Back B204/545 Sanctuary Drive
Off Market

B204/545 Sanctuary Drive

Longboat Key FL 34228

3
3
2
3940 sq. ft.
24697 sq. ft.
Condo
Last sold for $2,600,000
Ian Addy, PAIan Addy, PA, last sold this property on 29 May 2026 after 209 days on market.

Overview

Prepare to be wowed by the direct turquoise Gulf views from the oversized wraparound terrace, main living areas and primary bedroom. The chef’s kitchen is open to the main living area and offers state-of-the-art JennAir stainless steel appliances complete with built-in convection and steam ovens, oversized center island, wine refrigeration with storage and breakfast area. The massive primary suite showcases floor to ceiling windows with the same big Gulf views, access to the terrace, garden tub with separate shower and two walk-in closets. The main guest bedroom is ensuite with its own private terrace access and another walk-in closet. The 3rd bedroom is being used as a den with French doors opening to the living room, its own ensuite full bath with shower and dazzling Gulf views. Other bonus rooms include a laundry room located conveniently off the kitchen with sink, and an office nook with built-ins adjacent to the foyer. This residence comes with TWO under building parking spaces and a separate storage locker. Located behind the prestigious gates of The Longboat Key Club on the desirable South end of Longboat Key, owners will enjoy being minutes from the fine dining and shopping on St. Armands Circle in addition to the close proximity to Southwest Florida’s cultural hub of downtown Sarasota. At the Sanctuary, you will be part of 18 incredible beachfront acres with trails, an Olympic sized heated pool and spa, lighted tennis courts, a fitness center, onsite management, 24-hour manned security gate and a club house with planned activities. Become a member of the Longboat Key Club and partake in the superior golf courses, 6 private restaurants, spa and wellness center and other AAA four-diamond beach resort offerings. Roof replaced in 2023, Elevators modernized in 2022, and pool decking replaced in 2024. Building passed the Milestone Structural Integrity Inspection.

Features

3 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
3940 sq. ft. floor area
24697 sq. ft. lot size
Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Longboat Key over the last 12 months, the estimated median property value of B204/545 Sanctuary Drive is $1.7m.

Median value
$1.7m
Estimated value range
$315k - $6.7m
Median days on market
79
Estimated value trend
-13%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Longboat Key. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for B204/545 Sanctuary Drive

2026
Sold
$2,600,000
29 May 2026 by Ian Addy, PA, of MICHAEL SAUNDERS & COMPANY

Happy sellers in Longboat Key

78%
78% of sellers in Longboat Key reported that their sale price either exceeded or met their price expectations.

Longboat Key stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 28 reviews in Longboat Key over the last 12 months.

Local market activity for 3 bedroom condos in Longboat Key

In the last 12 months, 91 three-bedroom condos similar to B204/545 Sanctuary Drive, have been sold.

This represents a 3% increase in three-bedroom condos sales when compared to the previous 12 months.

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