NOT LISTED FOR SALE

Sanctuary 565 Sanctuary Dr Unit B506 Floor 5 Longboat Key, FL 34228

Longboat Key Area

Estimated Value: $2,062,000 - $2,287,363

3 Beds
3 Baths
2,375 Sq Ft
0.6 Acre Lot

Sale Details

Date Sold: March 11, 2026

Last sale price $2,100,000 $884 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $16,179 / mo

9 Days on Market

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

As of March 2026

Positioned on the south side and fifth floor of Building 2 at Sanctuary at Longboat Key Club, Residence B506 offers a refined coastal lifestyle with sweeping views of the Gulf of Mexico, Sarasota Bay, and the Harbourside Golf Course. This corner residence spans approximately 2,375 square feet of interior living space, 700 square-foot balcony, and showcases a thoughtful three-bedroom, three-bath layout where every bedroom is en-suite.
The residence was enhanced with impact-rated windows and sliding glass doors in 2011, creating a quieter, more energy-efficient interior while framing expansive water and golf course vistas. The kitchen, updated in 2017, features custom cabinetry, a center island, farmhouse sink, tile backsplash, and a breakfast nook surrounded by bay windows—an inviting space for casual dining with morning light.
The primary suite is designed as a private retreat, complete with custom built-ins and a spa-inspired bath featuring quartz countertops, under-cabinet lighting, oversized tile flooring, dual vanities, soaking tub, glass-enclosed shower, and a private water closet. Guest suite two enjoys walls of oversized windows capturing sunny bay and golf course views, along with a built-in planning desk that discreetly tucks away and a quartz-finished bath with a dedicated vanity station. The third bedroom has been converted to a full en-suite with a custom Murphy bed, offering flexible use as a guest suite or home office.
Additional highlights include crown molding, wood and tile flooring, generous storage, and two under-building parking spaces. Sanctuary residents enjoy gated security, on-site management, resort-style amenities, and direct access to the private Longboat Key Club lifestyle.
Ideally located behind the guard gates of Longboat Key Club, the Sanctuary places residents minutes from the island’s pristine beaches, Bay Isles Beach Club, championship golf, tennis facilities, marinas, and the boutiques and dining of St. Armands Circle. Downtown Sarasota’s cultural attractions—including the Ringling Museum, Van Wezel Performing Arts Hall, Selby Gardens, and Marina Jack—are just a short drive away, offering the perfect balance of coastal serenity and vibrant city life.

Last Agent to Sell the Property

Roger Pettingell

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0499842 Listed on: 01/02/2026

COLDWELL BANKER REALTY

Last Buyer's Agent

Roger Pettingell

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0499842 Listed on: 01/02/2026

COLDWELL BANKER REALTY

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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Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,029

Year Built

  • Built in 1989

Lot Details

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

HOA Fees

  • $3,171 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • Deeded Parking

Property Views

  • Golf Course

Home Design

  • Custom Home
  • Elevated Home
  • Entry on the 5th floor
  • Pillar, Post or Pier Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 2,375 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Built-In Desk
  • Shelving
  • Bar Fridge
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Shades
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Dinette
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Makeup or Vanity Space
  • Split Vanities
  • Single Vanity
  • Private Water Closet
  • Bathtub With Separate Shower Stall
  • Shower
  • 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
  • Deeded access to the beach
  • Property is near a marina
  • Balcony
  • Wrap Around Porch
  • Exterior Lighting
  • Gazebo
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Property is near golf course

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Power Generator
  • Electric Water Heater
  • Phone Available
  • 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 II Condo Association, Phone Number (941) 383-6021
  • Visit Association Website
  • Longboat Key Club Association
  • Sanctuary II Subdivision
  • Sanctuary Community
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions, vehicle restrictions
  • 6-Story Property

Amenities

  • Community Mailbox
  • Community Storage Space
  • Elevator

Recreation

  • Golf Course Community
  • Recreation Facilities
  • Community Spa

Pet Policy

  • Pet Size Limit
  • 1 Pet Allowed
  • Dogs and Cats Allowed
  • Small pets allowed

Security

  • Security Guard
  • Card or Code Access
  • Gated Community
  • Storm Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,029

Year Built

Built in 1989

Lot Details

0.6 Acres

HOA Fees

$3,171 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, Elevated
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 2375
  • Lot Size Acres: 0.6
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 3125
  • Lot Size Sq Ft: 26120
  • Status: Sold
  • Ownership: Condominium
  • Entry Level: 5
  • Building Area Total Srch Sq M: 290.32
  • Escrow State: FL
  • Floor Number: 5
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 884.21
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit,Elevated,End Unit,Mid Rise
  • Water Frontage Feet Beach: 1
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front,Water Access,Waterfront
  • Attribution Contact: 941-383-6411
  • Tax Year: 2025
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, 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: 6
  • Window Features: Shades, Storm Window(s)
  • Additional Rooms: Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 220.64

