$1,950,000
$25K PRICE DROP

Sanctuary 545 Sanctuary Dr Unit B806 Longboat Key, FL 34228

Estimated payment $15,855/month

Total Views 2,742
3 Beds
2.5 Baths
2,375 Sq Ft
$821 Price per Sq Ft

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

Welcome to luxury living at The Sanctuary located behind the gates of the Longboat Key Club on south Longboat Key! Whether you're looking for a peaceful retreat or a permanent residence, this 3 bedroom, 2 1/2 bath beachfront paradise has it all. The massive views of Sarasota Bay, the downtown city skyline and manicured golf course greens are front and center from the moment you step across the threshold of this south corner residence. Floor to ceiling Hurricane Impact Sliders and windows provide an uninterrupted 8th floor vantage that transports you to another world. Watch the sunrise with your coffee from the breakfast nook in the kitchen, or step outside and pick a spot on the large wraparound terrace for a more immersive experience that includes the fresh morning breeze and sounds of tropical birds. The spacious great room with exquisite wood flooring is perfect for entertaining guests with an unforgettable backdrop of the sparkling city lights at night or the holiday fireworks displays. The great room opens up into the den which can easily be converted into a 3rd bedroom as intended by the original floor plan. The private primary suite boasts a double door entry with a customized walk-in closet, dual vanities, separate shower and water closet, terrace access and more big city and Bay views. Guests will be pampered in the ensuite guest bedroom with its own unique view that includes the Bay, the golf course and even a peek at the Gulf waters. The kitchen provides all of the conveniences necessary for home chefs to create culinary delights with a large center island and a backdrop of - you guessed it, more BIG views. Other highlights include one under building parking spot, extra storage and a dedicated laundry room with sink. 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 clubhouse 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.

Listing Agent

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3066979 Listed on: 04/03/2025

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

  • $19,361

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

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

Property Views

Home Design

  • Custom Home
  • Pillar, Post or Pier Foundation
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,375 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Private Water Closet
  • Bathtub With Separate Shower Stall

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
  • Deeded access to the beach
  • Wrap Around Porch
  • Exterior Lighting
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Property is near a golf course

Utilities

  • Central Heating and Cooling System
  • 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
  • Sanctuary Iii Subdivision
  • Sanctuary Community
  • 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

  • Community Mailbox
  • Community Storage Space
  • Elevator

Recreation

  • Golf Course Community
  • Recreation Facilities
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,361

Year Built

Built in 1991

Lot Details

0

HOA Fees

$3,379 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, Stucco
  • Fireplace: No
  • Living Area: 2375
  • New Construction: No
  • Year Built: 1991
  • Building Area Total: 3125
  • Directions to Property: From Sarasota head north on Gulf of Mexico Drive, left on Longboat Club Rd. through gate, Sanctuary is on the left right Pierre. Take a left through the Sanctuary gate and Building 545 is the first one on your right.
  • Status: Active
  • Co List Office Mls Id: MFR281502004
  • Co List Office Phone: 941-383-7591
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 8
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 821.05
  • Unit Number YN: 0
  • Water Access YN: 1
  • Other Fees Amount: 0
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit,Elevated,End Unit
  • Water Frontage Feet Beach: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front,Water Access,Waterfront
  • Attribution Contact: 941-383-7591
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Eat-in Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • 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
  • Street Number Modifier: 545
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 220.64
  • Room Count: 5

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: City, Tennis Court, Water
  • Water Body Name: THE GULF
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Wrap Around
  • Road Surface Type: Brick
  • Water Access: Beach,Beach - Access Deeded,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full,Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 2
  • Flood Zone Date: 2024-03-27
  • 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, 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 Fee Frequency: Quarterly
  • Association Name: Sanctuary III/Cathy Yax
  • Phone: 941-383-6021
  • Association: Yes
  • 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.
  • Association Fee Requirement: Required
  • Building Name Number: SANACTUARY III
  • Condo Fees: 10136
  • Condo Land Included YN: 0
  • Max Pet Weight: 30
  • Montly Maint Amt Addition To HOA: 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
  • Other Fees Term: Quarterly

Lot Info

  • Zoning: MUC2
  • Parcel Number: 0011084041
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, Landscaped, Near Golf Course, Sidewalk, Private
  • Flood Zone Code: AE
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Condo Docs.

Tax Info

  • Tax Annual Amount: 19361
  • Tax Book Number: 29-27
  • Tax Lot: 806

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 $18,695 $1,193,907 -- --
2023 $18,695 $1,726,300 $0 $1,726,300
2022 $16,153 $1,394,800 $0 $1,394,800
2021 $13,029 $897,000 $0 $897,000
2020 $12,590 $844,700 $0 $844,700
2019 $12,959 $891,900 $0 $891,900
2018 $12,534 $856,500 $0 $856,500
2017 $12,751 $856,500 $0 $856,500
2016 $13,007 $856,500 $0 $856,500
2015 $13,117 $843,900 $0 $843,900
2014 $12,192 $691,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Price Changed $1,950,000 -1.3% $821 / Sq Ft
04/03/2025 04/03/25 For Sale $1,975,000 -- $832 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $844,700 Accommodation
Warranty Deed $630,500 --
Source: Public Records

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Source: Stellar MLS

MLS Number: A4646987

Stellar MLS

APN: 0011-08-4041