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Back B805/545 Sanctuary Drive
Off Market

B805/545 Sanctuary Drive

Longboat Key FL 34228

3
3
1
3145 sq. ft.
Condo
Last sold for $3,400,000
Reid MurphyReid Murphy, last sold this property on 28 August 2023 after 39 days on market.

Overview

Rarely available, this 8th floor, 3 bedroom, 3 bath condo with perfect east/west views offers total privacy. Relax, unwind, and enjoy the magnificent views of the pristine sandy beach and the blue waters of the Gulf of Mexico from this unit in Sanctuary III. Turn around to the east and watch the boats on Sarasota Bay, and enjoy the lush fairways of the Longboat Key Golf Club. This well-designed unit is very private and does not face any adjacent buildings. The kitchen has been opened to the living areas to take advantage of the views in both directions and to entertain effortlessly. Your large private terraces are the perfect setting for enjoying a morning coffee while viewing beautiful shimmering sunrises over Sarasota Bay, and then enjoying a cocktail with the sunset every evening over the sparkling Gulf of Mexico. The Gulfside master suite opens to outstanding panoramic Gulf and beach views. Beautiful wood floors flow seamlessly throughout the open floor plan, offering a casual, elegant feel to this home. Perfectly set behind the private gates of the Longboat Key Club, you are surrounded by all the Sanctuary has to offer, including a 25-meter resort style pool with lap lanes, spa, and splash 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, walking trails and over 1,200 feet of pristine beach. Your move-in ready home is waiting for you to start enjoying the paradise we call Longboat Key.

Features

3 bedrooms
3 bathrooms
1 carspace
1 garage space
3145 sq. ft. floor area
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 B805/545 Sanctuary Drive is $1.75m.

Median value
$1.75m
Estimated value range
$315k - $6.7m
Median days on market
69
Estimated value trend
-3%
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 B805/545 Sanctuary Drive

2023
Sold
$3,400,000
28 Aug 2023 by Reid Murphy, of DEVELOPERS REALTY LBK, INC
2019
Sold
$1,800,000
13 May 2019 by jeffrey Rhinelander, of PREMIER SOTHEBYS INTL REALTY

Happy sellers in Longboat Key

73%
73% 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 32 reviews in Longboat Key over the last 12 months.

Local market activity for 3 bedroom condos in Longboat Key

In the last 12 months, 88 three-bedroom condos similar to B805/545 Sanctuary Drive, have been sold.

This represents a 13% increase in three-bedroom condos sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Longboat Key

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Bruce Myer

Sellers who recommend Bruce Myer have praised them for being local expert

  •   5   (36 reviews)
  •  20 Reviews in Longboat Key
  •  29 Sales in Longboat Key
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Erica Smentowski

Erica Smentowski is a recommended agent for Longboat Key.  They have 4 local sales and collected 6 local reviews across the last 12 months.

  •   5   (20 reviews)
  •  6 Reviews in Longboat Key
  •  4 Sales in Longboat Key
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Kathleen Magnus

Sellers who recommend Kathleen Magnus have praised them for being local expert, responsive, and patient

  •   5   (18 reviews)
  •  4 Reviews in Longboat Key
  •  4 Sales in Longboat Key
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Brian Gillen, Eileen Gillen & Debbie McHardy - The Gillen McHardy Group

Sellers who recommend Brian Gillen, Eileen Gillen & Debbie McHardy - The Gillen McHardy Group have praised them for being local expert, clear communication, responsive, supportive, patient, friendly, and detail-oriented

  •   5   (94 reviews)
  •  5 Reviews in Longboat Key
  •  6 Sales in Longboat Key
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