Exterior Features

  • Direction Faces: East
  • Other Structures: Cabana, Gazebo, 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: Golf Course, Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Rear Porch, Wrap Around
  • Road Surface Type: Brick, Paved
  • Water Access: Beach - Access Deeded,Gulf/Ocean
  • Water View: Bay/Harbor - Full,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: Covered, Deeded, Garage Door Opener, Guest, Basement

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Electric Dryer Hookup, 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, Pool, Sidewalks, Special Community Restrictions, Tennis Court(s)
  • Association Amenities: Cable TV, 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 II CONDO ASSOCIATION
  • Phone: 941-383-6021
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Secured Garage/Parking, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Association: LONGBOAT KEY CLUB
  • Association Phone #2: 000-000-0000
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Pet Restrictions: 1 pet allowed. 30 lbs. max. Renters are not permitted to have pets.
  • Association Fee Requirement: Required
  • Condo Fees: 9514
  • Condo Land Included YN: 0
  • Association Email: info@lbksanctuary.com
  • Monthly Condo Fee Amount: 3171
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: https://www.lbksanctuary.com

Fee Information

  • Total Annual Fees: 38056.00
  • Total Monthly Fees: 3171.33
  • Monthly HOA Amount: 0.00

Lot Info

  • Zoning: MUC2
  • Parcel Number: 0011081029
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Landscaped, Near Golf Course, Near Marina, Oversized Lot, Sidewalk, Street Brick, Private
  • Flood Zone Code: AE

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: SEE DOCUMENTS

Tax Info

  • Tax Annual Amount: 12029.44
  • Tax Block: 506
  • Tax Book Number: 28-25
  • Tax Lot: 506

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: SEE DOCUMENTS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2026
Closed on
Mar 11, 2026
Sold by
Bullock and Bullock Gretchen
Bought by
Seller's Agent
Roger Pettingell
COLDWELL BANKER REALTY
Buyer's Agent
Roger Pettingell
COLDWELL BANKER REALTY
List Price
$2,195,000
Sold Price
$2,100,000
Premium/Discount to List
-$95,000
-4.33%
Views
3
Current Estimated Value
$2,173,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,219
Avg. Annual Appreciation
4.58%
Original Mortgage
$750,000
Outstanding Balance
$748,194
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$1,399,397

Purchase Details

Closed on
Mar 13, 2008
Sold by
Mlm Longboat Key Residence Llc
Bought by
Bullock John and Bullock Gretchen

Purchase Details

Closed on
Apr 1, 2004
Sold by
Morris Michael L
Bought by
Mlm Longboat Key Residence Llc

Purchase Details

Closed on
Mar 9, 2004
Sold by
Michael L Morris Revocable Trust and Morris Michael L
Bought by
Morris Michael L

Purchase Details

Closed on
Feb 3, 2004
Sold by
Morris Michael L and Morris Michelle G
Bought by
Morris Michael L and Michael L Morris Rev Tr

Purchase Details

Closed on
Aug 2, 2001
Sold by
R A B Ptnr L P
Bought by
Morris Michael L and Morris Michelle G

Purchase Details

Closed on
May 11, 2000
Sold by
Harris Jessie Lynne
Bought by
R A B Ptnr L P
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Longboat Key, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,100,000 Simplifile
Bullock John $1,300,000 Americo Title Company Llc
Mlm Longboat Key Residence Llc -- --
Morris Michael L -- --
Morris Michael L -- --
Morris Michael L $960,000 --
R A B Ptnr L P $925,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $750,000
Previous Owner Mlm Longboat Key Residence Llc $22,825,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/11/2026 03/11/26 Sold $2,100,000 -4.3% $884 / Sq Ft
01/11/2026 01/11/26 Pending -- -- --
01/02/2026 01/02/26 For Sale $2,195,000 -- $924 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $12,199 $956,180
2024 $11,990 $929,232
2023 $11,990 $902,167 $0 $0
2022 $11,802 $875,890 $0 $0
2021 $10,065 $713,000 $0 $713,000
2020 $10,386 $717,200 $0 $717,200
2019 $10,732 $758,292 $0 $0
2018 $10,599 $744,153 $0 $0
2017 $10,183 $708,887 $0 $0
2016 $10,164 $811,200 $0 $811,200
2015 $10,180 $799,300 $0 $799,300
2014 $10,178 $673,900 $0 $0
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: A4676664

Stellar MLS

APN: 0011-08-1029

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