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Sold for $2,300,000
  • $2,300,000

    535 Sanctuary Dr APT A602, Longboat Key, FL 34228

    3beds
    2,580sqft
    Condominium
    Built in 1990
    -- sqft lot
    $2,268,600 Zestimate®
    $891/sqft
    $7,827 Estimated rent

    Home value

    $2,268,600

    $2.06M - $2.50M

    $7,827/mo

    Zestimate® history
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    What's special

    Large center islandFloor to ceiling slidersGranite countersSeparate laundry roomCity and bay viewsBreakfast nookGarden tub
    Welcome to paradise! This 3 bedroom floor plan offers Northwest and Southeast terraces boasting direct beach and sunset views from the great room and primary suite along with City and Bay views from the kitchen, den and guest bedroom. Floor to ceiling sliders showcase the big views at both ends and provide a bright welcoming atmosphere. The kitchen features a large center island, breakfast nook, granite counters, built-in desk, abundant cabinet space and all the conveniences to create memorable meals. Retreat to the primary suite where owners are pampered with terrace access, sunset views over the water, a walk-in closet and a spacious primary bath with separate shower, garden tub, dual vanities and water closet. Visitors will be comfortable staying in the ensuite guest bedroom that shares the Southeast terrace with the kitchen and 3rd bedroom that can also be used as a den. Other highlights include a separate laundry room with sink, an under building parking space, high speed fiber optic internet access and a smartphone app for easy tenant/guest access to the gates and building. 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, drainpipes re-lined in 2024 and pool decking replaced in 2024. Building passed the Milestone Structural Integrity Inspection.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ian Addy, PA 941-961-8850,

    MICHAEL SAUNDERS & COMPANY 941-383-7591

    Bought with:

    Bruce Myer, 0342109

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4647105MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Great Room, Utility Room, Storage Rooms
    Primary bedroom
    • Features: Bidet, Ceiling Fan(s), Dual Sinks, En Suite Bathroom, Makeup/Vanity Space, Tub with Separate Shower Stall, Water Closet/Priv Toilet, Walk-In Closet(s)
    • Level: First
    • Area: 288 Square Feet
    • Dimensions: 18x16
    Bedroom 2
    • Features: Ceiling Fan(s), En Suite Bathroom, Makeup/Vanity Space, Tub With Shower, Built-in Closet
    • Level: First
    • Area: 192 Square Feet
    • Dimensions: 16x12
    Balcony porch lanai
    • Level: First
    • Area: 210 Square Feet
    • Dimensions: 21x10
    Balcony porch lanai
    • Level: First
    • Area: 250 Square Feet
    • Dimensions: 25x10
    Den
    • Features: Built-In Shelving, Ceiling Fan(s)
    • Level: First
    • Area: 198 Square Feet
    • Dimensions: 18x11
    Great room
    • Features: Built-In Shelving
    • Level: First
    • Area: 777 Square Feet
    • Dimensions: 37x21
    Kitchen
    • Features: Ceiling Fan(s), Pantry, Built-in Features, Exhaust Fan, Granite Counters, Kitchen Island
    • Level: First
    • Area: 187 Square Feet
    • Dimensions: 17x11
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
    • Flooring: Carpet, Tile
    • Doors: Sliding Doors
    • Has fireplace: No
    Interior area
    • Total structure area: 3,180
    • Total interior livable area: 2,580 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Circular Driveway, Garage Door Opener, Guest, Oversized, Portico, Under Building
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Front Porch, Rear Porch
    • Exterior features: Balcony, Irrigation System, Lighting, Sidewalk, Storage, Tennis Court(s)
    • Pool features: Deck, Gunite, Heated, In Ground, Lighting, Outside Bath Access
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: City, Golf Course, Pool, Water, Bay/Harbor - Full, Beach, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Full,Beach,Gulf/Ocean - Full
    • Waterfront features: Gulf/Ocean Front, Waterfront, Beach, Gulf/Ocean, Beach Access, Beach - Access Deeded, Gulf/Ocean Access
    • Body of water: THE GULF
    Lot
    • Size: 0.91 Acres
    • Features: CoastalConstruction Control Line, FloodZone, Landscaped, Near Golf Course, Sidewalk
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Cabana, Storage, Tennis Court(s)
    • Parcel number: 0011083041
    • Zoning: MUC2
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Custom
    • Property subtype: Condominium
    Materials
    • Concrete, Stucco
    • Foundation: Pillar/Post/Pier
    • Roof: Concrete
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Public

    Community & HOA

    Community
    • Features: Gulf/Ocean Front, Water Access, Waterfront, 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)
    • Security: Gated Community
    • Pet fee: $0 monthly
    • Subdivision: SANCTUARY IV
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
    • Services included: 24-Hour Guard, Cable TV, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
    • HOA fee: $3,160 monthly
    • HOA name: Sanctuary IV/Cathy Yax
    • HOA phone: 941-383-6021
    • Second HOA name: Sanctuary Community Association Inc.
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $891/sqft
    • Tax assessed value: $2,100,800
    • Annual tax amount: $14,516
    • Date on market: 4/3/2025
    • Cumulative days on market: 225 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Brick

    Price history

    DateEventPrice
    1/6/2026Sold$2,300,000-11.5%$891/sqft
    Source: Stellar MLS #A4647105 Report a problem
    11/17/2025Pending sale$2,599,000$1,007/sqft
    Source: Stellar MLS #A4647105 Report a problem
    8/21/2025Price change$2,599,000-5.5%$1,007/sqft
    Source: Stellar MLS #A4647105 Report a problem
    4/3/2025Listed for sale$2,749,900$1,066/sqft
    Source: Stellar MLS #A4647105 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,516 +2.2%$1,115,408 +2.9%
    2024$14,205 +1.7%$1,083,973 +3%
    2023$13,962 +1.1%$1,052,401 +3%
    2022$13,805 -2.2%$1,021,749 +3%
    2021$14,110 -1.1%$991,989 +1.4%
    2020$14,270 +4.9%$978,293 +2.3%
    2019$13,602 $956,298 +1.9%
    2018$13,602 +1.2%$938,467 +2.1%
    2017$13,435 +0.5%$919,165 -19.2%
    2016$13,366 $1,137,700 +1.5%
    2015$13,366 +0%$1,120,900 +28.3%
    2014$13,365 +6.5%$873,800
    2013$12,549 +3.5%$873,800 +1.2%
    2012$12,121 +4.7%$863,449 +3%
    2011$11,572 -14.7%$838,300 -11.8%
    2010$13,563 -24.5%$950,600 -11.6%
    2009$17,955 $1,075,000 -18.5%
    2008$17,955 -8.7%$1,319,600 -7.8%
    2007$19,674 $1,432,000 -3%
    2006-- $1,476,300 +11%
    2005-- $1,329,980 +12.7%
    2004$19,133 +1.4%$1,179,800 +7%
    2003$18,861 +15.1%$1,102,600 +21.4%
    2002$16,392 +41.1%$908,600 +35%
    2001$11,618 +0.7%$673,035 +3%
    2000$11,537 $653,432
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

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    Estimated market value
    $2,268,600
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    Estimated market value
    $2,268,600