$2,395,000
$420K PRICE INCREASE

Sanctuary 545 Sanctuary Dr Unit B806 Floor 8 Longboat Key, FL 34228

Estimated payment $17,602/month

Total Views 4,303
3 Beds
2.5 Baths
2,375 Sq Ft
$1,008 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

This residence offers an unparalleled luxury living experience within The Sanctuary, a secure, premiere beachfront community located behind the gates of the Longboat Key Club on south Longboat Key. Whether you are looking for a peaceful retreat or a permanent residence, this beachfront paradise has it all. Recently and completely renovated, this south-east corner location provides massive views of Sarasota Bay, the downtown city skyline, and the manicured golf course greens. The moment you step inside this 8th-floor residence, you are greeted by expansive, uninterrupted views enhanced by recently replaced floor-to-ceiling hurricane-impact sliders and windows. A spacious great room with exquisite wood flooring offers an unforgettable backdrop of the sparkling city lights and holiday firework displays, perfect for entertaining. The adjacent den can easily be converted to a third bedroom. 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. Home chefs will appreciate the large center island and the recent updates, including Calacatta Quartz counters, waterfall edges and backsplash, porcelain tile flooring, updated cabinetry, and all new hardware.
The private primary suite boasts a customized walk-in closet, new plush carpeting, terrace access, and more panoramic views. The luxurious ensuite bath features dual vanities updated with Calacatta Quartz, all new hardware and lighting, a separate shower and water closet, and a newly refinished bathtub. 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, along with new plush carpeting and ensuite bath including new Calacatta Quartz countertops, enhanced lighting, updated cabinetry, and all new hardware. The residence also includes a dedicated laundry room with new cabinetry, Calacatta Quartz counters and sink, one under-building parking spot, extra storage, and a freshly painted interior. Located on 18 incredible beachfront acres, The Sanctuary offers resort-style living with abundant amenities including 24-hour staffed security gate and onsite management, Olympic-sized heated pool and spa, lighted tennis courts and fitness center. Trails and a clubhouse with planned activities. For those seeking additional lifestyle amenities, optional membership to the Longboat Key Club allows access to superior golf courses, six private restaurants, a 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
  • Basement Garage
  • Oversized Parking
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Property Views

Home Design

  • Custom Home
  • Entry on the 8th floor
  • 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
  • Status: Active
  • Co List Office Mls Id: MFR281502004
  • Co List Office Phone: 941-383-7591
  • Ownership: Fee Simple
  • Entry Level: 8
  • Building Area Total Srch Sq M: 290.32
  • Escrow State: FL
  • Floor Number: 8
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 1008.42
  • 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
  • Additional Rooms: Den/Library/Office,Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 220.64

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 View: Bay/Harbor - Full,Gulf/Ocean - Partial
  • 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, 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
  • Condo Fees: 10136
  • Condo Land Included YN: 0
  • Max Pet Weight: 30
  • 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

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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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
11/26/2025 11/26/25 Price Changed $2,395,000 0.0% $1,008 / Sq Ft
11/26/2025 11/26/25 For Sale $2,395,000 +22.8% $1,008 / Sq Ft
09/04/2025 09/04/25 Off Market $1,950,000 -- --
09/04/2025 09/04/25 Pending -- -- --
08/18/2025 08/18/25 Off Market $1,950,000 -- --
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

Source: Stellar MLS

MLS Number: A4646987

Stellar MLS

APN: 0011-08-4041