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$1,975,000

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

  • 69 days on market
Experience luxury beachfront living in this stunning 3 bedroom, 2 1/2 bath oasis. This can be a comfortable permanent residence or a superb seasonal retreat. Marvel at the big bay and city views, golf course greens, and twinkling city lights at night through floor to ceiling sliders that surround the main living areas. Whether a gourmet chef or an appreciator of a quality kitchen residents will find every convenience including a built-in coffee machine capable of making anything from Espressos to Cappuccinos. The primary suite features a spa-like experience with a designer bathroom, along with a closet which boasts a state-of-the-art mechanical rotary with built-ins for maximum order and efficiency. The comfortable 3rd bedroom/den has a built-in wine refrigerator with 2 temperature setting capabilities. Lovingly cared for and enjoyed by children and grandchildren alike, this beautifully appointed residence is full of warmth. The Sanctuary offers 18 beachfront acres with trails, an Olympic sized pool and spa, tennis courts, fitness center, and more. One under building parking spot included. Join the Longboat Key Club for access to golf courses, private restaurants, spa, and beach resort amenities. Live the ultimate beachfront lifestyle at the Sanctuary.

Details

Property type

Condominium

Est. home value

$2,333,464

Lot size

Unknown

Price per sq ft

$832

Year built

1991

Annual property taxes

$10,245

HOA

No

Price History

12/16/2024
StellarMLS

StellarMLS #A4631653

Listed
$1,975,000
+1.33%
09/01/2024
StellarMLS

StellarMLS #A4576305

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

StellarMLS #A4576305

Price change
$1,949,000
-2.06%

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

$136,485

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?

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Status: Active

Tomo last checked: 02/23/2025 at 8:00 AM

Listing updated: 02/03/2025 at 3:27 PM

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

MLS: StellarMLS #A4631653

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