$2,100,000
Active Under Contract545 Sanctuary Dr #B305, Longboat Key, FL 34228
3 beds Β· 2.5 baths Β· 2,580 sq ft
Listing courtesy of MICHAEL SAUNDERS & COMPANY Β· MLS# A4681142
243 days on market
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this home
Whatβs special
- Direct Gulf views
- 21-foot covered terrace
- Electric storm shutters
- Olympic sized pool
- Har-Tru tennis courts
- 1200 feet beachfront
- Climate controlled storage
- 24 hour security
AI-selected highlights from the listing description below.
Under contract-accepting backup offers. NEWLY PRICED AT $2,100,000 ! Just reduced by $295,000 from the original asking price, this substantial savings willallow buyers an opportunity and an added incentive to create their own Beach Front Dream Home. Behind the gates of the Longboat Key Club, The Sanctuary is one of Longboat Key Island's most coveted beachfront addresses. This spacious and elegant vacation home at 545 Sanctuary Drive Building III B305 offers spectacular, full on, panoramic Gulf of Mexico waterfront views by day and stunning sunsets by night. You will enjoy these views from the spacious living room, the 21 foot long covered terrace and from the serene primary suite plus the soothing sounds of the surf, you are that close to the sea! The spacious primary bedroom suite is a private retreat featuring generous walk-in closet space and a spa-inspired ensuite bath with dual vanities, a soaking tub & a walk-in shower. This unique Carlyle floor plan also includes a second east facing terrace accessible from the charming second guest bedroom, the third bedroom and kitchen. This third floor beach retreat features three bedrooms and 2 full baths & one half bath with over 3,000 square feet of total living area. The kitchen offers light wood cabinetry, double ovens, granite countertop and a tile backsplash. Offering high quality furnishings, this lovely home is being sold turnkey. There are electric storm shutters on all sliding doors, one under building garage space and a climate controlled storage cage. Residents of The Sanctuary enjoy an exclusive resort lifestyle with 1,200 feet of pristine beachfront, a heated Olympic size pool with a 25 meter lap lane, outdoor whirlpool, fire pit lounge, lighted Har-Tru tennis courts & a state of the art fitness center with saunas. The updated clubhouse features a fully equipped kitchen & an entertainment room plus on -site management, 24 hour security gate & 18 acres of meticulously maintained tropical grounds. Optional membership to the nearby private Longboat Key Club allows access to superior golf courses, five private restaurants, a wellness center & spa, tennis garden & pickleball courts, a deep water marina & private beach club.
Facts
- Property type
- Condominium
- Year built
- 1991
- Bathrooms
- 2 full, 1 half
- Living area
- 2,580 sqft
- Waterfront
- Yes Β· 60 ft
- Water access
- Beach - Access Deeded, Gulf/Ocean
- Water view
- Yes
- Private pool
- No
- Exposure
- East
- Furnished
- Furnished
- Flood zone
- AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $25,314/yr
- Monthly fees
- $3,527/mo
- Listed
- Jan 28, 2026
- MLS #
- A4681142
Price & status history
- Listed for $2,495,000
- Price reduced to $2,100,000
- Status changed to Active Under Contract
Virtual tour
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty β not a loan offerStarting figures for 545 SANCTUARY DR #B305. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ β Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure β we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.
AssumptionNot applied β your down payment is 20% or more.
Estimated total monthly payment
$18,005
$10,619 of that is principal & interest. 41% is taxes, insurance and fees β which is why those inputs matter more here than the rate does.
- Principal & interest
- $10,619
- Property taxes
- $2,110
- Homeowners insurance
- $1,750
- Flood insurance
- $0
- HOA / condo fees
- $3,527
- Mortgage insurance (PMI)
- $0
- Total per month
- $18,005
Over the life of the loan
- Loan amount
- $1,680,000
- Down payment
- $420,000
- Total interest
- $2,142,747
- Principal + interest paid
- $3,822,747
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above β nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
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545 Sanctuary Dr #B305, Longboat Key, FL 34228
Listing courtesy of MICHAEL SAUNDERS & COMPANY Β· MLS# A4681142 Β· Active Under Contract
Where this home is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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