$3,150,000

Sanctuary 545 Sanctuary Dr Unit B204 Floor 2 Longboat Key, FL 34228

Estimated payment $21,470/month

3 Beds
3.5 Baths
3,115 Sq Ft
$1,011 Price per Sq Ft

Highlights

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

About This Home

Prepare to be wowed by the direct turquoise Gulf views from the oversized wraparound terrace, main living areas and primary bedroom. The chef’s kitchen is open to the main living area and offers state-of-the-art JennAir stainless steel appliances complete with built-in convection and steam ovens, oversized center island, wine refrigeration with storage and breakfast area. The massive primary suite showcases floor to ceiling windows with the same big Gulf views, access to the terrace, garden tub with separate shower and two walk-in closets. The main guest bedroom is ensuite with its own private terrace access and another walk-in closet. The 3rd bedroom is being used as a den with French doors opening to the living room, its own ensuite full bath with shower and dazzling Gulf views. Other bonus rooms include a laundry room located conveniently off the kitchen with sink, and an office nook with built-ins adjacent to the foyer. This residence comes with TWO under building parking spaces and a separate storage locker. Located behind the prestigious gates of The Longboat Key Club on the desirable South end of Longboat Key, owners will enjoy being minutes from the fine dining and shopping on St. Armands Circle in addition to the close proximity to Southwest Florida’s cultural hub of downtown Sarasota. At the Sanctuary, you will be part of 18 incredible beachfront acres with trails, an Olympic sized heated pool and spa, lighted tennis courts, a fitness center, onsite management, 24-hour manned security gate and a club house with planned activities. Become a member of the Longboat Key Club and partake in the superior golf courses, 6 private restaurants, spa and wellness center and other AAA four-diamond beach resort offerings. Roof replaced in 2023, Elevators modernized in 2022, and pool decking replaced in 2024. Building passed the Milestone Structural Integrity Inspection.

Listing Agent

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3066979 Listed on: 10/31/2025

MICHAEL SAUNDERS & COMPANY

Co-Listing Agent

E. Gail Wittig

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #0188801

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,235

Year Built

  • Built in 1991

Lot Details

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

HOA Fees

  • $3,379 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Portico
  • Basement Garage
  • Oversized Parking
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Property Views

  • Pool

Home Design

  • Custom Home
  • Entry on the 2nd floor
  • Pillar, Post or Pier Foundation
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 3,115 Sq Ft Home
  • Built-In Features
  • Shelving
  • Tinted Windows
  • Shutters
  • Sliding Doors
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Dinette
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Makeup or Vanity Space
  • Split Vanities
  • Single Vanity
  • Private Water Closet
  • Bathtub With Separate Shower Stall
  • Shower Only
  • Garden Bath
  • Built-In Shower Bench

Laundry

  • Laundry Room
  • Dryer
  • Washer

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
  • Wrap Around Porch
  • Exterior Lighting
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Property is near a golf course

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Power Generator
  • High Speed Internet
  • 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 Iii/Cathy Yax Association, Phone Number (941) 383-6021
  • Visit Association Website
  • Sanctuary Community Association Inc. Association, Phone Number (941) 383-6021
  • Mid-Rise Condominium
  • Sanctuary Community
  • Sanctuary III Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, vehicle restrictions
  • 9-Story Property

Amenities

  • Elevator
  • Community Mailbox
  • Community Storage Space

Recreation

  • Golf Course Community
  • Recreation Facilities
  • Community Pool
  • Community Spa

Pet Policy

  • 1 Pet Allowed
  • Dogs Allowed
  • Small pets allowed

Security

  • Security Guard
  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,235

Year Built

Built in 1991

Lot Details

0

HOA Fees

$3,379 per month

Parking

2

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, Stucco
  • Fireplace: No
  • Living Area: 3115
  • Lot Size Acres: 0.57
  • New Construction: No
  • Year Built: 1991
  • Building Area Total: 3940
  • Lot Size Sq Ft: 24697
  • Status: Active
  • Co List Office Mls Id: MFR281502004
  • Co List Office Phone: 941-383-7591
  • Ownership: Condominium
  • Entry Level: 2
  • Escrow State: FL
  • Floor Number: 2
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 1011.24
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Mid Rise
  • Water Frontage Feet Beach: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Water Access,Waterfront
  • Attribution Contact: 941-383-7591
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Eat-in Kitchen, Living Room/Dining Room Combo, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Irrigation Equipment, Generator
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 9
  • Window Features: Shutters, Tinted Windows
  • Additional Rooms: Den/Library/Office,Inside Utility,Storage Rooms
  • Living Area Meters: 289.39

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Cabana, Storage, Tennis Court(s)
  • Pool Features: Deck, Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Balcony, Lighting, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Concrete
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: GULF
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Wrap Around
  • Road Surface Type: Brick
  • Water Access: Beach,Gulf/Ocean
  • Water View: 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: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Driveway, Garage Door Opener, Guest, Oversized, Portico, Basement

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Public, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, 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, Golf Carts OK, Golf, Pool, Sidewalks, Tennis Court(s)
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
  • Association Name: Sanctuary III/Cathy Yax
  • Phone: 941-383-6021
  • Association: No
  • Security: Gated Community, Secured Garage/Parking
  • Senior Community: No
  • Association: Sanctuary Community Association Inc.
  • Association Phone #2: 941-383-6021
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Pet Restrictions: 1 Pet 30 lb limit. Tenants, No Pets.
  • Condo Fees: 10136
  • Condo Land Included YN: 0
  • Association Email: gm@lbksanctuary.com
  • Monthly Condo Fee Amount: 3379
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: www.LBKSanctuary.com

Fee Information

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

Lot Info

  • Zoning: MUC2
  • Parcel Number: 0011084004
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, Landscaped, Near Golf Course, Sidewalk, Private
  • Flood Zone Code: X500

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Condo Docs

Tax Info

  • Tax Annual Amount: 19235
  • Tax Book Number: 29-27
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: Application - See Condo Docs

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $18,908 $1,474,452 -- --
2023 $18,908 $1,431,507 $0 $0
2022 $18,615 $1,389,813 $0 $0
2021 $19,041 $1,349,333 $0 $0
2020 $19,262 $1,330,703 $0 $0
2019 $17,512 $1,243,307 $0 $0
2018 $17,298 $1,220,125 $0 $0
2017 $17,227 $1,195,029 $0 $0
2016 $17,202 $1,275,300 $0 $1,275,300
2015 $15,557 $1,256,500 $0 $1,256,500
2014 $15,225 $989,700 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 For Sale $3,150,000 -- $1,011 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,750,000 Sunbelt Title Agency
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $1,250,000 --
Warranty Deed $1,049,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 Purchase Money Mortgage
Previous Owner $800,000 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: A4667288

Stellar MLS

APN: 0011-08-4004