Price reduced by $300K since 3/5/26! This residence offers an unparalleled luxury living experience within The Sanctuary, a secure, premiere beachfront community located behind the gates of the Longboat Key Club on south Longboat Key. Whether you are looking for a peaceful retreat or a permanent residence, this beachfront paradise has it all. Recently and completely renovated, this south-east corner location provides massive views of Sarasota Bay, the downtown city skyline, and the manicured golf course greens. The moment you step inside this 8th-floor residence, you are greeted by expansive, uninterrupted views enhanced by recently replaced floor-to-ceiling hurricane-impact sliders and windows. A spacious great room with exquisite wood flooring offers an unforgettable backdrop of the sparkling city lights and holiday firework displays, perfect for entertaining. The adjacent den can easily be converted to a third bedroom. Watch the sunrise with your coffee from the breakfast nook in the kitchen, or step outside and pick a spot on the large wraparound terrace for a more immersive experience that includes the fresh morning breeze and sounds of tropical birds. Home chefs will appreciate the large center island and the recent updates, including Calacatta Quartz counters, waterfall edges and backsplash, porcelain tile flooring, updated cabinetry, and all new hardware. The private primary suite boasts a customized walk-in closet, new plush carpeting, terrace access, and more panoramic views. The luxurious ensuite bath features dual vanities updated with Calacatta Quartz, all new hardware and lighting, a separate shower and water closet, and a newly refinished bathtub. Guests will be pampered in the ensuite guest bedroom with its own unique view that includes the Bay, the golf course and even a peek at the Gulf waters, along with new plush carpeting and ensuite bath including new Calacatta Quartz countertops, enhanced lighting, updated cabinetry, and all new hardware. The residence also includes a dedicated laundry room with new cabinetry, Calacatta Quartz counters and sink, one under-building parking spot, extra storage, and a freshly painted interior. Located on 18 incredible beachfront acres, The Sanctuary offers resort-style living with abundant amenities including 24-hour staffed security gate and onsite management, Olympic-sized heated pool and spa, lighted tennis courts and fitness center. Trails and a clubhouse with planned activities. For those seeking additional lifestyle amenities, optional membership to the Longboat Key Club allows access to superior golf courses, six private restaurants, a spa and wellness center, and other AAA four-diamond beach resort offerings.
Sold for $1,950,000
$1,950,000
545 Sanctuary Dr APT B806, Longboat Key, FL 34228
3beds
2,375sqft
Condominium
Built in 1991
-- sqft lot
$1,949,000 Zestimate®
$821/sqft
$7,330 Estimated rent
Home value
$1,949,000
$1.79M - $2.12M
$7,330/mo
Zestimate® history
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$7,330/mo
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$15,681/mo
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List your homeWhat's special
Large center islandFreshly painted interiorLarge wraparound terraceNew plush carpetingSecure premiere beachfront communityExpansive uninterrupted viewsSouth-east corner location
Zillow last checked:
Listing updated:
Listed by:
Ian Addy, PA 941-961-8850,
MICHAEL SAUNDERS & COMPANY 941-383-7591
Bought with:
Mackenzie Longueuil, 3255391
MICHAEL SAUNDERS & COMPANY
Source: Stellar MLS,MLS#: A4646987
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Den/Library/Office, Great Room, Utility Room, Storage Rooms
Primary bedroom
- Features: Dual Sinks, En Suite Bathroom, Tub with Separate Shower Stall, Water Closet/Priv Toilet, Walk-In Closet(s)
- Level: First
- Area: 252 Square Feet
- Dimensions: 18x14
Bedroom 2
- Features: En Suite Bathroom, Built-in Closet
- Level: First
- Area: 204 Square Feet
- Dimensions: 17x12
Den
- Features: Built-in Closet
- Level: First
- Area: 180 Square Feet
- Dimensions: 15x12
Great room
- Level: First
- Area: 558 Square Feet
- Dimensions: 31x18
Kitchen
- Features: Kitchen Island, Pantry
- Level: First
- Area: 264 Square Feet
- Dimensions: 22x12
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Laundry: Inside, Laundry Room
Features
- Built-in Features, Eating Space In Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
- Flooring: Carpet, Engineered Hardwood, Tile
- Doors: Sliding Doors
- Has fireplace: No
- Common walls with other units/homes: Corner Unit,End Unit
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, Garage Door Opener, Guest, Oversized, Portico, Under Building
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Wrap Around
- Exterior features: Balcony, Irrigation System, Lighting, Sidewalk, Storage, Tennis Court(s)
- Pool features: Deck, Gunite, Heated, In Ground, Lighting, Outside Bath Access
- Has spa: Yes
- Spa features: Heated, In Ground
- Has view: Yes
- View description: City, Tennis Court, Water, Bay/Harbor - Full, Gulf/Ocean - Partial
- Has water view: Yes
- Water view: Water,Bay/Harbor - Full,Gulf/Ocean - Partial
- Waterfront features: Gulf/Ocean Front, Waterfront, Beach, Gulf/Ocean, Beach Access, Beach - Access Deeded, Gulf/Ocean Access
- Body of water: THE GULF
Lot
- Features: CoastalConstruction Control Line, FloodZone, Landscaped, Near Golf Course, Sidewalk
- Residential vegetation: Mature Landscaping, Trees/Landscaped
Details
- Additional structures: Cabana, Storage, Tennis Court(s)
- Parcel number: 0011084041
- Zoning: MUC2
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Custom
- Property subtype: Condominium
Materials
- Concrete, Stucco
- Foundation: Pillar/Post/Pier
- Roof: Concrete
Condition
- New construction: No
- Year built: 1991
Details
- Builder model: B
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Public, Underground Utilities
Community & HOA
Community
- Features: Gulf/Ocean Front, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Golf Carts OK, Golf, Pool, Sidewalks, Tennis Court(s)
- Security: Gated Community
- Pet fee: $0 monthly
- Subdivision: SANCTUARY III
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
- Services included: 24-Hour Guard, Cable TV, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
- HOA fee: $3,361 monthly
- HOA name: Sanctuary III/Cathy Yax
- HOA phone: 941-383-6021
- Second HOA name: Sanctuary Community Association Inc.
