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$2,333,464Estimated home value

Beds
3
Baths
2.5
sq ft
2,375

545 Sanctuary Dr Unit B406, Longboat Key, FL 34228

545 Sanctuary Dr Unit B406

LONGBOAT KEY, FL 34228

  • Off market
    • Price drop $40,999↓
Whether you're looking for a peaceful retreat or a permanent residence, this 3 bedroom, 2 1/2 bath beachfront paradise offers breathtaking views and resort-style amenities. This totally renovated property includes hardwood floors throughout the main areas of the residence, highest end appliances such as Miele, Asko, Liebher and Wolf, and a 7 foot automated rotary closet customized with built-in drawers and shelving. A built-in Miele coffee system is conveniently located in the breakfast nook for delicious macchiatos and espressos. The master bath boasts porcelain tile flooring, dual vanities, a large custom walk-in shower, built-in storage, which includes a lighted, make up mirror station. All the electrical outlets and switches are Adorne by Le Grande. Relish in the spectacular big bay and city views incorporating very pleasing golf course greens and blue skies followed by the twinkling evening lights of the city are enjoyed throughout this luxurious residence. 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 clubhouse with planned activities. This residence comes with one under building parking spot. 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.

Details

Property type

Condominium

Est. home value

$2,333,464

Lot size

Unknown

Price per sq ft

$821

Year built

1991

Annual property taxes

$10,067.07

HOA fee

$8,951

Price History

09/01/2024
StellarMLS

StellarMLS #A4576305

Removed
$1,949,000
07/01/2024
StellarMLS

StellarMLS #A4576305

Price change
$1,949,000
-2.06%
05/24/2024
StellarMLS

StellarMLS #A4576305

Price change
$1,989,999
-0.5%

Schools & Community

Elementary school: 

Southside Elementary

Middle school: 

Booker Middle

High school: 

Booker High

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Sidewalks, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Fifth Third Bank Na

Loan start date

February 2021

Original loan amount

$150,000

Est. remaining balance

$137,691

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Kenneth J Newmark and Susan W Newmark

Lender

Wells Fargo Bank Na

Loan start date

May 2020

Original loan amount

$533,000

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Kenneth J Newmark and Susan W Newmark

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/04/2024 at 7:15 PM

Listing updated: 08/20/2024 at 2:41 PM

Listed by: Ian Addy, PA, MICHAEL SAUNDERS & COMPANY Phone #: (941) 383-7591

MLS: StellarMLS #A4576305

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