/2025 01/06/25 For Sale $2,690,000 +154.1% $1,133 / Sq Ft
12/17/2012 12/17/12 Sold $1,058,500 -18.5% $446 / Sq Ft
10/28/2012 10/28/12 Pending -- -- --
06/14/2011 06/14/11 For Sale $1,299,000 -- $547 / 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 $19,986 $1,254,468 -- --
2023 $19,986 $1,826,000 $0 $1,826,000
2022 $17,290 $1,473,600 $0 $1,473,600
2021 $13,957 $942,500 $0 $942,500
2020 $12,802 $879,300 $0 $879,300
2019 $14,575 $984,700 $0 $984,700
2018 $14,090 $944,700 $0 $944,700
2017 $14,258 $944,700 $0 $944,700
2016 $14,359 $944,700 $0 $944,700
2015 $13,803 $930,800 $0 $930,800
2014 $12,835 $692,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4634468

Stellar MLS

APN: 0011-08-4038