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Sold for $4,775,000
  • $4,775,000

    535 Sanctuary Dr APT C408, Longboat Key, FL 34228

    3beds
    2,375sqft
    Condominium
    Built in 1990
    0.91 Acres Lot
    $4,413,500 Zestimate®
    $2,011/sqft
    $7,020 Estimated rent

    Home value

    $4,413,500

    $3.97M - $4.90M

    $7,020/mo

    Zestimate® history
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    $32,163/mo

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    $32,163/mo

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    What's special

    Panoramic beach views and breathtaking sunsets welcome you to this rarely available, direct Gulf-front Sanctuary residence. Walls of glass sliders that stretch from floor to ceiling in multiple rooms ensure that just about every corner of this fourth-floor beach retreat is bright and airy, with sunrise-to-sunset views as the star of the show. From almost any room in the home, you can look out to relish the coastal landscape of the Gulf of Mexico and lush community grounds. The nearly 2,400-square-foot interior is reminiscent of single-family living, ready for you to make it your own. The double-door foyer entry leads to the open-concept living/dining room, the eat-in kitchen is only steps away. A discreet split-bedroom layout is ideal for overnight visitors. The south-facing master is situated in a secluded spot, and comes complete with his/her walk-in closets, as well as en-suite bathroom with separate water closet. Guest quarters are located to the north, while the third bedroom is currently being used as a den. The sunny living space is connected to the wraparound Gulf-to-bay terrace by glass panels that conveniently open to outdoor entertaining from the great room, kitchen, den and master. Also includes one secure, under-building parking space and additional storage locker. Life at the Sanctuary offers residents an ideal resort-style lifestyle. Behind the renowned gates of Longboat Key Club, this pet-friendly neighborhood features Gulfside swimming pool deck with lap pool and heated spa, tennis, fitness, clubhouse activities, 24-hour manned guard gate entry and on-site management. A sunny walk will take you the reserved, extravagant lifestyle that members enjoy at Longboat Key Club.
    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Split Bedroom, Walk-In Closet(s), Elevator, Living Room/Dining Room Combo, Solid Surface Counters, Built in Features, Window Treatments
    • Flooring: Carpet, Hardwood
    • Windows: Blinds
    Interior area
    • Structure area source: Builder
    • Total interior livable area: 2,375 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Levels: One
    • Patio & porch: Patio, Wrap Around
    • Exterior features: Cement / Concrete
    • Pool features: Gunite, Heated, In Ground, Lighting
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Water, City
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Beach - Public, Gulf/Ocean
    • Body of water: GULF OF MEXICO
    Lot
    • Size: 0.91 Acres
    • Features: In County, Sidewalk, FloodZone, Street Private, Near Golf Course, Cul-de-sac, Near Marina
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 0011083031

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom, Elevated
    • Property subtype: Condominium
    Materials
    • concrete
    • Foundation: Piers
    • Roof: Other
    Condition
    • Year built: 1990
    Details
    • Builder model: B

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Phone Available, Sewer Connected, BB/HS Internet Available, Public, Underground Utilities, Cable Connected, Water Connected

    Community & HOA

    Community
    • Security: Secured Garage / Parking, Security Gate, Gated Community
    • Subdivision: SANCTUARY IV
    HOA
    • Has HOA: Yes
    • Amenities included: Cable, Clubhouse, Elevators, Fitness Center, Maintenance, Pool, Security, Spa/Hot Tub, Storage, Gated, Tennis Court(s), Vehicle Restrictions, Recreation Facilities
    • Services included: Community Pool, Maintenance Grounds, Recreational Facilities, Security, Trash, Cable TV, Insurance, Maintenance Exterior, Pool Maintenance, Sewer, Water, Private Road, Escrow Reserves Fund, 24-Hour Guard, Manager
    • HOA fee: $1,788 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $2,011/sqft
    • Tax assessed value: $3,165,100
    • Annual tax amount: $42,357
    • Listing terms: Cash, Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/15/2025Sold$4,775,000-3.5%$2,011/sqft
    Source: Public Record Report a problem
    12/10/2024Pending sale$4,950,000$2,084/sqft
    Source: Stellar MLS #A4630438 Report a problem
    11/27/2024Listed for sale$4,950,000+4.5%$2,084/sqft
    Source: Stellar MLS #A4630438 Report a problem
    12/9/2022Sold$4,737,500-2.8%$1,995/sqft
    Source: Public Record Report a problem
    10/30/2022Pending sale$4,875,000$2,053/sqft
    Source: Stellar MLS #A4550320 Report a problem
    10/24/2022Listed for sale$4,875,000+170.8%$2,053/sqft
    Source: Stellar MLS #A4550320 Report a problem
    12/8/2020Sold$1,799,933+0.3%$758/sqft
    Source: Stellar MLS #A4482333 Report a problem
    11/30/2020Pending sale$1,795,000$756/sqft
    Source: COLDWELL BANKER REALTY #A4482333 Report a problem
    11/22/2020Price change$1,795,000-5.3%$756/sqft
    Source: COLDWELL BANKER REALTY #A4482333 Report a problem
    10/29/2020Listed for sale$1,895,000$798/sqft
    Source: COLDWELL BANKER REALTY #A4482333 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$42,357 +11.5%$3,165,100 +12.4%
    2024$38,000 +1.8%$2,816,700 +3.2%
    2023$37,329 +77%$2,730,100 +76.1%
    2022$21,091 +16.1%$1,550,133 +22%
    2021$18,172 +9.9%$1,271,100 +16.4%
    2020$16,541 -19.4%$1,091,900 -21.7%
    2019$20,520 $1,393,900 +4.1%
    2018$20,520 +3.4%$1,338,600
    2017$19,854 -3.6%$1,338,600
    2016$20,593 $1,338,600 +1.5%
    2015$20,593 $1,318,800 +40.4%
    2014$20,593 +52.2%$939,000
    2013$13,535 +2.5%$939,000 +0.2%
    2012$13,207 -17.1%$937,000 -17.8%
    2011$15,929 -14.5%$1,139,400 -11.8%
    2010$18,640 +5.4%$1,292,000 -0.7%
    2009$17,678 $1,301,100 +0.1%
    2008$17,678 -18%$1,299,800 -15.7%
    2007$21,565 $1,541,700 -3%
    2006-- $1,589,400 +11%
    2005-- $1,431,860 +16.9%
    2004$19,869 +1.4%$1,225,200 +7%
    2003$19,587 +7.1%$1,145,000 +12.9%
    2002$18,290 +41.1%$1,013,800 +35%
    2001$12,963 +0.7%$750,970 +3%
    2000$12,873 $729,097
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

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

    Source: The 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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    Estimated market value
    $4,413,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,413,500