Prepare to be wowed by the direct turquoise Gulf views from the oversized wraparound terrace, main living areas and primary bedroom. The chef’s kitchen is open to the main living area and offers state-of-the-art JennAir stainless steel appliances complete with built-in convection and steam ovens, oversized center island, wine refrigeration with storage and breakfast area. The massive primary suite showcases floor to ceiling windows with the same big Gulf views, access to the terrace, garden tub with separate shower and two walk-in closets. The main guest bedroom is ensuite with its own private terrace access and another walk-in closet. The 3rd bedroom is being used as a den with French doors opening to the living room, its own ensuite full bath with shower and dazzling Gulf views. Other bonus rooms include a laundry room located conveniently off the kitchen with sink, and an office nook with built-ins adjacent to the foyer. This residence comes with TWO under building parking spaces and a separate storage locker. 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, and pool decking replaced in 2024. Building passed the Milestone Structural Integrity Inspection.
Sold for $2,600,000
$2,600,000
545 Sanctuary Dr APT B204, Longboat Key, FL 34228
3beds
3,115sqft
Condominium
Built in 1991
-- sqft lot
$2,598,100 Zestimate®
$835/sqft
$7,124 Estimated rent
Home value
$2,598,100
$2.39M - $2.83M
$7,124/mo
Zestimate® history
Owner options
List your home for rent
$7,124/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$7,124/mo
Rent Zestimate®
Refinance and save
$20,073/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$20,073/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Oversized center islandFloor to ceiling windowsOversized wraparound terraceDirect turquoise gulf viewsPrivate terrace accessWine refrigeration with storageMassive primary suite
Zillow last checked:
Listing updated:
Listed by:
Ian Addy, PA 941-961-8850,
MICHAEL SAUNDERS & COMPANY 941-383-7591
Bought with:
Richard Perlman, 0634863
MICHAEL SAUNDERS & COMPANY
Source: Stellar MLS,MLS#: A4667288
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Den/Library/Office, Utility Room, Storage Rooms
Primary bedroom
- Features: Built-In Shelving, Built-In Shower Bench, Dual Sinks, En Suite Bathroom, Exhaust Fan, Garden Bath, Makeup/Vanity Space, Split Vanities, Stone Counters, Tub with Separate Shower Stall, Water Closet/Priv Toilet, Walk-In Closet(s)
- Level: First
- Area: 336 Square Feet
- Dimensions: 21x16
Bedroom 2
- Features: Exhaust Fan, Shower No Tub, Single Vanity, Walk-In Closet(s)
- Level: First
- Area: 192 Square Feet
- Dimensions: 16x12
Bedroom 3
- Features: Built-In Shelving, Tub With Shower, Built-in Closet
- Level: First
- Area: 192 Square Feet
- Dimensions: 16x12
Dinette
- Level: First
- Area: 130 Square Feet
- Dimensions: 13x10
Dining room
- Level: First
- Area: 140 Square Feet
- Dimensions: 14x10
Kitchen
- Features: Granite Counters, Kitchen Island, Pantry
- Level: First
- Area: 338 Square Feet
- Dimensions: 13x26
Living room
- Features: Built-In Shelving
- Level: First
- Area: 660 Square Feet
- Dimensions: 30x22
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Oven, Convection Oven, Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Laundry: Inside, Laundry Room
Features
- Built-in Features, Eating Space In Kitchen, Living Room/Dining Room Combo, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
- Flooring: Carpet, Marble, Tile
- Doors: Sliding Doors
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 3,940
- Total interior livable area: 3,115 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Circular Driveway, Driveway, Garage Door Opener, Guest, Oversized, Portico, Under Building
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Wrap Around
- 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: Pool, Water, Beach, Gulf/Ocean - Full
- Has water view: Yes
- Water view: Water,Beach,Gulf/Ocean - Full
- Waterfront features: Waterfront, Beach, Gulf/Ocean, Beach Access, Gulf/Ocean Access
- Body of water: GULF
Lot
- Size: 0.57 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: 0011084004
- 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: 1991
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Public, Underground Utilities
Community & HOA
Community
- Features: 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 III
HOA
- Has HOA: No
- 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: $3,361 monthly
- HOA name: Sanctuary III/Cathy Yax
- HOA phone: 941-383-6021
- Second HOA name: Sanctuary Community Association Inc.
