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Sold for $2,593,500
  • $2,593,500

    535 Sanctuary Dr APT C507, Longboat Key, FL 34228

    3beds
    2,580sqft
    Condominium
    Built in 1990
    -- sqft lot
    $2,548,400 Zestimate®
    $1,005/sqft
    $7,827 Estimated rent

    Home value

    $2,548,400

    $2.29M - $2.85M

    $7,827/mo

    Zestimate® history
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    What's special

    Step into unparalleled Gulf-front luxury with this exquisite residence on the fifth floor of coveted Building IV at The Sanctuary. This Furnished, move-in-ready three-bedroom retreat spans nearly 2,600 square feet, offering stunning panoramic views of the Gulf, Longboat Key Club’s golf course, Sarasota Bay, and the downtown city skyline. This beach-to-bay residence features new (2018) turtle-proof impact windows and sliders that frame these breathtaking vistas, creating an inviting and sunlit living space. Upon entering, you'll be greeted by the expansive open-concept living and dining area, stretching 35 feet and seamlessly connecting to the Gulf-front terrace. This outdoor space extends the living area, making it perfect for relaxation or entertaining. The adjacent eat-in kitchen is a equipped with double built-in ovens, a pantry, and laundry closet. A charming dining nook surrounded by bay windows offers access to an east-facing terrace, enhancing the home's light-filled ambiance. The secluded primary suite, located on the west side of the residence, is a true retreat. It boasts stunning beach views, walk-in closet, marble bathroom, and direct access to the west terrace where you can enjoy breathtaking sunsets. Two additional guest bedrooms, one of which is en-suite, are thoughtfully placed on the east side to ensure privacy and comfort for visitors. This special residence comes complete with under-building parking, plus additional owner’s storage (additional parking space is available for purchase separately). The Sanctuary offers a resort-style lifestyle within the gated Longboat Key Club community. Residents can enjoy a Gulfside swimming pool with cabanas, an extensive sundeck, and an outdoor bar, as well as a heated pool and spa. The community also features tennis courts, a state-of-the-art fitness center, and a variety of clubhouse activities. A boardwalk provides direct access to the pristine beach, while a 24-hour manned guard gate and on-site management ensure security and convenience. For an enhanced lifestyle, consider joining the renowned Longboat Key Club, available for purchase separately. Membership grants access to world-class amenities, including immaculate golf courses, top-tier tennis facilities, a resort-style pool deck, a fully equipped fitness center, rejuvenating spa services, exquisite dining options, and premier marina facilities. Embrace this unique opportunity to live in a sophisticated coastal paradise where luxury and natural beauty come together at The Sanctuary.

    Zillow last checked:

    Listing updated:

    Listed by:

    Roger Pettingell 941-383-6411,

    COLDWELL BANKER REALTY 941-383-6411

    Bought with:

    Roger Pettingell, 0499842

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4617297MLS 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: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Dimensions: 18x15
    Bedroom 2
    • Features: Ceiling Fan(s), En Suite Bathroom, Built-in Closet
    • Level: First
    Bedroom 3
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    Primary bathroom
    • Features: Bidet, Built-In Shelving, Dual Sinks, En Suite Bathroom, Stone Counters, Tub with Separate Shower Stall, Water Closet/Priv Toilet
    • Level: First
    • Dimensions: 10x15
    Balcony porch lanai
    • Level: First
    • Dimensions: 21x10
    Dinette
    • Level: First
    • Dimensions: 12x9
    Great room
    • Features: Built-In Shelving
    • Level: First
    • Dimensions: 35x22
    Kitchen
    • Features: Built-In Shelving, Pantry, Kitchen Island, Tall Countertops
    • Level: First
    • Dimensions: 17x12
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
    • Laundry: Inside, Laundry Closet
    Features
    • Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Walk-In Closet(s)
    • Flooring: Carpet, Tile, Hardwood
    • Doors: Outdoor Grill, Sliding Doors
    • Windows: Storm Window(s), Window Treatments, Hurricane Shutters/Windows
    • Has fireplace: Yes
    • Fireplace features: Electric, Living Room
    • Furnished: Yes
    Interior area
    • Total structure area: 3,145
    • 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, Outdoor Grill, 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, Tennis Court, 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
    Lot
    • Features: FloodZone, In County, Landscaped, Near Golf Course, Near Marina, Private, Sidewalk
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Cabana, Storage, Tennis Court(s)
    • Parcel number: 0011083038
    • Zoning: MUC2
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Custom
    • Property subtype: Condominium
    Materials
    • Concrete
    • Foundation: Raised
    • Roof: Concrete
    Condition
    • New construction: No
    • Year built: 1990
    Details
    • Builder model: CARLYLE

