NOT LISTED FOR SALE

Sanctuary 565 Sanctuary Dr Unit A602 Longboat Key, FL 34228

Estimated Value: $2,551,000 - $2,933,840

3 Beds
2.5 Baths
2,580 Sq Ft
0.6 Acres

Last Sold March 15, 2021

Last sale price $2,000,000 $775 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $16,847/month

19 Days on Market

Highlights

  • Water Views
  • Private Beach
  • Fitness Center
  • Southside Elementary School Rated A
  • Water Access
  • Heated In Ground Pool

About This Home

As of March 2021

Spectacular views spanning the Gulf of Mexico, Sarasota Bay, downtown skyline and rolling golf course fairways serve as the beautiful backdrop from every room in this direct beachfront penthouse residence in The Sanctuary, an intimate community with resort-style amenities and coveted under-building garage parking. A double-door opens to unfold a stunning array of exceptional appointments and touches enhanced by walls of glass, gorgeous marble and terrazzo tile flooring, recessed lighting and the breathtaking vistas beyond. Delight in a gourmet experience in the updated eat-in kitchen, which boasts top-quality Sub-Zero and KitchenAid appliances, double ovens, maple cabinetry, black granite counters and a built-in desk. Enjoy gentle salty breezes from the expansive, private terraces, which are perfect for entertaining or quiet relaxation by the glow of serene sunsets over the Gulf. Accommodations are both comfortable and elegant, as each bedroom has remarkable views and the master suite boasts a terrace walkout, walk-in & reach-in closets, wall of windows and en-suite bath with double vanity, marble counter, skylight and spa tub. Additional features include extra closets, 2 newer A/C handlers, recently replaced water heater, inside laundry/utility room, hurricane glass windows and sliders, and dining room with built-in buffet and wet bar. The Sanctuary offers residents 1,250 sq. ft. of prime beach frontage, 24/7 guard gate, on-site management, heated pool & spa, Har-Tru tennis courts fitness center and more. Pets allowed with restrictions.

Last Agent to Sell the Property

Bruce Myer

COLDWELL BANKER REALTY License #0342109 Listed on: 01/04/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Michael Renick

MANGROVE REALTY ASSOCIATES License #3241900

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,162

Year Built

  • Built in 1989

Lot Details

  • Waterfront
  • Private Beach
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

Property Views

  • Park or Greenbelt

Home Design

  • Custom Home
  • Concrete Roof
  • Concrete Siding
  • Pile Dwellings

Interior Spaces

  • 2,580 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Den
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Water Access
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0011081031

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, community pool, electricity, escrow reserves fund, fidelity bond, insurance, manager, pest control, pool maintenance, recreational facilities, security, sewer, trash, water
  • Lisa Heath Association, Phone Number (941) 383-6021
  • Sanctuary Community
  • Sanctuary II Subdivision
  • Association Approval Required
  • Association Owns Recreation Facilities

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets up to 30 lbs
  • Limit on the number of pets
  • Pet Size Limit

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,162

Year Built

Built in 1989

Lot Details

0

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Electricity, Escrow Reserves Fund, Fidelity Bond, Insurance, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Water View: Yes
  • Construction Materials: Concrete
  • Living Area: 2580.00
  • Homestead: Yes
  • Lot Size Acres: 0.60
  • Year Built: 1989
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486293?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486293?w=Customer
  • Lot Size Sq Ft: 26076
  • Directions to Property: Gulf of Mexico Drive to Longboat Club Road, through Longboat Key Club guard gate and Sanctuary is on the left.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 7
  • Living Area Units: Square Feet
  • Additional Rooms: Den/Library/Office, Inside Utility
  • Flooring: Carpet, Ceramic Tile, Marble
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Downstairs, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Floor Number: 6
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Living Area Meters: 239.69
  • Street Number Modifier: 565

Exterior Features

  • Direction Faces: East
  • Other Structures: Tennis Court(s)
  • Waterfront Feet Private Beach: 1000
  • Water Access: Gulf/Ocean
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Balcony, Irrigation System, Lighting, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Concrete
  • Water View: Gulf/Ocean - Full
  • Flood Zone Code: AE
  • Water Access: Yes
  • View: Golf Course, Greenbelt, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck

Garage/Parking

  • Parking Features: Assigned, Covered, Under Building

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Sanctuary
  • S W Subdiv Condo Num: 2
  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness, Gated Community, Pool, Sidewalk, Tennis Courts, Water Access
  • Building Name Number: 2
  • Condo Fees: 6210
  • Condo Fees Term: Quarterly
  • Max Pet Weight: 30
  • Monthly Condo Fee Amount: 2070
  • Pet Size: Small (16-35 Lbs.)
  • Association Amenities: Clubhouse, Elevators, Fitness Center, Gated, Pool
  • Association Approval Required: Yes
  • Association Name: Lisa Heath
  • Phone: 941-383-6021

Fee Information

  • Waterfront Frontage: 1000
  • Total Annual Fees: 24840.00
  • Total Monthly Fees: 2070.00

Schools

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

Lot Info

  • Parcel Number: 0011081031
  • Lot Features: Sidewalk, Street Paved
  • Lot Size Square Meters: 2423

Rental Info

  • Minimum Lease: 3 Months
  • Additional Lease Restrictions: Tenant can not have a pet.
  • Lease Restrictions: Yes
  • Pets Allowed: Number Limit, Size Limit, Yes

Multi Family

  • Approval Process: Application with fee.
  • Waterfront Features: Beach - Private

Tax Info

  • Tax Annual Amount: 16162.43
  • Tax Book Number: 28-25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 15, 2021
Sold by
Dougan Camille C and Schuerlein Teri A
Bought by
Larson James R and Larson Teresa B
Seller's Agent
Bruce Myer
COLDWELL BANKER REALTY
Buyer's Agent
Michael Renick
MANGROVE REALTY ASSOCIATES
List Price
$1,995,000
Sold Price
$2,000,000
Premium/Discount to List
$5,000
0.25%
Current Estimated Value
$2,660,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$660,710
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Feb 6, 2020
Sold by
Dougan Camille C and Dougan George W
Bought by
Dougan Camille C and Dougan George W

Purchase Details

Closed on
Mar 6, 2003
Sold by
Goodfriend M D and Goodfriend Shirlie B
Bought by
Dougan George W and Dougan Camille C
Source: Public Records

Range of Values:

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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
Larson James R $2,000,000 Attorney
Dougan Camille C -- Attorney
Dougan George W $1,400,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2021 03/15/21 Sold $2,000,000 +0.3% $775 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $1,995,000 0.0% $773 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $1,995,000 0.0% $773 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $1,995,000 -- $773 / 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 $32,217 $2,484,257 -- --
2023 $32,217 $2,411,900 $0 $2,411,900
2022 $27,973 $2,030,500 $0 $2,030,500
2021 $15,977 $1,138,439 $0 $0
2020 $16,162 $1,122,721 $0 $0
2019 $15,393 $1,097,479 $0 $0
2018 $15,204 $1,077,016 $0 $0
2017 $15,140 $1,054,864 $0 $0
2016 $15,117 $1,268,100 $0 $1,268,100
2015 $15,434 $1,249,400 $0 $1,249,400
2014 $15,435 $1,002,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4486293

Stellar MLS

APN: 0011-08-1031