Welcome to a slice of paradise at The Sanctuary, where coastal living meets luxurious comfort. Apartment 504 presents an unparalleled opportunity to own an exquisite residence in one of Longboat Key's most prestigious communities. As you enter the large hallway immerse yourself in breathtaking direct views of the Gulf of Mexico meeting the pristine Longboat key beach and enjoy awe-inspiring sunsets from the comfort of your own over sized private balcony. This expansive (3115 sq ft )corner unit has 3-bedroom, 3 full and one 1/2 bathroom apartment plus bonus room boasts an open-concept floor plan, offering generous living spaces perfect for both relaxation and entertaining. (3rd bedroom currently used as a study/guest room) This fully furnished apartment features high-end finishes, including tiled floors, designer light fixtures and fittings, creating an ambiance of sophistication and elegance. The gourmet kitchen is equipped with top-of-the-line stainless steel appliances including 2 wine fridge's, a Miele built in coffee maker, a large warming drawer, custom cabinetry, and granite countertops, making cooking a true pleasure. To the side of the kitchen there is second balcony with views of downtown which offers stunning views at night. The master suite is a tranquil retreat with panoramic water views, a large walk-in closet, and a spa-like en-suite bathroom with a soaking tub and walk-in shower. The second en-suite bedroom offers complete privacy for your guests. Easy to lock up and go for seasonal owners with electric hurricane shutters. The Sanctuary offers an array of resort style amenities, including a private beach entrance, a large heated pool, tennis courts, fitness center, clubhouse, and 24-hour security. This unit has one large climate controlled storage cage and one under building garage parking space. Situated on the coveted Longboat Key, Apartment 504 enjoys a prime location, with easy access to Sarasota and the vibrant cultural scene, fine dining, and upscale shopping on St. Armands Circle and the new ST Regis Hotel. Experience the tranquility of coastal living while still being close to all the conveniences of city life and a publix and CVS within just a few minutes drive. Whether you seek relaxation by the water's edge, engaging in recreational activities, or exploring the nearby nature preserves, The Sanctuary provides an exclusive lifestyle that epitomizes coastal living at its finest. This is an exceptional opportunity to own a stunning residence in one of Longboat Key's most sought-after communities. Don't miss the chance to experience luxury living at its finest. New roof 2024 and Phase one Milestone inspection completed.
Sold for $3,575,000
$3,575,000
545 Sanctuary Dr APT B504, Longboat Key, FL 34228
3beds
3,115sqft
Condominium
Built in 1991
-- sqft lot
$3,368,200 Zestimate®
$1,148/sqft
$7,482 Estimated rent
Home value
$3,368,200
$3.03M - $3.74M
$7,482/mo
Zestimate® history
Owner options
List your home for rent
$7,482/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$7,482/mo
Rent Zestimate®
Refinance and save
$26,357/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$26,357/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
Tennis courtsPrivate beach entranceGranite countertopsPanoramic water viewsLarge heated poolHigh-end finishesOpen-concept floor plan
Zillow last checked:
Listing updated:
Listed by:
Melanie Russell 941-879-5882,
QUEST PROPERTIES INC 941-504-1111
Bought with:
Roger Pettingell, 0499842
COLDWELL BANKER REALTY
Source: Stellar MLS,MLS#: A4634869
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Bonus Room, Utility Room
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 336 Square Feet
- Dimensions: 21x16
Bedroom 1
- Features: Walk-In Closet(s)
- Level: First
- Area: 201.6 Square Feet
- Dimensions: 16.8x12
Bedroom 2
- Features: Walk-In Closet(s)
- Level: First
- Area: 192 Square Feet
- Dimensions: 16x12
Dining room
- Level: First
- Area: 140 Square Feet
- Dimensions: 14x10
Kitchen
- Level: First
- Area: 338 Square Feet
- Dimensions: 13x26
Living room
