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585 SANCTUARY DRIVE, #B502, Longboat Key, FL, 34228 | $1,699,000
Perched on the fifth floor of Building 1 at The Sanctuary at Longboat Key Club, this corner residence offers sweeping views that extend from the Gulf of Mexico across the Longboat Key Club golf course to Sarasota Bay and the downtown skyline. A wraparound terrace enhances the setting, creating an exceptional indoor-outdoor experience with ever-changing light and scenery throughout the day.
Inside, the open floor plan spans nearly 1, 900 square feet and is designed to maximize both comfort and function. Walls of glass sliders in multiple rooms open directly to the terrace, allowing for sunset views, fresh coastal breezes, and natural light to flow throughout the residence. The living and dining areas connect seamlessly, providing an ideal layout for everyday living or entertaining.
The primary suite is privately positioned and features oversized windows framing sun-filled views, a walk-in closet, and an en-suite bath. Two additional bedrooms are each en-suite, offering flexibility for guests, family, or a home office while maintaining privacy for all. Three full baths complete this thoughtfully arranged residence.
Additional conveniences include one secure, under-building parking space and a dedicated storage unit.
Residents of The Sanctuary enjoy a full complement of resort-style amenities, including a Gulfside swimming pool with cabanas, expansive sundeck, outdoor bar, and an additional heated pool and spa. Tennis courts, a modern fitness center, and a variety of clubhouse activities enhance the Longboat Key lifestyle. A private boardwalk provides direct access to the pristine beach, while a 24-hour manned guard gate and on-site management ensure peace of mind.
Ownership also offers the option to join the renowned Longboat Key Club, available separately, granting access to championship golf, premier tennis facilities, marina services, spa amenities, dining venues, and resort-style social offerings.
Ideally located on Longboat Key, The Sanctuary places you minutes from waterfront dining, boating, and shopping. St. Armands Circle, Lido Beach, and downtown Sarasota’s theaters, galleries, and cultural attractions are all within easy reach—offering a refined coastal lifestyle where natural beauty and convenience meet.
Features
- Elevator: Y
- Heating: Central, Electric
- Cooling: Central Air
- Levels: 6
- Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
- Rooms: 9
- Bedrooms: 3
- Baths: 3 full
- Laundry: Electric Dryer Hookup, Inside, Laundry Room
- Complex: SANCTUARY I
- Year Built: 1990
- Approx Sq. Feet: 1,823
- Est. Taxes: $23,604
- Condo Fee: $8,643 Quarterly
- Lot Desc: FloodZone, In County, Landscaped, Near Golf Course, Near Marina, Oversized Lot, Private, Sidewalk
- View: City, Golf Course, Water
- Pet Policy: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- MLS#: A4679102
- Days on Market: 37 days
- Website: https://www.raveis.com
/prop/A4679102/585sanctuarydrive_longboatkey_fl?source=qrflyer
Listing courtesy of Coldwell Banker Realty Phone: 941-383-6411
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
585 SANCTUARY DRIVE, #B502, Longboat Key, FL, 34228
$1,699,000
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 | $1,359,200 | $1,359,200 | $1,359,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 5.972% | 5.826% |
| Monthly Tax Payment | $1,967 | $1,967 | $1,967 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,611 | $8,040 | $11,196 |
| Total Monthly Payment | $9,703 | $10,132 | $13,288 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388