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Sold for $1,725,000
  • $1,725,000

    545 Sanctuary Dr APT B506, Longboat Key, FL 34228

    3beds
    2,375sqft
    Condominium
    Built in 1991
    -- sqft lot
    $1,724,300 Zestimate®
    $726/sqft
    $7,330 Estimated rent

    Home value

    $1,724,300

    $1.59M - $1.88M

    $7,330/mo

    Zestimate® history
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    What's special

    Beachfront gazeboCenter islandPrivate boardwalk beach accessEntertainment roomSolid-surface countertopsCrown moldingRecessed lighting
    Bright, spacious and beautifully maintained, this 3BR/2.5BA fifth-floor residence at The Sanctuary offers refined coastal living in one of Longboat Key’s most sought-after gated communities, ideally positioned on the island’s desirable southern end. Upon entry, walls of floor-to-ceiling glass sliders immediately draw your eye to sweeping panoramic views of the Sarasota city skyline, shimmering Sarasota Bay and the emerald fairways of the Links golf course. By night, downtown’s twinkling lights create a dramatic and ever-changing backdrop. The popular Brittany floor plan features recessed lighting, crown molding, 18-inch tile flooring throughout the main living areas and a tiled open terrace perfectly suited for sunrise coffee or evening cocktails. The kitchen has been opened to enhance flow and functionality, offering solid-surface countertops, a center island, tile backsplash and an eat-in area framed by a wall of glass. Double doors lead to the oversized primary suite, filled with natural light and offering terrace access, a walk-in closet and a spa-inspired bath with soaking tub, walk-in shower and dual vanities. Wraparound terraces further enhance the indoor-outdoor lifestyle, making this residence ideal for both everyday living and entertaining. The Sanctuary delivers an unparalleled resort-style experience with 1,200 feet of pristine white-sand beachfront, private boardwalk beach access, a heated Gulf-side pool with 25-meter lap lane, outdoor whirlpool spa and beachfront gazebo. Additional amenities include two lighted Har-Tru tennis courts, a state-of-the-art fitness center, saunas, an entertainment room, on-site management, 24-hour guard-gated security and coveted under-building parking. Pet-friendly with restrictions. Nestled behind the gates of the exclusive Longboat Key Club, this exceptional residence offers the perfect blend of luxury, privacy and breathtaking views—truly one of Longboat Key’s premier addresses.

    Zillow last checked:

    Listing updated:

    Listed by:

    Judy Kepecz-Hays 941-587-1700,

    COLDWELL BANKER REALTY 941-366-8070

    Bought with:

    Elisa Santamaria, 3557153

    CORCORAN DWELLINGS REALTY

    Marc Rasmussen, 0684744

    CORCORAN DWELLINGS REALTY

    Source: Stellar MLS,MLS#: A4675800MLS 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: 252 Square Feet
    • Dimensions: 18x14
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Area: 180 Square Feet
    • Dimensions: 15x12
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    • Area: 192 Square Feet
    • Dimensions: 16x12
    Dining room
    • Level: First
    • Area: 198 Square Feet
    • Dimensions: 11x18
    Kitchen
    • Level: First
    • Area: 264 Square Feet
    • Dimensions: 12x22
    Living room
    • Level: First
    • Area: 360 Square Feet
    • Dimensions: 20x18
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
    • Flooring: Carpet, Ceramic Tile
    • Doors: Sliding Doors
    • Windows: Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 3,125
    • Total interior livable area: 2,375 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Circular Driveway, Driveway, Guest, Off Street
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony, Irrigation System, Lighting, Sidewalk, Storage, Tennis Court(s)
    • Has private pool: Yes
    • Pool features: Deck, Heated, In Ground, Lap, Lighting, Outside Bath Access
    • Has view: Yes
    • View description: Bay/Harbor - Full
    • Has water view: Yes
    • Water view: Bay/Harbor - Full
    • Waterfront features: Beach Access, Beach - Access Deeded, Gulf/Ocean Access
    Lot
    • Size: 0.57 Acres
    Details
    • Parcel number: 0011084023
    • Zoning: MUC2
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete
    • 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 Available, Public

    Community & HOA

    Community
    • Features: Association Recreation - Lease, Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Gated Community - Guard, Pool, Sidewalks, Tennis Court(s)
    • Pet fee: $0 monthly
    • Subdivision: SANCTUARY III
    HOA
    • Has HOA: No
    • Services included: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security
    • HOA fee: $3,361 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $726/sqft
    • Tax assessed value: $1,622,200
    • Annual tax amount: $19,482
    • Date on market: 12/19/2025
    • Cumulative days on market: 160 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/1/2026Sold$1,725,000-5.6%$726/sqft
    Source: Stellar MLS #A4675800 Report a problem
    5/28/2026Pending sale$1,828,000$770/sqft
    Source: Stellar MLS #A4675800 Report a problem
    3/10/2026Price change$1,828,000-6.2%$770/sqft
    Source: Stellar MLS #A4675800 Report a problem
    12/20/2025Listed for sale$1,948,000-18.7%$820/sqft
    Source: Stellar MLS #A4675800 Report a problem
    3/20/2023Listing removed--
    Source: Stellar MLS #A4554595 Report a problem
    2/16/2023Price change$2,395,000-4%$1,008/sqft
    Source: Stellar MLS #A4554595 Report a problem
    12/15/2022Listed for sale$2,495,000+246.5%$1,051/sqft
    Source: Stellar MLS #A4554595 Report a problem
    11/14/2011Sold$720,000-10%$303/sqft
    Source: Public Record Report a problem
    3/16/2011Price change$799,900-10.6%$337/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A3926119 Report a problem
    12/18/2010Price change$895,000-24.8%$377/sqft
    Source: NRT Florida #A3926119 Report a problem
    5/15/2010Listed for sale$1,190,000+98.3%$501/sqft
    Source: NRT Florida #A3926119 Report a problem
    7/18/1996Sold$600,000$253/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,482 +6.4%$1,294,850 +10%
    2024$18,307 +0.8%$1,177,136 +10%
    2023$18,164 +21.7%$1,070,124 +10%
    2022$14,923 +13.8%$972,840 +10%
    2021$13,113 +4.5%$884,400 +7.4%
    2020$12,545 +5.2%$823,800 +2.7%
    2019$11,920 $802,000 +4.1%
    2018$11,920 +3.3%$770,100
    2017$11,535 -2.2%$770,100
    2016$11,791 $770,100 +1.5%
    2015$11,791 +7.6%$758,700 +22.2%
    2014$10,960 +17.6%$621,100
    2013$9,317 +2.5%$621,100 +0.2%
    2012$9,094 -14.5%$619,900 -15.8%
    2011$10,636 -10.2%$736,200 -11.8%
    2010$11,842 -13.9%$834,700 -11.6%
    2009$13,761 $944,000 -7.5%
    2008$13,761 -4.8%$1,020,200 -3.6%
    2007$14,454 $1,058,823 +2.5%
    2006-- $1,032,998 +3%
    2005-- $1,002,911 +3%
    2004$15,385 -1.2%$973,700 +7%
    2003$15,567 +3%$910,000 +8.6%
    2002$15,111 +41.1%$837,600 +35%
    2001$10,710 +7.5%$620,437 +10%
    2000$9,958 $564,034
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southside Elementary
    • Middle: Booker Middle
    • High: Riverview 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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    Estimated market value
    $1,724,300
    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
    $1,724,300