- Level: First
- Area: 660 Square Feet
- Dimensions: 30x22
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Doors: Sliding Doors
- Windows: Blinds, Window Treatments, Hurricane Shutters
- Has fireplace: No
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 3,940
- Total interior livable area: 3,115 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage Door Opener, Guest, Under Building
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony, Lighting, Storage, Tennis Court(s)
- Has view: Yes
- View description: Pool, Water, Beach, Gulf/Ocean - Full
- Has water view: Yes
- Water view: Water,Beach,Gulf/Ocean - Full
- Waterfront features: Beach, Gulf/Ocean, Beach Access, Gulf/Ocean Access
Details
- Additional structures: Storage
- Parcel number: 0011084021
- Zoning: RES
- Special conditions: None
Construction
Type & style
- Home type: Condo
- 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: Cable Connected, Electricity Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Clubhouse, Fitness Center, Gated Community - Guard, Pool, Tennis Court(s)
- Security: Gated Community, Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: SANCTUARY
HOA
- Has HOA: No
- Amenities included: Clubhouse, Elevator(s), Fitness Center, Gated, Pool, Recreation Facilities, Sauna, Security, Storage, Tennis Court(s)
- Services included: 24-Hour Guard, Cable TV, Community Pool, Reserve Fund, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
- HOA fee: $3,379 monthly
- HOA name: Pat Shea
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $1,148/sqft
- Tax assessed value: $3,084,400
- Annual tax amount: $19,465
- Date on market: 1/9/2025
- Cumulative days on market: 17 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Brick
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2025 | Sold | $3,575,000-4.7%$1,148/sqft |
Source:  Stellar MLS #A4634869 Report a problem | ||
| 1/27/2025 | Pending sale | $3,750,000$1,204/sqft |
Source: Stellar MLS #A4634869 Report a problem | ||
| 1/9/2025 | Listed for sale | $3,750,000-6.1%$1,204/sqft |
Source: Stellar MLS #A4634869 Report a problem | ||
| 7/11/2024 | Listing removed | $3,995,000$1,283/sqft |
Source: Stellar MLS #A4588721 Report a problem | ||
| 3/29/2024 | Listing removed | -- |
Source: Stellar MLS #A4588721 Report a problem | ||
| 2/17/2024 | Price change | $3,995,000-6%$1,283/sqft |
Source: Stellar MLS #A4588721 Report a problem | ||
| 1/4/2024 | Listed for sale | $4,250,000+174.2%$1,364/sqft |
Source: Stellar MLS #A4588721 Report a problem | ||
| 6/1/2007 | Sold | $1,550,000$498/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,508 +2.2% | $1,566,006 +2.9% |
| 2024 | $20,071 +1.7% | $1,521,872 +3% |
| 2023 | $19,733 +1.2% | $1,477,546 +3% |
| 2022 | $19,498 -2.2% | $1,434,511 +3% |
| 2021 | $19,938 -1.1% | $1,392,729 +1.4% |
| 2020 | $20,167 +1.6% | $1,373,500 -0.9% |
| 2019 | $19,859 | $1,386,451 +1.9% |
| 2018 | $19,859 +1.2% | $1,360,600 |
| 2017 | $19,619 -6.3% | $1,360,600 |
| 2016 | $20,932 | $1,360,600 +1.5% |
| 2015 | $20,932 +6.1% | $1,340,500 +16% |
| 2014 | $19,729 +13.8% | $1,155,900 |
| 2013 | $17,339 +2.4% | $1,155,900 +0.1% |
| 2012 | $16,939 +3% | $1,154,700 +1.5% |
| 2011 | $16,438 -14.2% | $1,137,800 -11.8% |
| 2010 | $19,157 -0.8% | $1,290,100 -11.6% |
| 2009 | $19,307 | $1,459,000 +5.9% |
| 2008 | $19,307 -10.7% | $1,378,200 -10.8% |
| 2007 | $21,611 | $1,545,000 -17.7% |
| 2006 | -- | $1,876,700 +11% |
| 2005 | -- | $1,690,750 +9.4% |
| 2004 | $25,074 +1.4% | $1,546,150 +7% |
| 2003 | $24,718 +12% | $1,445,000 +18.2% |
| 2002 | $22,065 +41.1% | $1,223,000 +35% |
| 2001 | $15,638 +7.5% | $905,909 +10% |
| 2000 | $14,540 | $823,554 |
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
- $2,600,0003 bd3 ba3.1k sqft545 Sanctuary Dr APT B204, Longboat Key, FL 34228Sold
- $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
$3,368,200
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
$3,368,200
- Florida
- Sarasota County
- Longboat Key
- 34228
- 545 Sanctuary Dr Apartment B504
Nearby cities
Nearby zip codes
Other Longboat Key Topics
