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Off market
  • $1,812,600

    545 Sanctuary Dr APT B406, Longboat Key, FL 34228

    3beds
    2,375sqft
    Condo
    Built in 1991
    -- sqft lot
    $1,812,600 Zestimate®
    $763/sqft
    $7,330 Estimated rent

    Home value

    $1,812,600

    $1.61M - $2.05M

    $7,330/mo

    Zestimate® history
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    $7,330/mo

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    Rent Zestimate®

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    $12,897/mo

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    $12,897/mo

    Est. payment

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    What's special

    Welcome to luxury living at The Sanctuary behind the gates of the Longboat Key Club on south Longboat Key! Whether you're looking for a peaceful retreat or a permanent residence, this 3 bedroom, 2 1/2 bath beachfront paradise offers breathtaking views and resort-style amenities. From the moment you step across the threshold you are captivated by the massive views of the golf course and the downtown Sarasota city skyline through floor to ceiling walls of glass surrounding the wraparound corner terrace. This condo has been thoughtfully and professionally updated throughout with many highlights. The remodeled kitchen boasts Cucine Ricci cabinets that maximize space for storage with hidden features behind every soft close drawer and door that is satisfyingly organized and clutter free. The designer porcelain backsplash and quartz counters provide a clean, textured detail and compliment the high end appliances including a Miele built-in oven, microwave and warming drawer, a Wolf cooktop, Futuro hood, and Liebherr refrigerator with two freezer drawers. Watch the sunrise in the breakfast nook with coffee made by the Miele plumbed coffee station, or head out to the wraparound terrace and enjoy the morning gulf breeze. There is even a partial view of the azure gulf waters from the side terrace. The spacious great room features indirect lighting, designer La Grande switches, rich hardwood flooring and shades. The primary suite has a double door entry, views of the city with terrace access and pampers owners with dual vanities, under cabinet lighting, floor to ceiling artistic 6" tiled walls, high end fixtures from the Plumbing Place, glass enclosed shower, separate water closet and a custom built-in including a lighted vanity mirror. The primary closet has a 7 foot wide hanging clothes carousel and numerous drawers custom designed for all of your clothing storage needs. The ensuite guest bedroom is ideally situated on the other side of the residence for privacy and offers views of the golf course. The 3rd bedroom is located off the living room and is currently used as a den/library with built-in book shelving and a convenient 46 bottle Sub-Zero wine refrigerator adjacent to the main living area. More highlights include a laundry room with sink, cabinetry, stackable washer/dryer and TWO under building parking spots. 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 clubhouse 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. See Realtor remarks for closing date information.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • central
    Cooling
    • Central
    Features
    • Flooring: Tile, Carpet, Hardwood
    Interior area
    • Total interior livable area: 2,375 sqft

    Property

    Parking
    • Parking features: Garage, Open
    Features
    • Exterior features: Cement / Concrete
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 0011084017

    Construction

    Type & style
    • Home type: Condo
    Materials
    • concrete
    • Foundation: Piers
    • Roof: Other
    Condition
    • Year built: 1991

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $1,246 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $763/sqft
    • Tax assessed value: $1,705,700
    • Annual tax amount: $22,877

    Price history

    DateEventPrice
    7/1/2025Listing removed$2,199,995$926/sqft
    Source: Stellar MLS #A4631653 Report a problem
    5/30/2025Price change$2,199,995-4.3%$926/sqft
    Source: Stellar MLS #A4631653 Report a problem
    5/9/2025Price change$2,300,000-6.1%$968/sqft
    Source: Stellar MLS #A4631653 Report a problem
    4/22/2025Price change$2,450,000+29%$1,032/sqft
    Source: Stellar MLS #A4631653 Report a problem
    2/26/2025Price change$1,899,900-3.8%$800/sqft
    Source: Stellar MLS #A4631653 Report a problem
    12/16/2024Listed for sale$1,975,000+1.3%$832/sqft
    Source: Stellar MLS #A4631653 Report a problem
    8/20/2024Listing removed$1,949,000$821/sqft
    Source: Stellar MLS #A4576305 Report a problem
    7/1/2024Price change$1,949,000-2.1%$821/sqft
    Source: Stellar MLS #A4576305 Report a problem
    5/24/2024Price change$1,989,999-0.5%$838/sqft
    Source: Stellar MLS #A4576305 Report a problem
    2/21/2024Price change$1,999,999-9%$842/sqft
    Source: Stellar MLS #A4576305 Report a problem
    2/1/2024Price change$2,199,000-4.2%$926/sqft
    Source: Stellar MLS #A4576305 Report a problem
    12/6/2023Price change$2,295,000-4.2%$966/sqft
    Source: Stellar MLS #A4576305 Report a problem
    11/16/2023Price change$2,395,000-1.2%$1,008/sqft
    Source: Stellar MLS #A4576305 Report a problem
    11/3/2023Price change$2,425,000-2%$1,021/sqft
    Source: Stellar MLS #A4576305 Report a problem
    9/14/2023Listed for sale$2,475,000$1,042/sqft
    Source: Stellar MLS #A4576305 Report a problem
    9/1/2023Pending sale$2,475,000$1,042/sqft
    Source: Stellar MLS #A4576305 Report a problem
    7/12/2023Listed for sale$2,475,000+218.1%$1,042/sqft
    Source: Stellar MLS #A4576305 Report a problem
    8/2/2012Sold$778,000-8.5%$328/sqft
    Source: Public Record Report a problem
    6/14/2012Listed for sale$850,000$358/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$22,877 +123.3%$1,705,700 +116.2%
    2024$10,246 +1.8%$788,885 +3%
    2023$10,067 +1.6%$765,908 +3%
    2022$9,906 -2.1%$743,600 +3%
    2021$10,122 -1.1%$721,942 +1.4%
    2020$10,235 +4.9%$711,974 +2.3%
    2019$9,753 $695,967 +1.9%
    2018$9,753 +1.3%$682,990 +2.1%
    2017$9,631 +0.6%$668,942 -14.3%
    2016$9,573 $781,000 +1.5%
    2015$9,573 +2.9%$769,500 +24.6%
    2014$9,305 +6.8%$617,600
    2013$8,714 +5.4%$617,600 +2.8%
    2012$8,268 +4.8%$600,835 +3%
    2011$7,889 -1.2%$583,335 +1.5%
    2010$7,982 +9.3%$574,714 +2.7%
    2009$7,300 $559,605 +0.1%
    2008$7,300 +0.9%$559,046 +3%
    2007$7,235 $542,763 +2.5%
    2006-- $529,525 +3%
    2005-- $514,102 +3%
    2004$7,681 -3.3%$499,128 +1.9%
    2003$7,943 -2.8%$489,821 +2.4%
    2002$8,170 +6.3%$478,341 +1.6%
    2001$7,687 +0.9%$470,808 +3%
    2000$7,620 $457,095
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,812,600
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    Estimated market value
    $1,812,600