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For sale
  • Price cut: $395K (7/31)
    $2,100,000

    545 SANCTUARY DRIVE #B305, LONGBOAT KEY, FL 34228

    3beds
    2,580sqft
    : 
    $16,337/mo
    Get pre-qualified
    Condominium
    Built in 1991
    -- sqft lot
    $-- Zestimate®
    $814/sqft
    $3,527/mo HOA

    What's special

    Fire pit loungeStunning sunsets by nightLighted har-tru tennis courtsSerene primary suiteGenerous walk-in closet spaceOutdoor whirlpool
    NEWLY PRICED AT $2,100,000 ! Just reduced by $295,000 from the original asking price, this substantial savings willallow buyers an opportunity and an added incentive to create their own Beach Front Dream Home. Behind the gates of the Longboat Key Club, The Sanctuary is one of Longboat Key Island's most coveted beachfront addresses. This spacious and elegant vacation home at 545 Sanctuary Drive Building III B305 offers spectacular, full on, panoramic Gulf of Mexico waterfront views by day and stunning sunsets by night. You will enjoy these views from the spacious living room, the 21 foot long covered terrace and from the serene primary suite plus the soothing sounds of the surf, you are that close to the sea! The spacious primary bedroom suite is a private retreat featuring generous walk-in closet space and a spa-inspired ensuite bath with dual vanities, a soaking tub & a walk-in shower. This unique Carlyle floor plan also includes a second east facing terrace accessible from the charming second guest bedroom, the third bedroom and kitchen. This third floor beach retreat features three bedrooms and 2 full baths & one half bath with over 3,000 square feet of total living area. The kitchen offers light wood cabinetry, double ovens, granite countertop and a tile backsplash. Offering high quality furnishings, this lovely home is being sold turnkey. There are electric storm shutters on all sliding doors, one under building garage space and a climate controlled storage cage. Residents of The Sanctuary enjoy an exclusive resort lifestyle with 1,200 feet of pristine beachfront, a heated Olympic size pool with a 25 meter lap lane, outdoor whirlpool, fire pit lounge, lighted Har-Tru tennis courts & a state of the art fitness center with saunas. The updated clubhouse features a fully equipped kitchen & an entertainment room plus on -site management, 24 hour security gate & 18 acres of meticulously maintained tropical grounds. Optional membership to the nearby private Longboat Key Club allows access to superior golf courses, five private restaurants, a wellness center & spa, tennis garden & pickleball courts, a deep water marina & private beach club.
    216 days
    326
    18

    Zillow last checked:

    Listing updated:

    Listed by:

    Maruta Miluns 941-374-9702,

    MICHAEL SAUNDERS & COMPANY 941-383-7591

    Source: Stellar MLS,MLS#: A4681142MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 270 Square Feet
      • Dimensions: 18x15
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Area: 192 Square Feet
      • Dimensions: 16x12
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      • Area: 228 Square Feet
      • Dimensions: 19x12
      Bathroom 1
      • Features: Dual Sinks, No Closet
      • Level: First
      Balcony porch lanai
      • Level: First
      • Area: 210 Square Feet
      • Dimensions: 21x10
      Dining room
      • Features: No Closet
      • Level: First
      • Area: 108 Square Feet
      • Dimensions: 12x9
      Great room
      • Features: No Closet
      • Level: First
      • Area: 748 Square Feet
      • Dimensions: 34x22
      Kitchen
      • Features: Kitchen Island
      • Level: First
      • Area: 348 Square Feet
      • Dimensions: 29x12
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Elevator, Living Room/Dining Room Combo, Solid Wood Cabinets, Thermostat, Walk-In Closet(s)
      • Flooring: Carpet, Ceramic Tile, Marble
      • Doors: Outdoor Grill, Outdoor Shower, Sliding Doors
      • Windows: Window Treatments, Hurricane Shutters
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 3,180
      • Total interior livable area: 2,580 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Covered, Deeded, Garage Door Opener, Guest, Under Building
      • Attached garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Balcony, Garden, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox, Sprinkler Metered, Storage, Tennis Court(s)
      • Has view: Yes
      • View description: Park/Greenbelt, Pool, Water, Gulf/Ocean - Full
      • Has water view: Yes
      • Water view: Water,Gulf/Ocean - Full
      • Waterfront features: Gulf/Ocean Front, Waterfront, Gulf/Ocean, Beach - Access Deeded, Gulf/Ocean Access
      • Body of water: GULF OF MEXICO
      Lot
      • Features: FloodZone, In County, Near Golf Course, Sidewalk
      Details
      • Additional structures: Tennis Court(s)
      • Parcel number: 0011084010
      • Zoning: MUC2
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Concrete
      • Foundation: Stem Wall
      • 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 Connected, Electricity Connected, Public, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Features: Gulf/Ocean Front, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Gated Community - Guard, Pool, Special Community Restrictions, Tennis Court(s)
      • Security: Gated Community, Security Gate, Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: SANCTUARY III
      HOA
      • Has HOA: Yes
      • Amenities included: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Tennis Court(s)
      • Services included: Cable TV, Community Pool, Reserve Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
      • HOA fee: $3,527 monthly
      • HOA name: Sanctuary Office
      • HOA phone: 941-383-6021
      Location
      • Region: Longboat Key

      Financial & listing details

      • Price per square foot: $814/sqft
      • Tax assessed value: $1,988,800
      • Annual tax amount: $25,314
      • Date on market: 2/4/2026
      • Cumulative days on market: 217 days
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/31/2026Price change$2,100,000-15.8%$814/sqft
        Source: Stellar MLS #A4681142 Report a problem
        2/4/2026Listed for sale$2,495,000+61%$967/sqft
        Source: Stellar MLS #A4681142 Report a problem
        6/6/2017Listing removed$1,550,000$601/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        12/16/2016Listed for sale$1,550,000+82.4%$601/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        12/1/1994Sold$850,000$329/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$25,314 +6.6%$1,794,430 +10%
        2024$23,752 -0.9%$1,631,300 +10%
        2023$23,974 +13.1%$1,483,000 +10%
        2022$21,200 +14.1%$1,348,182 +10%
        2021$18,582 +10.1%$1,225,620 +10%
        2020$16,874 -10.5%$1,114,200 -12.9%
        2019$18,846 $1,278,700 +4.1%
        2018$18,846 +3.3%$1,228,500
        2017$18,243 -3.1%$1,228,500
        2016$18,817 $1,228,500 +1.5%
        2015$18,817 +7.6%$1,210,400 +22.1%
        2014$17,490 +17.6%$991,500
        2013$14,873 +2.4%$991,500 +0.1%
        2012$14,527 +7.9%$990,300 +6.3%
        2011$13,464 -14.2%$932,000 -11.8%
        2010$15,691 -17.9%$1,056,700 -11.6%
        2009$19,101 $1,195,000 -12.4%
        2008$19,101 -11.4%$1,363,500 -11.5%
        2007$21,558 $1,541,200 -3%
        2006-- $1,588,900 +11%
        2005-- $1,431,480 +10.6%
        2004$20,996 +1.4%$1,294,700 +7%
        2003$20,698 +9.6%$1,210,000 +15.6%
        2002$18,891 +41.1%$1,047,100 +35%
        2001$13,390 +7.5%$775,664 +10%
        2000$12,450 $705,149
        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.
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        Climate risks

        Neighborhood: 34228

        Getting around

        14 / 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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