545 SANCTUARY DRIVE #B305

Property Details

Description

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 & Costs

Property type

Condominium

Year built

1991

Stories

8

Garage

1 spaces

Half baths

1

Price per sq ft

$814

Days on market

239

Private pool

No

Waterfront

Yes

Subdivision

SANCTUARY III

County

Sarasota

Flood zone

AE

Monthly & yearly costs

Property taxes

$25,314 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating

Central, Electric

Cooling

Central Air

Flooring

Carpet, Ceramic Tile, Marble

Roof

Concrete

Construction

Concrete

Parking

Covered, Deeded, Garage Door Opener, Guest, Basement

View

Park/Greenbelt, Pool, Water, Gulf/Ocean - Full

Payment Estimate

$12,728 / month

Principal & interest

$10,619

Property taxes

$2,110

HOA

$0

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Built-In Oven
• Cooktop
• Dishwasher
• Disposal
• Dryer
• Electric Water Heater
• Exhaust Fan
• Microwave
• Range
• Refrigerator
• Washer
• Ceiling Fans(s)
• Crown Molding
• Eat-in Kitchen
• Elevator
• Living Room/Dining Room Combo
• Solid Wood Cabinets
• Thermostat
• Walk-In Closet(s)
• Window Treatments
• Balcony
• Garden
• Hurricane Shutters
• Lighting
• Outdoor Grill
• Outdoor Shower
• Private Mailbox
• Sprinkler Metered
• Storage
• Tennis Court(s)
• Gulf/Ocean