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For sale
  • Price cut: $100K (6/2)
    $2,899,000

    535 Sanctuary Dr APT A603, Longboat Key, FL 34228

    3beds
    2,375sqft
    : 
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    Condominium
    Built in 1990
    -- sqft lot
    $-- Zestimate®
    $1,221/sqft
    $3,103/mo HOA

    What's special

    Heated pool and spaHar-tru tennis courtsStunning gulf viewsSweeping wrap-around terracesExclusive gulf-side enclaveGourmet kitchenSpa-inspired bath
    Welcome to refined coastal living at The Sanctuary—an exclusive gulf-side enclave tucked behind the gates of the Longboat Key Club. This beautifully updated 6th-floor residence offers 2BR plus den, 2.5BA, and over 2,375± sq. ft. of sophisticated interiors paired with sweeping wrap-around terraces that capture panoramic views of the Gulf of Mexico, the Links golf course, and the Sarasota skyline. Thoughtfully renovated with a designer’s eye, the residence showcases rich wood flooring, high-impact glass throughout, and light-filled living spaces that seamlessly connect indoors and out. The gourmet kitchen is both stylish and functional, featuring crisp cabinetry, solid-surface countertops, stainless appliances, and a center island ideal for casual dining or entertaining. The primary suite is a private retreat with terrace access, stunning Gulf views, a spacious walk-in closet, and a spa-inspired bath. Guests are comfortably accommodated in a separate suite, while the den offers flexibility for a home office or additional sleeping space. Residents enjoy a true resort lifestyle with private deeded beach access just steps away, 24-hour gated security, under-building parking, on-site management, heated pool and spa, Har-Tru tennis courts, and a fitness center. Ownership also places you within the coveted Longboat Key Club, with world-class golf, tennis, and beachfront amenities. Perfectly positioned on the south end of Longboat Key, you’re just minutes from the renowned shopping, dining, and social scene of St. Armands Circle, along with the vibrant arts, culture, and waterfront restaurants of downtown Sarasota. For those seeking a luxury Gulf Coast lifestyle defined by elegance, privacy, and activity, this exceptional residence delivers. Schedule your private showing today and experience The Sanctuary at Longboat Key firsthand. Bonus space is currently set up as a den with sleeper sofa and sliding door for privacy but can easily be converted back to a third bedroom with closet”.
    91 days
    |
    175
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Steve Walter 941-809-0907,

    MICHAEL SAUNDERS & COMPANY 941-383-7591,

    Janet Walter 941-232-2000,

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4689260MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Den/Library/Office, Utility Room
      Primary bedroom
      • Features: Ceiling Fan(s), Walk-In Closet(s)
      • Level: First
      • Area: 252 Square Feet
      • Dimensions: 18x14
      Bedroom 2
      • Features: Ceiling Fan(s), Built-in Closet
      • Level: First
      • Area: 192 Square Feet
      • Dimensions: 16x12
      Den
      • Features: Ceiling Fan(s), No Closet
      • Level: First
      • Area: 180 Square Feet
      • Dimensions: 15x12
      Great room
      • Features: Ceiling Fan(s), No Closet
      • Level: First
      • Area: 558 Square Feet
      • Dimensions: 31x18
      Kitchen
      • Level: First
      • Area: 276 Square Feet
      • Dimensions: 23x12
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Oven, Dishwasher, Dryer, Electric Water Heater, Freezer, Range, Refrigerator, Washer
      • Laundry: Inside, Laundry Room
      Features
      • Ceiling Fan(s), Eating Space In Kitchen, Elevator, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat
      • Flooring: Carpet, Ceramic Tile, Engineered Hardwood
      • Doors: Sliding Doors
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total structure area: 3,125
      • Total interior livable area: 2,375 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned, Covered, Deeded, Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Ground Level, Guest, Open, Portico, Reserved, Under Building
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Front Porch, Patio, Porch, Rear Porch, Wrap Around
      • Exterior features: Balcony, Tennis Court(s)
      • Pool features: Deck, Gunite, Heated, In Ground, Lighting, Outside Bath Access, Tile
      • Has spa: Yes
      • Has view: Yes
      • View description: City, Water, Bay/Harbor - Full, Bay/Harbor - Partial, Gulf/Ocean - Partial, Intracoastal Waterway
      • Has water view: Yes
      • Water view: Water,Bay/Harbor - Full,Bay/Harbor - Partial,Gulf/Ocean - Partial,Intracoastal Waterway
      • Waterfront features: Beach, Beach Access, Beach - Access Deeded
      Lot
      • Features: CoastalConstruction Control Line, FloodZone, Landscaped
      Details
      • Parcel number: 0011083042
      • Zoning: MUC2
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Concrete, Stucco
      • Foundation: Slab
      • Roof: Concrete,Membrane
      Condition
      • Completed
      • New construction: No
      • Year built: 1990

