545 SANCTUARY DRIVE, #B806, Longboat Key, FL, 34228 | $2,395,000

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.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 9
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Room
  • Complex: SANCTUARY III
  • Year Built: 1991
  • Approx Sq. Feet: 2,375
  • Est. Taxes: $19,361
  • Condo Fee: $10,083 Quarterly
  • Lot Desc: CoastalConstruction Control Line, FloodZone, Landscaped, Near Golf Course, Sidewalk
  • View: City, Tennis Court, Water
  • Pet Policy: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • MLS#: A4646987
  • Days on Market: 178 days
  • Website: https://www.raveis.com
    /prop/A4646987/545sanctuarydrive_longboatkey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/11/2026 3:06:09 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-383-7591

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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545 SANCTUARY DRIVE, #B806, Longboat Key, FL, 34228

$2,395,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,916,000 $1,916,000 $1,916,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.241% 6.110% 5.972%
Monthly Tax Payment $1,613 $1,613 $1,613
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,879 $11,487 $15,911
Total Monthly Payment $12,617 $13,225 $17,649

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.