- Second HOA phone: 941-383-6021
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $821/sqft
- Tax assessed value: $1,843,300
- Annual tax amount: $19,361
- Date on market: 4/3/2025
- Cumulative days on market: 555 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Brick
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Sold | $1,950,000-6.9%$821/sqft |
Source:  Stellar MLS #A4646987 Report a problem | ||
| 5/13/2026 | Pending sale | $2,095,000$882/sqft |
Source: Stellar MLS #A4646987 Report a problem | ||
| 4/3/2026 | Price change | $2,095,000-4.6%$882/sqft |
Source: Stellar MLS #A4646987 Report a problem | ||
| 3/19/2026 | Price change | $2,195,000-4.4%$924/sqft |
Source: Stellar MLS #A4646987 Report a problem | ||
| 3/5/2026 | Price change | $2,295,000-4.2%$966/sqft |
Source: Stellar MLS #A4646987 Report a problem | ||
| 11/26/2025 | Listed for sale | $2,395,000+22.8%$1,008/sqft |
Source: Stellar MLS #A4646987 Report a problem | ||
| 9/9/2025 | Listing removed | $1,950,000$821/sqft |
Source: Stellar MLS #A4646987 Report a problem | ||
| 9/4/2025 | Pending sale | $1,950,000$821/sqft |
Source: Stellar MLS #A4646987 Report a problem | ||
| 9/4/2025 | Listed for sale | $1,950,000$821/sqft |
Source: Stellar MLS #A4646987 Report a problem | ||
| 8/18/2025 | Listing removed | $1,950,000$821/sqft |
Source: Stellar MLS #A4646987 Report a problem | ||
| 5/5/2025 | Price change | $1,950,000-1.3%$821/sqft |
Source: Stellar MLS #A4646987 Report a problem | ||
| 4/3/2025 | Listed for sale | $1,975,000-3.7%$832/sqft |
Source: Stellar MLS #A4646987 Report a problem | ||
| 4/1/2025 | Listing removed | $2,050,000$863/sqft |
Source: Stellar MLS #A4614562 Report a problem | ||
| 3/3/2025 | Price change | $2,050,000-6.6%$863/sqft |
Source: Stellar MLS #A4614562 Report a problem | ||
| 1/21/2025 | Listed for sale | $2,195,000$924/sqft |
Source: Stellar MLS #A4636685 Report a problem | ||
| 7/3/2024 | Listing removed | $2,195,000$924/sqft |
Source: Stellar MLS #A4614562 Report a problem | ||
| 7/1/2024 | Listed for sale | $2,195,000+159.9%$924/sqft |
Source: Stellar MLS #A4614562 Report a problem | ||
| 12/29/2020 | Sold | $844,700+34%$356/sqft |
Source: Public Record Report a problem | ||
| 11/21/1997 | Sold | $630,500$265/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,695 +6.9% | $1,313,298 +10% |
| 2024 | $19,361 +3.6% | $1,193,907 +10% |
| 2023 | $18,695 +15.7% | $1,085,370 +10% |
| 2022 | $16,153 +24% | $986,700 +10% |
| 2021 | $13,029 +3.5% | $897,000 +6.2% |
| 2020 | $12,590 -2.9% | $844,700 -5.3% |
| 2019 | $12,959 | $891,900 +4.1% |
| 2018 | $12,959 +3.4% | $856,500 |
| 2017 | $12,534 -4.4% | $856,500 |
| 2016 | $13,117 | $856,500 +1.5% |
| 2015 | $13,117 +7.6% | $843,900 +22.1% |
| 2014 | $12,192 +17.6% | $691,000 |
| 2013 | $10,365 +2.4% | $691,000 +0.2% |
| 2012 | $10,119 -17.4% | $689,800 -18.7% |
| 2011 | $12,257 -14.2% | $848,400 -11.8% |
| 2010 | $14,287 -10.4% | $962,100 -11.6% |
| 2009 | $15,949 | $1,088,000 -4.4% |
| 2008 | $15,949 -11.4% | $1,138,500 -11.5% |
| 2007 | $18,001 | $1,286,900 -3% |
| 2006 | -- | $1,326,700 +11% |
| 2005 | -- | $1,195,230 +13.4% |
| 2004 | $17,092 +1.4% | $1,053,950 +7% |
| 2003 | $16,850 +9.9% | $985,000 +15.9% |
| 2002 | $15,337 +41.1% | $850,100 +35% |
| 2001 | $10,870 +7.5% | $629,673 +10% |
| 2000 | $10,107 | $572,430 |
Find assessor info on the county website
Neighborhood: 34228
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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
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Estimated market value
$1,949,000
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Estimated market value
$1,949,000
- Florida
- Sarasota County
- Longboat Key
- 34228
- 545 Sanctuary Dr Apartment B806
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