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Off market
  • $3,371,500

    545 Sanctuary Dr APT B705, Longboat Key, FL 34228

    3beds
    2,580sqft
    Condominium
    Built in 1991
    0.57 Acres Lot
    $3,371,500 Zestimate®
    $1,307/sqft
    $7,111 Estimated rent

    Home value

    $3,371,500

    $3.00M - $3.78M

    $7,111/mo

    Zestimate® history
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    $23,279/mo

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    What's special

    Rarely for sale, this high-floor Sanctuary 3-BR, 3-Bath condo with perfect east/west views offers total privacy. Relax, unwind, and enjoy the magnificent views of the pristine white sandy beach and the azure blue water of the Gulf of Mexico from this completely renovated unit in Sanctuary III. Turn around and watch the sail boats on Sarasota Bay, as well as enjoying the lush fairways of the Longboat Key Golf Club from the other side of the unit. All new floor-to-ceiling sliding hurricane-impact glass doors open out onto each generous balcony from the living areas and all 3 bedrooms, allowing natural light and breath-taking views into the unit. On the 8 the floor, this well-designed unit is very private, as it does not face any adjacent buildings. The interior has been stripped down to the studs and had a total make-over in 2020. Top of the line appliances, 3-inch thick Cambria Quartz counter tops, engineered wood floors, Neff & Miralis cabinetry, custom glass paneled doors all combine to give a clean, beachy, yet modern look and feel. The kitchen has been redesigned and opened to the living areas to take advantage of views in both directions, with a bar and stools to entertain effortlessly. Perfectly set behind the gates of the Longboat Key Club you are surrounded by all the Sanctuary has to offer including a resort style pool with lap lanes, spa, and children's pool located on a massive outdoor lanai with gazebos and abundant seating, 2 lighted Har-Tru tennis courts, fitness center, saunas, recreation room, on-site management with 24-hour security, a pathway around the entire complex, and over 1,200 feet of pristine beachfront. *Please see Matterport virtual doll house tour of the property under Video Tour Link.

    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.

    Originating MLS: Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Walk-In Closet(s), Living Room/Dining Room Combo, Solid Surface Counters, Built in Features, Window Treatments
    • Flooring: Tile, Hardwood
    • Windows: ENERGY STAR Qualified Windows, Insulated Windows, Low Emissivity Windows, Shades
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 2,580 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Levels: One
    • Patio & porch: Covered, Front Porch, Rear Porch
    • Exterior features: Cement / Concrete
    • Pool features: Heated, In Ground, Lighting
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Water, City
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Gulf/Ocean
    • Body of water: GULF OF MEXICO
    Lot
    • Size: 0.57 Acres
    • Features: Sidewalk, Street Paved, FloodZone, Street Private, Near Golf Course, Near Marina
    • Residential vegetation: Trees/Landscaped
    Details
    • Additional structures: Tennis Court(s), Storage
    • Parcel number: 0011084034

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Condominium
    Materials
    • concrete
    • Foundation: Piers
    • Roof: Other
    Condition
    • Completed
    • Year built: 1991

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Phone Available, Sewer Connected, Public, Street Lights, Cable Connected, Water Connected

    Community & HOA

    Community
    • Security: Secured Garage / Parking, Smoke Detector(s), Security Gate, Fire Alarm, Fire Sprinkler System, Gated Community
    • Subdivision: SANCTUARY III
    HOA
    • Has HOA: Yes
    • Amenities included: Cable, Elevators, Fitness Center, Maintenance, Pool, Security, Tennis Court(s)
    • Services included: Community Pool, Maintenance Grounds, Recreational Facilities, Security, Trash, Cable TV, Insurance, Maintenance Exterior, Pest Control, Pool Maintenance, Sewer, Water, Internet, Private Road, Escrow Reserves Fund, 24-Hour Guard, Manager
    • HOA fee: $2,032 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $1,307/sqft
    • Tax assessed value: $3,119,500
    • Annual tax amount: $40,459
    • Listing terms: Cash, Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    11/20/2020Sold$2,690,000$1,043/sqft
    Source: Stellar MLS #T3263068 Report a problem
    9/16/2020Pending sale$2,690,000$1,043/sqft
    Source: SMITH & ASSOCIATES REAL ESTATE #T3263068 Report a problem
    9/3/2020Listed for sale$2,690,000+69.1%$1,043/sqft
    Source: SMITH & ASSOCIATES REAL ESTATE #T3263068 Report a problem
    11/2/2018Sold$1,591,000+100.8%$617/sqft
    Source: Public Record Report a problem
    12/20/1994Sold$792,500$307/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$40,459 +2.2%$3,066,317 +2.9%
    2024$39,603 +16.4%$2,979,900 +37.8%
    2023$34,014 +13.9%$2,162,149 +10%
    2022$29,855 +13.9%$1,965,590 +10%
    2021$26,222 +47.1%$1,786,900 +51.7%
    2020$17,826 -6.7%$1,178,100 -9.2%
    2019$19,109 $1,296,800 +4.1%
    2018$19,109 +3.3%$1,245,900
    2017$18,497 -3.1%$1,245,900
    2016$19,083 $1,245,900 +1.5%
    2015$19,083 $1,227,500 +22.1%
    2014$19,083 +26.5%$1,005,500
    2013$15,083 +2.4%$1,005,500 +0.1%
    2012$14,732 +2.5%$1,004,300 +0.9%
    2011$14,376 -14.2%$995,100 -11.8%
    2010$16,756 -19.2%$1,128,400 -11.6%
    2009$20,745 $1,276,000 -13.8%
    2008$20,745 -11.5%$1,480,800 -11.7%
    2007$23,449 $1,676,400 -3%
    2006-- $1,728,200 +11%
    2005-- $1,556,960 +11.1%
    2004$22,732 +1.4%$1,401,700 +7%
    2003$22,409 +14.7%$1,310,000 +21%
    2002$19,535 +41.1%$1,082,800 +35%
    2001$13,845 +7.5%$802,064 +10%
    2000$12,874 $729,149
    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: Booker High

    Source: The 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
    $3,371,500
    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
    $3,371,500