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected

    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, Special Community Restrictions
    • Security: Fire Sprinkler System, Gated Community, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: SANCTUARY IV
    HOA
    • Has HOA: Yes
    • Amenities included: 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
    • 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: $2,768 monthly
    • HOA name: SANCTUARY COMMUNITY ASSOCIATION
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $1,005/sqft
    • Tax assessed value: $2,160,900
    • Annual tax amount: $15,534
    • Date on market: 7/22/2024
    • Cumulative days on market: 52 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Brick, Paved

    Price history

    DateEventPrice
    10/21/2024Sold$2,593,500-7.2%$1,005/sqft
    Source: Stellar MLS #A4617297 Report a problem
    9/12/2024Pending sale$2,795,000$1,083/sqft
    Source: Stellar MLS #A4617297 Report a problem
    9/7/2024Price change$2,795,000-6.8%$1,083/sqft
    Source: Stellar MLS #A4617297 Report a problem
    8/23/2024Price change$2,999,999-9%$1,163/sqft
    Source: Stellar MLS #A4617297 Report a problem
    7/22/2024Listed for sale$3,295,000+120.4%$1,277/sqft
    Source: Stellar MLS #A4617297 Report a problem
    9/22/2016Sold$1,495,000$579/sqft
    Source: Stellar MLS #A4151684 Report a problem
    8/11/2016Pending sale$1,495,000$579/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    7/13/2016Price change$1,495,000-3.2%$579/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    6/23/2016Price change$1,545,000-3.1%$599/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    4/16/2016Listed for sale$1,595,000$618/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$28,151 +3.1%$2,160,900 +6%
    2024$27,313 +75.8%$2,038,900 +72.4%
    2023$15,534 +1.6%$1,182,897 +3%
    2022$15,290 -2.2%$1,148,444 +3%
    2021$15,637 -1.1%$1,114,994 +1.4%
    2020$15,818 -7.8%$1,099,600 -6.8%
    2019$17,148 $1,180,200 +4.2%
    2018$17,148 +3.4%$1,133,100
    2017$16,581 -2.1%$1,133,100
    2016$16,936 $1,133,100 +1.5%
    2015$16,936 +7.6%$1,116,400 +28.3%
    2014$15,745 +20.6%$870,300
    2013$13,055 +2.5%$870,300 +0.2%
    2012$12,737 +10.6%$868,300 +8.9%
    2011$11,514 -14.2%$797,000 -11.8%
    2010$13,419 -14.6%$903,700 -11.6%
    2009$15,721 $1,022,000 -8.9%
    2008$15,721 -9.7%$1,122,200 -9.8%
    2007$17,401 $1,244,000 -13.6%
    2006-- $1,440,500 +11%
    2005-- $1,297,740 +12.6%
    2004$18,698 +1.4%$1,153,000 +7%
    2003$18,434 +13%$1,077,600 +19.1%
    2002$16,318 +41.1%$904,500 +35%
    2001$11,566 +0.7%$670,014 +3%
    2000$11,485 $650,499
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

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    Estimated market value
    $2,548,400
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    Estimated market value
    $2,548,400