- Second HOA phone: 941-383-6021
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $835/sqft
- Tax assessed value: $2,428,700
- Annual tax amount: $19,659
- Date on market: 10/31/2025
- Cumulative days on market: 179 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Road surface type: Brick
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Sold | $2,600,000-7.1%$835/sqft |
Source:  Stellar MLS #A4667288 Report a problem | ||
| 4/28/2026 | Pending sale | $2,799,000$899/sqft |
Source: Stellar MLS #A4667288 Report a problem | ||
| 3/30/2026 | Price change | $2,799,000-6.5%$899/sqft |
Source: Stellar MLS #A4667288 Report a problem | ||
| 2/23/2026 | Price change | $2,995,000-4.9%$961/sqft |
Source: Stellar MLS #A4667288 Report a problem | ||
| 10/31/2025 | Listed for sale | $3,150,000+80%$1,011/sqft |
Source: Stellar MLS #A4667288 Report a problem | ||
| 7/6/2007 | Sold | $1,750,000+40%$562/sqft |
Source: Public Record Report a problem | ||
| 7/7/2003 | Sold | $1,250,000+19.2%$401/sqft |
Source: Public Record Report a problem | ||
| 4/28/2000 | Sold | $1,049,000$337/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,658 +2.2% | $1,517,211 +2.9% |
| 2024 | $19,235 +1.7% | $1,474,452 +3% |
| 2023 | $18,908 +1.6% | $1,431,507 +3% |
| 2022 | $18,615 -2.2% | $1,389,813 +3% |
| 2021 | $19,041 -1.2% | $1,349,333 +1.4% |
| 2020 | $19,262 +10% | $1,330,703 +7% |
| 2019 | $17,512 | $1,243,307 +1.9% |
| 2018 | $17,512 +1.2% | $1,220,125 +2.1% |
| 2017 | $17,298 +11.2% | $1,195,029 -6.3% |
| 2016 | $15,557 | $1,275,300 +1.5% |
| 2015 | $15,557 +2.2% | $1,256,500 +27% |
| 2014 | $15,225 +6.5% | $989,700 |
| 2013 | $14,295 +2.4% | $989,700 +0.1% |
| 2012 | $13,963 -11.6% | $988,500 -12.6% |
| 2011 | $15,803 -1.2% | $1,130,634 +1.5% |
| 2010 | $15,996 +9.1% | $1,113,925 +2.7% |
| 2009 | $14,655 | $1,084,640 +0.1% |
| 2008 | $14,655 -28% | $1,083,556 -25.6% |
| 2007 | $20,362 | $1,455,700 -3% |
| 2006 | -- | $1,500,700 +11% |
| 2005 | -- | $1,351,950 +7.5% |
| 2004 | $20,389 +1.4% | $1,257,250 +7% |
| 2003 | $20,100 +7.9% | $1,175,000 +13.8% |
| 2002 | $18,633 +41.1% | $1,032,800 +35% |
| 2001 | $13,207 +7.5% | $765,074 +10% |
| 2000 | $12,280 | $695,522 |
Find assessor info on the county website
Neighborhood: 34228
Nearby homes
- $2,652,5003 bd4 ba3.1k sqft545 Sanctuary Dr APT A201, Longboat Key, FL 34228Off Market
- $2,834,9003 bd4 ba3.3k sqft545 Sanctuary Dr APT A202, Longboat Key, FL 34228Off Market
- $1,474,7003 bd2 ba2.3k sqft545 Sanctuary Dr APT A203, Longboat Key, FL 34228Off Market
- $1,710,0003 bd3 ba2.3k sqft545 Sanctuary Dr APT B206, Longboat Key, FL 34228Sold
- $2,953,6003 bd2 ba2.5k sqft545 Sanctuary Dr APT A302, Longboat Key, FL 34228Off Market
- $2,495,0003 bd3 ba2.5k sqft545 Sanctuary Dr APT B305, Longboat Key, FL 34228For Sale
- $3,092,8003 bd3 ba2.5k sqft545 Sanctuary Dr APT A402, Longboat Key, FL 34228Off Market
- $1,812,6003 bd3 ba2.3k sqft545 Sanctuary Dr APT B406, Longboat Key, FL 34228Off Market
Nearby schools
GreatSchools rating
- 10/10Southside Elementary SchoolGrades: K-5Distance: 4.3 mi
- 5/10Booker Middle SchoolGrades: 6-8Distance: 4.9 mi
- 3/10Booker High SchoolGrades: 9-12Distance: 4 mi
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
$2,598,100
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
$2,598,100
- Florida
- Sarasota County
- Longboat Key
- 34228
- 545 Sanctuary Dr Apartment B204
Nearby cities
Nearby zip codes
Other Longboat Key Topics