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities

      Community & HOA

      Community
      • Features: Community Mailbox, Fitness Center, Gated Community - Guard, Pool, Tennis Court(s)
      • Security: Gated Community, Security Gate
      • Pet fee: $0 monthly
      • Subdivision: SANCTUARY IV LONGBOAT KEY
      HOA
      • Has HOA: No
      • Amenities included: Cable TV, Elevator(s), Fitness Center, Pool, Security, Tennis Court(s)
      • Services included: Other
      • HOA fee: $3,103 monthly
      • HOA name: Lisa Heath
      • HOA phone: 941-383-6021
      • Second HOA name: The Sanctuary Community Association
      Location
      • Region: Longboat Key

      Financial & listing details

      • Price per square foot: $1,221/sqft
      • Tax assessed value: $2,533,000
      • Annual tax amount: $33,877
      • Date on market: 4/21/2026
      • Cumulative days on market: 92 days
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Brick, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/2/2026Price change$2,899,000-3.3%$1,221/sqft
        Source: Stellar MLS #A4689260 Report a problem
        4/21/2026Listed for sale$2,999,0000%$1,263/sqft
        Source: Stellar MLS #A4689260 Report a problem
        2/8/2023Sold$3,000,000-6.1%$1,263/sqft
        Source: Public Record Report a problem
        1/11/2023Pending sale$3,195,000$1,345/sqft
        Source: Stellar MLS #A4554639 Report a problem
        12/16/2022Listed for sale$3,195,000-4.6%$1,345/sqft
        Source: Stellar MLS #A4554639 Report a problem
        12/10/2022Listing removed--
        Source: Stellar MLS #A4549116 Report a problem
        10/4/2022Listed for sale$3,350,000+329.5%$1,411/sqft
        Source: Stellar MLS #A4549116 Report a problem
        1/11/2013Sold$780,000-17.8%$328/sqft
        Source: Public Record Report a problem
        11/2/2012Price change$949,000-4.6%$400/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A3965005 Report a problem
        8/29/2012Listed for sale$995,000$419/sqft
        Source: COLDWELL BANKER RES R E #A3965005 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$33,878 +3.7%$2,533,000 +4.5%
        2024$32,664 +66.4%$2,423,800 +64.8%
        2023$19,635 +1.6%$1,470,737 +3%
        2022$19,334 +43.6%$1,427,900 +56.3%
        2021$13,464 +4.5%$913,600 +7.3%
        2020$12,884 -9.2%$851,400 -11.6%
        2019$14,193 $963,500 +4.4%
        2018$14,193 +3.6%$923,000
        2017$13,700 -3.5%$923,000
        2016$14,201 $923,000 +1.5%
        2015$14,201 $909,400 +32.4%
        2014$14,201 +37.8%$686,800
        2013$10,302 +15.3%$686,800 +5.5%
        2012$8,937 +4.8%$650,905 +3%
        2011$8,526 -1.2%$631,947 +1.5%
        2010$8,626 +9.3%$622,608 +2.7%
        2009$7,890 $606,240 +0.1%
        2008$7,890 +1.1%$605,634 +3%
        2007$7,805 $587,994 +2.5%
        2006-- $573,653 +3%
        2005-- $556,945 +3%
        2004$8,283 -3.3%$540,723 +1.9%
        2003$8,564 -3.7%$530,641 +2.4%
        2002$8,889 +6.3%$518,204 +1.6%
        2001$8,364 +0.9%$510,043 +3%
        2000$8,293 $495,187
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 34228

        Getting around

        10 / 100
        Car-Dependent
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Southside Elementary
        • Middle: Booker Middle
        • High: Booker High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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